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- Tasks: Lead high-value contracts and shape procurement strategy in a dynamic financial services environment.
- Company: Join Reassured, an award-winning company that values expertise and innovation.
- Benefits: Enjoy enhanced leave, medical plans, and a supportive work culture.
- Other info: Flexible working options available, with opportunities for career growth.
- Why this job: Make a meaningful impact while influencing at the highest levels of the organisation.
- Qualifications: Experience in financial services and strong negotiation skills are essential.
The predicted salary is between 70000 - 90000 £ per year.
Full time, Permanent (opportunity for the role to be part-time, 3 days a week) Remote (with travel to Basingstoke as required).
Are you a commercially astute contracts and procurement leader with a strong grasp of risk, governance and negotiation within financial services? We are looking for a Head of Contracts and Procurement to lead Reassured’s high value and high risk contract portfolio, shape our procurement strategy and provide expert commercial oversight across the business. Reporting to the Chief Finance Officer, this is a senior role with significant influence, working closely with Executive and Board level stakeholders to ensure contracts and procurement activity supports Reassured’s strategic objectives while minimising risk.
ResponsibilitiesWhat you will be doing:
- Leading the prioritisation, negotiation and delivery of high value, high risk and high dependency contracts in line with strategic objectives, ensuring appropriate escalation and management of key financial and non-financial risks.
- Supporting stakeholders in defining commercial principles for new and existing deals and translating agreed commercial positions into robust, operationally effective contracts.
- Undertaking comprehensive contract reviews, identifying contractual and commercial risks and recommending practical solutions.
- Developing, implementing and continually improving a procurement strategy proportionate to the size, ambition and risk appetite of the business.
- Embedding and maintaining the Spend Approval and Procurement Policy, authority matrix and end-to-end procurement lifecycle, ensuring best practice and strong compliance.
- Maintaining procurement policies and guidance and ensuring adherence across the organisation.
- Identifying and leading cost saving initiatives and opportunities to improve value for money.
- Providing clear governance, assurance and reporting to relevant Boards and Committees.
- Building strong relationships with internal stakeholders, including Directors, ExCo and Board members, and external partners, insurers and suppliers.
What we are looking for:
- Significant experience within the financial services sector.
- Proven experience supporting or leading complex commercial negotiations and high value contract execution.
- Strong understanding of risk management, governance frameworks and regulatory environments.
- Excellent commercial acumen with the ability to negotiate and manage multiple complex contracts simultaneously.
- Strong project management and process improvement skills.
- Highly effective communication and influencing skills, including at Executive and Board level.
- Demonstrated ability to build, lead and motivate high performing teams.
- Excellent understanding of legal terms with strong contract drafting capability.
- Educated to a minimum of Level 3 or equivalent. Legal qualification is not essential, dependent on experience.
What you do at Reassured matters. You will be joining a successful, award-winning and growing company that values expertise, provides visibility at senior level and gives you the platform to make a meaningful commercial impact.
Benefits include:
- Enhanced annual leave with length of service
- Enhanced maternity leave
- Employee Assistance Programme
- Medical cash plan
- Virtual GP
- Death in service
- Discounted Life Insurance and Critical Illness cover
- Free parking
If you are a strategic, commercially driven procurement leader who enjoys shaping frameworks, influencing at the highest level and managing complex risk, we would love to hear from you.
Head of Contracts and Procurement Finance | Permanent Full-Time Basingstoke in Hampshire employer: Reassured Ltd
Contact Detail:
Reassured Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Contracts and Procurement Finance | Permanent Full-Time Basingstoke in Hampshire
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant online groups, and don’t be shy about reaching out to potential colleagues on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interviews by researching the company and its values. Think about how your experience aligns with their needs, especially around risk management and procurement strategies. We want you to walk in confident and ready to showcase your skills!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the role. We believe this small gesture can make a big difference in keeping you top of mind.
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance at landing the job. We keep an eye on applications that come through our platform, so don’t miss out on showcasing your talents where it counts!
We think you need these skills to ace Head of Contracts and Procurement Finance | Permanent Full-Time Basingstoke in Hampshire
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the job description. Highlight your experience in contracts and procurement, especially in financial services. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Head of Contracts and Procurement role. Share specific examples of your achievements and how they relate to our needs.
Showcase Your Leadership Skills: Since this is a senior role, we want to see your leadership experience front and centre. Talk about how you've built and motivated teams, and how you've influenced stakeholders at all levels.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Reassured Ltd
✨Know Your Contracts Inside Out
Before the interview, make sure you thoroughly understand the types of contracts and procurement strategies relevant to the role. Be prepared to discuss specific examples from your past experience where you've successfully negotiated high-value contracts or managed risks.
✨Showcase Your Commercial Acumen
Highlight your ability to identify and implement cost-saving initiatives. Think of concrete examples where your commercial insight led to improved value for money, and be ready to explain how you can bring that expertise to Reassured.
✨Build Rapport with Stakeholders
Since this role involves working closely with Executive and Board level stakeholders, practice how you'll establish strong relationships. Prepare to discuss your approach to stakeholder management and how you've influenced decision-making in previous roles.
✨Demonstrate Risk Management Skills
Be ready to talk about your understanding of risk management and governance frameworks. Share specific instances where you've identified contractual risks and implemented effective solutions, showcasing your proactive approach to minimising risk.