Buyer

Who we are

Vaultex are the UK’s leading cash processing company, with sites nationwide. When you join us, you are supporting businesses to run securely and more efficiently, and ensuring continued access to cash for the millions of people that depend on it.

Job purpose

This role is a Procurement generalist position. The purpose of the role is to support the business in optimising the value that can be derived from the supplier base whilst adopting appropriate methods to manage and mitigate associated risks.

Main responsibilities

• Lead or, occasionally, support full end to end supplier selection exercises for goods and services, working with key stakeholders, across a varied range of direct and indirect spend categories such as IT software licence and support, equipment maintenance and consumables.
• Negotiate and place contracts with third party suppliers across a diverse range of spend categories.
• Manage through to resolution commercial and contractual queries with suppliers.
• Help ensure suppliers remain under contract and that where changes are required contract variations are drafted and negotiated in a timely manner.
• Analyse data from various sources, including spend and supplier performance KPI data, with a view to making substantiated recommendations to the business.
• Manage and administer Vaultex’s Supplier Relationship Management programme including performing due diligence exercises on Tier 1 and Tier 2 suppliers.
• Provide procurement and supplier management guidance and training to the business particularly to those responsible for managing suppliers on a day-to-day basis.
• Work with Accounts Payable in setting up new suppliers and managing supplier changes on Vaultex’s eProcurement platform.
• Periodically support with the compilation of business reports.
• Management of the Preferred Supplier List.
• Manage the relationship with those suppliers directly used by Procurement.
• Other procurement-related tasks as may be required from time to time.

Knowledge, skills, and experience required

• Full MCIPS accreditation or working towards.
• Experience of leading RFQs, RFPs across multiple and varied spend categories including working with business stakeholders in developing specifications / supplier evaluation / negotiation.
• Experience of drafting/making amendments to and negotiating contracts including around pricing, pricing controls and service levels.
• Motivated self-starter with a proven ability to autonomously manage own workload.
• Demonstrable drive to identify and deliver cost saving initiatives within set time frames.
• Competent in performing analysis on spend reports, third party supplier contracts and tender submissions, with a keen eye for detail.
• Substantial experience of interacting with suppliers with a good appreciation of best practice methods and tools.
• Practical experience of e-purchasing systems (although training on our systems will be provided).
• Eager to learn new things and adept at picking up information at pace.
• Articulate communicator and able to influence stakeholders from across the organisation up to senior manager level.
• Intermediate-Advanced: Microsoft Word, Excel and PowerPoint.

What we offer you

We are a Living Wage employer with Investors in People Platinum status, and as such have a great range of benefits:

• A generous company pension – auto-enrolled 4% employee 10% employer.
• Competitive holiday allowance with an option to purchase additional holidays (varies by grade).
• Group life assurance 4 x salary.
• Group income protection.
• VaulteXtra discounts on retailers, cycle to work, childcare vouchers, gym membership, cash back on purchase, eye tests and many more.
• Employee Assistance Programme – a free service should our employees require professional and impartial advice for legal advice and counselling.
• Robust Learning and Development team and opportunities for career progression.
• Performance based yearly bonus (grade dependant).
• One day paid volunteering opportunity each year.
• Mentorship programmes.
• Access to Peppy - a digital health platform providing support for healthcare in menopause, fertility, men’s and women’s health.
• Access to Aviva Digicare+ for annual health checks, nutritional consultations, mental health support, bereavement support and more.
• Access to Zurich's Virtual GP service.
• Charles Cameron - free access to independent mortgage advice.

Our culture

Vaultex acknowledges every person’s right to feel valued, respected, and fairly rewarded for what they do. We foster a collaborative environment where everyone is encouraged to share their views and shape Vaultex’s future. We are proud to demonstrate our commitment to transparency and progress as a Work180 endorsed employer. We are committed to building a diverse, inclusive and authentic workplace where everyone is supported to be their best.

If you require any reasonable adjustments throughout the recruitment process, please let us know. Upon submitting your application via the Workday link, you will receive an email notifying you of the outcome of your application when this has been reviewed. For successful candidates, the next stage will be a phone interview with the Vaultex recruitment team. If you would like to check the status of your application, please contact a member of the recruitment team.

Due to the secure nature of our business, all successful candidates will need to provide a five-year traceable work history (satisfactory employment references or evidence to explain employment gaps) and complete a criminal record and credit background check.

We look forward to hearing from you!

Location: Hybrid role - remote & 104 Dalton Ave, Birchwood, Warrington, WA3 6YF