Procurement Manager

Posted 19/08/2024 by Michael Page

Remote job
Location:
City of London, London
Salary/Rate:
£70,000 - £80,000/annum

An opportunity for a detail-oriented Procurement Manager to lead and manage all procurement activities within a global professional services firm based in London. The role requires strategic thinking, strong negotiation skills, and a deep understanding of supply chain management.

Client Details

Our client is a globally recognised professional services firm. With over 7000 employees spread across 36 countries, they are renowned for their effective and efficient services. Based in London, they are a prominent figure in the recruitment industry, helping businesses thrive by finding the right talent for their teams.

Description

  • Develop, lead and execute purchasing strategies.
  • Track and report key functional metrics to reduce expenses and improve effectiveness.
  • Craft negotiation strategies and close deals with optimal terms.
  • Forecast price and market trends to identify changes of balance in buyer-supplier power.
  • Determine quantity and timing of deliveries.
  • Monitor and forecast upcoming levels of demand for services and products.
  • Perform cost and scenario analysis, and benchmarking.
  • Assess, manage and mitigate risks.

Profile

A successful Procurement Manager should have:

-Work with the Head of Procurement to develop, implement, and embed the Procurement & Vendor Management policies and procedures to meet the expanded regulatory objectives.

-Work with the Head of Procurement Management to adapt and enhance the existing procurement policy, processes and procedures. Regulatory Engagement

-Work with the Regulatory Engagement Team to support the Procurement team's response to matters including Third Party Risk, Outsourcing, Cloud, and Critical Third Parties.

-Engage directly with FMID and the PSR as appropriate. Stakeholder Management

-C-suite level engagement and presentation at RiskCo & Exco may be required.

-Build robust relationships with relevant Supplier areas including but not limited to Technology, Software, Security, Operational Resilience, Legal, and Cyber Security.

-Work with the Commercial Management and Procurement team to ensure that interactions with Suppliers are consistent, proportionate, and considered.

MCIPS or working towards.

* Degree educated or degree calibre.

* Experience with indirect tech biased procurement

* Minimum of 5-7 years in Procurement and Vendor Management - Technology/SaaS/Software Categories - desirable

* Experience in a supplier facing role with decision making responsibilities

* Excellent communication and negotiation skills.

* Experience with managing small teams.

* Excellent stakeholder engagement skills.

* Excellent understanding of commercial legal contract and terms and conditions.

* Demonstrate significant savings through contract management and negotiation.

* Exposure and experience of executing modern procurement sourcing techniques and solutions

Job Offer

  • An estimated annual salary of £70,000 to £80,000 depending on experience.
  • A comprehensive benefits package.
  • Opportunities for personal and professional development.
  • A chance to be part of an industry-leading recruitment consultancy firm in London.

This is a great opportunity for a procurement manager to advance their career. Interested candidates are encouraged to apply.

Type:
Permanent
Contract Length:
N/A
Job Reference:
JN -082024-6512414_1724085366
Job ID:
222191275

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