Job Details

Procurement Manager/ Senior Procurement Officer

Sector:Procurement & Supply Chain

Region : Greater London

Location: London City

Salary: £45,000 - £55,000 plus excellent benefits

Job Ref.: 41421987

Job Information

We are working with a leading financial services company and they are recruiting for an experienced Senior Procurement Officer / Procurement Manager to join the business.
Reporting into the Head of Procurement and working as part of a small team, the role will have responsibility for managing the end to end procurement function for the UK, including efficient set-up, control and reporting on all expenditures in alignment with budgets.
The business is also implementing a new procurement system (iValua), so this role will be involved with leading on the effective roll-out and automation of all procurement processors across the 3 UK divisions. If candidates have been previously involved in the implementation of a new procurement system this would be ideal.
Key duties and responsibilities will include;
-Manage the end to end function for the procurement of all goods and services in UK.
-Ensure that procurement processes satisfy all compliance and audit requirements with respect to segregation of duties, approval limits, approvals and audit trails.
-Promoting and leading on using the new iValua procurement solution by stakeholders across all areas of the business
-Ensure that all employees have appropriate access and security levels within the procurement system iValua.
-Monitoring divisional costs on a regular basis, providing periodic reporting for relevant stakeholders, and identifying ways to reduce the overall addressable spend.
-Ensure all vendors are correctly setup, relevant due diligence is completed and purchase orders are timely raised for all expenditures
-Ensure purchase orders are created in accordance with company policies and procedures.
-Monitor the market through benchmarking to improve cost and quality provided.
-Ensure contracts are maintained, managed and recorded using the contract management functionality including contract periods and renewals.
-Conduct appropriate supplier due-diligence to identify supply chain risk and provide support and guidance to stakeholders on appropriate supplier evaluation and risk mitigation methods.
-Find and develop partnerships with local and international suppliers that can provide high quality services, in a cost-conscious way (including discount structures and volume rebates).
-Produce regular reports on supplier/contract performance against agreed measures, which both monitor progress and enable effective decision-making.
-Provide high level system support to stakeholders for iValua

For this role it is essential that candidates have proven procurement experience at this level; CIPS qualification would be advantageous (although not essential).
Ideally candidates will have experience within insurance, financial services (or similar industry), although candidates from all sectors will be considered if they have the relevant procurement experience and interpersonal skills.
It is essential that candidates are confident with excellent communication skills, as you will be liaising with key stakeholders and suppliers across the business. Strong negotiation, change management, and the ability to lead and influence on key decisions and areas of change is essential.
This role is an urgent requirement and they are looking for someone to start ASAP - so ideally candidates will be immediate or on a short notice period.
This is an excellent opportunity to join a leading organisation that offers a fantastic benefits package, including Discretionary 10% Bonus, 28 days annual Leave (plus statutory), Pension Scheme (upto 15% company contribution), Death in Service x 7, Private Medical Insurance (including immediate family),Subsidised Private Dental insurance and Interest free season ticket loan.
For more information please apply on-line and a consultant from Cameron James will be in touch ASAP.