Procurement Manager
3-4 months contract (day rate inside IR35)
Location - London or Reigate
Hybrid role
This award-winning specialist UK Financial Services Company are seeking a Procurement Manager for a short-term interim contract.
Working on projects that require outsourcing and third party delivery across a range of supply commodities including external consulting, finance systems, marketing, IT and HR.
You will be delivering business partnering and commercial support to the business for complex sourcing requirements, which requires delivery of end to end procurement process, normally involving the running of sourcing events. You will be capable of developing a deep understanding of business needs and building clear credible relationships with senior stakeholders.
Key Activities
* Establish strong relationships with key stakeholders to understand business needs, cost saving opportunities, deliver effective demand management and address third party risk management (TPRM) matters.
* Lead and manage end to end strategic and tactical sourcing projects across multiple categories, selecting appropriate sourcing event, following formal sourcing processes and handing off to the business and Supplier Relationship Management (SRM).
* Proactive identification of new sourcing initiatives through deep relationships with business leads and the change team.
* Negotiating commercial and contractual terms with third parties.
* Enabling budget holders to optimise their budgets and deliver business requirements at best value with minimised risk.
* Identifying and delivering cost saving and cost avoidance opportunities to meet budget holder targets, producing MI as required.
Skills, Experience, and Qualifications
* Significant Procurement experience
* Strategic sourcing experience across multiple categories, with focus on enterprise scale third party providers and outsourcers
* Demonstrable knowledge and understanding of developing and deploying sourcing strategies, financial concepts and the ability to contribute to business cases
* Financial Services background helpful, as well as knowledge of regulatory guidelines for third party management (PRA, FCA)
* Previous experience of S2P or P2P systems is helpful
* Experience of complex transformation projects, involving outsourcing and offshoring
* Excellent stakeholder management