Head of Procurement

Just Group; England; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading company in the financial services sector is seeking a Head of Procurement to lead their central Procurement function. The role involves optimizing team performance, managing sourcing processes, and ensuring compliance with regulatory standards. The successful candidate will engage with stakeholders and lead a team to enhance supplier relationships and drive cost efficiency. This position offers competitive benefits and opportunities for career progression.

Benefits

Competitive Salary

Pension Scheme

Life Assurance

25 Days Annual Leave

Private Medical Cover

Generous Bonus Scheme

Employee Assistance Helpline

Access to Headspace App

Qualifications

• Extensive experience in a Purchasing/Procurement management role.
• Ability to communicate with and challenge all levels of staff and management.

Responsibilities

• Oversee formal sourcing processes and controls.
• Lead and develop the Procurement team.
• Engage with stakeholders to support purchasing decisions.

Skills

Analytical Skills

Problem-Solving

Stakeholder Management

Leadership

Commercial Awareness

Tools

Oracle

Job description

Head of Procurement

Date Posted: 14/05/2025

Location: London

Job Type: Full time

About the role

We are looking for a Head of Procurement to lead the central Procurement function supporting the purchasing activity of the business. Leadership includes optimising the performance and value added by the team and also promoting the Procurement ‘brand’ to ensure business stakeholders understand the value of engaging with the function.

This includes managing formal sourcing, onboarding and contract renewal processes, and assessing value for money from third party products and services and provoking action to optimise this value. The role will also lead the Category Managers to support the Third Risk Party Management team to minimise supplier-related risks and uphold regulatory standards.

Responsibilities

• Sourcing: Oversee the operation of formal sourcing processes and controls incorporating appropriate RFI, RFQ and RFP stages as well as risk assessment in line with SS2/21 regulatory processes
• Contracting and onboarding: Work closely with Legal to negotiate optimised commercial terms for third party contracts as well as ensuring that third party risks and performance are managed where appropriate via contract terms.
• Insight and analysis: Use spend analysis to support cost optimisation
• Optimisation of group-wide arrangements: Identify third parties for which there are multiple touch-points across the Group and optimise terms and business interactions where their opportunities to make these more efficient and cost effective.
• Team leadership: Lead and develop the Procurement team establishing clearly defined roles, responsibilities and ways for working. Establish category strategies where appropriate to optimise the impact of the team.
• Stakeholder management: Engage with a wide range of stakeholders to support their purchasing decisions, including understanding the business context for purchasing activity, and navigating a de-centralised Supplier Relationship Management governance structure to support supplier relationships managed by the business.
• Governance and risk management: Ensure Procurement practice is in line with the Group Procurement and Outsourcing Manual (“GPOM”) and the Outsourcing and Third Party Company Policy.
• Continuous improvement of the sourcing and supplier onboarding processes
• Strong business knowledge: Maintain strong business understanding including key strategic priorities and markets in which the business operates. Just Group is changing and evolving at a fast pace, so there will be need to keep abreast of the changing landscape and shape of activity
• Review of wider purchasing operating model: Ensure that the Purchase Ledger and Accounts Payable teams’ processes support the wider objective to optimise value for money in our spend through efficient processes and controls that complement the wider Procurement strategy

Skills & Experience

• Extensive previous experience in a Purchasing/Procurement management role
• Proven track record of improving supplier and service provider performance
• Methodical, data driven, detail-oriented and highly organised
• Commercially aware with strong analytical skills and a problem-solving attitude
• Comfort in making key decisions in a fast paced and fluid business environment
• Able to seamlessly transition from the day to day hands-on and tactical to the strategic
• Displays the confidence and ability to communicate with and challenge all levels of staff and management, including Executives.
• Ability to question and improve process
• Ability to learn quickly and apply initiative
• Operating within FCA and/or PRA-regulated environments would be an advantage
• Knowledge of Oracle would be an advantage but not essential.

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
• Opportunity to progress within your career both in-role and within the company
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal
• Plus, several additional purchase options available for you and your loved ones