Group Procurement Executive (12 months FTC)

K3 Capital Group Plc; Bolton Croft; On-site; GBP 35,000 - 55,000; Full time

Job summary

K3 Capital Group seeks a Group Procurement Executive for a 12-month fixed-term contract. This role involves coordinating procurement activities across the group, focusing on supplier management, contract negotiations, and policy implementation. Candidates should possess strong organizational skills and over five years of relevant experience, alongside excellent communication and analytical abilities.

Qualifications

• Previous procurement experience preferred.
• Minimum 5 years in an organizational role.
• Strong decision-making skills.

Responsibilities

• Implement and maintain procurement policy.
• Conduct needs assessments and supplier evaluations.
• Negotiate contracts and manage supplier onboarding.

Skills

Organisational skills

Time management

Decision-making

Communication

Analytical skills

Problem solving

Tools

MS Office

Job description

Group Procurement Executive - 12 months FTC

K3 Capital Group is a Private Equity owned Advisory and Professional Services organisation that provides a wide range of solutions to SME and Mid-market Corporate clients. The group consists of 20 businesses and has offices across the UK and in several International territories. The group is dynamic in nature and growing continually both organically and through acquisition.

Main Job Purpose

K3’s procurement policy establishes a structured framework for sourcing goods and services at K3 Capital Group Limited, its wider corporate Group and group and its subsidiary companies (K3). It aims to ensure that procurement practices are consistent, efficient, ethical, and aligned with the firm's strategic objectives while promoting sustainability and social responsibility.

The Group Procurement Executive will have responsibility for implementing and maintaining the Group’s procurement policy and supply chain in respect of qualifying contracts.

Joining the Group on a 12 month Fixed Term Contract, this role involves close coordination with and working under the direction of the Finance, Operations, and Legal teams on policy implementation, supplier management, and contractual compliance.

Key Responsibilities

Working closely with and under the direction of Group Operations Director, Group General Counsel and Financial Controller:

• Needs Assessments
  • Conduct Needs Assessments along with other key stakeholders to review new procurement requests submitted by internal stakeholders.
• Supplier Identification and Evaluation
  • Research and identify appropriate suppliers;
  • Evaluate prospective suppliers, products and services in line with Group procurement standards and needs assessment.
• Tender/RFP process
  • Leading pre-qualification processes and where applicable, management of any RFPs;
  • Collating information and presenting a summary of findings/risks to applicable internal stakeholders for input and comment;
  • Final proposal to be submitted to relevant decision makers for approval, which varies by contract.
• Contract negotiation
  • Working with Group Operations to negotiate contracts, identifying the most appropriate solution for the Group in line with its procurement principles.
• Supplier onboarding
  • On boarding of suppliers;
  • Conducting and maintaining KYC on suppliers.
• Contract review and execution
  • Engaging Legal on contract review;
  • Contract sign off by authorised approver.
• Performance monitoring of suppliers against KPIs.
• Supplier management and list management
  • Maintaining an approved directory of key Group preferred suppliers and blacklisted suppliers;
  • Consolidation of suppliers for services delivered across the group.
• Contract Renewal
  • Tracking contract renewal dates
  • Ensuring contracts are reviewed and renewed, where applicable, in good time ahead of termination.
• Additional Areas

• Working with Department Leads to identify process improvements where necessary to manage the overall direction and evaluation of procurement across the K3 Capital group of companies.
• In collaboration with Group Finance and Group Operations, identifying and harmonising supplier contracts for any business acquisitions
• Providing ad-hoc support to Group Finance and Group Legal & Group Operations where appropriate.

Required Skills & Experience

• None specifically – previous procurement experience preferred.
• Minimum 5 years’ experience in an organizational with a proven ability to effectively project manage.
• Office management experience desirable
• Strong organisation and time management skills
• Excellent decision-making skills with a proven ability to multitask and effectively prioritise
• First class communication and interpersonal skills
• Strong analytical and problem solving skills
• Proficient in MS Office (Word, Excel, Outlook and PowerPoint)

In Short

• Industry Business & Management
• Founded 2007
• Location Locations across the UK, Asia and the Caribbean
• Company size 1000 - 4999

Who are K3

K3 Capital Group, is a multi-disciplinary and complementary group of professional services businesses advising UK SMEs, with some operations overseas. Our trading subsidiaries consist of KBS Corporate, KBS Corporate Finance, Knightsbridge, Knight Corporate Finance, Quantuma, randd, inTax, Knight R&D, K3 Tax Advisory, K3 Advantage, Origin IQ, Pinnacle, HMA Taxand JE Consulting, offering Business Sales, Tax, Recovery and Technology services.