Head of Contracts and Procurement Finance | Permanent Full-Time Basingstoke

Reassured Ltd; Basingstoke; Hybrid; GBP 70,000 - 90,000; Full time

Benefits offered by this job

Enhanced annual leave

Employee Assistance Programme

Medical cash plan

Virtual GP

Discounted Life Insurance

Job summary

A growing financial services firm in Basingstoke is seeking a Head of Contracts and Procurement to oversee high value contracts and steer procurement strategy. You will lead contract negotiations, manage risks, and report directly to the CFO. The role offers significant influence and collaboration with executive stakeholders while ensuring compliance with governance policies. Candidates must have experience in financial services, strong negotiation skills, and the ability to manage complex contracts effectively. Benefits include enhanced leave and a medical cash plan.

Qualifications

• Significant experience within the financial services sector.
• Proven experience supporting or leading complex commercial negotiations.
• Strong understanding of risk governance frameworks.

Responsibilities

• Leading the prioritisation and delivery of high value contracts.
• Supporting stakeholders in defining commercial principles.
• Undertaking comprehensive contract reviews and proposing solutions.

Skills

Negotiation

Risk Management

Commercial Acumen

Project Management

Communication Skills

Education

Level 3 or equivalent

Job description

Full time, Permanent (opportunity for the role to be part-time, 3 days a week)

Remote (with travel to Basingstoke as required)

Are you a commercially astute contracts and procurement leader with a strong grasp of risk, governance and negotiation within financial services? We are looking for a Head of Contracts and Procurement to lead Reassured’s high value and high risk contract portfolio, shape our procurement strategy and provide expert commercial oversight across the business.

Reporting to the Chief Finance Officer, this is a senior role with significant influence, working closely with Executive and Board level stakeholders to ensure contracts and procurement activity supports Reassured’s strategic objectives while minimising risk.

Responsibilities

What you will be doing

• Leading the prioritisation, negotiation and delivery of high value, high risk and high dependency contracts in line with strategic objectives, ensuring appropriate escalation and management of key financial and non-financial risks.
• Supporting stakeholders in defining commercial principles for new and existing deals and translating agreed commercial positions into robust, operationally effective contracts.
• Undertaking comprehensive contract reviews, identifying contractual and commercial risks and recommending practical solutions.
• Developing, implementing and continually improving a procurement strategy proportionate to the size, ambition and risk appetite of the business.
• Embedding and maintaining the Spend Approval and Procurement Policy, authority matrix and end-to-end procurement lifecycle, ensuring best practice and strong compliance.
• Maintaining procurement policies and guidance and ensuring adherence across the organisation.
• Identifying and leading cost saving initiatives and opportunities to improve value for money.
• Providing clear governance, assurance and reporting to relevant Boards and Committees.
• Building strong relationships with internal stakeholders, including Directors, ExCo and Board members, and external partners, insurers and suppliers.

Qualifications

What we are looking for

• Significant experience within the financial services sector.
• Proven experience supporting or leading complex commercial negotiations and high value contract execution.
• Strong understanding of risk management, governance frameworks and regulatory environments.
• Excellent commercial acumen with the ability to negotiate and manage multiple complex contracts simultaneously.
• Strong project management and process improvement skills.
• Highly effective communication and influencing skills, including at Executive and Board level.
• Demonstrated ability to build, lead and motivate high performing teams.
• Excellent understanding of legal terms with strong contract drafting capability.
• Educated to a minimum of Level 3 or equivalent. Legal qualification is not essential, dependent on experience.

Why Reassured?

What you do at Reassured matters. You will be joining a successful, award-winning and growing company that values expertise, provides visibility at senior level and gives you the platform to make a meaningful commercial impact.

• Benefits include:
• Enhanced annual leave with length of service
• Enhanced maternity leave
• Employee Assistance Programme
• Medical cash plan
• Virtual GP
• Death in service
• Discounted Life Insurance and Critical Illness cover
• Free parking

If you are a strategic, commercially driven procurement leader who enjoys shaping frameworks, influencing at the highest level and managing complex risk, we would love to hear from you.