Head of Procurement

Just Group plc; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading financial services company is seeking a Head of Procurement to optimize purchasing activities and lead the Procurement team. This role involves managing sourcing processes, negotiating contracts, and ensuring compliance with regulatory standards. The ideal candidate will have extensive experience in procurement management and strong analytical skills, with a focus on continuous improvement and stakeholder engagement.

Benefits

Competitive Salary

Pension Scheme

Life Assurance

25 Days Annual Leave

Private Medical Cover

Income Protection

Generous Bonus Scheme

Career Progression Opportunities

Employee Assistance Helpline

Employee Funded Benefits

Qualifications

• Extensive previous experience in a Purchasing/Procurement management role.
• Comfort in making key decisions in a fast-paced environment.
• Operating within FCA and/or PRA-regulated environments would be an advantage.

Responsibilities

• Oversee formal sourcing processes and controls.
• Negotiate commercial terms for third-party contracts.
• Lead and develop the Procurement team.

Skills

Analytical skills

Problem-solving

Leadership

Commercial awareness

Communication

Tools

Oracle

Job description

Join to apply for the Head of Procurement role at Just Group plc

Join to apply for the Head of Procurement role at Just Group plc

Get AI-powered advice on this job and more exclusive features.

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail

Who are Just?

We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly. With the defined benefit buy in / buy out space growing each year, Just continues to annually grow its business by over £2bn of assets.

We are a purpose driven company with compelling and credible goals. Quite simply, we help people achieve a better later life. We achieve this by providing competitive and innovative products, services, financial advice and guidance to help our customers achieve security, certainty and provide them with peace of mind in retirement.

That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement.

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

Why Just?

We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025. We’ve made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.

Diversity, Equity and inclusion (DE&I) is a key priority for Just as part of our overall strategy and ensuring all of our people feel proud to work at Just. We have joined a number of initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.

What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other, Purchasing, and Finance

• Industries

  Financial Services and Insurance

Referrals increase your chances of interviewing at Just Group plc by 2x

Get notified about new Head of Procurement jobs in London Area, United Kingdom.

London, England, United Kingdom 2 weeks ago

Director of Procurement and Contracts – EV

London, England, United Kingdom 2 weeks ago

Head of Procurement – Health and Fitness Industry -(M&F) UK869080

Greater London, England, United Kingdom 2 weeks ago

Global Procurement Director Of Solutions Excellence & User Experience

Uxbridge, England, United Kingdom 1 week ago

London, England, United Kingdom 1 day ago

Head of Procurement - Customer Operations

Isleworth, England, United Kingdom 5 days ago

London, England, United Kingdom 1 week ago

Head of Procurement - 12 month maternity cover

Director, Country Head Quality Assurance - UK & Ireland

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 week ago

Head of Procurement, Supplier Management, and Outsourcing

London, England, United Kingdom 3 days ago

Dartford, England, United Kingdom 1 month ago

London, England, United Kingdom 4 days ago

Leeds, England, United Kingdom 1 week ago

London, England, United Kingdom 1 month ago

Head of Supply Chain - Fast-Growing Health & Beauty Business

City Of London, England, United Kingdom £70,000 - £90,000 4 days ago

London, England, United Kingdom 12 hours ago

Woking, England, United Kingdom 3 weeks ago

London, England, United Kingdom 4 days ago

London, England, United Kingdom 4 days ago

City Of London, England, United Kingdom 22 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.