Head of Procurement

Aztec; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dynamic leader to establish and drive a transformative procurement function. This role offers the opportunity to develop innovative procurement strategies that align with business objectives while managing supplier risk and compliance. You will be at the forefront of creating frameworks and processes that deliver best-in-class procurement solutions. If you are passionate about leading high-performing teams and driving commercial value through strategic negotiation and supplier management, this is the perfect opportunity for you to make a significant impact in a rapidly growing organization.

Benefits

Professional Development Training

In-house Technical Training

Flexible Working Hours

Health and Wellness Programs

Qualifications

• Experience in building and managing a procurement function in large organizations.
• Strong leadership skills with a focus on team development and motivation.
• Ability to negotiate contracts and manage supplier relationships effectively.

Responsibilities

• Lead the establishment of a best-in-class procurement function.
• Develop and implement procurement strategies that optimize value.
• Negotiate contracts and manage supplier performance to ensure compliance.

Skills

Procurement Management

Negotiation Skills

Leadership

Risk Management

Vendor Management

Analytical Skills

Interpersonal Skills

Presentation Skills

Communication Skills

Financial Services Knowledge

Education

MCIPS qualification

CIPS Level 5+

Tools

Procurement Systems

Data Analysis Tools

Job description

Reporting to the Group Head of Operations

This is an exciting opportunity to establish and lead a procurement function in a rapidly growing and transforming organisation. This position will drive the planning and development of market leading, innovative procurement strategies and frameworks that support organisational objectives whilst proactively addressing and managing risk and compliance. In addition to the creation of a procurement strategy for the Group, the role will additionally be responsible for the management of supplier risk, contract and commercial management, governance and oversight of goods and services, systems and tools and the provision of procurement advice to the business.

Key responsibilities:

• Accountable for establishing and leading an in-house procurement function which delivers a best-in-class procurement service to the wider Aztec business.
• Accountable for creating and implementing procurement strategies, managing suppliers and contracts, and optimising procurement processes to ensure cost-effectiveness.
• Development and implementation of the overarching procurement framework, including procurement and third-party risk management policies, procedures, systems and tools, that deliver best in class procurement solutions.
• Negotiate contracts, improve prices and terms of business with suppliers, and review opportunities to make business savings, as well as reviewing existing contracts with suppliers and vendors to ensure favourable terms.
• Evaluate and manage relationships with key suppliers to ensure they operate within defined SLAs and meet the company’s performance needs.
• Perform regular due diligence checks on third-party vendors (at onboarding and on an ongoing basis) to ensure they adhere to required standards and practices.
• Work closely with the business, finance and legal teams to drive the right commercial outcomes with a focus from day one on large contracts.
• Accountable for developing a suite of procurement contract and service frameworks which deliver best practice procurement support to the Aztec procurement team
• Accountable for developing a robust tendering process, enabling the business to effectively evaluate tenders and identify the best outcome for the business.
• Develop and implement procurement arrangements and initiatives that deliver optimal value for money outcomes.
• Lead high level negotiations with procurement partners and suppliers and establish collaborative stakeholder and strategic supplier relationships to maximise the organisation’s influence.
• Provide expert, authoritative advice to key stakeholders on all aspects of procurement strategy and practice to inform business planning and action.
• Establish key performance indicators and qualitative and quantitative metrics to capture, report and evaluate the benefit and performance of all procurement activity and lead improvement planning and implementation in consultation with key stakeholders and suppliers.
• Measure and track performance within each spend category and define budgetary impact.

Skills and knowledge:

• Previous experience of building, leading and managing a procurement function at senior leadership level, in a 2000+ employee multi-jurisdictional organisation is required.
• Strong and inclusive people leader with demonstrable success on motivating and developing high performing teams.
• Excellent interpersonal and presentation skills with the proven ability to engage and influence at all levels, including C-suite level stakeholders.
• Proven experience in developing procurement frameworks, policies, systems and tools that add value to the business and effectively manage risk.
• Experience of building and maintaining a vendor programme.
• Excellent negotiation skills and demonstrable ability to bring tangible commercial value through the successful contracting and management of suppliers.
• Ability to think critically and independently problem solve, bringing insight and clarity to complex situations.
• Robust IT skills with the ability to embrace opportunities for increased digital and automated technology to drive effective solutions.
• An analytical, data driven thinker with experience of creating, presenting and driving metrics and reports.
• Strong communication skills with the ability to develop collaborative networks and relationships to drive solutions.
• Previous experience in a financial services company is desirable but not essential.
• MCIPS qualification is highly desirable but CIPS Level 5+ plus relevant experience would be considered.

We will provide the training, both in-house for relevant technical knowledge and also professional qualifications to enhance your professional development. You will need to be quick to learn new systems and great with people, as close working relationships between our colleagues and clients is at the heart of what we do.