Procurement Manager

CMC Markets; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

CMC Markets is seeking an experienced Procurement Manager on a 6-9 month fixed-term contract (maternity cover) to lead end-to-end procurement, partnering with Business Heads, Finance and IT to implement a new operating model and procurement strategy.

This onsite London-based role requires coordinating a procurement operations team, driving cost savings, managing supplier relationships and ensuring timely contract renewals and software/hardware spend oversight.

Qualifications

• Proven experience in a procurement role within Finance and/or IT.
• Strong budgeting, forecasting, and cost-tracking capabilities.
• Experience managing vendors and supplier relationships.
• Ability to operate strategically while hands-on in a fast-paced environment.

Responsibilities

• Manage the procurement operations team with prioritisation and delivery.
• Implement a new target operating model and procurement strategy.
• Oversee day-to-day order lead times and supplier interactions.
• Lead contractual reviews, renewals and vendor management.
• Drive cost savings and monitor adherence to policy.
• Budget management and software asset management.

Skills

End-to-end procurement

Budgeting & forecasting

Vendor management

Strategic & hands-on leadership

Job description

We are looking for an experienced Procurement Manager to join us on a 6-9 month fixed-term contract (Maternity cover), supporting the end-to-end procurement cycle. This role will partner closely with Business Heads, Finance, and IT, while also leading the implementation of a new target operating model and procurement strategy.

This is a fantastic opportunity to step into a high-impact role, driving operational excellence and shaping procurement best practice across the business.

*** Please note that this is an onsite role that will require you to work within our London office (near Liverpool street) 5 days on site per week. ***

Responsibilities:

• Manage the procurement operations team in terms of prioritisation, development, query resolution and
• measuring performance to ensure a high standard of delivery and customer service.
• Implementation of a new target operating model/procurement strategy.
• Oversee any day-to-day order lead time resolution activities with the team and internal stakeholders.
• Lead, co-ordinate and take responsibility for all day-to-day operational procurement activities.
• Resolve any day-to-day end user and supplier operational queries including invoice and payment issues in
• conjunction with Finance and budget holders.
• Actively seek, recommend and report on cost saving and where necessary challenge operational requirements
• and supplier spend.
• Actively monitor adherence to the Procurement Policy.
• Provide training and support to both the team and end users in the use of related procedures and processes
• Manage new and existing hardware and software support contracts;
• Review quotes and contract terms and conditions
• Work with technical team leads to ensure all pending contract renewals are completed in a timely fashion
• Keep all contract documentation up to date
• Assist in completion of RFP for new requirements as appropriate
• Management of relationships with external suppliers
• Budget Management and Analysis
• Software Asset Management

What we are looking for:

• Proven experience in a procurement role within Finance and/or IT.
• Strong background in budgeting, forecasting, and cost tracking.
• Experience managing vendors and supplier relationships.
• Ability to operate both strategically and hands-on in a fast-paced environment.

Nice to have

• Experience managing and negotiating contracts.
• Exposure to technology suppliers and software/hardware procurement.
• Experience benchmarking costs and contracts.

CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.