Procurement Manager – Business Transformation

Just Group plc; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Procurement Manager to spearhead business transformation initiatives. This role involves managing complex sourcing projects and delivering commercial support while building strong relationships with senior stakeholders. The ideal candidate will have a strategic mindset, excellent negotiation skills, and a deep understanding of supplier markets, particularly in financial services. Join a dynamic team that values innovation and offers opportunities for career progression, all while contributing to projects that enhance customer propositions and improve lives. This is a fantastic opportunity to make a significant impact in a growing organization.

Benefits

Competitive Salary

Pension Scheme

Life Assurance

25 Days Annual Leave

Private Medical Cover

Income Protection

Generous bonus scheme

Career progression opportunities

FREE access to Headspace App

Employee Assistance Helpline

Qualifications

• Experience in complex business transformation projects is essential.
• Proven ability to manage multiple complex projects simultaneously.

Responsibilities

• Lead end-to-end strategic sourcing projects across multiple categories.
• Establish strong relationships with key stakeholders to understand business needs.
• Negotiate commercial and contractual terms with third parties.

Skills

Strategic sourcing experience

Commercial and contract negotiations

Problem-solving and analytical abilities

Project management skills

Financial Services knowledge

Understanding of regulatory guidelines

Experience with S2P or P2P systems

Deep knowledge of commercial contract drafting

Experience in complex transformation projects

Job description

Procurement Manager – Business Transformation

Just Group is entering a period of significant growth involving high value complex multi-year projects to transform the way that it delivers its customer propositions to help people achieve a better later life. Key growth areas include our Defined Benefits pensions, Retail and HUB distribution teams.

We are seeking a candidate who has demonstrable experience in complex business transformation projects. This is not a category-led role; you will be working on projects that require outsourcing and third party delivery across a range of supply commodities including external consulting, finance systems, marketing, IT and HR.

You will be delivering business partnering and commercial support to the business for complex sourcing requirements, which requires delivery of end to end procurement process, normally involving the running of sourcing events. You will be capable of developing a deep understanding of business needs and building clear credible relationships with senior stakeholders.

Your credibility comes from your background in complex multi-year projects, working closely with business and project leads, change, legal and IT functions. You are also current with supply markets for finance systems, cloud software and platform and consultancy support services, ideally in the financial services sector, and able to bring your supplier market knowledge to the table when identifying supply needs with your stakeholders. You are also a proven negotiator, assured in negotiating supply arrangements in conditions where the outsourcers and third parties may hold a dominant market position.

Due to the high value nature of projects you will normally take an RFP approach to market. You will therefore have a structured mindset and approach to delivery of formal sourcing events, taking full ownership of commercial and contractual negotiations, taking stakeholders and third parties on a coherent sourcing project pathway, from initial need through to contracting and handoff to the business. Your critical thinking, problem solving and keeping to deadlines will be key to the role. You will have a strategic mindset but also be data-driven and analytical, adept at translating data and complex information into action.

In addition to your business partnering, you will work alongside the Category and SRM Managers in the Procurement team, ensuring that your project deliveries complement their activities. Just Group is a financial services regulated firm, therefore your ability to follow third party risk management process during sourcing events will be key.

More broadly, you have delivered leading class procurement and can bring new ideas and thinking to the team.

Responsibilities

1. Establish strong relationships with key stakeholders to understand business needs, cost saving opportunities, deliver effective demand management and address third party risk management (TPRM) matters.
2. Lead and manage end to end strategic and tactical sourcing projects across multiple categories, selecting appropriate sourcing event, following formal sourcing processes and handing off to the business and Supplier Relationship Management (SRM).
3. Proactive identification of new sourcing initiatives through deep relationships with business leads and the change team.
4. Negotiating commercial and contractual terms with third parties.
5. Enabling budget holders to optimise their budgets and deliver business requirements at best value with minimised risk.
6. Identifying and delivering cost saving and cost avoidance opportunities to meet budget holder targets, producing MI as required.
7. Collaborating with Procurement category managers to ensure that transformation projects are complementary to their activities in the IT, Professional Services and Corporate Services categories, reflecting corporate objectives.
8. Embedding the procurement governance framework within Just, aligned to the Group Procurement & Outsourcing Policy (GPOP) and Group Procurement & Outsourcing Manual (GPOM).
9. Supporting the development of Procurement’s supplier contract management and governance system, also including TPRM.
10. Advocate and communicate benefits to the business of timely engagement with Procurement.

Skills & Experience

1. Strategic sourcing experience across multiple categories, with focus on enterprise scale third party providers and outsourcers.
2. Demonstrable knowledge and understanding of developing and deploying sourcing strategies, financial concepts and the ability to contribute to business cases.
3. Financial Services background helpful, as well as knowledge of regulatory guidelines for third party management (PRA, FCA).
4. Previous experience of S2P or P2P systems is helpful.
5. Experience of complex transformation projects, involving outsourcing and offshoring.
6. Demonstrable skills in commercial and contract negotiations.
7. Deep knowledge of commercial contract drafting and commercial law.
8. Experienced in running complex sourcing events.
9. Proven planning/project management skills – able to develop end to end sourcing plans in complex situations.
10. Ability to manage and take ownership of multiple complex projects simultaneously.
11. Effective problem-solving and analytical abilities, being able to construct and deliver complex analyses and play back to stakeholders at senior leader level.
12. Deep understanding of current supplier market base in the transformation space (IT, platforms, consultancy).
13. Analytical and highly numerate – ideally intermediate level or higher in MS Excel, PowerPoint.
14. Confident in report writing and presentation -able to ‘tell the story’ and simplify complexity.

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.