Procurement Manager
London
Finance – Finance /
Full Time /
Hybrid
This is a newly created position driven by Moneybox’s electric growth. The Procurement Manager will be responsible for overseeing the procurement process, ensuring that goods and services are acquired in a cost-effective, timely, and compliant manner. This role requires strong negotiation skills, a strong self starter attitude, and the ability to manage relationships with vendors, suppliers, and internal stakeholders.
What You’ll Do
- The role operates from within the finance team, but is highly cross-functional in its nature. The role is within the Financial Operations team, but also has direct exposure to VP Finance. Responsible include, but not limited to, the following:
- Develop and implement procurement strategies to meet the company’s objectives and ensure efficient operations
- Manage the end-to-end procurement process, including supplier selection, contract negotiation, purchase order creation, and product/service delivery
- Build and maintain relationships with vendors and suppliers, negotiating favorable terms and ensuring high-quality standards are met
- Collaborate with internal departments (e.g., finance, legal) to align procurement with organisational needs and strategies
- Prepare and manage procurement budgets, ensuring that purchases are made within budgetary constraints
- Oversee the creation and management of procurement contracts alongside our contracts manager, ensuring that all terms and conditions are clearly defined and met
- Analyse procurement data and generate reports to evaluate supplier performance, cost trends, and procurement efficiency.
- Resolve any supplier-related issues, including disputes, quality concerns, and delivery delays, to maintain smooth operations.
Who you are
- Comfortable working alone but also thrives working in a team environment
- A driven, committed person who’s looking to build their career at an exciting fast-growing company
- Strong commercial acumen, with an attention to detail
- Able to drive issues through to resolution
- Excited about being part of a fast-growing company that’s trying to make a positive mark on the world
Experience and Skills
- Proven experience in procurement, purchasing, or supply chain management, with a track record of successful vendor management and cost savings
- Strong negotiation skills and a deep understanding of procurement strategies and best practices
- Excellent analytical skills, with the ability to interpret data and generate actionable insights, with a focus on efficiency in the process
- In-depth knowledge of contract law and supplier/vendor management
- Exceptional communication and interpersonal skills, with the ability to build relationships with both internal and external stakeholders.
- Able to deliver large and complex procurement transformation projects, including; systems, frameworks, procedures, etc
What’s In It For You?
- Competitive remuneration package.
- Company shares
- Enhanced company pension scheme
- Hybrid working environment
- Home office furniture allowance
- Personal Annual Learning and Development budget
- Private Medical Insurance
- Health Cash Plan (cashback on visits to the dentist & opticians etc)
- Cycle to work scheme
- Wellhub subscription to a variety of gyms and wellbeing apps
- Enhanced parental pay & leave
- 25 days holiday + bank holidays with additional days added with length of service.