Job Description

Procurement Specialist

Procurement Specialist- London/Hybrid- 18 Months- £170-£200 PAYE

A global FinTech company are looking for an experienced Procurement Specialist to join their team on an initial 18 month assignment. The Procurement Specialist will be responsible for the execution of purchase requisitions in support of global sourcing activities and initiatives across one or more categories in Marketing, Services, and or Technology. This role will serve as a contact point responsible for building and managing relationships with key business owners and suppliers and will be required to execute/identify global strategic sourcing initiatives, drive cost savings, identify and impact efficiencies that support growth strategies within the respective departments supported. This role also requires the execution of sourcing strategies, with an equal emphasis placed on the ability to identify, analyze, and quantify opportunities as well as the ability to manage RFI and RFPs and handle vendor negotiations.


Strategic Sourcing/Procurement Process Execution and Project Management
Provide category expertise and leverage that understanding to determine potential sources of supply, determine capabilities of suppliers' product and service offerings, and relate offerings to stakeholder needs
Determine the right sourcing process considering bidding approach, formal and informal negotiations, and structure process to resolve conflicts and build consensus
Drive project activity across several cross-functional team through communication of expectations, decisions, changes, enforcement of deadlines, and creation and evaluation of deliverables
Define data needed to meet objectives and develop an effective plan for gathering it (including spend, contracts, supplier information, stakeholder insights, current state process & tools)
Utilize analysis to solve business problems. Draw conclusions and insights that are not immediately obvious
Gather, analyze, and document requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, business analysis, and task and workflow analysis
Lead and Manage RFI/RFQ/RFPs from start to finish, which includes creation, issuance, and facilitation of the entire process, through vendor evaluations (using scorecards) and vendor selection
Direct the negotiation of medium complexity, enterprise-wide, strategic supplier partners
Manage issues & risks and communicate to management.
Consult with senior management and project management experts as needed.Skills/Experience:

Experience with ERP and Source-to-Pay tools
Experience developing and/or presenting business cases
Bachelor's degree in Business or other quantitative discipline
5-7 years of sourcing experience (e.g., RFI/RFQ/RFP, reverse auctions, interests-based direct negotiations)
Experience negotiating with suppliers
Experience in contract development, administration, and/or management
Experience managing multiple simultaneous projects in a fast-paced environment
Experience in negotiating deals with global vendors
Experience in managing global vendor relationships
Solid financial and/or quantitative modeling
Comfort with written and verbal communication of quantitative and qualitative information with executives
Availability to directly support and interact with multiple local/international business unitsDesired skills:

A proven track record of cost reduction and productivity improvements; ability to influence and drive change while building solid relationships with your internal clients and external vendors
Internal or external business consulting experience highly desired
Knowledge and interest in key sourcing areas such as: o Marketing Services o Professional Services and Consulting o Technology and Engineering Services o Workplace Services (Facilities) o Customer Success and Care
Knowledge of global supply base
Strong analytical skills; MS Excel proficient; financial modeling preferred
Strong written and communication skills; MS PowerPoint, MS Word proficient
Ability to work independently as well as lead and participate in cross functional teams
Ability to collaborate in a team environment
Awareness of best practices regarding vendor management (e.g., strategic alliances, supplier certification, etc.)
Excellent documentation and requirements analysis
Attention to detail and ability to analyze complex data

Huntress Search Ltd acts as a Recruitment Agency in relation to all Permanent roles and as a Recruitment Business in relation to all Temporary roles.

We practice a diverse and inclusive recruitment process that ensures equal opportunity for all we work with, irrespective of race, sexual orientation, mental or physical disability, age or gender. As an organisation, we encourage applications from all backgrounds and will ensure measures are met when required, to allow a fair process throughout.

PLEASE NOTE: We can only consider applications from candidates who have the right to work in the UK