Sourcing Manager
2 weeks ago
Legal & General are currently looking for a Sourcing Manager to manage numerous sourcing projects across a wide variety of business areas including IT, HR and more.
For the right candidate, we can offer £650 p/d inside of IR35 (plus 17.3% Umbrella uplift) to join L&G on a 26-week contract, with the potential for extension subject to performance and business requirements. The team are based out of the L&G office in Hove, our ideal candidate would be able to attend the office on a weekly basis, however, we are flexible on office attendance for the right candidate.
ALL APPLICANTS MUST BE BASED IN MAINLAND UK WITH A VALID RIGHT TO WORK IN THE UK.
Reporting into the Sourcing Delivery Lead, you will plan and carry out sourcing activities as required in accordance with policy, risk appetites and regulation. This will include working with stakeholders to elicit requirements, reviewing existing contracts, negotiation of new contracts and commercial terms to maximise value for money, and managing risk.
Principal accountabilities
- Ensure all contracting and commitment to spend is undertaken and governed in accordance with good practice and authorities, and in line with business strategy and requirements.
- Ensure compliance with Procurement controls and governance in the context of the relevant policies, and risk and regulatory frameworks.
- Conduct sourcing activities and negotiations for renewals, in-life negotiations and new supplier engagements ensuring relevant control and governance requirements are met, as demand dictates.
- Actively identify and lead opportunities to drive value and improve performance of potential supply base while seeking to reduce cost and risk and improve performance and value.
- Support sourcing metrics, KPIs, and targets to ensure delivery of measurably exceptional outcomes to Legal & General.
- Support the execution of all business change strategies to transform current operations, applying strategic sourcing principles and Procurement best practices.
- Support monitoring of adherence to established contracts and realisation of savings, collaborating with contract management and supplier relationship management (SRM) teams as required.
Our ideal candidate will be able to demonstrate the following qualifications, knowledge, and skills:
- A seasoned Procurement professional with at least 10 years' experience in similar roles.
- Proficient in Sourcing and P2P best practices and strategies.
- Excellent business acumen.
- In-depth knowledge in Sourcing, Procurement and Supply Chain including category management, sourcing execution and procurement technology.
- Good knowledge of contracting principles and associated legal frameworks, understanding of spend categories, financial models, regulatory landscape, and impact on commercial agreements.
- Understanding of tools and techniques to execute strategic sourcing (e.g., RFQ process, spend analytics, e-RFQ tools, etc.)
- Excellent oral and written communication skills at Executive level.
- Experience of undertaking and managing sourcing activities and negotiations in a regulated environment - Financial Services experience is preferred but not essential.
- Experience and ability to prioritise busy workload, work to deadlines and ability to be flexible in a continuously changing environment.
If you are the Sourcing Manager we are looking for, then do not delay in applying as we are looking for you to join L&G ASAP
We endeavour to contact successful candidates as soon as possible and appreciate the time that all candidates take to apply for our roles. However, due to the number of applications we receive, we are not able to provide feedback to candidates who are not invited to interview.
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