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Head of Procurement
2 months ago
The Group Head of Procurement will be responsible for defining and executing the procurement strategy for Prax Group. This will entail working with multiple stakeholders across the entirety of the Group, globally, to ensure a consistent approach to building strategic relationships with suppliers that will drive long term value.
The Group Head of Procurement will oversee the procurement process including sourcing, purchasing as well as managing the procurement documentation and records. You will be establishing robust due diligence and review procedures to ensure legal and compliance risks within vendor management are appropriately assessed and mitigated.
Key Responsibilities:
- Lead and manage a professional, collaborative procurement service that adds value and ensures compliance with Procedure Rules and legislative requirements.
- Build a lean yet effective Group Purchasing function to support the wider business.
- Act as the principal adviser on procurement and commercial, supporting effective decision-making.
- Develop and implement the procurement strategy, working with multiple business units to achieve corporate objectives and deliver savings.
- Analyse financial data to identify savings opportunities and contract improvements.
- Develop and maintain supplier relationship management policies and ensure contract management roles are understood.
- Build and maintain effective relationships with clients, suppliers, and stakeholders.
- Ensure procurement policies, processes, and systems are fit for purpose, identifying opportunities for continuous improvement.
Essential Knowledge, Skills, and Experience:
The ideal candidate will have in-depth knowledge and understanding of upstream, midstream and downstream oil and gas. They will also have expert and current knowledge of procurement best practices and substantial experience in leading a similar service.
The candidate will have a thorough understanding of procurement regulations in multiple jurisdictions and previous experience of building a high performing and fit for purpose procurement team.
They will also have experience in making strategic buying recommendations and building 3–5-year business plans to drive supplier relationships and business performance.
The candidate will have excellent communication and interpersonal skills, with the ability to engage and explain specialist information to non-specialists.
They will also have strong persuasion, influencing, and negotiation skills, as well as proven research skills with the ability to gather and interpret information effectively.
The ideal candidate will have the ability to identify and solve problems, developing effective solutions, and strong planning and organizational skills, with the ability to prioritize and meet deadlines.
They will also have excellent literacy and numeracy skills, with experience in writing reports, specifications, and agreements.
Additionally, the candidate will have experience in financial processing, budget monitoring, and evaluating contract compliance/performance.
They will also have proven ability to manage large and complex projects, and relevant professional qualification (MCIPS or equivalent experience) and educated to degree level or equivalent standard.
