Procurement Manager
2 months ago
We are seeking a highly skilled Commercial Partnerships Manager to join our team at Phoenix Group Holdings. As a key member of our procurement function, you will play a critical role in driving business value through effective category management and strategic partnerships.
Key Responsibilities:- Develop and implement strategic procurement plans aligned with category/departmental objectives and wider-organisational goals.
- Identify, assess, and commercially manage end-to-end relationships with strategic, critical and other material suppliers to ensure the delivery of high-quality products and services.
- Lead the strategic procurement process, negotiate key commercial terms and contracts, and manage post-contract award supplier relationships and performance to maintain business benefits and mitigate risks.
- Implement cost transformation strategies including demand management, volume consolidation, specification optimisation, cost re-engineering and process efficiencies to generate savings and drive profitability.
- Proactively identify and mitigate risks associated with sourcing activities, including managing regulatory contractual change, ESG standards, supplier risks, contract risks and ensure business continuity.
- Collaborate with internal stakeholders, including Finance, Legal, Risk, and Business Unit Executives to understand their needs and requirements and provide strategic guidance and support.
- Establish key performance indicators (KPIs) and metrics and monitor the performance of the categories under management, track savings and identify areas for improvement.
- Demonstrable background of improving the value proposition of Procurement for indirect spend.
- Experience of adopting a strategic approach to Procurement, from defining category scope through to on-going maintenance of a defined and agreed category strategy.
- Strong negotiation acumen, with the ability to influence and communicate effectively with internal and external stakeholders.
- Ability to cultivate and maintain strong relationships with business stakeholders based on credibility and trust.
- Excellent analytical and problem-solving skills, with a data driven approach to decision-making.
- Experience of working with procurement tools and systems.
- Current working knowledge of contracting models.
- Ability to work independently, prioritise tasks and manage multiple projects simultaneously in a fast-paced environment.
- MCIPS qualification, or working towards (desirable).
- Detailed knowledge of the financial services and marketing supply market, from both an established service provider and disruptor perspective (desirable).
- Knowledge of financial services products and regulations (desirable).
We are the UK's largest long-term savings and retirement business, with a range of products across our market-leading brands. We offer a range of benefits, including a competitive salary, private medical cover, 38 days annual leave, 10% non-contributory pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.