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Commercial Procurement Specialist

1 month ago


Manchester, United Kingdom AJ Bell Management Limited Full time

We are seeking a skilled Commercial Procurement Specialist to join our AJ Bell Commercial team. The successful candidate will support the Head of Commercial Finance and other business areas in managing supplier contracts, cost control, and establishing commercial relationships with suppliers.

The ideal candidate will be able to operate independently, using their own initiative, while working with colleagues at all levels across the business and with external partners.

Key responsibilities will include:

  • Ensuring information assurance in relation to supplier contract documentation.
  • Assessing and analyzing existing and potential group suppliers.
  • Developing and maintaining external commercial relationships.
  • Reviewing and negotiating existing, new, and renewal contracts.
  • Assisting in controlling the Group's external cost base.
  • Liaising with Cost Centre managers regarding contract management and cost control.
  • Reviewing existing, new, and renewal contracts to ensure value and cost effectiveness.
  • Maintaining the group Contract Register (JIRA).
  • Undertaking initial and/or ongoing financial due diligence, reporting any financial risks as appropriate.
  • Ensuring appropriate management information is collated to facilitate effective oversight of third-party financial risks.

About you:

  • Experience in direct engagement with external partners/suppliers on commercial and contractual matters.
  • Strong written and verbal communication skills.
  • Strong mathematical skills.
  • IT literacy.
  • Strong organizational skills and the ability to plan and prioritize work.
  • Understanding of and interest in macroeconomics.
  • CIPS Qualified or studying towards qualification.
  • Able to demonstrate the ability to influence, challenge, and negotiate with a wide range of knowledgeable stakeholders, including suppliers and colleagues up to board level.
  • Good knowledge of contract law and managing risk.

In return for your hard work, you will receive:

  • A competitive starting salary of up to £35,000 per annum.
  • A generous holiday allowance of 25 days, increasing up to 31 days with service, plus bank holidays.
  • A casual dress code.
  • A discretionary bonus.
  • A contributory pension scheme.
  • A buy-as-you-earn share scheme.
  • Enhanced maternity/paternity scheme from day one.
  • A bike loan.
  • A season ticket loan portal.
  • Discounted PMI and dental.
  • An on-site gym and personal trainer-led classes.
  • Free social events and more.

AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work.

We do not discriminate on the basis of race, sex, gender identity, sexual orientation, age, pregnancy, religion, physical and mental disability, marital status, and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications, merit, and business need.