Procurement Associate

3 weeks ago


London, UK, United Kingdom CompassRock International Full time

Procurement Associate - CompassRock


Role Summary:

As a Procurement Associate, as part of a small team, you will play a vital role in managing procurement processes for the CompassRock Real Estate portfolio. You will collaborate with vendors and internal stakeholders, and ensure timely and cost-effective acquisition of services, supplies and equipment.


Company Overview:

CompassRock provides asset management and property management services to the rental housing sectors. Founded in the US, the company has expanded to the UK and is expanding its portfolio of BTR assets in the southeast of England. The company, backed by private equity, is undergoing a growth phase acquiring and developing new assets at a rapid pace.

Entrepreneurial and innovative culture is embedded in the company’s DNA and is evident in the people we employ. As the company grows, there will be ample opportunities for career advancement and skillset development.


Key Responsibilities:

  • Conduct supplier evaluation and selection, negotiations, and contracting.
  • Ensure accuracy and completeness (e.g., procurement process, performance reporting).
  • Prepare and control procurement and operational documents
  • Track contracts and orders using company systems
  • Enter purchase order or contract data into management information systems
  • Create and review reports
  • Maintain collaborative partnerships with suppliers
  • Resolve procurement queries promptly
  • Escalate emerging risks to necessary stakeholders
  • Assist in developing automated procurement procedures
  • Write policy documentation


Skills:

  • Supplier Relationship Management: Effective communication with suppliers to ensure quality products at reasonable prices
  • Organisation: Attention to detail and multitasking abilities are crucial for managing multiple projects
  • Problem Solving: Analysing bids, budgets, and researching products to find solutions
  • Attention to Detail: Precise execution of tasks, especially when handling large projects
  • Contract Negotiation: Skill in agreeing to terms with suppliers
  • Cost Analysis: Understanding cost implications and making informed decisions
  • Project Management: Coordinating procurement projects efficiently
  • Decision Making: Making informed choices based on company needs
  • Communication: informing internal stakeholders of procurement decisions and (where necessary) training on new procurement practices. Preparing and presenting client-facing communications.
  • Proficiency in Microsoft Office (particularly Excel.)


Experience:

At least two years experience in a related field.

Experience in Facilities Management is preferred.


Qualifications:

Relevant degree (e.g., Bachelor’s or Associate Degree in Business , Engineering, etc.) desired but not essential.

Desired: familiarity with purchasing policies, inventory management, and procurement, compliance and property management software. (Meridian, RealPage, SafeContractor, Experian)


Renumeration / Bonuses / Benefits

Salary: Up to £45,000

Bonuses: Discretionary Bonus Scheme which could range between 10% to 20%+ of base salary.

Benefits: a) Company Pension Scheme; b) Vitality Private Healthcare Insurance; c) Company Sick Pay; d) Bike to Work Scheme

Working Hours: 40 hour working week. Flexible start and finish times.

Job Type: Full-time, Permanent, 4x work from the office, 1x WFH

Location: 83 Baker Street, Marylebone, London, United Kingdom.



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