Senior Procurement Officer

We are currently recruiting for a Senior Procurement Officer to work for one of the largest Insurance and Asset Management Providers.
This will initially be starting remotely however based in their London office when safe to do so.
A solid financial background, in-depth business knowledge of procurement, financial and approval processes are required for this role.
My client is keen to offer this role to the successful candidate in the next few weeks therefore please do not hesitate in submitting your application today!

Job Summary:

Managing the end to end procurement processing function including supporting financial
controls. This role will provide high quality procurement guidance, advice and support to internal stakeholders.
Will be responsible for the full range of business processes required for the purchasing of all goods and services in the UK and the efficient setup, control and reporting on all expenditures and aligned with budgets.
In addition, this role will support, manage and maintain the in-house procurement system iValua.

Key Responsibilities:

*Manage the end to end function for the procurement of all goods and services in UK.
*Ensure that procurement processes satisfy all compliance and audit requirements with respect to segregation of duties, approval limits, approvals and audit trails.
*Leverage on the new iValua solution to increase automation and process industrialisation.
*Leverage on iValua to monitor and optimise costs on a regular basis, by providing periodic
*reporting for relevant stakeholders, by regularly monitoring unit costs and volumes and
*identifying ways to reduce the overall addressable spend.
*Ensure that all employees have appropriate access and security levels within the procurement system iValua.
*Work with the UK finance function to ensure all vendors are correctly setup, relevant due diligence is completed and purchase orders are timely raised for all expenditures in the UK.
*Ensure purchase orders are created in accordance with company policies and procedures.
*Monitor the market through bench-marking to improve cost and quality provided to the UK.
*Ensure contracts are maintained, managed and recorded using the contract management functionality within iValua including contract periods and renewals.
*Conduct appropriate supplier due-diligence to identify supply chain risk and provide support and guidance to stakeholders on appropriate supplier evaluation and risk mitigation methods.
*Find and develop partnerships with local and international suppliers that can provide high quality services, in a cost-conscious way (including discount structures and volume rebates).
*Produce regular reports on supplier/contract performance against agreed measures, which both monitor progress and enable effective decision-making.
*Provide high level system support to stakeholders for iValua.
*From time to time any other duties as deemed necessary by the Head of Procurement & Facilities in line with the responsibilities of the department and cover other team members during periods of absence

The successful candidate will have solid financial management and budget preparation experience, have exceptional organisation skills. Strong focus on process and audit as well as excellent written and oral communication skills.

If you are interested in the above role, please apply online via our website