Procurement Manager

OverviewOnyx Capital Group is seeking a motivated Procurement Manager to assist with value-driven procurement to support our continued growth and operational excellence. Jointly reporting to the Head of Strategic Finance and Head of Tax, this role will be pivotal in sourcing and optimising the value of goods (e.g. office, data & subscriptions, etc.) and services (e.g. consultants, financial products, etc.) used across the firm. The role also offers a unique opportunity to shape the future of procurement strategy and governance across a global organisation. The successful candidate will bring both strategic procurement expertise and a hands-on approach to vendor and contract management, operating effectively within a regulated environment.

Primary responsibilities

Conduct value-for-money reviews on existing subscriptions, contracts and purchases to challenge, maximise value and/or reduce spend where appropriate

Develop and implement a procurement strategy, policies and controls that ensure regulatory compliance, tax efficiency and alignment with group objectives

Own and manage the procurement pipeline, including tracking contract expirations in anticipation of renegotiations, changes in scope/providers and obtaining new quotes

Research and identify the optimal mix of products/suppliers on value, delivery and quality

Lead tenders, evaluate bids and make recommendations based on commercial and value factors

Negotiate and formalise contracts - liaising with suppliers and internal teams (e.g. trading, advisory, support functions, etc.)

Secondary responsibilities

Forecast price trends and their impact on future activities

Build and maintain good relationships with new and existing suppliers

Develop strategies to achieve or exceed cost savings and supplier performance targets

Analyse procurement related data to produce regular reports on savings and spend metrics

Support logistics and tax planning relating to global procurement

Requirements

Proven experience in procurement, ideally within financial services

Strong knowledge of UK procurement regulations, frameworks and procedures

Expertise in tendering, contract negotiation and supplier relationship management

Ability to build cross-functional relationships across all levels within the organisation, including but not limited to the finance, tax and legal functions

Chartered Institute of Procurement & Supply (CIPS) qualified or working towards a recognised procurement accreditation is desirable

Benefits

A competitive base salary and performance-linked bonus structure

Pensions scheme, private medical insurance and life assurance

Opportunity to shape and scale a key function with support from cross-functional teams and exposure to senior leadership

A high-calibre, entrepreneurial team environment where innovation, agility and accountability are valued

This role is fully office-based, 5 days per week.

Seniority levelMid-Senior level

Employment typeFull-time

Job functionOther

IndustriesIT Services and IT Consulting

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