Executive Network Group are currently seeking an Interim Contracts & Procurement Specilalist to join our client on an interim basis for a couple of months.
This role is based on site 5 days per week.
This role involves managing the procurement process, negotiating contracts, and ensuring compliance with company policies and relevant regulations. The specialist will work closely with internal stakeholders and suppliers to optimise costs, enhance supplier relationships, and support the overall strategic goals of the department.
Key relationships
- Finance, Information Systems and Supply Chain teams
- Legal department
- Compliance and Risk Management teams
- End-users and other internal stakeholders
- Suppliers/vendors and other third-party stakeholders
Responsibilities include:
- Contract management
- Draft, review, and negotiate contracts and agreements with suppliers.
- Ensure all contracts comply with company policies and legal requirements.
- Maintain accurate records of all contracts and manage renewals and terminations.
- Procurement process
- Oversee the end-to-end procurement process, from requisition to payment.
- Develop and implement procurement strategies to achieve cost savings and efficiency.
- Conduct market research to identify potential suppliers and evaluate their capabilities.
- Supplier management
- Establish and maintain strong relationships with key suppliers.
- Monitor supplier performance and address any issues or disputes.
- Conduct supplier audits and assessments to ensure compliance with company standards.
- Stakeholder collaboration
- Work closely with internal stakeholders to understand their procurement needs and provide appropriate support.
- Coordinate with legal, finance, and other relevant departments to ensure smooth procurement operations.
- Provide training and guidance on procurement policies and procedures to internal teams.
- Compliance and risk management
- Ensure all procurement activities adhere to ethical standards and regulatory requirements.
- Identify and mitigate procurement-related risks.
- Stay updated on industry trends and changes in regulations affecting procurement.
- Reporting and analysis
- Prepare and present regular reports on procurement activities, savings, and supplier performance.
- Analyse procurement data to identify opportunities for improvement and cost optimisation.
- Contribute to the development of procurement metrics and KPIs.
Education and experience
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field, preferably with a focus on procurement.
- 5 years' experience in procurement and contract administration, preferably within the UK
- Experience with a variety of service contracts and compliance (e.g., Know Your Counterparty (KYC), Third Party Due Diligence (TPDD)).
- Proficiency with procurement software and systems (e.g., SAP, Coupa, DocuSign).