• Head of Procurement

    Job Locations UK-London
    Job ID
    2018-2019
    # of Openings
    1
    Business Entity
    Octopus Group
    Category
    Legal & Compliance
    Type
    Permanent Full-Time
  • Overview

    As Octopus has grown, the number of relationships with third parties has grown dramatically. These relationships are spread across numerous sectors and are currently owned by various parts of the business. The role of Procurement is to work with key stakeholders across the business to drive efficiencies, generate savings opportunities and to deliver against our supplier risk management agenda.

     

    The role sits within Octopus Group within our Group Finance structure working across the Group to provide an efficient and effective service to all our Group entities.

    Responsibilities

     

    Essential Job Functions

     

    Procurement & Supplier Management:

    • Create, challenge, enhance and standardize procurement practices across the business to ensure conformity of approach, generate economies of scale and deliver better value for money.
    • Lead, support and manage the tendering process for strategic initiatives.
    • Oversee procurement system and data strategy; Implement new tools to support the function and the wider business.
    • Realize and deliver cost savings, together with a range of additional benefits including improved supplier performance, improved quality of service and total cost of performance.
    • Drive innovation, transformation, and identify efficiency opportunities to achieve savings targets.
    • Work collaboratively with finance on departmental and wider organisational forecasts, where procurement has an impact.
    • Manage the ongoing contractual administration of all Octopus Group’s contracts through the maintenance of Octopus’s contract management system.

    Relationship Management:

    • Build and maintain strong internal and external working relationships to gain buy- in and engagement with key stakeholders across all levels of the organization.
    • Build strategic relationships with key suppliers at a senior level and lead processes to ensure value is driven from these relationships. Maintain relationships with existing suppliers and source new suppliers as and when required.
    • Provide market insights to your stakeholders regarding benchmarking and continuous improvements.

     

    Governance, Due Diligence & Supplier Risk:

    • Maintain and monitor adherence to Octopus Group’s procurement process ensuring adherence across the business to ensure policy compliance.
    • Support business operations to resolve SLA breaches of contract and provide guidance to resolutions.
    • Monitor performance & risks associated with strategic suppliers in conjunction with business users.

    Legal:

    • Working in conjunction with legal on strategic initiatives to draft, negotiate and agree contractual terms with third party suppliers which adequately protect Octopus from a commercial and contractual perspective.
    • Working independently of legal support to draft, negotiate and agree contractual terms with third party suppliers which adequately protect Octopus from a commercial and contractual perspective.

    Qualifications

    Job Specific Experience/Technical Skills/Abilities

    • Proven experience of leading a Procurement function
    • CIPS qualified or equivalent
    • Excellent negotiation skills and the ability to lead key negotiations at a senior level
    • Proven track record of delivering cost efficiencies with third party suppliers  
    • Extensive experience managing complex supplier and organisational relationships
    • A track record of delivering change, preferably within a FS environment, although this is not essential
    • Ability to lead cross functional teams
    • Able to shape projects and secure resources
    • Confidence to manage budgets and undertake financial forecasting
    • Excellent communication, presentational and interpersonal skills
    • Self-motivated and proactive
    • Comfortable with complexity and ambiguity and an appetite to address the toughest commercial challenges
    • Must be curious and seek to instil automated and digital solutions wherever appropriate
    • Must be comfortable in using technology and leveraging digital applications and media platforms

    Our Values

     

    Be helpful

    Random acts of kindness make the workplace a better place so, go out of your way to be helpful, and give people reasons to smile

     

    Be straightforward

    Life is complicated enough. Don’t make it harder for yourself, or for others. Sometimes the simplest approach works wonders.

     

    Be bold

    Every great business started with a flash of inspiration. If you’ve got a great idea, don’t keep it to yourself.

     

    What we offer

     

    Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. This means we welcome discussions around flexible working hours. We also understand the value of diversity, and we have a team dedicated to promoting gender, ethnic, socio-economic, LGBT and disability equality, to make sure we back up our words with actions. All Octopus employees are given the opportunity to develop new skills, aim higher and accelerate their careers.

     

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed