Procurement Manager

Our Commitment to DE&I

At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make. We are open-minded and always willing to go the extra mile to ensure all applicants can present their full self and potential.

About Moneybox

Moneybox is the award-winning app that helps you turn your money into something greater. We’ve brought saving, investing, home-buying, and retirement services all together into one simple app, so it’s easier than ever to achieve your goals and build wealth, whatever your starting point.

Job Brief

This is a newly created position driven by Moneybox’s electric growth. The Procurement Manager will be responsible for overseeing the procurement process, ensuring that goods and services are acquired in a cost-effective, timely, and compliant manner. This role requires strong negotiation skills, a strong self starter attitude, and the ability to manage relationships with vendors, suppliers, and internal stakeholders.

What you’ll do

The role operates from within the finance team, but is highly cross-functional in its nature. The role is within the Financial Operations team, but also has direct exposure to VP Finance. Responsible include, but not limited to, the following:

• Develop and implement procurement strategies to meet the company’s objectives and ensure efficient operations
• Manage the end-to-end procurement process, including supplier selection, contract negotiation, purchase order creation, and product/service delivery
• Build and maintain relationships with vendors and suppliers, negotiating favorable terms and ensuring high-quality standards are met
• Collaborate with internal departments (e.g., finance, legal) to align procurement with organisational needs and strategies
• Prepare and manage procurement budgets, ensuring that purchases are made within budgetary constraints
• Oversee the creation and management of procurement contracts alongside our contracts manager, ensuring that all terms and conditions are clearly defined and met
• Analyse procurement data and generate reports to evaluate supplier performance, cost trends, and procurement efficiency.
• Resolve any supplier-related issues, including disputes, quality concerns, and delivery delays, to maintain smooth operations.

Who you are

• Comfortable working alone but also thrives working in a team environment
• A driven, committed person who’s looking to build their career at an exciting fast-growing company
• Strong commercial acumen, with an attention to detail
• Able to drive issues through to resolution
• Excited about being part of a fast-growing company that’s trying to make a positive mark on the world

Experience and Skills

• Proven experience in procurement, purchasing, or supply chain management, with a track record of successful vendor management and cost savings
• Strong negotiation skills and a deep understanding of procurement strategies and best practices
• Excellent analytical skills, with the ability to interpret data and generate actionable insights, with a focus on efficiency in the process
• In-depth knowledge of contract law and supplier/vendor management
• Exceptional communication and interpersonal skills, with the ability to build relationships with both internal and external stakeholders.
• Able to deliver large and complex procurement transformation projects, including; systems, frameworks, procedures, etc

What’s in it for you?

• Opportunity to join a fast-growing, award-winning and super ambitious business.
• Work with a friendly team of highly motivated individuals.
• Be in an environment where you are listened to and can actually have an impact.
• Thriving collaborative and inclusive company culture.
• Competitive remuneration package.
• Company shares
• Company pension scheme
• Hybrid working environment
• Home office furniture allowance
• Personal Annual Learning and Development budget
• Private Medical Insurance
• Health Cash Plan (cashback on visits to the dentist & opticians etc)
• Cycle to work scheme
• Gympass subscription to a variety of gyms and wellbeing apps
• Enhanced parental pay & leave
• 25 days holiday + bank holidays with additional days added with length of service.

Our office is in London, by the Oxo Tower