Sourcing Lead (CONTRACT)

Sourcing Lead ( contract)

3 month contract

Inside IR35

hybrid working

My client, a leading financial services provider based near Sheffield are actively looking for a contract Sourcing Lead to join them on an initial three month contract basis. This role will sit in a team of 5 and is a newly created position, following a recent company restructure. You will initially be required to implement a new supplier management system and own and build out the procurement strategy, across the business.

The role

• Supporting 1st line business owners in supplier identification and selection: Conduct thorough research and analysis to evaluate potential suppliers based on financial stability, regulatory requirements, production capacity, reputation, and ability to meet quality standards and delivery deadlines.
• Manage RFI/RFP supplier selection process, ensuring decisions are clearly evidenced and can be audited.
• Vendor Relationship Management: Build and maintain strong, collaborative relationships with suppliers to ensure the success of the procurement process.
• Holistic Supplier Cost Management: Analyse and calculate costs of procurement and suggest methods to decrease expenditure. Implement efficient sourcing and category management strategies.
• Compliance and Risk Management: Support 1st line and operational risk in due diligence and ongoing monitoring of suppliers and relevant KPI's as required.
• Responsible for onboarding of new suppliers and integration into the finance systems
• Collaboration: Work closely with 1st line and all other functions/teams to ensure alignment and smooth processes.
• Reporting and Analysis: Maintain accurate records of sourcing activities and provide regular reports on supplier performance, cost savings, and other key metrics where applicable/requested.
• Collaborating with Finance to input into existing budgets and cost trajectory of contracts.
• Ensuring supply chain meets the business's requirements from a sustainability/ESG perspective and reporting including TCFD (Taskforce for Climate and Financial Disclosure) requirements.

Skills

• Proven experience working to implement a new supplier management system.
• Previous experience gained within sourcing/procurement or similar role within the financial/professional services sector (5 years +)
• Experience in ensuring all relevant standards and best practices (including TCFD requirements) are met in relation to supply chain management.
• Strong project management skills
• Proficiency in procurement software and tools.
• Demonstrable experience/background in both financial analytics/reporting and ability to present to internal and external stakeholders/clients.
• Experienced Procurement/Sourcing professional with ability to leverage wider industry network in order to maintain/promote/implement best practices
• Professional certification in procurement or supply chain management (eg, CIPS, CPSM).
• Experience with ESG integration and sustainability practices in procurement

For more details, please reach out to Mary Pearson on - (see below)

Reasonable Adjustments:

Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients.

If you need any help or adjustments during the recruitment process for any reason, please let us know when you apply or talk to the recruiters directly so we can support you.