Add office photos
Engaged Employer
i
This company page is being actively managed by
Equiniti Team. If you also belong to the team, you
can get access from
here
Equiniti
Compare
All Filters
100 Equiniti Jobs
Category Sourcing Lead - Non IT
Equiniti
posted 1mon ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
Group Procurement is an important and integral function within the wider Finance Team, ensuring the efficient and cost-effective purchasing of goods and services required for EQ to operate.EQ spend c. 200m per annum within excess of 1500 suppliers. The procurement team consists of c.14 FTE located in the UK, USA and India. Business insight, analysing opportunities and risk and formulating strategies to drive performance, are vital components of the function. As too is having appropriate, relevant and succinct process to meet stakeholders demands and expectations, whilst appropriately managing supply chain risk (and regulatory requirements) is a key role of procurement.
Role Summary
Reporting to the Category Strategic Sourcing Manager - Non IT Categories, this role will include ensuring effective procurement support in the management of the Non-IT categories. ( 110m of annual spend across subcategories)
The role will include the development of effective long, medium, and short-term sourcing strategies, the management of tenders, negotiating agreements and awarding contracts. The role holder will be an expert in their category areas, understanding market developments and changes and how these could impact EQ, evolving strategies accordingly to ensure the best outcome for the business. Developing strong working relationships with all members of the Procurement Team and being flexible in approach and tasks required for the betterment of the team and its desired outcomes is a key aspect of this role. Proactiveness, self-drive, determination, and a positive attitude and behaviours are requirement of this role, as is a target orientated individual.
Additionally,the successful candidate will have a central role in transforming EQ s procurement function through the design and implementation of improved procurement processes, systems and performance management. This will result in generating cost savings, improved governance and control and improved supplier performance.
Core Duties/Responsibilities
The successful candidate will be responsible for the following:
Analyzing data or insights to determine industry and trends regarding the product, services and category areas
Contributing to a strategic long-term plan for the development of the category
The development and execution of supplier strategies (short, medium, and long-term), aligned with business and functional objectives and targets.
Generating and issuing tenders, Negotiating agreements and awarding contracts typically worth 50k p.a. or above (or any high-risk contracts).
Developing and maintaining a pipeline (including contract renewals and new initiatives) to forecast commercial changes (savings and increases) for your category over a 0-24month period.
Ensure appropriate steps are taken in onboarding suppliers in line with EQ s polices
Work collaboratively and as one Team with Supplier Relationship Risk Management as part of the Supplier cycle (i.e., comprehensive hand offs for key suppliers to the Team to ensure appropriate and effective ongoing contract and relationship management)
Act as Procurement Business Partner to an allocated area of the business representing all of Procurement s services. Understand the allocated business strategic direction, priorities and resulting procurement needs by being integrated into their business. Ensure these needs are understood by the wider Procurement Team and are addressed by the appropriate individual.
Establish and maintain strong business relationships across the EQ organization, to ensure effective relationships to allow the role holder to effective.
Skills, Knowledge Experience
The successful candidate will demonstrate the following experience, skills and behaviors:
Proactiveness, self-drive, determination, and a positivity
Team player, with the capability to lead and motivate peers across the organisation
A track record of achieving targets and results
Over 9 years experience in procurement
Strong grounding in strategic sourcing processes and practices
Excellent interpersonal skills, with the capability to sell procurement and understand and
win over sceptical stakeholders
Extensive cross-sector industry experience, potentially including financial services background.
Deep and wide understanding of procurement processes and systems, with a record of successful operational implementation of strategic sourcing practices in complex organisations
Strong analytic skills, comfortable using fact-based analysis to support business decision making
Capacity to engage with strategic issues and work alongside stakeholders to develop pragmatic plans of action which are aligned with their business needs
Ideally degree educated with professional procurement qualification (e.g. MCIPS)
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Sourcing Leader roles with real interview advice
People are getting interviews at Equiniti through
People are getting interviews through
(based on 24 Equiniti interviews)
Job Portal
Walkin
Referral
Campus Placement
Company Website
37%
25%
13%
8%
4%
13% candidates got the interview through other sources.
High
Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What people at Equiniti are saying
What Equiniti employees are saying about work life
based on 314 employees
Strict timing
Monday to Friday
No travel
Day Shift
Equiniti Benefits
View more benefits
Compare Equiniti with
Karvy Financial Services
Compare
CAMS
Compare
National Securities Depository
Compare
Central Depository Services (I)
Compare
KFintech
Compare
Link Intime
Compare
Franklin Templeton Investments
Compare
HDFC Securities
Compare
ICICI Securities
Compare
Kotak Securities
Compare
3i Infotech
Compare
Microland
Compare
Newgen Software Technologies
Compare
Tietoevry
Compare
NSE.IT
Compare
Sonata Software
Compare
Happiest Minds Technologies
Compare
T-Systems ICT India
Compare
Test Yantra Software Solutions
Compare
Mastek
Compare
Similar Jobs for you
Technical Writer/ Information Developer
2-6 Yrs
₹ 5.5 - 7.5L/yr
Bangalore / Bengaluru
Share an Interview