Procurement Specialist
Europe7h ago
Key details
- Location
- Europe
- Work style
- Remote
- Level
- Mid level
- Experience
- 3–6 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 7h ago
Skills
bookkeepingcategory managementcontract managementexcelgoogle sheetsmarket benchmarkingnegotiationprocurement
About the role
Responsibilities
- Manage assigned procurement requests from requirements clarification and supplier sourcing through evaluation, recommendation for approval and contract signing
- Run tenders end to end: agree the requirements with the internal customer, build the longlist and shortlist, collect and compare proposals, and recommend the award
- Break down and challenge vendor estimates – unit prices, quantities, hours, mark-ups and additional costs, where applicable – and document the savings achieved
- Negotiate commercial terms and prepare contracts within the delegation of authority; recommend the vendor choice and escalate anything above own authority level
- Own renewals: track expiry dates, open negotiations ahead of time and prevent automatic renewals on unfavourable terms
- Benchmark the cost of goods and services against the market and maintain a price reference for recurring purchases
- Coordinate requirements and timelines with internal customers to meet agreed business deadlines
- Consolidate spend across the group’s brands and entities to gain volume leverage, and keep the vendor portfolio and contract terms transparent
- Report hard savings and cost avoidance in the format agreed with Finance (like-for-like, confirmed baseline, no double counting)
- Work inside the group’s procure-to-pay process and controls: contracting only after vendor onboarding and KYB are complete; payment execution and accounts-payable bookkeeping sit outside this role
Requirements
- 3+ years of hands-on experience in procurement, including supplier sourcing, commercial negotiations and contract management
- Sourcing of goods and services: understanding what the business buys, segmenting vendors and building a sourcing plan
- Reading and breaking down vendor estimates: the ability to challenge an estimate line by line
- End-to-end tender management: RFI / RFP, evaluation criteria, comparable bid analysis on a like-for-like / total-cost basis
- Commercial negotiation and savings discipline: the difference between hard savings and cost avoidance, and how to build a baseline that Finance will confirm
- Commercial terms of supplier contracts: scope of work, SLA and service KPIs, rate escalation clauses, renewal and termination terms; working with Legal on the paperwork
- Renewals management and market benchmarking of recurring goods and services
- Understanding of procure-to-pay controls: delegation of authority, segregation of duties, vendor KYB and master data as a prerequisite for contracting and payment
- Understanding of IT equipment and technical specifications, with the ability to clarify requirements and compare supplier proposals
- Advanced Excel / Google Sheets for spend analysis and bid comparison
- English B2+
Will be a plus
- Background in fintech, financial brokerage, or global corporate environments
- Track record of spend consolidation across multi-brand or multi-entity organizational structures
- Hands-on practice establishing category management workflows or implementing modern e-sourcing tools
- Practical understanding of vendor onboarding, KYB compliance, and master data maintenance
We offer
- 20 paid vacation days per year
- 10 paid sick leave days per year
- Public holidays according to company policy
- Medical insurance
- Remote work opportunity
- Professional education budget
- Language learning budget
- Wellness budget (gym membership, sports gear, etc.)
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