Head of Procurement - Edinburgh, United Kingdom - Tesco Bank

Tesco Bank

Verified Company

Edinburgh, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

General information:

Job Title
Head of Procurement & Cost Management
Ref #
8101
Location
Edinburgh
Department
Finance Leadership
Business Area
Finance Leadership
Working time
Full-Time
Date Published

Serving our customers, communities, and planet a little better every day
:

Head of Cost Management and Procurement

Permanent

Edinburgh, Flexible working available

Excellent Salary & Benefits

What we'll
offer

Leading the Bank's cost agenda, framing the strategic ambition and targets for costs with stakeholders at Board level through to heads of business.

This is an exciting opportunity to lead teams providing the end-to-end procurement cycle and optimisation of the cost base that supports delivery of the Bank's strategy as well as effective business partnering support to key cost centres across the bank.

What you'll
bring

We don't expect you to tick every box, and if you feel you hit most of the brief, it's worth exploring to further develop your career here with us at Tesco Bank.

Strong commercial acumen and a track record of delivering insight into an organisation's cost base and directing initiatives to reduce the cost base.
Experience of leading Procurement activities and delivering cost savings

Costing and Budgeting

Leadership of cost reporting and planning and forecasting activities across the organisation.
Strong leadership capabilities across diverse teams.
Significant experience in cost and procurement leadership roles.

The Role

Cost Insight
Provide insight to the Bank Executive on the drivers of cost across the Bank, working with business heads to identify potential savings and support delivery of these.
Lead cost reporting and planning activities through the financial cycle.

Procurement

Manage the delivery of the organisation's procurement strategy.

Stakeholder Engagement

Identify and manage stakeholders up to top management level, finding out their needs/issues/concerns and reacting to these by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions.

Leadership and Direction

Identify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organization's mission, vision and values; motivate people to commit to these and to doing extraordinary things to achieve local business goals

Contract Requirements

Identify contract requirements and write specifications for a large portfolio or area of the business for existing contracts and/or new contracts.

Category Management

Manage a major category plan/program in line with the organizations' purchasing/procurement and/or sales strategy ensuring realization of synergies, like cost savings and riskreduction, and/or optimization of the category profit.

Sourcing

Collect and analyse the key cost drivers, market dynamics and issues, areas of innovation, and alternative suppliers for businesscritical risk area(s) with few alternatives / high costs of changing, in consultation with relevant functions to provide solid market information for decision making.

Strategic Planning

Take responsibility for developing and delivering the strategic planning approach for a key part of the organization.

LI-NT1

We value our people and diverse team and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

We encourage colleagues to be productive, focus on meaningful work, and look for ways to further develop themselves & career, and have an excellent work/life balance.

Why Tesco Bank?:

At Tesco Bank everyone is welcome, we value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger in achieving our goals.

It's important to us that we make sure you're supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself.

The people make Tesco Bank, and we take pride in what we achieve together.
We're also a little obsessed with the future. Your future. Our future. That's why we take development seriously; we want to help you thrive and evolve in your career.

Tesco Bank is a place to get on, all colleagues have access to LinkedIn Learning and Abstract, from day one.

All that hard work? Come and see it turned into something real, usable, and important to customers' and colleagues' everyday lives.

At Tesco Bank, our products make things a little better for everyone.

Our purpose:

The Tesco name comes with a dedication to customer service excellence, but Tesco Bank offers something more: a fresh approach to finance.

While it's an innovation, ours is a business built on the next development, the evolution to come. For forward-thinking, technical professionals, that means making a wide-ranging an