Head of Procurement

Job Title: Head of Procurement      

Contract Type: Permanent, full-time

Location: London, St Pauls               

Work Pattern: 3days in the office, 2 days working from home

Department: Corporate Business Services - IT             

What the Hiring Manager says….

ICG is seeking an experienced Head of Procurement to join our Corporate Technology Services and Estates team. Reporting into the Head of Corporate Technology Services you will be responsible for procurement at a global level, helping ICG to mature our processes in our quest to control expenditure provide best in class services through innovation and continuous improvement.

This is a great opportunity to join a fantastic team operating in a fast-paced working environment. This role offers the right candidate the opportunity to shape ICG’s procurement strategy from the ground up, supporting ICG to scale.

Summary of our opportunity

ICG is seeking a results driven and strategic thinking Head of Procurement, experienced in developing and implementing procurement strategies, managing supplier relationships, and optimizing supply chain operations. Proven track record of achieving cost savings, enhancing operational efficiency, and driving innovation. Adept at leading cross-functional teams and ensuring compliance with regulatory and ethical standards. The London-based Head of Procurement will foster close working and collaboration with senior leadership and budget owners to effectively manage cost, risk, efficiency and strategic alignment.

ICG is a private equity investment firm with US$100bn of assets under management (AUM). We provide capital to help businesses develop and grow. We have a unique business model that focuses on creating sustainable value by partnering with ambitious businesses and developing long-term resilient relationships with our partners to deliver value for clients, shareholders, and employees. We use our position of influence to positively impact the environment and society.

ICG’s entrepreneurial culture, breadth of investment strategies, and well-capitalized platform enable us to sustain business activity throughout economic cycles. We have a global marketing team and a local presence with a global network of outstanding professionals.

ICG’s business model is designed to deliver long-term stakeholder and societal value. We operate with purpose and drive outstanding performance. We offer a range of investment strategies and financing solutions that are flexible and sustainable.

Primary responsibilities for this role include (but are not limited to):

As the Head of Procurement you will be responsible for overseeing the entire procurement process, ensuring the efficient acquisition of goods and services. Key responsibilities include developing and implementing procurement strategies to optimize cost savings, supplier performance and user experience. The Head of Procurement will be responsible for negotiating contracts and agreements with suppliers, and managing supplier relationships to ensure quality and timely delivery throughout entire lifecycle. You will collaborate with other departments to align procurement activities with organisational goals, driving continuous improvement initiatives within the supply chain.

• Lead the procurement function providing oversight on a combined annual budget of c£50 million (Technology, Real Estate, Project and Travel)

• Develop and implement a procurement strategy, balancing cost efficiencies and user experience

• Negotiate contracts with key suppliers

• Develop and maintain policies

• Conduct supplier performance reviews, developing service improvement plans to enhance quality and delivery

• Collaborate with cross-functional teams to align procurement activities with organizational objectives

• Implement strategic sourcing initiatives

• Develop and maintain strong relationships with ICG’s suppliers, with a view on supply chain optimisation, ensuring timely delivery and high-quality services

• Conduct market analysis to identify new sourcing opportunities and mitigate risks

• Identify and implement self-service procurement opportunities whilst maintain compliance with policies and procedures

• Develop and maintain expenditure reporting for – Technology, Real Estate, Travel and transformation (project spend)

Key Requirements/ Qualifications

You will have demonstrable experience of: 

Essential

• Strong negotiation skills    

• Excellent written and verbal communication

• Organised, with ability to juggle multiple projects & tasks

• Knowledge of ERP systems (e,g. Workday, NetSuite)

• Strong attention to detail

• Good interpersonal skills

• Ability to interact/influence at all levels

• Ability to maintain confidentiality of company information      

Desirable

• A bachelor’s degree in supply chain management, business administration, or a related field.

• Certified International Procurement Professional (CIPP)

• Certified Professional in Supply Management (CPSM)

• Certified Supply Chain Professional (CSCP)

Personal Attributes

Personal attributes that will make you successful in this role include but are not limited to: 

Essential

• Strategic thinker

• Confident leader

• Great communicator

• Analytical

• Resourceful and self-sufficient – problem solver         

Desirable

• Proficiency with office applications, and aptitude for learning new software and systems

Our Global Benefits Framework is centred around these 3 key attributes:

• Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.

• Inclusivity – Fit for purpose and competitive, no matter who or where you are.

• Longevity – Long Term and sustainable in design.

ICG will provide equal employment opportunity to all employees and applicants for employment. No employee will be discriminated against in hiring or employment because of race, colour, sex, age, disability, religion, national origin, marital status, sexual orientation, gender identity and/or expression, ancestry, military status, genetic information, or any other basis protected by applicable federal, state or local law.