Average Procurement Manager salary in London

We’re looking for an experienced Procurement Manager to join us on a 12-month fixed-term contract (Maternity cover), supporting the end-to-end procurement cycle. This role will partner closely with Business Heads, Finance, and IT, while also leading the implementation of a new target operating model and procurement strategy.This is a fantastic opportunity to step into a high-impact role, driving operational excellence and shaping procurement best practice across the business.What you’ll be doingLeading day-to-day procurement operations and ensuring a high standard of delivery and customer service.Managing and developing the procurement operations team, including prioritisation and performance oversight.Implementing a new target operating model and procurement strategy.Overseeing supplier relationships and strengthening third-party management frameworks.Managing contract renewals, reviewing terms, and supporting RFP processes.Resolving operational queries, including invoicing and payment issues, in collaboration with Finance.Monitoring procurement policy adherence and driving continuous improvements.Identifying and delivering cost-saving opportunities, challenging spend where appropriate.Supporting budget management, forecasting, and cost tracking.Maintaining accurate contract documentation and overseeing software asset management.What we’re looking forProven experience in a procurement role within Finance and/or IT.Strong background in budgeting, forecasting, and cost tracking.Experience managing vendors and supplier relationships.Ability to operate both strategically and hands-on in a fast-paced environment.Nice to haveExperience managing and negotiating contracts.Exposure to technology suppliers and software/hardware procurement.Experience benchmarking costs and contracts.Financial services sector experience.CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

Procurement Manager | £54-56k | Professional Membership Body | 20 Month FTC (until Dec 2027) | Hybrid Working (1 day a week in Central London)This Procurement Manager role is an exciting opportunity to join a professional membership body in a newly created position, driving procurement excellence across the organisation. This is a highly strategic and influential role, acting as the technical lead on procurement and working closely with budget holders and senior stakeholders to embed best practice, governance, and long-term value. You will play a key role in shaping procurement strategy, delivering cost improvements, and ensuring fit-for-purpose services across the organisation.Key ResponsibilitiesLead the delivery of procurement objectives aligned to the organisation's cost improvement programme and wider strategic goalsReview, develop, and embed the Procurement Policy, ensuring compliance and continuous improvementManage end-to-end procurement activity, including re-procurement of goods and services and supporting Requests for Proposal (RfP) processesPartner with budget holders and stakeholders to provide expert advice, challenge, and commercially sound solutionsDevelop and maintain a centralised contracts and procurement repository to improve oversight and reportingUndertake commercial reviews of supplier relationships to ensure value for money and contract effectivenessLead on complex and high-value procurements, engaging external expertise where requiredDesign and deliver procurement training, frameworks, and tools to build organisational capabilityPromote sustainable and ethical procurement practices aligned with organisational valuesDevelop and implement long-term procurement planning across the organisationPerson SpecificationCIPS qualified or working towards qualificationStrong experience influencing and challenging senior stakeholders and budget holdersProven track record of delivering cost savings, efficiencies, and value through procurement and contract managementStrong knowledge of procurement legislation, governance, and best practice, ideally within regulated or public sector environmentsHighly organised self-starter with the ability to manage competing priorities independentlyIdeally have some experience in non-profit, membership or trade union environmentThis is a fantastic opportunity to shape and lead procurement within a respected professional body, influencing organisational strategy and delivering tangible impact. Applications are being reviewed on a rolling basis, so early application is encouraged.

We are seeking an experienced an Interim Procurement Manager to support a large, complex public-sector organisation on a 12-month interim basis. This role has a strong commercial and savings focus, alongside responsibility for delivering a portfolio of medium-complexity procurement projects, primarily within ICT and cross-category spend.Client DetailsThis public sector organisation is a well-established and respected entity, contributing significantly to the community. They are committed to excellence in service delivery and operate within a collaborative and structured environment.DescriptionKey responsibilities include: Lead delivery of savings, commercial optimisation and value for money across the procurement pipeline, working closely with Finance to track, validate and report benefits.Identify and realise savings through supplier negotiations, contract optimisation, licence and usage reviews, and other commercial levers.Maintain accurate savings trackers, forecasts and reporting for senior governance and finance forums.Lead end-to-end procurement activity on a portfolio of medium-complexity projects, primarily within ICT and cross-category spend.Manage procurement from strategy and market engagement through to contract award, ensuring compliance with relevant public sector regulations.Support and peer-review category strategies, procurement approaches and contract management plans across the wider function.Work collaboratively with senior stakeholders across procurement, finance and operational teams to deliver timely, commercially sound outcomes.Provide light-touch support to contract management on a small number of live or legacy contracts.ProfileA successful Interim Procurement Manager should have:Strong attention to detail, particularly around financial data, savings validation and reporting.Broad, end-to-end procurement expertise across multiple categories (not limited to ICT).Knowledge of the Procurement Act 2023, particularly in relation to framework creation.Proven ability to lead full procurement lifecycle activity from strategy through to contract award.Excellent stakeholder engagement, influencing and negotiation skills, including working with senior stakeholders.Demonstrable experience delivering and evidencing savings.Job OfferA day rate of £500 per day inside IR35. 12 month contract. Based in London - 1/2 days in the office. Immediate start. Opportunity to contribute to a key public sector organisation.Temporary role offering flexibility and career growth opportunities.Exposure to a professional procurement and supply chain environment.