Financial Times
ProcurementManager
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Procurement Manager at Financial Times. Skills: procurement, sourcing, negotiations, stakeholder management, commercial acumen. Lead end-to-end procurement activity across assigned categories and business areas, including sourcing strategy development, RFP execution, supplier evaluation and commercial negotiations. Partner with stakeholders across Reader Revenue Group (RRG), Commercial Client Group (CCG) and Product & Technology (P&T) to support a diverse range of procurement requirements”
What You'll Achieve.
deliver transparent and effective procurement approach; ensure integrity and fairness in supplier selection; robust commercial negotiations; governance and supplier management practices; drive greater visibility of spend; improved data quality; more informed decision-making; leverage the FT Group’s collective buying power through coordinated sourcing strategies; preferred supplier frameworks; more effective group-wide commercial negotiations; deliver procurement activity across priority business areas; optimise total cost of ownership; deliver sustainable value; ensure alignment with group priorities and procurement best practice; risk mitigation; identify, track and validate savings and value delivery opportunities
Industry & Context.
analytical and commercial acumen, with the ability to interpret spend data and market insights to support decision-making
What They're Looking For.
Must Have
Proven procurement experience across marketing, professional services and/or indirect spend categories, experience sourcing and managing marketing agencies, consultancy providers or related suppliers, Demonstrated ability to manage complex sourcing activities and commercial negotiations, Excellent stakeholder management and business partnering skills, with experience engaging senior stakeholders, analytical and commercial acumen, with the ability to interpret spend data and market insights to support decision-making, Experience handling contract negotiations, supplier management and procurement governance processes, Comfortable working across multiple business areas and managing competing priorities, communication and presentation skills, with the ability to translate complex information into clear recommendations, Experience using procurement systems and sourcing tools such as Coupa or similar platforms, Interest in procurement innovation and emerging technologies, including AI-enabled tools and digital procurement practices
Nice to Have
supporting procurement activity across events-related categories including venues, hotels, AV and production services, Exposure to technology, SaaS or data supplier procurement, Experience working within a matrixed or global organisation, Familiarity with procurement transformation, P2P processes or procurement analytics initiatives
What You'll Do.
Lead end-to-end procurement activity across assigned categories and business areas
including sourcing strategy development
supplier evaluation and commercial negotiations
Partner with stakeholders across Reader Revenue Group (RRG)
Commercial Client Group (CCG) and Product & Technology (P&T) to support a diverse range of procurement requirements
Build trusted relationships with stakeholders up to Director level
influencing decision-making and driving commercially effective outcomes
Develop and execute sourcing strategies that optimise total cost of ownership and deliver sustainable value
Challenge and shape business requirements to ensure alignment with group priorities and procurement best practice
Manage contract lifecycle activity including renewals
renegotiations and risk mitigation initiatives
Apply supplier management frameworks and support governance and supplier performance activities
Collaborate with Finance teams to identify
track and validate savings and value delivery opportunities
Use Coupa to manage sourcing and contracting processes while supporting stakeholders and suppliers in its effective use
Conduct market research and supplier analysis to inform sourcing decisions and negotiation strategies
Support continuous improvement initiatives across procurement processes
governance and reporting
How You'll Work.
Team & Collaboration
Partner with stakeholders across Reader Revenue Group (RRG), Commercial Client Group (CCG) and Product & Technology (P&T); Build trusted relationships with stakeholders up to Director level; Collaborate with Finance teams
Communication Scope
communication and presentation skills; ability to translate complex information into clear recommendations
Process & Methodology
sourcing strategy development, RFP execution, contract lifecycle management
Full Job Description
About us The Financial Times is one of the world’s leading news organisations, globally recognised for its authority, integrity and accuracy, with a mission to deliver quality information and services worldwide. At the FT, curiosity thrives and ambitious thinking is rewarded. Here, you’re given the chance to reach millions, create work that matters and deliver impartial journalism in a polarised world. In our warm, collaborative culture, you’ll connect with a diverse community of experts who support your growth, career aspirations and wellbeing. Your future at the FT will be filled with opportunities that challenge and inspire you. With no fixed path, you’ll discover new skills and forge a career that can take you anywhere. Build a newsworthy career at the FT. Our commitment to diversity, equity and inclusion We believe in the power of unique perspectives and want all voices in our organisation to be heard, respected and valued. A supportive workplace is one where employees feel they can be themselves and operate to their full potential. We are committed to removing barriers for everyone, with a focus on addressing those faced by underrepresented groups. The Team The Procurement function has a group-wide remit and forms part of the Global Finance team. It is responsible for delivering a transparent and effective procurement approach across the FT Group, ensuring integrity and fairness in supplier selection, robust commercial negotiations, and strong governance and supplier management practices. The implementation of the Procure-to-Pay (P2P) lifecycle has created significant opportunities for Procurement to drive greater visibility of spend, improved data quality and more informed decision-making across the business. This role will contribute to the next phase of Procurement’s evolution by helping leverage the FT Group’s collective buying power through coordinated sourcing strategies, preferred supplier frameworks and more effective group-wide commercial negotiations
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