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Monks is undertaking a period of transformation as it aims to reset its foundations for a sustainable future. The newly formed Procurement Team, responsible for Group related procurement, is playing a key part in this by optimising its third party supplier-base to drive value for our business, and level-up how we manage our spend. Procurement Managers will feed into this in two ways - (1) to significantly optimise and improve its existing supply-base; and (2) support the business by leading supplier sourcing and negotiations.
If you are a quick thinker and a hard negotiator, bringing commercial acumen, analytical skills, and strategic thinking you will drive cost efficiencies within Monks and deliver transparent and reportable value reflected in our bottom line.
You could be driving a regional technology requirement or negotiating multi-million-dollar contracts – the breadth and scope are limitless. So if this sounds like something you could get your teeth into, keep reading!
- Sourcing and vendor management: Source, evaluate, and select vendors, managing the end-to-end process, including running RFPs and tenders.
- Negotiation and contracting: You will be responsible for executing negotiation strategies across high value, high complexity spend, driving costs down and service levels up.
- Collaboration: Instigate and maintain strong relationships with business stakeholders, developing an understanding of the business direction, requirements and priorities and delivering these from a procurement perspective
- Team working: Ability to collaborate effectively every day with colleagues who have vested interest in 3rd party suppliers - Finance, Legal, InfoSec and Budget Holders to identify opportunities to bring additional value, reduce costs and mitigate risk
- Category strategies: Support and develop category strategies, setting a clear contracting and negotiation roadmap across
- Face and voice of Monks Procurement: Guide internal stakeholders on the Procurement process and influence behaviours in accordance to Monks’ global procurement policy
The ideal candidate brings strong procurement / commercial / negotiation expertise, a track record of managing multiple procurement projects in an dynamic environment whilst delivering strong bottom-line impacting results, with the ability to influence in a matrixed and multicultural environment. This position requires agility, tenacity, and strong stakeholder management to succeed in an environment marked by:
- Greenfield procurement environment: Be able to operate to a high level whilst procurement undertakes a transformation to establish itself in 2026 - at pace and be effective
- Decentralised Procurement landscape: Driving change to centralise procurement activities and reap the benefits
- Data limitations: Navigating incomplete or fragmented spend and usage data to support strategic decisions.
- Change management: Challenging the status quo and embedding new ways of working across teams and geographies.
Essentials
- 5+ experience in a Procurement role or similar
- A demonstrable track record in sourcing technology needs in a fast-paced, rapidly growing global business
- The flexibility to work quickly and thinking on your feet - but not cut corners
- Understanding TCO and managing this with business owners and broader stakeholder groups
- A clear understanding of commercial contracts and critical negotiation points including KPIs, SLAs, commercial models, and service credits
- Ability to manipulate, evaluate and draw conclusions from large sets of data and present information in a suitable format to a senior audience to support Procurement recommendations
- Have a clear idea as to what good looks like in this role
At Monks, we believe in fostering an environment where a diversity of perspectives can thrive. We proactively work to design hiring processes that promote equity and inclusion while mitigating bias. We celebrate diversity and are committed to building a team that reflects the communities we serve. We welcome and encourage qualified applicants, from all backgrounds, who are excited to contribute to our mission.
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About Monks
Monks is the global, purely digital, unitary operating brand of S4Capital plc. With a legacy of innovation and specialized expertise, Monks combines an extraordinary range of global marketing and technology services to accelerate business possibilities and redefine how brands and businesses interact with the world. Its integration of systems and workflows delivers unfettered content production, scaled experiences, enterprise-grade technology and data science fueled by AI—managed by the industry’s best and most diverse digital talent—to help the world’s trailblazing companies outmaneuver and outpace their competition.
Monks was named a Contender in The Forrester Wave™: Global Marketing Services. It has remained a constant presence on Adweek’s Fastest Growing lists (2019-23), ranks among Cannes Lions' Top 10 Creative Companies (2022-23) and is the only partner to have been placed in AdExchanger’s Programmatic Power Players list every year (2020-24). In addition to being named Adweek’s first AI Agency of the Year (2023), Monks has been recognized by Business Intelligence in its 2024 Excellence in Artificial Intelligence Awards program in three categories: the Individual category, Organizational Winner in AI Strategic Planning and AI Product for its service Monks.Flow. Monks has also garnered the title of Webby Production Company of the Year (2021-24), won a record number of FWAs and has earned a spot on Newsweek’s Top 100 Global Most Loved Workplaces 2023.
We are an equal-opportunity employer committed to building a respectful and empowering work environment for all people to freely express themselves amongst colleagues who embrace diversity in all respects. Including fresh voices and unique points of view in all aspects of our business not only creates an environment where we can all grow and thrive but also increases our potential to produce work that better represents—and resonates with—the world around us.
S4Capital focuses on building a digital advertising and marketing services business that disrupts traditional models by integrating content, data, and technology to deliver seamless, always-on solutions for a diverse range of clients, including global ...
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Procurement Manager Q&A's