Indirect Procurement Specialist

2025 sees MoneyGram Haas F1 Team celebrate its tenth season in the FIA Formula 1 World Championship… we’re just getting started. We don’t follow the status quo, we’re here to challenge the competition, and we want you to join us.

 

The first American Formula 1 team to compete in the sport since 1986, MoneyGram Haas F1 Team made an immediate impression with a memorable points-scoring debut at the 2016 Australian Grand Prix. Nine years later, and the team continues to demonstrate growth and a clear direction with its future objectives – coming off the back of its second-best season to-date in Formula 1.

We’re a racing team – not a corporate machine. We have three HQs – Kannapolis in the US, Banbury in the UK and Maranello in Italy – each powered by passionate, loyal and hardworking team ambassadors. At MoneyGram Haas F1 Team – known within the paddock as the ‘family team’ – you’ll be involved in many different areas of the team, have much wider visibility across the business, and will be able to clearly see your contribution to our team.

 

Yes, you’ll learn from us, but we expect to learn from you too!

 

General Summary:

This position reports to the Indirect Procurement Manager; is located in Banbury, UK. Responsible for sourcing and delivering goods and services to support various operational departments, including IT, Facilities, Marketing, Logistics, and HR. This role requires an experienced procurement professional capable of independently leading negotiations on pricing, terms, and lead-time, while ensuring best practices are consistently followed.

 

General Responsibilities:

• Promote teamwork and effective communications to develop trustworthy relationships between all personnel and departments.
• Manage the procurement of indirect goods and services to support team operations, ensuring delivery, cost, and quality targets are met.
• Lead the negotiation of commercial terms and conditions for products and services.
• Operate within budgets and achieve agreed procurement cost saving targets.
• Follow all safety regulations in all venues.
• Other duties as assigned by Indirect Procurement Manager or their designee.

 

Key Responsibilities:

• Execute strategies for indirect equipment procurement.
• Achieve operational targets and key performance indicators for indirect products and services under tight time constraints.
• Lead contract negotiations with external vendors for indirect products and services.
• Compile agreements with external partners for internal review and ensure adherence by both parties.
• Analyze cost, quality, lead time and supply risk to identify opportunities for improve supply.
• Collaborate with relevant departments to ensure effective sourcing strategies.
• Contribute to the development of purchasing guidelines, policies, and procedures, challenging cost, quality, and lead time.
• Sourcing value for money, quality suppliers, and securing commercially appropriate quotations; negotiating pricing and payment terms.  
• Processing requisitions and raising purchase orders and updating the wider team on the status of orders.
• Experience to foresee potential quality and delivery risks, with the knowledge to implement corrective actions.
• Building effective and beneficial relationships with suppliers
• Responsible for the operational execution of all elements in the procure to pay cycle.
• Confidence to feedback any changes which could reduce the cost and/or improve the quality of supply without negatively effecting the function of the good or service.

 

Education and Work Experience:  

• Proven ability to negotiate terms and conditions independently, with the knowledge of when to seek legal advice.
• Bachelor’s degree or other professional qualification; and/or significant experience in complex and fast paced Procurement environments.
• Successful track record of negotiations, developing effective tendering and contracting processes, requiring knowledge of complex stakeholders and market conditions.
• Experience of working in an international environment.
• Experience in the motorsports industry would be advantageous, but not essential. 

 

Specialized Knowledge and Skills:  

• Able to strategically manage a category or categories whilst being able to deliver tactical solutions.
• Strong commercial and financial acumen with a natural ability to recognize effective deals.
• Ability to interact, engage, and influence key internal stakeholders to ensure the best business outcomes; whilst building credibility across all departments at all levels.
• Work to a consistently high standard in time sensitive situations.
• Quick decision-making skills whilst working through problems in a scientific and analytical way.
• A sympathetic approach to your work colleagues and an ability to integrate within a group environment.

 

Equipment and Applications: 

• Proficient with industry standard ERP Systems.
• Proficient in software applications such as Power BI, Microsoft Office, Teams, SharePoint.

 

Work Environment Physical Demands:

An ability to work and prioritize within a high pressure, time sensitive environment while retaining a methodical approach is essential. The role may require some occasional domestic and international travel and a willingness to work long and flexible hours including weekends.

 

This position may require lifting to 50 pounds, repeated bending, squatting and manual dexterity. Fast- paced work environment requiring heavy mental demands. Work environment includes machinery, race cars, 7-post and other rigs, grinding debris, and hazardous fluids. All employees must ensure compliance with the Company Health and Safety Policy, and all relevant other statutory Health and Safety legislation.

 

Core Company Values:

Integrity: Uphold the highest standards of integrity in all actions.

Innovation: Embrace and drive change through innovative solutions.

Excellence: Strive for excellence in every aspect of work.

Collaboration: Foster a collaborative environment to achieve collective goals.

Customer Focus: Prioritize the needs and satisfaction of customers and partners.

Sustainability: Commit to sustainable practices and social responsibility

 

This job description may not detail some less major duties, nor cover duties of a similar nature, which may from time to time be reasonably required by the relevant manager.

 

At MoneyGram Haas F1 Team, we consider our employees our greatest asset. We strive to create a supportive and inclusive work environment where everyone can thrive and grow. We value diversity and encourage our employees to bring their unique perspectives and experiences to the conversation. Diversity, Equality, and Inclusion are fundamental to who we are as a company and a collective of colleagues. Our commitment to these ethics is steadfast and this promise travels with us wherever we are in the world.

We look after our team with multiple rewards packages, competitive bonuses and year-round health and wellbeing programs, providing you with the tools to motivate and perform at your best. 

If you’re passionate about competition, technology and teamwork, then working at MoneyGram Haas F1 Team could be the perfect fit for you. Motorsport is a dynamic and exciting industry that offers a wide range of opportunities for those who are willing to put in the hard work and dedication required to succeed. Working at MoneyGram Haas F1 Team is a highly rewarding experience, as you become a crucial member of a team that is constantly pushing the boundaries of what’s possible and striving for excellence in everything we do.

Join our team and make your passion your profession.

 

Notice

Due to the nature of the organisation, all employees of MoneyGram Haas F1 Team are required to be security cleared to National Security Vetting standards. If successful in your application, we would support you with the NSV process. As a guideline only, you would normally need to have been a UK resident for the last 5 consecutive years.  Further confirmation can be found on the Civil Aviation Authority  National Security Vetting (NSV) website https://www.caa.co.uk/Commercial-industry/Security/Vetting/National-security-vetting/

If you have not been a UK resident for the last 5 consecutive years, please be prepared to request an Overseas Criminal Records Check for these countries as you will be asked to provide this for referencing and security checks if you are successful.