Senior Indirect Buyer

MoneyGram Haas F1 Team is unique – on and off the track. We don’t follow the status quo and we’ve made a name for ourselves as the team who does things differently. You might’ve seen us on Netflix or know that we’re the only American-owned team on the Formula 1 grid, but we’re also more than that.

We have three HQs – Kannapolis in the US, Banbury in the UK and Maranello in Italy – each staffed by passionate, loyal and hardworking advocates. At Haas, you’ll be involved in many different areas of the team, an assortment of projects and plenty of hands-on experience while collaborating with some of the best minds in the world.

 

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

General Summary:

This position reports to the Indirect Procurement Manager or their designee; and is located in Banbury, UK. The Senior Indirect Buyer is responsible for shaping category strategies, sourcing, and the timely delivery of quality goods and services within budget. Autonomously leading negotiations on pricing, terms, and lead time and proactively ensure best practices are adopted and followed at all times.

 

General Responsibilities:

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

 

Key Responsibilities:

• Responsible for the execution of the indirect equipment strategies.
• Ensure operational targets and key performance indicators are achieved for Indirect products and services, whilst working under tight time constraints.
• Lead contract negotiations with external vendors for indirect products and services.
• Compile agreements with external partners ready for internal submission and review and ensure subsequent adherence to these agreements by both parties.
• Analyze cost, quality, lead time and supply risk to determine parts which can be sourced elsewhere to improve supply.
• High levels of collaboration with relevant departments to ensure sourcing strategies are effective.
• Contribute to the shaping of purchasing guidelines, policies and procedures, continually challenging cost, quality and lead time.
• Sourcing value for money, quality suppliers, and securing commercially appropriate quotations; negotiating pricing and payment terms.  
• 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.
• 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.
• Assumes any responsibilities delegated by the Indirect Procurement Manager or their designee.
• Oversee the ad hoc projects as assigned.
• Follow all safety regulations in all venues.

 

Education and Work Experience:

• 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.
• Proven ability to negotiate terms and conditions independently, with the knowledge of when to seek legal advice.
• Experience of working in an international environment.
• Experience in the motorsports industry would be advantageous, but not essential.

 

Specialized Knowledge and Skills:

• Ability to supervise others, communicate effectively, and liaise with fellow workers to get desired results.
• Capable of working in a team environment to a very high standard and a positive work attitude.
• 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.
• Strong communication skills, written and verbal.
• Work to a consistently high standard in stressful and time sensitive situations.
• Quick decision-making skills whilst working through problems in a scientific and analytical way.
• Work well within a team environment with personnel at all levels.
• A sympathetic approach to your work colleagues and an ability to integrate within a group environment.
• A can-do positive approach and a willingness to help others is essential.

 

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 occasional domestic & 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.

 

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.