Junior Procurement Specialist

About Moneybox:

At Moneybox, we're on a mission to help people build a better financial future. We're a fast-paced, innovative fintech company that's rapidly growing, and we believe in empowering our employees to make a real impact. Our Procurement function was newly established at the beginning of 2025, and this is an exciting opportunity to be a foundational member of a team that will evolve significantly over time.

The Opportunity:

We are looking for a highly motivated and analytical Junior Procurement Analyst to join our growing team. This is a foundational role where you will become the engine of our daily operations. You don't need to be a procurement expert yet; we are looking for a "data wizard" who is exceptionally proficient in Excel and eager to learn the rest by working side-by-side with the Procurement Manager.

What you'll do

• What You'll do
Data Ownership & Tool Management

• Act as the primary administrator for our procurement tool, ensuring it is optimised and used effectively.
• Own the accuracy of all procurement data, ensuring our records are clean, up-to-date, and reliable.
• Utilise advanced Excel skills to produce procurement metrics and monthly reports that provide insight into company spend.
• Interact regularly with the Accounts Payable (AP) team to reconcile data and ensure the absolute accuracy of spend reporting. Work closely with FP&A on budgeting and forecasting related to procurement activities.
• Collaborate with Legal, DPO, InfoSec, and Risk teams to ensure compliance and mitigate risks in all procurement activities.
• Train and educate internal teams on procurement policies, processes, and best practices.
Supplier Lifecycle & Compliance

• Lead the end-to-end due diligence process for all suppliers, ensuring we meet our high standards for risk and compliance.
• Facilitate the smooth onboarding of new vendors and help manage the renewal process for existing ones.
• Act as a helpful point of contact for internal teams, assisting them with their procurement requests and tool usage.
Strategic Learning

• Learn how to run competitive tenders by supporting the Procurement Manager on Request for Proposals (RFPs).
• Learn how to identify key terms and potential risks in supplier contracts under guidance.

Experience and skills

• You must be highly proficient in Excel (VLOOKUPs, Pivot Tables, and complex data manipulation).
• You have a "keen eye" for spotting data errors and a drive to fix them.
• You have a strong curiosity to learn from others and are comfortable asking questions to ensure tasks are done right.
• Clear and concise communication skills for interacting with stakeholders across Finance, Legal, and InfoSec.
• Ideally, 6 months to 1 year in an analytical or data-heavy administrative role.

Our Commitment to DE&I: At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make.

We are open-minded and always willing to go the extra mile to ensure all applicants can present their full self and potential

Working Policy: We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote candidates must be based within the UK.

Visa Sponsorship: At this time we cannot offer visa sponsorship for this role and we cannot consider overseas applications.

Please read before you apply!

Please note if offered a position, the offer is conditional and subject to the receipt of satisfactory pre-employment checks which we will conduct such as criminal record and adverse credit history checks. As a regulated financial business, an adverse financial history could impact your suitability for the role. If you are aware of anything that could affect your suitability for the role, please let us know in advance.

By sending us your application you acknowledge and agree to Moneybox using your personal data as described below. We collect applicants' personal data to manage our recruitment related activities. Consequently, we may use your personal data to evaluate your application, to select and shortlist applicants, to set up and conduct interviews and tests, to evaluate and assess the results, and as is otherwise needed in the recruitment process generally. We do not share your personal data with unauthorised third parties. However, we may, if necessary, share your personal data to carefully selected third parties acting on our behalf. This may include transfers to servers and databases outside the country where you provided us with your personal data. Such transfers may include for example transfers and/or disclosures outside the European Economic Area and in the United States of America.

If you are unsuccessful in your application, we may keep your details on file so that we can tell you about other suitable vacancies which may be of interest to you when they arise in the future. If you would like to reach us then please email: [email protected]. If you would rather we did not keep your details on file, you can contact us at: [email protected]