Procurement Specialist
Netwealth - See Wealth Differently (ASX:NWL)
Date: 20 hours ago
City: Melbourne, Victoria
Contract type: Full time
About Netwealth
Netwealth is more than a company; it is a catalyst for change, inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology.
Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach, unburdened by bureaucracy, allowing us to adapt quickly to meet the needs of our clients.
At Netwealth, our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our values—Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine—are the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it.
The Opportunity
Netwealth is seeking a dedicated and detail-oriented Procurement Specialist to support our procurement processes, ensuring the efficient and cost-effective acquisition of goods and services while managing supplier risks.
As a Procurement Specialist, you will play a key role in maintaining Netwealth's profitability and operational efficiency. You will coordinate with various teams to meet their procurement needs, liaise with suppliers, negotiate contracts, and manage and report on supplier performance. Your efforts will secure quality products and services at competitive prices and manage the risk profile of our suppliers.
Key responsibilities include:
As an experienced Procurement Specialist you will have excellent negotiation and contract management skills, along with a keen analytical mind and problem-solving abilities. Your ability to work both independently and as part of a team are essential.
Specific skills and experience include;
At Netwealth, people are our core strength, and we invest in our employees no matter what stage of life they are in. When you're at your best, we're at our best!
We prioritise the growth of our employees, and you'll be able to learn and develop yourself and your career at Netwealth. We provide access to further education and diverse training opportunities, and we actively support internal mobility. 32% of our jobs filled in 2023 were from internal candidates.
We have a flexible and adaptable hybrid working policy with the expectation you'll spend 4 days a fortnight coming into our state-of-the-art office. We're located in the heart of Melbourne's CBD and have all the bells and whistles you would expect - including modern end of trip facilities for your commute to work, and breakfast provided daily.
We have a number of benefits that have been designed with a focus on health and well-being, support and growth. Some of these include:
Here at Netwealth, we support and encourage everyone to bring their genuine selves to work (it’s one of our core values), and we’re proud of our inclusive and diverse workforce. We are committed to this through our gender equality, disability, LGBTQIA+, well-being and cultural initiatives. We are proud to be endorsed and certified by Work180, Family Friendly Workplaces and Great Place to Work.
Are you curious about this opportunity but don't meet every single requirement? Research shows that we don't always apply to jobs we are interested in unless we meet every single qualification. If you are excited about this role but don't tick every box, we encourage you to apply anyway! If you require any reasonable adjustments throughout the recruitment process, please let us know by emailing [email protected]
Netwealth is more than a company; it is a catalyst for change, inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology.
Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach, unburdened by bureaucracy, allowing us to adapt quickly to meet the needs of our clients.
At Netwealth, our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our values—Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine—are the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it.
The Opportunity
Netwealth is seeking a dedicated and detail-oriented Procurement Specialist to support our procurement processes, ensuring the efficient and cost-effective acquisition of goods and services while managing supplier risks.
As a Procurement Specialist, you will play a key role in maintaining Netwealth's profitability and operational efficiency. You will coordinate with various teams to meet their procurement needs, liaise with suppliers, negotiate contracts, and manage and report on supplier performance. Your efforts will secure quality products and services at competitive prices and manage the risk profile of our suppliers.
Key responsibilities include:
- Support the Procurement Manager with operational tasks, including internal approvals and contract execution.
- Conduct market research to identify and evaluate potential suppliers.
- Develop and maintain strong supplier relationships, negotiating favourable terms.
- Prepare and manage RFQs, RFPs, and RFIs.
- Evaluate supplier proposals based on quality, cost, and delivery.
- Monitor supplier performance and address any issues related to risk, regulatory compliance, quality, delivery, or contractual obligations.
As an experienced Procurement Specialist you will have excellent negotiation and contract management skills, along with a keen analytical mind and problem-solving abilities. Your ability to work both independently and as part of a team are essential.
Specific skills and experience include;
- Procurement experience, ideally in technology procurement where you have dealt with lots of data, complexities and regulations
- Understanding software licensing, security requirements and operability of platforms across an organisation
- Stakeholder management and the ability to problem solve and work with people to achieve business outcomes
- Analytical Thinking with the ability to analyse data, identify trends, and make data-driven decisions.
- Negotiation Skills and proficiency in negotiating contracts and terms with suppliers
At Netwealth, people are our core strength, and we invest in our employees no matter what stage of life they are in. When you're at your best, we're at our best!
We prioritise the growth of our employees, and you'll be able to learn and develop yourself and your career at Netwealth. We provide access to further education and diverse training opportunities, and we actively support internal mobility. 32% of our jobs filled in 2023 were from internal candidates.
We have a flexible and adaptable hybrid working policy with the expectation you'll spend 4 days a fortnight coming into our state-of-the-art office. We're located in the heart of Melbourne's CBD and have all the bells and whistles you would expect - including modern end of trip facilities for your commute to work, and breakfast provided daily.
We have a number of benefits that have been designed with a focus on health and well-being, support and growth. Some of these include:
- Family-friendly workplace, with parental leave and a kid's holiday programme
- Wellness and lifestyle perks including discounted gym memberships, income protection, flu shots, wellness weeks, shopping and retail discounts, access to financial wellbeing services
- We're a social bunch and love to get together regularly, participating in corporate sporting events, games and trivia nights
- Employee Resource Groups - LGBTQIA, Women of Netwealth, Culture Group, Carers Group
- Support for community involvement through volunteering and our Netwealth Impact Group
Here at Netwealth, we support and encourage everyone to bring their genuine selves to work (it’s one of our core values), and we’re proud of our inclusive and diverse workforce. We are committed to this through our gender equality, disability, LGBTQIA+, well-being and cultural initiatives. We are proud to be endorsed and certified by Work180, Family Friendly Workplaces and Great Place to Work.
Are you curious about this opportunity but don't meet every single requirement? Research shows that we don't always apply to jobs we are interested in unless we meet every single qualification. If you are excited about this role but don't tick every box, we encourage you to apply anyway! If you require any reasonable adjustments throughout the recruitment process, please let us know by emailing [email protected]
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