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Procurement Intern (3 months)

🏢 Financial Times 📍 London, England 💼 Subsidiary or Business Segment
Currency:
£42,000 - £65,000
£3,500 - £5,417 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Ad closing date: Tuesday 13th June

About Us

The FT has an uncompromising mission: delivering independent, quality information, news and services to individuals and companies around the globe. It's the cornerstone of our reputation and the heart of our ambitions for the future. But for our people, the FT offers so much more than what we do. FT people come from all kinds of backgrounds and work across a huge range of disciplines and locations, and find an empowering, warm and welcoming culture that values curiosity and rewards smart, ambitious thinking. Those who are willing to unite around our mission and live our values will find plenty to challenge, inspire and interest them. Like the audiences we serve, no two FT people are the same; but together we help our audience be better informed and understand the world around them. It's a job that's never mattered more, and a career that can take you anywhere you want to go.


Our commitment to diversity and inclusion in the workplace

At the FT, we aim for employees across all regions to have a voice so that diverse perspectives are heard and valued. We believe that a supportive workplace is one where employees feel they can be themselves at work and have the flexibility they need to meet their personal needs. We'll continue to remove barriers for all, and in particular barriers facing employees from underrepresented groups.


The Role / Position Overview

The Procurement function has a global remit and is part of the Global Finance team; it has responsibility for providing a clear and transparent approach to procurement processes, whilst ensuring integrity and fairness, clear responsibility for Supplier selection, negotiation, contract & performance management.

The FT has recently implemented a new Procurement system; Coupa. This brings a wealth of new opportunities for the Procurement team from increased and upfront visibility of spend across the whole FT group, through to engagement with new business areas and providing the team with industry leading tools and data to drive performance and decision making.

The team are looking for a Summer Intern to join the team from the end of June until September.


Key Responsibilities

Role will include a specific project to be delivered as part of the summer internship programme as well as providing day to day support for the Procurement team such as supporting procurement projects for specific business areas, obtaining renewal quotes from suppliers as well as spend & data analysis. The role will also support the review of training materials and procurement team standard documentation as well as helping as needed as we plan for the further roll out of Coupa.


Required Skills / Experience / Profile

  • An interest in Procurement

  • Ideally a Finance or Business related degree

  • Must be available to work from the end of June until September 2023. We adopt a hybrid model where you will be expected to come to the office 1-2 times a week.


What's in it for you? Our Benefits

Our benefits vary depending on location, but we are committed to providing best in class perks across all our offices as well as an inclusive environment to develop your career. Examples of our benefits include; generous annual leave allowances, flexible working (including working from home), medical cover, enhanced maternity & paternity packages, subsidised gym memberships and Giving Back opportunities. Full details of our benefits can be found here.


Further Information

The FT is committed to providing an inclusive working environment for all. We are an equal opportunities employer who seeks to recruit and appoint the best talent regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. We also promote flexible working and will consider specific requests around flexibility for all roles where it can be accommodated. Please let us know if you require any adjustments as part of the application process or to enable you to attend an interview. If you would like to discuss your requirements, or have any questions, talent@ft.com and a member of our team will be happy to help.

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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Financial Times

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Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Subsidiary or Business Segment
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