Operating Partner - Procurement

$500,000 + 100-125% bonus + Carried Interest
Tom De Freitas
E: tomd@metamorphic.co.uk

Overview

A leading global private equity firm is seeking a senior procurement specialist to join its value creation team. This role drives enterprise wide cost optimisation, supplier strategy, and strategic sourcing across a portfolio of complex, multinational businesses. The focus is on unlocking EBITDA expansion through disciplined procurement, stronger commercial negotiation, and smarter category management.

Key Responsibilities

  • Build and execute procurement strategies that deliver sustainable cost reductions and margin improvement
  • Guide portfolio companies through spend diagnostics, maturity assessments, and opportunity sizing
  • Lead high impact sourcing programmes covering direct, indirect, and SG&A categories
  • Partner with management teams to redesign procurement operating models, governance, and capability build
  • Support diligence by assessing procurement performance, value creation potential, and synergy opportunities
  • Pressure test supplier contracts, vendor relationships, and commercial terms
  • Drive harmonisation and consolidation of suppliers across global or multi brand portfolios
  • Coach and mentor CPOs, procurement directors, and sourcing teams within the portfolio
  • Track value realisation and ensure initiatives tie directly to financial outcomes
  • Partner with deal teams during acquisition and exit planning to position value creation stories

Ideal Profile

  • Deep experience leading procurement transformations across large global enterprises
  • Strong background in category strategy, supplier negotiations, and cost reduction programmes
  • Proven track record in indirects, directs, manufacturing, logistics, or technology procurement
  • Experience in private equity or PE backed turnaround environments
  • Skilled at influencing CEOs, CFOs, and operating leaders
  • Strong analytical mindset with ability to build clear business cases and ROI models
  • Adept at combining strategy with implementation, moving between boardroom and operational detail
  • Confident working across multiple industries with varied complexity

Why This Role Is Critical

Procurement is one of the most reliable levers for immediate and sustained EBITDA enhancement. As an Operating Partner, you will shape procurement strategy across a multi billion portfolio, directly influencing investment outcomes and long term value creation.

Compensation

  • Base salary of $500,000
  • Annual bonus at 100 to 125% base
  • Participation in carried interest programme
  • Additional benefits available at the fund level