Procurement Officer
About the job
- A bachelor's degree in Supply Chain Management, Procurement, Business Administration, Commerce, or a related discipline is required.
- Two to four years of relevant experience in procurement, purchasing, or supply chain operations is required.
- Experience in vendor sourcing and evaluation, competitive bidding, and quotation analysis is required.
- Experience processing purchase orders, maintaining procurement documentation, and reporting is required.
- Proficiency in Microsoft Excel and an HRMS or similar procurement system is required.
- Strong price negotiation and cost-control skills are required.
- Ability to build reliable, accountable supplier relationships is required.
- Attention to detail in comparative statements, purchase orders, and records is required.
- Ability to consistently follow procurement policies, standard operating procedures, and approval procedures is required.
- Good written and verbal communication in English and Urdu is required.
- Ability to coordinate effectively with requesters, Accounts, and other departments is required.
- Ability to process requests within agreed service-level agreements is required.
- Identify, evaluate, and maintain approved vendors for IT equipment, office supplies, maintenance, media equipment, and other goods and services.
- Handle vendor communication, negotiations, delivery follow-ups, and invoice queries.
- Document vendor evaluations, the reasons for each vendor selection, and annual rate benchmarking.
- Obtain competitive quotations for approved requisitions and request updated quotations when market prices change.
- Prepare comparative statements, verify pricing accuracy, and ensure quotations cover the same scope and specifications.
- Process requisitions and purchase orders through the HRMS in line with procurement standard operating procedures and policies.
- Maintain complete procurement records for each assigned entity and process them on time in line with operational service-level agreements.
- Coordinate with requesters, Accounts, and relevant departments to support timely delivery and accurate invoice matching.
- Support annual cross-entity vendor-spend reporting for management and Finance.
- A degree or qualification in Supply Chain Management or Procurement is preferred.
About the company
ACE Money Transfer is a UK-based fintech that helps people send money internationally. Users can transfer to over 100 countries via its website or mobile app, funding transfers with debit/credit cards, Google Pay, or Apple Pay, and recipients can receive funds by bank deposit, cash pickup at over 375,000 locations, or mobile wallets. It earns revenue from transfer fees and currency exchange margins and evolved from physical branches and fax workflows to a fully online service after the COVID-19 pandemic, with oversight from the FCA and regulators in Australia and Canada. Its goal is to provide reliable, accessible remittance services with clear fees and multiple payout options that connect migrants to their communities.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Warrington, United Kingdom
Founded
2002
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Simplify's Take
What believers are saying
- Ireland became profitable within six months, proving fast international expansion execution.
- Payfuture partnership in June 2026 expands payout reliability across Africa, Asia, and Middle East.
- PNB partnership and Askari Bank deal deepen Pakistan coverage for core expatriate corridors.
What critics are saying
- Remittance margins stay thin; corridor fee pressure from Wise and Remitly compresses growth.
- Director Tariq Mehmood exited June 22, 2026, signaling possible governance churn.
- Visa dependency on card funding creates platform risk if AFT economics deteriorate.
What makes ACE Money Transfer unique
- FCA, Central Bank of Ireland, KNF, FINTRAC, and AUSTRAC oversight builds trust.
- ACE serves 1.3 million customers across UK, Europe, Australia, and Canada.
- Visa AFT collaboration in July 2026 strengthens card-funded transfer infrastructure.
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Benefits
- Remote Work Options