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Global Procurement Manager
Contract: Toronto, Ontario, CA span>
Salary Range: 70.00 - 73.00 | Per Hour
Job Code: 364080
End Date: 2025-07-28
Job Status: Expired
This Job is no longer accepting applications
- The Senior Manager, Sourcing, Global Procurement is a pivotal role within Global Procurement team, focusing on strategic sourcing, supplier relationship management, and high-value contract negotiations.
- This role will collaborate closely with the Director and Manager of Sourcing Execution to influence sourcing decisions, drive supplier consolidation, and achieve significant cost savings and avoidance.
- The successful candidate will develop and negotiate complex, high-risk contract strategies that deliver sustainable, cost-effective solutions, enhancing the total value generated from supplier base.
- This 1-year contract position offers the opportunity to work with a prestigious brand in Toronto’s financial hub, with a strong possibility of extension based on business needs.
- The role demands exceptional business acumen, negotiation expertise, and the ability to engage with senior stakeholders to deliver measurable financial outcomes.
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Strategic Sourcing and Supplier Management:
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Partner with senior management to develop negotiation and contract strategies for high-risk, high-value, and strategically critical sourcing initiatives.
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Drive supplier consolidation efforts to optimize supplier base, ensuring cost efficiency and long-term value.
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Lead complex deals with a total contract value of $3 million or more, achieving individual cost savings targets of $5 million and contributing to team targets of $25 million annually.
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Data Analysis and Strategy Development:
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Gather and analyze data to create playbooks and strategies tailored to various business models for services under contract or in consideration.
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Prepare detailed findings and present actionable insights to senior management to support decision-making.
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Contract Negotiation and Management:
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Develop and negotiate complex contract strategies that align with goals for cost-effectiveness and sustainability.
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Ensure compliance with procurement laws and regulations, optimizing contract terms to mitigate risks and enhance value.
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Stakeholder Engagement:
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Build and maintain strong relationships with internal stakeholders, including C-level executives, Legal Counsel, risk, compliance, and business units.
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Act as a trusted advisor, influencing sourcing decisions and fostering a service-oriented approach to partnership building.
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Team Collaboration:
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Work collaboratively within a dynamic, global team of 160 professionals, contributing to a culture of innovation, accountability, and continuous improvement.
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Mentor junior staff, sharing expertise in procurement best practices and contract management.
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Collaborating with the Director and Manager of Sourcing Execution to align on sourcing priorities and strategies.
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Analyzing market data and supplier performance to inform negotiation strategies and contract playbooks.
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Engaging with senior stakeholders to review high-risk or high-value sourcing initiatives and present recommendations.
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Drafting, reviewing, and negotiating complex contracts to ensure favorable terms and compliance with company standards.
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Preparing executive-level reports and presentations to communicate cost savings, avoidance, and strategic outcomes.
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Coordinating with cross-functional teams to ensure seamless execution of sourcing initiatives.
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Experience:
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7–10 years of experience in global procurement, sourcing, and supplier relationship management.
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Proven track record in leading complex deals with a total contract value of $3 million or more.
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Experience achieving significant financial targets, including individual savings of $5 million and team targets of $25 million.
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Strong background in stakeholder engagement, influencing senior management, and building cross-functional partnerships.
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Skills:
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Exceptional negotiation and contract acumen, with expertise in drafting and optimizing complex agreements.
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Strong analytical skills, with the ability to interpret complex data and develop actionable strategies.
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Advanced proficiency in Office Suite (Word, Excel, PowerPoint) for contract creation, pricing analyses, RFx evaluations, and executive presentations.
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In-depth understanding of procurement laws and regulations.
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Excellent communication skills (verbal and written), with the ability to articulate complex concepts clearly to diverse audiences.
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Service-oriented mindset with a focus on building strong, collaborative partnerships.
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Strong supplier management skills, with a focus on driving value and mitigating risks.
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Education:
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Post-secondary degree in Finance, Purchasing, or a related field, or a recognized Procurement Designation.
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Soft Skills:
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Exceptional interpersonal skills, with the ability to engage and influence stakeholders at all levels.
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Strong written communication, capable of interpreting and drafting complex documents.
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Proactive, team-oriented approach, with the ability to manage varying workloads and multitask effectively.
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Familiarity with Ivalua procurement software.
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Experience working in a global, matrixed organization.
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Team player with a willingness to adapt to dynamic workloads and contribute to team success.
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Essential Software:
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Word: For contract creation and review.
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Excel: For pricing analyses and RFx evaluations.
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PowerPoint: For preparing executive reviews and presentations.
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Nice-to-Have:
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Experience with Ivalua for procurement and sourcing workflows.
Job Requirement
- Ivalua
- IT Procurement
- Global Procurement
- Contract Negotiation
- Strategic Sourcing
- Excel
- Word
- PowerPoint
Reach Out to a Recruiter
- Recruiter
- Phone
- Utkarsh Pandey
- utkarsh.pandey@collabera.com
This Job is no longer accepting applications
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