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Customer Job

Sourcing Analyst/Procurement Specialist

Job ID: 24-05488
Job Title: Sourcing Analyst / Procurement Specialist
Location: Toronto, ON M5B 2L7 (Hybrid - 2 days in office weekly)
Duration: 12 months
Contract Type: T4
Pay Rate: CA$40.56/Hour
 
Role Responsibilities:
  • Collaborates with internal and external stakeholders to deliver on business objectives.
  • Prepares preliminary Project Opportunity Strategies/ Deal Summaries
  • Executes work to deliver timely, accurate, and efficient service.
  • Conducts analysis and develops insights and recommendations that are actionable in alignment with project/program goals.
  • Conducts market research and benchmarking activities
  • Gathers and formats data into regular and ad-hoc reports, and dashboards.
  • Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones.
  • Perform spend analysis utilizing Spotfire dashboards as required
  • Prepare Data for customized reports for Middle Office Management
  • Identifies areas of opportunity through analyses of industries and supply markets, cost models for products and services, supplier category spend, and the performance of key suppliers in the market.
  • Incorporates market leading process and practices, to mitigate risk, to drive innovation and to maximize overall value for assigned sourcing categories and portfolios.
  • Prepares project plans and keeps key stakeholders informed of the process and progress.
  • Manage multiple programs/projects simultaneously and resolve conflicting priorities and objectives.
  • Designs and produces regular and ad-hoc reports, and dashboards.
  • Maintains knowledge of leading sourcing practices and promote adoption of sourcing standards.
  • Organizes work information to ensure accuracy and completeness
  • Continuously upgrade knowledge on event and sourcing methodologies with a specific focus on strategic category development.
  • Effectively communicate key messages/recommendations/results to all managerial levels.
  • Provides input into the planning and implementation of operational programs.
  • Focus may be on a business/group.
 
Must Have Skills:
  • Vendor sourcing background
  • Experience with vendor contractors (creating and negotiating)
  • Relevant strategic sourcing, supply chain and/or procurement work experience
  • Knowledge of sourcing/procurement processes, procedures, and controls
  • Knowledge of business analysis, project delivery practices and standards across the project lifecycle
  • Knowledge of sourcing and procurement systems and applications.
  • Able to network and manage vendor relationships
  • Able to prioritize and manage time efficiently
  • Able to lead discussions and excellent communication skills (written, verbal)
  • Excel and spreadsheet analysis
  • Has experience in compiling, synthesizing and drawing insights from a variety of research sources
  • Analytical and problem-solving skills
 
Nice to Have Skills:
  • Marketing background (media, digital, promotions, sponsorships)
  • Competitive vendor sourcing experience
  • Knowledge of relevant risk and regulatory requirements
  • Knowledge of Sourcing in Financial Services or Technology industries
  • Financial Services, Financial or Cost Management experience
  • Technically inclined

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