Strategic Sourcing Manager

2 weeks ago

Waterloo, Canada Sun Life Full time

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

The Strategic Sourcing Manager will lead the development of category strategies within the Information Technology spend category (including but not limited to software, hardware, SaaS and hosted solutions, telecom and IT professional services) Including:

- Leadership and focused execution of category management strategies
- Identify, create and manage relationships with key internal stakeholders
- Manage the execution of the strategic sourcing processes
- Negotiate commercial and contract terms with suppliers
- Assist with meeting defined savings and cost reduction targets within the assigned category

**What you will do?**
- Lead and manage the sourcing process for primarily high visibility, high risk, high spend initiatives
- Lead project teams through the sourcing process including but not limited to the design and development of RFXs, engagement strategies and contract negotiations through to contract execution
- Assess, define and resolve procurement issues including contractual terms and conditions and escalations by internal stakeholders and suppliers
- Perform market analysis and spend analysis leveraging all available data sources - accounting, purchasing, payment systems, suppliers, market trends etc. to provide insight into opportunities for savings and efficiencies
- Ensure all related governance processes/policies are adhered to and completed prior to final approval to ensure the acquisition is done in the best interest of the company (legal, technical, financial, regulatory compliance)
- Create strategy documents and present for sourcing opportunities

**What do you need to succeed?**
- Extensive sourcing and category management experience, including experience leading sourcing initiatives and projects, identifying savings opportunities and driving change; contract review and understanding of typical contract terms is a MUST
- 5+ years IT sourcing experience
- Experience in sourcing and contracting for the information technology categories (ie. Hardware, software, telecom, SaaS, IT professional services, etc.)
- Proven sourcing leadership skills and ability to work with internal stakeholders to drive the process
- Expertise in Sourcing strategies (ie. RFX, Price-to-Play, etc.) and the development of negotiation strategies

**Preferred skills**:

- Effective client relationship management skills are critical in this role
- Requires comfort with ambiguity and uncertainty
- Financial Analysis skills, included advanced Excel skills
- Confidence in ability to lead negotiations to conclusion
- Proven ability to work with internal legal counsel and other stakeholders such as security and compliance
- Role will require both independent contribution as well as team involvement
- Demonstrates a drive for results and sense of urgency
- Excellent communicator - both written and oral communication
- Must have experience creating project plans, managing to plans, communicating effectively and engaging necessary stakeholders in projects as required
- Makes good decisions based upon a mixture of analysis, common sense wisdom, experience and good judgment

**Assets**:

- Familiarity with purchasing systems, eProcurement and eSourcing systems
- Familiarity with third party risk for Financial Service Institutions
- Supply chain and/or procurement certification

**What’s in it for you**:

- 20 vacation days per year
- Flexible Benefits from the day you join to meet the needs of you and your family
- Pension, stock and savings programs to help build and enhance your future financial security
- The opportunity to move along a variety of career paths with amazing networking potential
- Great Place to Work® Certified in Canada and the US.
- Named 2021 “Best Places to Work” by Glassdoor
- Canada Award for Excellence for Mental Health at Work - 2021
- Flexible hybrid work model
- Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
- A friendly, collaborative, and inclusive culture

LI-Hybrid

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only

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