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Strategic Sourcing Advisor
2 months ago
About the Role
We're seeking a highly skilled Procurement Advisor to join our team at Intact Financial Corporation. As a key member of our procurement team, you will play a critical role in shaping our procurement strategy and ensuring the successful execution of our procurement initiatives.
Key Responsibilities
- Employ a risk-based approach to determine the applicable security and legal requirements applicable to each relationship with a Third-Party Vendor and perform assignment of various corporate resources (Procurement, Corporate Legal, Information Security, Risk, etc.) to support Third Party Vendor contracting activities in accordance with established corporate governance.
- Negotiate agreements below the k value.
- Monitor contract lifecycle (perpetual, fixed, auto-renew) in accordance with established corporate governance and appropriate support from cross-functional experts, business partners, and Procurement.
- Evaluate appropriate contractual hierarchy framework, drafting of minor amendments and pre-approved legal templates and contract administration throughout the contract lifecycle.
- Identify and raise contracts and Third-Party Vendor risks while supporting business requirements and improving shareholder value.
- Nurture cross-functional relationships and networks with suppliers, business partners, peers and leaders across multiple functions, divisions and geographic locations.
- Support the implementation of all procurement continuous improvement projects
Requirements
- Bachelor's degree in Business Administration, finance, professional designation such as CPP (an asset), or any combination of equivalent education and experience.
- Understanding of strategic sourcing principles and P2P processes along with the ability to apply this knowledge to execute projects and optimize strategies.
- Strong project management and communication skills.
- Strong Microsoft Excel skills and analytical skills in critical thinking, decision-making, problem solving, and attention to detail.
- Must be able to move quickly with the changing environment and be up to date with the latest contracting practices around privacy and data protection and market trends.
- Must have a personable, effective and confident manner with the ability to influence a diverse group of stakeholders.
- Strategic Thinker – You're not be afraid to challenge the status quo with a balance of assertiveness, tact, business acumen and diplomacy.
- Fast learner – You need to thrive in a customer centric, dynamic, ever-evolving environment.
- In addition to having an intimate knowledge of the contractual framework, you have a broad understanding of use of technology from an operational perspective.
- You have an entrepreneurial spirit that builds credibility and repeat business for Procurement.
- Be a team player.
- Design and business acumen – You understand business requirements beyond the written word and how your technical contributions will influence business processes.
- No Canadian work experience required however must be eligible to work in Canada.
- Bilingualism (French / English) – Need to interact on a regular basis with an English-speaking clientele and colleagues across the country.
What We Offer
As a permanent member of our team, you can expect:
- A financial rewards program that recognizes your success
- An industry leading Employee Share Purchase Plan; we match 50% of net shares purchased
- An extensive flex pension and benefits package, with access to virtual healthcare
- Flexible work arrangements
- Possibility to purchase up to 5 extra days off per year
- An annual wellness account that promotes an active and healthy lifestyle
- Access to tools and resources to support physical and mental health, embracing change and connecting with colleagues
- A dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs
- Inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities
- Inspiring leaders and colleagues who will lift you up and help you grow
- A Community Impact program, because what you care about is a part of what makes you different. And how you contribute to your community should be just as unique.
