IT Sourcing Manager

6 days ago

Toronto, Ontario, Canada Thomson Reuters Full time

About the Role

In this exciting opportunity, you will play a key role in developing and executing a comprehensive IT sourcing strategy that drives business value and reduces costs. As a seasoned IT sourcing professional, you will be responsible for:

  • Developing category plans and sourcing strategies that align with the company's IT strategy and objectives
  • Delivering high-quality sourcing initiatives that achieve best value within acceptable risk
  • Contributing to the development of the annual pipeline of IT sourcing initiatives, integrating with the financial planning process
  • Drafting, redlining, and negotiating supplier contracts within the company's contracting standards and business objectives
  • Rationalizing the number of IT suppliers and reducing fragmentation in the spend base to simplify the supplier landscape and drive commercial efficiency
  • Representing the company in governance forums with strategic IT suppliers to ensure contractual obligations are met, initiatives are performing against business case, and issues are resolved in a timely manner
  • Building and enhancing relationships with strategic IT suppliers, vendors, and service delivery management teams to deliver high levels of service while maintaining best-in-class commercial terms and conditions

Key Deliverables:

  • Category plans and sourcing strategies developed and approved by all relevant stakeholders
  • Robust business cases developed for every IT sourcing initiative
  • Robust implementation plans developed for every IT sourcing initiative, including approach to deal governance and approval
  • High-quality sourcing collateral developed at each stage of the sourcing lifecycle to facilitate informed decision-making among stakeholders
  • Significantly reduced third-party risks with active risk management implemented for each IT sourcing initiative
  • Significant and sustainable annual reduction in the company's cost base, demonstrated using a robust savings methodology consistently applied and rigorously approved

About You

You're a fit for this role if your background includes:

  • 5+ years of general sourcing experience
  • Significant experience of successful development and negotiation of IT sourcing agreements in excess of $25m value
  • Proven track record of delivering significant and sustainable cost reductions through effective implementation of a coherent IT sourcing strategy
  • Deep understanding of contract terms and contractual language, with proven skills and experience in drafting/redlining contracts
  • Good relationship management and cross-functional leadership skills
  • Experienced sourcing practitioner with understanding of best-practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes
  • Experience of contracting for agile application development services and managed application services
  • Experience of leading negotiations with major global ADM and outsourcing partners, as well as other key technology suppliers
  • Knowledge of the sourcing marketplace and trends in the industry, including the ability to assess the impact of change in the context of the sourcing strategy
  • Expert analytics and ability to develop coherent and high-quality sourcing collateral, including business case, contract summaries, and RFx materials
  • Experience of building strong relationships with senior IT and business executives
  • Bachelor's degree or equivalent experience

What's in it for You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

  • Hybrid Work Model: We've adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected
  • Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing
  • Culture: Globally recognized and award-winning reputation for equality, diversity, and inclusion, flexibility, work-life balance, and more
  • Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking
  • Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social, and Governance (ESG) initiatives for local and global impact
  • Purpose Driven Work: We have a superpower that we've never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world

Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just, and inclusive future? At Thomson Reuters, we've been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting, and compliance professionals combined with the world's most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing, and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

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