Procurement Contract Specialist

2 months ago

Toronto, Ontario, Canada CPP Investments Full time
Procurement Contract Analyst

At CPP Investments, we're seeking a skilled Procurement Contract Analyst to join our Technology and Operations, Source-to-Pay team. As a key member of our contracting lifecycle process, you'll support the end-to-end contracting lifecycle and collaborate with our Legal team to ensure regulatory and legal contractual terms are drafted appropriately.

Key Responsibilities:
  • Manage data quality and validate the intake form within our contract management system to ensure accuracy.
  • Support Contract Owners in contract creation and review by utilizing intake forms, directives, playbooks, and other guidance provided by the Legal team.
  • Collaborate with Category Managers to ensure alignment with the category strategy and approach.
  • Work with the Legal team to ensure regulatory and legal contractual terms are drafted appropriately based on the engagement type.
  • Liaise with third-party risk management counterparts to incorporate risk considerations into the agreement based on the due diligence outcome.
  • Support and follow up on authorizations and approvals for contracts with CPP Investments signatories and vendors.
  • Facilitate vendor negotiation discussions and support Contract Owners in releasing contract renewals or amendments.
  • Maintain contract records and manage contract versions to ensure accuracy and ease of retrieval.
  • Proactively track pipeline for upcoming contract expiry and follow up with Contract Owners to take necessary action.
  • Handle day-to-day activities throughout the end-to-end contract lifecycle processes in collaboration with Contract Owners and in line with CPP Investments' policies and procedures.
  • Support Contract Owners to ensure adherence to the agreement terms by both parties, as required.
  • Assist Contract Owners in completing the contract closeout activities at the end of vendor engagements.
  • Perform analysis and develop reporting to help identify opportunities for improvement and efficiency and to support decision making.
Qualifications:
  • University degree or diploma education, preferably in business administration or paralegal courses.
  • Minimum 3 years of work experience in contract management profile.

We're looking for a detail-oriented individual with strong analytical and problem-solving skills to scrutinize contract terms, identify potential risks, inconsistencies, and suggest solutions for issue/dispute resolution and risk mitigation. If you have a strong proficiency in contract management software and Microsoft Office Suite, and are able to prioritize tasks and support multiple engagements across various business teams with minimal oversight, we'd love to hear from you.

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