Strategic Procurement Leader

1 month ago

Québec, Quebec, Canada Nuvei Full time

The procurement landscape is rapidly evolving, and businesses require loyal partners to drive growth.

As a seasoned Global Head of Procurement, you will spearhead all global procurement initiatives across the organization, encompassing various business units and regions. Your primary responsibility will be developing and implementing strategic procurement plans, standardizing processes, and fostering leadership within the procurement function.

This role entails ensuring alignment with the company's business model, strategies, and financial goals, prioritizing cost containment, risk mitigation, and process efficiency. You will cultivate strong relationships with internal stakeholders, serving as the subject matter expert in supply market analysis, negotiation strategy, and effective supplier management.

Key Responsibilities:

  • Lead global sourcing and procurement initiatives to empower internal stakeholders and maximize value from third-party supplier partnerships.
  • Establish clear Procurement goals, metrics, and action plans aligned with organizational objectives to drive performance and accountability.
  • Drive enhancements in purchasing processes and systems to boost efficiency, reduce costs, and ensure compliance.
  • Manage supplier relationships proactively, focusing on improvements in cost, risk mitigation, and quality of deliverables.
  • Collaborate closely with the Legal team to ensure comprehensive supply agreements are established and maintained.
  • Promote a structured approach to competitive bidding, supplier selection, and contract approval, ensuring thorough vetting and execution.
  • Facilitate effective contract management, including robust document control and monitoring of supplier agreement expirations, terminations, or renewals.
  • Provide detailed spend analytics to support informed decision-making and fulfill the purchasing needs of internal business units.

Nuvei offers an attractive compensation package, estimated at approximately $120,000 per year, depending on experience and qualifications. The package includes benefits such as Medical, Dental, Vision, LTD, Paid time off, RRSP, and more. Additional perks include frequent training programs on new systems and platforms, free Virtual yoga, meditation, and fitness classes, community involvement, and many social activities.

Requirements:

  • 8-10 years of comprehensive experience in procurement, sourcing, and supplier management, including 2 years in IT.
  • Over five years of leadership experience in directing sourcing and procurement functions, with a proven track record in strategically overseeing third-party acquisitions of goods and services.
  • Proven expertise in establishing and enhancing a comprehensive Procurement function to optimize efficiency and drive cost savings.
  • Expert in developing and executing detailed project plans, ensuring timely delivery of business objectives.
  • Exceptional presentation skills, effectively engaging with executive leadership to communicate strategies and outcomes.
  • Analytical aptitude for understanding key cost drivers and interpreting financial data to provide actionable business recommendations.
  • Bachelor's Degree and/or MBA in Supply Chain Management, Finance, or a related field.

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