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Procurement Director

2 months ago

Toronto, Ontario, Canada CAPREIT Full time
Job Title: Managing Director, Procurement

At CAPREIT, we are seeking a seasoned procurement professional to lead our procurement function. The Managing Director, Procurement will be responsible for developing and implementing a strategic procurement plan that aligns with the company's goals and objectives.

Key Responsibilities:
  • Develop and maintain a national procurement strategy to ensure that goods and services are acquired through a competitive, fair, ethical, and transparent process.
  • Set purchasing policy and oversee the entire lifecycle of sourcing & procurement projects, including ensuring that appropriate approvals are applied consistently based on the nature of goods or services required.
  • Oversee corporate Procurement controls and work closely with Insurance, Compliance, and Audit as required.
  • Coach and lead a procurement team of over 35 individuals using best-in-class management standards and a culture of continuous improvement and collaboration.
  • Lead the implementation of supporting software tools such as Capex tracker and Dashboards to manage project milestones and future software initiatives.
  • Identify opportunities and capture significant savings across categories – including, but not limited to, equipment, major capital work, building services agreements, and property services.
  • Develop clear reporting, tracking tools, reports, and analysis to drive data-based decision making and transparency.
  • Maintain knowledge of the market, in addition to current prices and fair rates for goods.
  • Provide strategic national supplier base management including on-boarding, supplier selection, negotiations, and supplier relationship/performance management.
  • Monitor, review, and analyze bids and quotes with suppliers, including the negotiation of service agreements and contracts.
  • Develop, communicate, and administer procurement team performance, succession, and development plans, as appropriate.
  • Serve as the primary contact for procurement-related questions, training, policy, and procedure interpretation and alignment by all departments.
Qualifications:
  • Bachelor's degree in business or a related field.
  • 10 years of multi-residential/construction procurement experience, with at least 3 years of supervisory experience.
  • Results-oriented, metrics-driven leader with expertise in purchasing, supplier collaboration, development, and compliance.
  • Experience with sourcing and procurement and building a vendor program.
  • Solid analytical and computer skills.
  • Approachable and collaborative personality that is supplemented by a positive attitude.
  • Outstanding team building and leadership skills.
  • Experience in managing budgets, planning, forecasting, and process improvement.
  • Strong knowledge of contract language and law.
  • Ability to think strategically and drive changes for clarity and efficiencies.
  • Exceptional interpersonal and executive communication skills, ability to work well in diverse, fast-paced team environments.
  • Excellent communication skills, including the ability to communicate effectively both verbally and in writing through presentations and individual discussions with all levels of the organization.