Analyst, Procurement and Vendor Management
2 weeks ago
Career Opportunity
Role Title
Analyst, Procurement and Vendor Management
Purpose of role
The Analyst, Procurement and Vendor Management reports to Senior Manager, Procurement and Vendor Management and supports sourcing and non-sourcing functions including sourcing activities (i.e. RFx), transactional purchasing, vendor relationship and third-party risk management. The role will operate in a consultative manner to facilitate procurement and vendor management processes and further develop strategic partnerships with supported business units.
Job Description
Key Responsibilities
- Support Senior Manager, Procurement and Vendor Management with sourcing activities (i.e., RFx) from intake to execution, including:
- Sourcing activity determination (proactive approach vs. reactive)
- RFx development
- RFx distribution and meeting arrangements with vendors and required stakeholders
- Proposal reviews and scorecard evaluation
- Support IT service management with licensing requests for standalone and subscription software; and business units with purchase orders of goods and services
- Participate in contract and software negotiations with new and existing vendors for contract and software renewals in partnership with Senior Manager
- Support third-party risk management in a consultative capacity by ensuring new procurement requests are guided through the process while confirming appropriate steps (i.e. risk assessments, due-diligence) are completed prior to contract sign-off
- Support all aspects of the vendor relationship with a variety of vendors (i.e., contractual adherence, SLA management, renewals, some operational issues and issue escalation)
- Participate and coordinate vendor governance and spend analysis reporting
- Support corporate travel program, including inquiries from employes and relationship with travel management service provider
- Provide ad-hoc support on process improvement initiatives and audits
- Identify areas of opportunity for cost savings
Key Qualifications
- Education (Minimum Required): University or College
- Experience (Minimum Required): 0-5 years of relevant experience
- Qualifications, Certifications or Designations (Minimum Required): Post-secondary education. Preferred: Supply chain or purchasing certifications are an asset
- Proficiency in MS Office
- Functional knowledge of procurement practices and requirements
- Strong interpersonal and communications skills to be able to interact with all levels of staff and management
- Ability to meet tight deadlines in fast-paced dynamic environment while maintaining a keen attention to detail
- Proactive and highly motivated individual who will take the initiative to get things done
- Collaborative team player with superior influencing, communication and negotiation skills, who builds relationships easily across various cross functional groups to move initiatives forward
- Strong ability to work independently and as part of a team
- Ability to provide efficient, timely, reliable and courteous service to business stakeholders
LI-Hybrid
Equal Opportunity Employment and Inclusion - _at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves._
- in advance of your appointment._
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