Associate, Enterprise Vendor Governance
1 week ago
Company Description
**Make an impact at a global and dynamic investment organization**
When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney.
CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:
- Diverse and inspiring colleagues and approachable leaders
- Stimulating work in a fast-paced, intellectually challenging environment
- Accelerated exposure and responsibility
- Global career development opportunities
- Being motivated every day by CPP Investments’ important social purpose and unshakable principles
- A flexible/hybrid work environment combining in office collaboration and remote working
- A deeply rooted culture of Integrity, Partnership and High Performance
If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.
**Job Description**:
CPP Investments has an opening for an Associate to join the growing Enterprise Vendor Governance and Procurement team. The Associate, Enterprise Vendor Governance and Procurement (“Associate”) will support the department by developing and advancing the monitoring and reporting aspects of the function. Extracting, cleansing, classifying, and analyzing vendor spend data will be an integral responsibility of this role to drive improved efficiency, management of costs, and monitoring controls and compliance.
Collaborating with internal stakeholders across cross-functional teams to identify financial reporting needs and deliver category and vendor spend analysis will be a key responsibility of this role.
The Associate will maintain and publish enterprise-wide vendor reports and will conduct detailed spend analysis to deliver enhanced monitoring and reporting on overall spend trends, and any other material information.
In addition, the Associate will develop relevant reports and facilitate operationalizing departmental processes related to the vendor management lifecycle including sourcing, risk management, contract management, performance management and vendor offboarding.
**Key Responsibilities**:
- Extract analyze and cleanse spend data to support report development and provide visibility into enterprise vendors.
- Develop vendor spend reports and dashboards at the enterprise and department level for business stakeholders and senior management to support informed vendor spend decisions and realize cost efficiencies.
- Establish additional vendor spend reports by service description, GL account, criticality, segmentation, or any other relevant criteria.
- Development and distribution of key reports on a monthly or quarterly basis.
- Investigate and respond to ad-hoc vendor spend requests within a timely manner.
- Consolidate the enterprise spend and fees paid for a subset of Preferred Vendors to feed into the quarterly Relationship Management Report.
- Update and maintain vendor profile attributes in Oracle or other systems where required.
- Collaborate with internal stakeholders to understand reporting needs and translate needs into meaningful reports.
- Assist with developing performance metrics and reporting for Preferred or business critical vendors.
- Assist with developing reports and establishing monitoring mechanisms for departmental processes across the procurement and vendor management lifecycle.
**Qualifications**:
**Education**
- Undergraduate degree in a relevant discipline (Information Systems, Business Administration, or Financial Management).
- Post-secondary certification in business process optimization, spend analysis, spend management, or related discipline is an asset.
**Desired Experience**
- Five (5) years of experience in a public or private sector company or investment management organization.
- Asset to have understanding of category management, sourcing lifecycle, and vendor risk and performance management frameworks.
- Strong knowledge and practical experience with best practices related to spend analysis, spend management, or cost reporting with the ability to analyze and identify value and opportunities.
- Advanced Microsoft Excel skills including building dashboards, using pivot tables, Power Pivots, and creating comple
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