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Head of Procurement

Peoples Trust
Toronto, Ontario, CAN
$200K-$275K a year
Full-time

Job Details

Description

Peoples Group is a boutique financial institution with offices located in Vancouver, Calgary, Toronto, and Montreal that has been in the Canadian marketplace for over 35 years.

Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge and experience.

Our culture here at Peoples Group is formed by our values : Trustworthy, Creative, Willing. We believe people don't choose a company to work for, they choose a company to join.

We prioritize risk-based practices and procedures in order to remain risk intelligent and compliant. We value people, building relationships, and focusing on strengths;

we execute with passion.

About the work environment :

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home.

Typically, you'll be working regular business hours, Monday to Friday between 8 : 00am and 4 : 30pm with flexibility around start / end times.

We are hiring for this position out of our Toronto, Vancouver, Montreal and Calgary offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.

About you :

You’re a world class procurement leader looking for your next opportunity to develop a procurement function in a growing organization.

You are a procurement architect with business acumen. You are seeking to harness your experiences in professional and financial services and add value.

As a people leader at Peoples Group, you are strength-based, engagement-focused and performance-oriented. People leaders understand themselves, their people, their subject matter, their outcomes and how their team's work contributes to the overall success of the organization.

About the qualifications :

  • Bachelor’s Degree in relevant field; master’s degree preferred
  • Certification from a recognized association focused on procurement
  • 15+ years' experience in procurement; with at least 5 years leading a team
  • Skilled in establishing and maintaining relationships with key stakeholders, including suppliers, vendors, customers and colleagues
  • Strong analytical skills with the ability to visualize, articulate and solve complex problems and concepts
  • Demonstrated experience developing strategies across multiple categories including technology, marketing and logistics spend

About the day-to-day :

  • Develop a companywide procurement program, purchasing, contracts, negotiations & vendor selection processes, including frameworks for vendor evaluation, engagement and RFP ownership.
  • Understand market trends and identify proper supplier expertise required to deliver plans
  • Conduct capital spend analysis, identify and prioritize strategic sourcing, cost-reduction opportunities and execute corresponding RFx's and supplier negotiations as necessary
  • Categorize spend, measuring against quality, service, risk and cost
  • Build and implement frameworks for procurement
  • Perform supplier performance and SLA measurement
  • Negotiate to establish, measure, enforce contractual terms that protect the company from supplier failure to perform
  • Develop, direct, and manage overall cost reduction targets and category-level long-term strategic plans tied to business and company goals, including contracted savings
  • Establish cross-functional internal procurement organization process and develop internal partnerships with cross-functional teams, including Finance, Technology, Marketing, Risk, Business Development, Legal, Compliance etc.
  • Implement and / or leverage existing / upcoming enterprise systems to establish automated procurement requests, invoicing, and payment processes
  • Establish enterprise reporting standards on procurement volume by unit, spend and category / types
  • Evaluate and improve procurement processes, procedures and governance, ensuring continuous improvement and cost savings
  • Build a team of procurement experts to handle and execute all company purchasing decisions
  • Implement a procurement technology stack that provides contractual visibility on 3rd party contracts

Compensation :

Peoples Group is pleased to offer employees a competitive annual salary plus a discretionary profit share opportunity. Salary for this position will vary between $200,000 and $275,000 per year depending on the knowledge, skills, abilities and experience that the chosen candidate possess.

As part of our recruiting process, shortlisted candidates will be asked their salary expectations for this position.

Help us get to know you better by answering our application questions! Your participation is expected as an essential part of our selection process.

NOTE : Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest;

however, only those applicants under consideration will be contacted.

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30+ days ago
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