Procurement specialist Jobs in Toronto, ON

The Senior IT Procurement Manager, Sourcing is a critical leadership role within our Global Procurement team, focused on driving high-value sourcing decisions, supplier consolidation, and significant cost-savings initiatives. Working closely with the Sourcing Execution leadership, you will proactively develop negotiation and contract strategies for high-risk, complex, and sensitive technology initiatives. You will act as a trusted business partner to senior management, gathering and analyzing data to create strategic playbooks that optimize the total value generated from our global supplier base.

Work Environment
Schedule: Monday – Friday, 9:00 AM – 5:00 PM (Overtime may be required based on business needs).

Location: Hybrid (Toronto-based). 4 days onsite (including at least one Monday or Friday) and 1 day remote.

Advantages
High-Impact Visibility: Lead enterprise-wide initiatives and influence decisions on complex deals with a total contract value exceeding $5M.

Collaborative Culture: Join a supportive, global team of over 20 professionals that values approachable leadership and professional development.

Strategic Growth: Opportunity to work on cutting-edge technology categories, including AI-driven solutions and high-risk global sourcing projects.

Prime Location: Based in the heart of Toronto at 181 Bay Street within a modern, hybrid work environment.

Responsibilities
End-to-End Strategic Sourcing & Execution
- Deal Leadership: Lead the end-to-end sourcing process for complex, high-visibility technology deals with a Total Contract Value (TCV) exceeding $5M, ensuring alignment with enterprise-wide financial objectives.

- Negotiation Strategy: Independently coordinate and conduct sophisticated commercial and legal negotiations; develop methodologies to capture savings and manage value-driven outcomes.

- Contract Authoring: Draft, review, and edit complex supplier contracts and amendments, ensuring all legal and business terms protect the organization’s interests while minimizing risk.

- Proposal Evaluation: Manage the full RFP (Request for Proposal) lifecycle, including the development of evaluation criteria, scoring models, and final vendor selection recommendations for senior leadership.

Strategic Planning & Market Intelligence
- Category Playbooks: Gather and analyze internal spend data and external market intelligence to create strategic "playbooks" for various technology business models (SaaS, Cloud, AI, Professional Services).

- Opportunity Assessment: Proactively identify and prioritize sourcing opportunities through deep-dive spend analysis and knowledge of upcoming business unit needs.

- Market Research: Monitor global supply market conditions and industry trends to advise senior management on potential risks, alternative suppliers, and disruptive technologies (e.g., AI providers).

Relationship & Stakeholder Management
- Executive Influence: Act as a trusted advisor to senior executives and business partners, guiding them through high-risk sourcing initiatives and securing buy-in for contentious or complex decisions.

- Supplier Relationship Management (SRM): Develop and maintain strategic partnerships with key technology vendors, holding them accountable to KPIs and service levels while driving continuous improvement.

- Cross-Functional Collaboration: Lead cross-functional teams (Legal, Risk, Finance, IT) to ensure sourcing activities are integrated and compliant with all corporate standards.

Governance, Risk, and Financial Oversight
- Financial Accountability: Deliver on individual cost-reduction targets of $5M and contribute to team-wide savings goals of $25M through rigorous negotiation and demand management.

- Risk Mitigation: Support the development and adherence to financial, fraud-prevention, and risk management controls throughout the procurement lifecycle.

- KPI Reporting: Analyze and report on Key Performance Indicators (KPIs) to drive insights into business trends, measuring the effectiveness of sourcing strategies and supplier performance.

Leadership and Continuous Improvement
- Mentorship: Provide coaching and professional development to junior team members, fostering a high-performance culture aligned with the global leadership model.

- Process Excellence: Contribute to the development of standardized global tools, templates, and best practices to improve procurement efficiency and standardization.

Qualifications
Experience: Minimum 10 years of dedicated procurement sourcing experience (specifically sourcing, not general purchasing).

Domain Expertise: At least 5 years of specialized experience in Technology Sourcing with a proven track record of leading deals over $5M TCV.

Technical Skills: Mastery of Advanced Microsoft Excel and PowerPoint is essential; experience with Ivalua is a strong asset.

Education: Post-secondary degree in Finance or a related field; a formal Procurement Designation is highly preferred.

Soft Skills: Exceptional impact and influence, strong business/financial acumen, and the ability to negotiate complex legal and commercial terms independently.

Summary
If you are a highly skilled and experienced sourcing professional with a passion for technology and a proven track record of success, we encourage you to apply. This is a fantastic opportunity to join a leading global organization and make a significant contribution to their procurement function. Please reach out with subject line
IT Procurement to mohamedanas.shaikh@randstad.ca or Luca.martini@randstad.ca

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.