IT Procurement - Sourcing

BrainFinance is a leading financial technology company that provides responsible and constructive credit solutions to consumers.

We are redefining access to credit through our revolutionary technology that utilizes machine learning and automation capabilities to offer better and simpler financial services to everyone.

A true innovation lab, our team consists of financial experts, data geeks, mathematicians, computer scientists, and software engineers, all working together to bring fair and transparent credit solutions to the masses.

Here's what we're looking for

As the IT Procurement Manager, you will oversee all phases of procurement for the IT department. Your primary role will involve managing relationships with vendors to secure the best prices while staying abreast of emerging trends and opportunities in the technology sector.

This position ensures that the IT department acquires the necessary equipment at competitive prices while maintaining strong vendor management and clear reporting lines for the team.

Your daily responsibilities

• Develop and implement procurement strategies for the IT department, ensuring alignment with organizational goals;
• Identify opportunities to optimize procurement processes and reduce costs while maintaining quality;
• Maintain and nurture relationships with vendors to negotiate the best pricing and terms;
• Evaluate vendor performance and address any issues or opportunities for improvement;
• Oversee the negotiation, preparation, and management of contracts with IT suppliers;
• Manage vendor contracts, service level agreements (SLAs), and performance metrics for credit reporting, IT infrastructure, and cloud services;
• Ensure compliance with organizational policies and industry standards;
• Manage the acquisition, deployment, and tracking of IT assets, ensuring accurate record-keeping and lifecycle management;
• Work with the finance department to develop and manage the IT procurement budget;
• Monitor and report on procurement spending, identifying cost-saving opportunities;
• Collaborate with IT teams to understand their procurement needs and provide support;
• Ensure that lower-level employees know who to report to for supply needs;
• Stay informed about emerging trends and technologies in IT procurement;
• Identify potential procurement risks and develop mitigation strategies;
• Ensure compliance with internal policies, regulations, and industry standards.

Your skills and experience

• Bachelor's degree in Business, IT Management, or a related field;
• 3+ years of experience in IT procurement;
• Proven experience in vendor management, contract negotiation, and procurement strategy development;
• Strong track record in managing procurement budgets and identifying cost-saving opportunities;
• Familiarity with IT infrastructure, software, and cloud-based solutions;
• Proficiency in procurement and contract management software;
• Relevant certifications such as CPP (Certified Procurement Professional), CPPM (Certified Procurement and Purchasing Manager), CIPS (Chartered Institute of Procurement & Supply), or CPSM (Certified Professional in Supply Management);
• Excellent communication, negotiation, and interpersonal skills;
• Strong analytical and problem-solving abilities;
• Familiarity with regulatory compliance related to IT procurement;
• Experience in implementing procurement policies and procedures.

Perks and benefits

• Group Insurance (Health and Dental)
• Retirement Savings Plan (RSP)
• Virtual healthcare
• Employee Assistance Program (EAP)
• Hybrid - Office / remote (the team is in the office on Wednesdays)
• Additional Days off (Moving day, Birthday, 5 personal days)
• Health and Wellness Program
• Office perks : Event Coordinator responsible for social activities, 5-7, snacks provided, yoga and meditation room
• Paid subscription to training tools
• Benefits for public transportation (Bixi, Opus)
• Modern open plan office with pin pong, and pool table
• A friendly and relaxed working environment
8 days ago