City : North York

Category : Full-time

Industry : Finance

Employer : Sun Life Financial

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

What will you do?

• Support and manage the sourcing process for spend initiatives

• Lead and support project teams through the sourcing process including, but not limited to, the design, development and review of RFXs, engagement strategies and contract negotiations through to execution

• Assess, define and tactfully resolve procurement issues including contractual terms and conditions and escalations by internal stakeholders and suppliers

• Apply project management to the planning and execution of the sourcing process

• Drive and promote compliance for best-in-class procurement practices for specific spend categories

• Perform market analysis, benchmarking and spend analysis leveraging all available data sources - accounting, purchasing, payment systems, suppliers, market trends etc. to provide valued insight into opportunities for savings and efficiencies

• Ensure all related governance processes/policies are adhered to and completed prior to final approval to ensure the acquisition is done in the best interest of the company (legal, technical, financial, regulatory compliance)

The successful candidate will be able to demonstrate the following capabilities and experience:

• Proven Leadership skills and ability to work with internal stakeholders to drive the process

• Comfort with ambiguity and uncertainty

• Financial analysis skills (Advanced Excel)

• Understanding of general procurement challenges and solutions

• Proven ability to work and align with internal legal counsel and other governance stakeholders such as IT security, compliance, etc.

• Role will require both independent contribution as well as team involvement and collaboration

We are looking for a candidate who possesses the following skills and abilities:

• Sourcing and Contracting Experience – experience leading sourcing initiatives and projects, identifying savings opportunities and driving change; contract review and negotiation, RFX, and understanding of typical contract terms is a MUST

• 5+ years sourcing experience

• Experience in Information Technology (Cloud, S/W, H/W, Telco, Professional Services etc.) sourcing and contracting 

Assets:

• Familiarity with vendor contract language, purchasing systems, eProcurement and eSourcing systems would be an asset but not required

• Supply chain and/or procurement certification is an asset

What's in it for you?

• 15 vacation days per year

• Flexible Benefits from the day you join to meet the needs of you and your family

• Pension, stock and savings programs to help build and enhance your future financial security

• The opportunity to move along a variety of career paths with amazing networking potential

• Great Place to Work® Certified in Canada and the US. 

• Named 2021 “Best Places to Work” by Glassdoor 

• Canada Award for Excellence for Mental Health at Work - 2021 

• Flexible hybrid work model

• Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives 

• A friendly, collaborative, and inclusive culture 

The Base Pay range is for the primary location for which the job is posted.  It may vary depending on the work location of the successful candidate or other factors.  In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance.  Certain sales focused roles have sales incentive plans based on individual or group sales results. 

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

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