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Manager Procurement and sourcing

Toronto, ON
  • Number of positions available : 1

  • To be discussed
  • Starting date : 1 position to fill as soon as possible

The Sourcing Manager reports to Director Sourcing Management and is responsible for the end-to-end execution of the sourcing process for large sophisticated sourcing and contracting for Consulting and Professional Services initiatives. The incumbent is responsible for sourcing strategy development, supplier selection and contract negotiations consistent with an overall Sourcing strategy and business unit objectives. The Sourcing Manager will lead project teams that include business unit partners, subject matter authorities and Sourcing Analysts. It is encouraged that the individual will bring extensive experience and expertise in Consulting/Professional Services/Contingent Worker/ Contact Center to contribute to the development and application of procurement and sourcing standard methodologies across the organization.

Position Responsibilities :

  • Lead cross-functional teams to complete medium to high value/complexity sourcing projects and contracting efforts.

  • Resolve sourcing strategy and conduct analysis and negotiations for projects.

  • Generate and leverage market and supplier intelligence and data for development of sourcing and negotiation strategies.

  • Work with business partners to collect and finalize requirements necessary to evaluate and select suppliers.

  • Establish deal teams for large sourcing engagements. Develop terms sheet based on negotiation strategies, with input from the business partners.

  • Proactively coordinate and schedule external resources and subject matter authorities (legal, risk, finance, etc.)

  • Drive and be responsible for the contract negotiation process, with consultative support, as required, from legal and risk.

  • Track, monitor, and handle sourcing and contracting agenda across the category including progress, risk, and benefits development and realization.

  • Directly contact business partners and vendor/contract managers

  • Lead all aspects of and support vendor/contract managers in execution of business-led initiatives assigning internal support resources as necessary.

  • Independently provide direct leadership and support to a team of direct and indirect reports on sourcing projects. Provide strategic thought leadership to team.

Required Qualifications:

  • Proven sourcing experience in any of the following categories: technology professional services (app development and maintenance), IT services outsourcing

  • Experience in crafting sourcing strategy.

  • Undergraduate degree (business preferred)

  • 4+ years of dynamic business experience in global supply chain management

  • In-depth knowledge of sourcing and procurement principles and standard methodologies

  • In-depth experience and expertise with supplier contractual terms and conditions to mitigate legal and business risk.

  • Experience with sourcing and procurement systems and tools.

Preferred Qualifications:

  • Confirmed analytical skills

  • Strategic problem solver - thinks conceptually beyond day-to-day business realities; builds a clear vision and goals and adopts a long-term perspective; anticipates emerging issues.

  • Confirmed experience in delivering large savings and value in a procurement function.

  • Able to work in a cross-functional international team environment and collaborate optimally across different organizational levels, functions, businesses, and geographies to realize procurement goals and objectives.

When you join our team:

  • We’ll empower you to learn and grow the career you want.

  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

  • As part of our global team, we’ll support you in shaping the future you want to see.

#LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$84,375.00 CAD - $151,875.00 CAD

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact recruitment@manulife.com for more information about U.S.-specific paid time off provisions.


Requirements

Level of education

undetermined

Work experience (years)

undetermined

Written languages

undetermined

Spoken languages

undetermined