Procurement Analyst

ProViso Staffing; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

An established industry player is seeking a dynamic Buyer to join their Central Buying Team. In this role, you will be a key player in supporting the bank's purchasing activities, acting as a subject matter expert on the Ariba platform while interfacing with various stakeholders. Your expertise in Strategic Sourcing and strong commercial acumen will be essential as you lead sourcing engagements, manage Purchase Requisitions, and ensure data accuracy. This position offers an exciting opportunity to engage with diverse teams globally, enhance your skills, and contribute to the organization's success in a fast-paced environment. If you thrive on collaboration and are passionate about procurement, this role is perfect for you.

Qualifications

• 3+ years in Strategic Sourcing with strong stakeholder management skills.
• Proficient in SAP Ariba and Microsoft Office applications.

Responsibilities

• Support purchasing activities and act as a subject matter expert on Ariba.
• Lead tactical sourcing engagements and manage Purchase Requisitions.

Skills

Strategic Sourcing

Stakeholder Management

Commercial Acumen

Communication Skills

Attention to Detail

Multi-tasking

Tools

SAP Ariba

Microsoft Office Suite

e-sourcing tools

Job description

Candidate profile details:

• Years of experience: 3+
• Interaction with Stakeholders: 75%
• Team Size: 9 (larger group – 22)
• Project: multiple projects, contract management related activities
• Selling Point of the position: dynamic space, team supports contract review across bank – exposure to various teams across the globe
• How will performance be measured: document accuracy, customer satisfaction
• Best vs Average Candidate: procurement background, knowledge of SAP Ariba, team fit (energetic personality), willing to learn

Summary of day-to-day responsibilities:

• The Buyer is a results-driven team player who will support all of the purchasing activities of the Bank.
• In this capacity, the person will be a subject matter expert on the Ariba platform, acting as a key point of contact for all systems-related inquiries.
• In this role, you will interface with stakeholders across the organization, internal business partners, subject matter experts, other members of SSG and external 3rd-parties to support the execution of the Bank’s sourcing needs.

Reporting to the Manager, Central Buying Team, the analyst’s key accountabilities are:

• Leads tactical sourcing engagements by reviewing and processing contract drafts.
• Responsible for reviewing and approving Purchase Requisitions, coordinating with vendors and tracking PO progress as required.
• Ensures the accuracy of sourcing requests (SR) and purchase requisitions details.
• Manages issues with SRs and POs in an efficient and timely manner.
• Ensures data accuracy within the tools and provides recommendations for more efficient and cost-effective operations.
• Responsible for the management and support of all SSG purchasing tools and is a subject matter expert on engagements, complex Purchase Orders (POs), e-Auctions and 3 bids and a buy functionality.
• Ability to analyze large sets of data, providing detailed information to support Strategic Sourcing Group (SSG) buying/sourcing decisions.
• Proactively engages with the Strategic Sourcing Functions and Purchasing Team to identify new opportunities to leverage purchasing tools and processes, and/or e-Auction related buying strategies.
• Drives value through early engagement, commercial acumen, market knowledge and understanding of the Ariba tool.
• Ensures effective delivery of Strategic Sourcing Group (SSG) services to business partners and ensures prompt and thorough resolution of all client issues.
• May support the monthly reporting and tracking for departmental KPI’s and Savings Targets.
• Fosters strong collaborative relationships with partners in SSG (TPRM, Category Leads, etc.), the business, and vendor management communities.

Must have:

• Demonstrated experience of Strategic Sourcing practices
• Previous experience working in the procure to pay and source to contract process
• Strong knowledge of buying group functions and customer service
• Strong commercial acumen and business judgment
• Demonstrated stakeholder/relationship management skills
• Ability to multi-task and work in a fast-paced, customer-service focused environment
• Excellent communication (written and oral) and interpersonal skills
• Excellent working knowledge of office software applications, including Microsoft Word, Excel, PowerPoint and Outlook
• Attention to detail and ability to prioritize tasks.

Nice To Have:

• Experience in the following is considered an asset:
• A Purchasing role or demonstrated experience of Strategic Sourcing practices
• Work experience on the Ariba tool
• Experience with e-sourcing tools
• Experience in building dashboards and reporting
• Previous Buying or Purchasing experience

Job Details

Job ID: 13175
Contract: 12 Months
Location: Toronto