Sourcing and Procurement Lead

Varicent; Toronto; Hybrid; CAD 96,000 - 126,000; Full time

Benefits offered by this job

Health & Wellness

Time Off

Volunteer Days

Ignite Days

Financial

Retirement

Tuition Assistance

Flexibility

Job summary

Varicent is seeking a seasoned Sourcing and Procurement Lead to build and lead its global procurement, sourcing, and vendor management function. You will own technology spend and governance, partnering with Finance, Legal, Security, Product, and Revenue to transform procurement into a strategic driver of business value.

The role requires leading complex negotiations, designing governance models, and implementing scalable processes with AI-enabled tools to improve efficiency and cost outcomes

Qualifications

• 12+ years in procurement, sourcing, vendor management.

Responsibilities

• Develop and execute Varicent’s procurement and vendor management strategy across technology and corporate spend categories.
• Build and lead a scalable procurement function, including governance, policies, and vendor segmentation.
• Lead strategic sourcing, contract negotiations, renewals, and commercial discussions with key vendors.
• Partner with Security, Legal, Compliance, and Finance to manage third‑party risk and data privacy obligations.
• Establish vendor governance programs, supplier scorecards, and performance management frameworks.
• Design and implement procurement technologies, AI workflows, contract lifecycle management, and spend visibility programs.
• Provide procurement insights, vendor intelligence, and market trend analysis for planning and budgeting.
• Deliver reporting and recommendations to senior leadership on vendor performance and cost optimization.

Skills

12+ years experience

Vendor negotiations

Strategic sourcing

Procurement processes

Governance frameworks

Budgeting / financial models

Contract lifecycle management

AI-enabled tools

Third‑party risk management

Executive collaboration

Bachelor’s degree in related field

Education

Bachelor’s degree in Business, Finance, Engineering, Supply Chain Management

Tools

Procurement platforms

Contract lifecycle management systems

Enterprise systems

AI procurement tools

Job description

At Varicent, we’re not just transforming the Sales Performance Management (SPM) market—we’re redefining how organizations achieve revenue success. Our cutting-edge SaaS solutions empower revenue leaders globally to design smarter go-to-market strategies, maximize seller performance, and unlock untapped potential. Varicent stands at the forefront of innovation, celebrated as a market leader in the 2025 Forrester Wave Report for SPM, 2023 Ventana Research Revenue Performance Management (RPM) Value Index, Gartner Peer Insights, 2024 Gartner SPM Market Guide, and G2. Our solutions are trusted by a diverse range of global industry leaders like T‑Mobile, ServiceNow, Wawanesa Bank, Shaw Industries, Moody’s, Stryker and hundreds more. Here’s why you’ll thrive at Varicent:

• Innovate with Purpose: Build impactful solutions for customers worldwide.
• Join Excellence: Work in a diverse, collaborative, and innovative team.
• Shape the Future: Lead in redefining revenue optimization.
• Grow Together: Unlock your potential in a supportive environment.

Join us at Varicent—where your talent and ambition meet limitless opportunities for success!

Summary of the Role and Team

As the Sourcing and Procurement Lead, you will build and lead Varicent’s global procurement, sourcing, and vendor management function. This role serves as the strategic owner of technology and corporate procurement practices, with a particular focus on technology vendors, which represent the majority of company spend.

You will establish the governance frameworks, policies, vendor management programs, and operating processes that enable the company to scale effectively while balancing cost, risk, compliance, and business objectives. Working closely with Finance, Legal, Security, Product, Revenue Operations, and executive leadership, you will transform procurement into a strategic business function that drives operational efficiency, vendor performance, and business value.

This is both a leadership and builder role, requiring the ability to design a function from the ground up while driving immediate business outcomes.

What You Will Be Doing

• Develop and execute Varicent’s procurement and vendor management strategy across technology and corporate spend categories
• Build and lead a scalable procurement function, including governance frameworks, operating models, policies, vendor segmentation, and team development
• Lead strategic sourcing initiatives, contract negotiations, renewals, and commercial discussions with key vendors and service providers
• Partner with Security, Legal, Compliance, and Finance teams to manage third‑party risk, data privacy requirements, contractual obligations, and vendor performance
• Establish vendor governance programs, supplier scorecards, and performance management frameworks that support business objectives and risk management
• Design and implement procurement technologies, AI‑enabled workflows, contract lifecycle management processes, and spend visibility programs
• Provide procurement insights, vendor intelligence, and market trend analysis to support business planning, budgeting, and go‑to‑market decision making
• Deliver reporting and recommendations to senior leadership regarding vendor performance, cost optimization opportunities, procurement effectiveness, and business risk

What You Bring

• 12+ years of experience in procurement, sourcing, vendor management, supply chain, commercial operations, or a related discipline
• Experience leading complex vendor negotiations, commercial agreements, and strategic sourcing initiatives with measurable business impact
• Experience designing procurement processes, governance frameworks, operating models, and vendor management programs
• Strong financial and analytical skills, including experience developing business cases, cost‑benefit analyses, and financial models that support executive decision‑making
• Experience working with procurement platforms, contract lifecycle management systems, enterprise business systems, and third‑party risk management tools
• Experience leveraging AI‑enabled tools and automation technologies to improve procurement operations, contract management, spend analysis, or vendor intelligence activities
• Ability to influence and collaborate effectively with executive leaders and stakeholders across Finance, Legal, Security, Product, Operations, and Revenue teams
• Bachelor’s degree in Business, Finance, Engineering, Supply Chain Management, or equivalent experience

Success Outcomes

First 90 Days

• Develop a comprehensive understanding of Varicent’s vendor landscape, procurement practices, technology spend, contracts, and stakeholder priorities
• Assess current procurement processes, vendor governance approaches, and risk management practices
• Build relationships with key stakeholders across Finance, Legal, Security, Product, and leadership teams
• Identify opportunities to improve vendor visibility, governance, spend management, and operational efficiency

Within 6 Months

• Launch a formal vendor governance framework, including supplier segmentation, performance criteria, and risk management processes
• Establish standardized procurement policies, workflows, documentation standards, and vendor management playbooks
• Improve visibility into contract obligations, spend commitments, vendor performance, and renewal timelines
• Implement AI‑enabled processes or tools that improve procurement efficiency, insight generation, or operational scalability
• Deliver measurable improvements in vendor management, sourcing effectiveness, or procurement process consistency

Within 12 Months

• Establish a fully operational procurement and vendor management function with company‑wide adoption of governance standards and operating procedures
• Deliver measurable cost optimization, vendor consolidation, or commercial improvement initiatives with documented business impact
• Achieve comprehensive visibility into vendor contracts, spend, obligations, and risk profiles through scalable systems and processes
• Establish procurement as a strategic business partner that provides actionable market intelligence, vendor insights, and commercial recommendations
• Build a foundation that supports long‑term procurement scalability, operational excellence, and business growth

For this role, the estimated annual base salary range is between96,000.00 - 126,000.00 CAD. In addition to base salary, our compensation package may include bonuses, commissions for eligible sales roles, and a comprehensive benefits package. The actual base salary will vary based on factors including individual qualifications and market data, as objectively assessed during the interview process.

This posting is for an existing vacancy.

This hiring process utilizes artificial intelligence tools to assist in candidate screening and assessment. Our AI tools are designed to complement — not replace — human decision‑making.

Overview of Benefits:

• Health & Wellness — Comprehensive medical, dental, and vision coverage tailored to your local needs
• Time Off — PTO and public holidays to rest, recharge, and do what matters most
• Volunteer Days — Dedicated time to give back and support the communities that matter to you
• Ignite Days — Dedicated learning days to support continuous growth, skill development, and professional learning
• Financial — Compensation that reflects your market and your value
• Retirement — Retirement plans designed to help you build long‑term financial security
• Tuition Assistance — Invest in your growth with support for continuing education and professional development
• Flexibility — Work where you thrive, with remote and hybrid options available across most regions

Varicent is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you require accommodation at any time during the recruitment process please email [e-mail]

Varicent is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

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