Strategic Sourcing Manager

BeachHead Inc.; Toronto; On-site; CAD 78,000 - 94,000; Full time

Benefits offered by this job

Supply chain certifications

Experience in banking/financial sector

Ariba and Coupa

Job summary

BeachHead Inc. is seeking an experienced Strategic Sourcing Manager to lead sourcing engagements for a top financial client in Toronto and manage vendor relationships while developing comprehensive category strategies to deliver value and mitigate risk.

You will drive negotiations on SOWs and MSAs, collaborate with stakeholders, and ensure compliance with enterprise frameworks. This role offers growth and impactful contributions to enterprise procurement initiatives.

Qualifications

• Minimum of 8+ years in strategic sourcing or procurement roles within regulated environments such as banking or financial services.
• Proven negotiation skills covering SOWs, MSAs, NDAs, and pricing negotiations.
• Strong understanding of contract terms, deal structures, and supplier risk considerations.

Responsibilities

• Lead sourcing activities, including requirements gathering, supplier evaluation, and selection processes (tech procurement).
• Develop and execute category strategies aligned with business objectives for technology procurement.
• Drive negotiations on contracts, including statements of work, master service agreements, and commercial terms.
• Manage vendor relationships, ensure compliance, and coordinate transition activities post-contract signing.
• Support risk management and governance requirements across procurement projects.
• Collaborate with internal stakeholders and external vendors to ensure timely delivery and quality standards.
• Continuously analyze market trends and emerging technologies, including AI-enabled tools, to inform sourcing strategies.
• Identify process improvements to enhance procurement efficiency, transparency, and stakeholder experience.
• Ensure all sourcing activities adhere to enterprise frameworks and regulatory requirements.
• Facilitate communication across cross-functional teams, presenting research and recommendations to management.
• Maintain accurate documentation and reporting on sourcing metrics, SLA performance, and risk issues.

Skills

Negotiation

Contract terms

Supplier risk

Stakeholder management

Communication

Organization

Self-starter

Time management

Tools

Ariba

Coupa

Job description

Are you an experienced Vendor Manager looking for your next strategic opportunity?

Working with one of our top financial clients, this role calls for a Strategic Sourcing Manager. As a key player in the organization’s procurement ecosystem, you will lead sourcing engagements, manage vendor relationships, and develop comprehensive category strategies to deliver sustained value and mitigate risks. This position offers a dynamic and collaborative environment, with opportunities for long‑term growth and impactful contributions to enterprise procurement initiatives.

Pay rate range (CAD): $56.70/hr – $68.03/hr

Responsibilities

• Lead sourcing activities, including requirements gathering, supplier evaluation, and selection processes
• Develop and execute category strategies aligned with business objectives for technology procurement
• Drive negotiations on contracts, including statements of work, master service agreements, and commercial terms
• Manage vendor relationships, ensure compliance, and coordinate transition activities post-contract signing
• Support risk management and governance requirements across procurement projects
• Collaborate with internal stakeholders and external vendors to ensure timely delivery and quality standards
• Continuously analyze market trends and emerging technologies, including AI-enabled tools, to inform sourcing strategies
• Identify process improvements to enhance procurement efficiency, transparency, and stakeholder experience
• Ensure all sourcing activities adhere to enterprise frameworks and regulatory requirements
• Facilitate communication across cross-functional teams, presenting research and recommendations to management
• Maintain accurate documentation and reporting on sourcing metrics, SLA performance, and risk issues

Desired Skill-Set

• Minimum of 8+ years in strategic sourcing or procurement roles within regulated environments such as banking or financial services
• Proven negotiation skills covering SOWs, MSAs, NDAs, and pricing negotiations
• Strong understanding of contract terms, deal structures, and supplier risk considerations
• Excellent written and verbal communication skills
• High level of initiative and resourcefulness as a self-starter
• Exceptional attention to detail and organizational skills
• Effective stakeholder management and relationship-building abilities
• Strong time management and prioritization skills

Nice to Have

• Supply chain certifications
• Experience in banking, healthcare, or financial sectors
• Familiarity with procurement tools such as Ariba and Coupa
• Knowledge of AI-enabled procurement and sourcing technologies
• Experience managing complex multi-stakeholder projects

BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision‑making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.