Specialist - Strategic Sourcing

Sun Life; Gurugram District; Sur place; INR 900 000 - 1 500 000; Plein temps

Résumé du poste

Sun Life is seeking a Specialist - Strategic Sourcing to strengthen our procurement practice in India. You will develop sourcing strategies for IT, operations, and services, negotiate contracts, and manage complex supplier relationships to drive best-value procurements.

You will collaborate with internal stakeholders, monitor KPIs, and lead cross-functional sourcing teams while ensuring compliance and risk management.

Qualifications

• 10+ years of sourcing/procurement experience.
• Data collection, cleansing and analysis experience.
• Proven expertise leading sourcing initiatives and negotiations.
• Ability to work with internal stakeholders to drive the process.
• Comfort with ambiguity and uncertainty.
• Familiarity with vendor contract language and SAP Ariba Contracts.
• Understanding procurement challenges and solutions.
• Ability to align with IT security, compliance and governance stakeholders.

Responsabilités

• Develop and implement sourcing strategies for commodities or services, negotiate contracts, and manage complex supplier relationships to ensure best-value procurement.
• Drive Total Cost of Ownership (TCO) improvements, manage procurement budgets, and monitor KPIs to achieve cost-saving targets.
• Lead clients through the sourcing process including contract negotiations through contract execution, risk and governance support and approvals.
• Lead sourcing teams and collaborate with cross-functional partners (e.g., Finance, Operations) to align purchasing with company goals.
• Assess, define and resolve procurement issues including contractual terms and conditions and escalations by internal stakeholders and suppliers.
• Identify opportunities to improve sourcing efficiency, leverage analytics for data-driven decisions, and manage risk,
• Apply project management concepts to the planning and execution of the sourcing process.
• 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).

Connaissances

Sourcing expertise

Data analysis

Stakeholder management

Negotiation skills

English communication

Outils

SAP Ariba

Ariba Contracts

Description du poste

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.

At Sun Life, we’re driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you’ll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients’ lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Job Description: Specialist - Strategic Sourcing

Role Summary:

• Provide sourcing value in the focused support of lower spend tactical purchases for the Canadian business, Corporate, and IT spend categories (including, but not limited to, group insurance and operations services, consulting, human resources, marketing, communications, finance services, Software, IT Services, IT Hardware/Products).
• Identify and manage relationships with key internal stakeholders.
• Manages the execution of the sourcing process.
• Focuses on the continuous improvement of various procurement processes.

What you will do?

• Develop and implement sourcing strategies for commodities or services, negotiate contracts, and manage complex supplier relationships to ensure best-value procurement.
• Drive Total Cost of Ownership (TCO) improvements, manage procurement budgets, and monitor key performance indicators (KPIs) to achieve cost-saving targets.
• Lead clients through the sourcing process including, but not limited to, contract negotiationsthrough contract execution, risk and governance support and approvals.
• Lead sourcing teams and collaborate with cross-functional partners (e.g., Finance, Operations) to align purchasing with company goals.
• Assess, define and resolve procurement issues including contractual terms and conditions and escalations by internal stakeholders and suppliers.
• Identify opportunities to improve sourcing efficiency, leverage analytics for data-driven decisions, and manage risk,
• Apply project management concepts to the planning and execution of the sourcing process.
• 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).

What you need to succeed:

• 10+ years relevant sourcing/procurement experience.
• Hands on experience around data collection, cleansing and data analysis.
• Proven and extensive expertise leading sourcing initiatives, processes and developing strategies (i.e. deal management, contract review and negotiations etc.)
• Proven skills and ability to work with internal stakeholders to drive the process
• Comfort with ambiguity and uncertainty
• Familiarity with vendor contract language, SAP Ariba Contracts and Sourcing Modules
• 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.

Preferred skills:

• Effective client relationship management skills are critical in this role.
• Requires comfort with ambiguity and uncertainty.
• Financial Analysis skills included advanced Excel skills.
• Confidence in ability to lead negotiations to conclusion.
• Proven ability to work with internal legal counsel and other stakeholders such as security and compliance.
• Role will require both independent contribution as well as team involvement.
• Demonstrates a drive for results and sense of urgency.
• Excellent communicator - both written and oral communication in English.
• Must have experience creating project plans, managing plans, communicating effectively and engaging necessary stakeholders in projects as required.
• Make good decisions based upon a mixture of analysis, common sense wisdom, experience and good judgment.

Assets:

• Experience with SAP Ariba Contracts and Sourcing Modules.
• Familiarity with third party risk for Financial Service Institutions.

Job Category:

Office Administration

Posting End Date:

01/11/2026