Analyst, Procurement and Vendor Management
Analyst, Procurement and Vendor Management
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Job Description
Career Opportunity
Role Title
Analyst Procurement and Vendor ManagementPurpose of role
The Analyst Procurement and Vendor Management reports to Senior Manager Procurement and Vendor Management and supports sourcing and nonsourcing functions including sourcing activities (i.e. RFx) transactional purchasing vendor relationship and thirdparty risk management. The role will operate in a consultative manner to facilitate procurement and vendor management processes and further develop strategic partnerships with supported business units.Job Description
Key Responsibilities
- Support Senior Manager Procurement and Vendor Management with sourcing activities (i.e. RFx) from intake to execution including:
- Sourcing activity determination (proactive approach vs. reactive)
- RFx development
- RFx distribution and meeting arrangements with vendors and required stakeholders
- Proposal reviews and scorecard evaluation
- Support IT service management with licensing requests for standalone and subscription software; and business units with purchase orders of goods and services
- Participate in contract and software negotiations with new and existing vendors for contract and software renewals in partnership with Senior Manager
- Support thirdparty risk management in a consultative capacity by ensuring new procurement requests are guided through the process while confirming appropriate steps (i.e. risk assessments duediligence) are completed prior to contract signoff
- Support all aspects of the vendor relationship with a variety of vendors (i.e. contractual adherence SLA management renewals some operational issues and issue escalation)
- Participate and coordinate vendor governance and spend analysis reporting
- Support corporate travel program including inquiries from employes and relationship with travel management service provider
- Provide adhoc support on process improvement initiatives and audits
- Identify areas of opportunity for cost savings
Key Qualifications
- Education (Minimum Required): University or College
- Experience (Minimum Required): 05 years of relevant experience
- Qualifications Certifications or Designations (Minimum Required): Postsecondary education. Preferred: Supply chain or purchasing certifications are an asset
- Proficiency in MS Office
- Functional knowledge of procurement practices and requirements
- Strong interpersonal and communications skills to be able to interact with all levels of staff and management
- Ability to meet tight deadlines in fastpaced dynamic environment while maintaining a keen attention to detail
- Proactive and highly motivated individual who will take the initiative to get things done
- Collaborative team player with superior influencing communication and negotiation skills who builds relationships easily across various cross functional groups to move initiatives forward
- Strong ability to work independently and as part of a team
- Ability to provide efficient timely reliable and courteous service to business stakeholders
#LIHybrid
Equal Opportunity Employment and Inclusion at Foresters Financial we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion Diversity and Equity (IDE) as a core strategic objective for building strong innovative teams in which all our employees can show up wholly and authentically as themselves.
Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process please email in advance of your appointment.
Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.
Required Experience:
IC
Employment Type
Full-Time
