TekStaff's Client has a current vacancy for " Vendor/Procurement Manager IV”

Job Description

This is a 10 month contract located in Toronto OR Mississauga, Ontario, Hybrid (4 days on site, 1 day work from home).

SUMMARY OF THE ROLE:

- Typical Day-to-Day Responsibilities – see below
- How much time is being spent in meetings – 4 hours per day on average
- Who are they interacting with (internal/external) – internal and external
- Will the contractor have access to any customer data? – No

Role Overview

The Procurement Manager, Sourcing & Contracting, is responsible for leading complex procurement initiatives from strategy development through sourcing, negotiations, approvals, and contract execution.

This role combines responsibilities traditionally performed by Strategic Sourcing Managers and Contract Managers. The successful candidate will independently manage the commercial and contractual aspects of procurement transactions while partnering with business stakeholders, suppliers, Legal, and risk and control functions.

This requires strong experience in strategic sourcing, supplier negotiations, contract negotiations, risk management, stakeholder management, and governance within a complex and regulated workplace.

Key Responsibilities

End-to-End Procurement Leadership

- Lead procurement initiatives through the full procurement lifecycle, from intake through executed agreement.
- Develop and execute sourcing and negotiation strategies that align with business objectives and risk requirements.
- Manage supplier selection activities, commercial negotiations, contract negotiations, approvals, and execution activities.




- Lead multiple procurement initiatives simultaneously while managing competing priorities and timelines.

Commercial & Contractual Negotiations

- Lead negotiations with suppliers to achieve commercially and contractually sound outcomes.
- Evaluate supplier proposals and provide recommendations to stakeholders and senior management.
- Balance business objectives, commercial considerations, risk requirements, and contractual obligations.
- Work closely with Legal and business stakeholders to resolve negotiation issues and drive timely execution.

Risk, Governance & Stakeholder Management

- Ensure procurement activities comply with applicable policies, standards, controls, and governance requirements.
- Partner with Legal, Third Party Risk Management, Information Security, Privacy, Compliance, Finance, and other stakeholders as required.
- Identify and escalate risks, issues, and contractual exceptions appropriately.
- Build strong relationships with business partners, suppliers, and control functions.

Strategic Procurement Support

- Provide strategic sourcing expertise and market insights to business partners.
- Support procurement best practices, process improvements, and continuous improvement initiatives.
- Leverage available tools, data, analytics,



and market intelligence to support decision-making and negotiations.
- Contribute to knowledge sharing, coaching, and team development activities.

MUST-HAVE Hard Skills:

1.) 8+ years of progressive experience in procurement, strategic sourcing or contract management

2.) 8+ years of experience leading end-to-end procurement transactions from sourcing strategy through contract execution

3.) Strong experience negotiating both commercial and contractual terms directly with suppliers

4.) Experience partnering with business stakeholders, Legal, and risk and control functions

SOFT SKILLS:

1.) Excellent communication skills (written and verbal)

2.) Strong commercial acumen, negotiation skills, and risk management capabilities

3.) Excellent stakeholder management, communication, and relationship-building skills

4.) Ability to manage multiple complex initiatives in a fast-paced environment

5.) Strong analytical and problem-solving skills

NICE-TO-HAVE

1.) Experience within financial services or another highly regulated industry

2.) Professional procurement, supply chain, or contract management certification

3.) Experience supporting technology, operations, or enterprise services procurement initiatives

4.) Experience working within formal governance and risk management frameworks

TekStaff may use artificial intelligence (AI) tools as part of the applicant screening process. However, applications will also be reviewed by a member of our Recruitment team to ensure a fair and thorough assessment.

Pay: $52.00-$64.00 per hour

Expected hours: 37.5 per week

Work Location: Hybrid remote in Mississauga, ON

📌 Vendor/Procurement Manager IV (Mississauga)
🏢 Tekstaff IT Solutions
📍 Mississauga