Procurement Analyst

Posted 15 Days Ago
Be an Early Applicant
7 Locations
Remote
Junior
Fintech • Payments • Financial Services
The Role
The Procurement Analyst will support the Source to Contract Process, providing operational and analytical assistance. Responsibilities include managing supplier contracts, supporting relationship managers, maintaining data quality of the supplier repository, and acting as a subject matter expert in procurement processes.
Summary Generated by Built In

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

Job Description:

As a member of the Contract Operations Team, the key focus of the Procurement Analyst is to provide operational, administrative and analytical support for the Source to Contract Process. This role will provide process support to both business partners and internal procurement teams. This position reports to the Manager, Contract Operations.

What will you do?

  • Act as a subject matter expert in the Procurement Intake Request process and provide guidance to relationship managers on the required due diligence/compliance steps related to their contract(s).
  • Liaise regularly with Third Party Risk Management Operational teams to validate Risk Review status of contracts under negotiation/pending signature.
  • Manage review and processing of all supplier contracts through the eSignature process, ensuring all required reviews and approvals are obtained.
  • ​Review of supplier contracts to understand basic terms and conditions
  • Support Relationship Managers with renewal/termination of existing supplier contracts, including advising on any contractual requirements
  • Creation and ongoing data quality maintenance of the supplier contract repository.
  • Support related project work to assist in roll-out of new and/or enhanced contract management services as required.
  • Manage the central email and act as a subject matter expert in Procurement processes and requirements

What do you need to succeed?

  • 2 - 4 years in a Procurement environment ideally in Financial and Insurance Services with exposure to contract drafting/review, supplier management, and supplier risk.
  • Client service orientation, consulting and relationship management skills
  • Strong MS Office (Word, Excel, PowerPoint, SharePoint) experience required
  • 1-2 years experience with SAP Ariba modules (i.e. Supplier Lifecycle and Performance, Sourcing, Contracts, Buying and Invoicing) is considered an asset
  • Excellent analytical skills
  • Strong attention to detail

 I would keep this a bit lighter so you don’t exclude someone that might be smart without the relevant experience. The role in its current form is quite teachable. A smart person with ambition and no experience is better then an experienced person without a lot of get up and go. 

Job Category:

Administrative Services

Posting End Date:

30/01/2025

Top Skills

MS Office
Sap Ariba
The Company
Toronto, Ontario
499 Employees
On-site Workplace

What We Do

A UK company, Sun Life Financial of Canada is focused on building excellent customer service by offering the highest levels of customer care. We have been serving customers in the UK for over 100 years

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