Procurement Sourcing and Engagement Manager

The Procurement Sourcing and Engagement Manager is responsible for developing a strategic sourcing approach. The Procurement Sourcing and Engagement Manager will lead a team of procurement specialists and will be responsible for sourcing and negotiating with suppliers to acquire the most cost-effective deals, manage supplier contracts, implement procurement policy and standards and to ensure processes and governance are in place to meet business objectives and operational needs.

Position Responsibilities:

• Identifies and develops strategies that leverage and add value to the target savings and requirements of the business.
• Responsible for leading, managing, coaching, and developing a high performing team.
• Provides overall support in the end-to-end process of sourcing and procurement from sourcing, supplier onboarding, risk mitigation, contact management and purchasing of goods and services.
• Collaborates and manages relationships with stakeholders, internal customers, and business partners.
• Supports the team in addressing the challenges or areas of opportunities identified.
• Developing sourcing, procurement and savings strategies that are inventive and cost-effective.
• Reviewing and negotiating existing contracts with suppliers to ensure on-going feasibility and optimization of commercial terms.
• Building and maintaining long-term relationships with suppliers
• Collaborating and engaging with key internal stakeholders to facilitate delivery and compliance with the procurement strategy.
• Contributing to new business initiatives and projects by reviewing and communicating the impact on procurement activities
• Strengthening the procurement practice and governance ensuring adherence to Procurement Policy and Standards.
• Responding to audit requirements and implementing audit recommendations

Required Qualifications:

• Bachelor's degree in consulting, supply chain management and business administration are preferred.
• At least 7 years of proven experience in indirect procurement sourcing/ category management or equivalent relevant work experience in a shared services industry.
• Experience using supply chain management software and tools such as but not limited to Oracle, SAP Ariba and Ivalua.
• Preferably coming from Shared Services, Financial Services, cross functional and multinational set-up
• In-depth knowledge of drafting and reviewing contracts, and negotiation terms
• Proficient in Microsoft Office Suite (Word, Excel, Outlook, Sharepoint and Access)
• Excellent interpersonal and negotiation skills and the ability to develop close working relationships and work collaboratively with internal and external customers and vendors.
• Strategic sourcing experience in both direct and indirect spend categories is a plus.

When you join our team:

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].