Senior IT Procurement, Analytics & Cloud Specialist

Posted 2 Days Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
121K-133K Annually
Senior level
Information Technology • Software
The Role
Manages technology procurement, strategic sourcing, vendor negotiations, renewals, contracts, and commercial risk. Develops procurement analytics using spend, usage, contract, and vendor data, including Excel and Power BI dashboards. Supports cloud, SaaS, marketplace, AI, and Azure purchasing decisions through forecasting, consumption analysis, cost optimization, and commercial recommendations. Collaborates with IT, Security, Finance, Legal, and business stakeholders to deliver savings, cost avoidance, governance, and improved contract terms.
Summary Generated by Built In
Senior Technology Procurement, Analytics & Cloud Specialist 
Who We Are 
Teranet is Canada’s leader in the delivery and transformation of statutory registry services with extensive expertise in land and commercial registries. We also market insightful property and data solutions, as well as practice management automation to thousands of customers in the real estate, financial services, government, utilities, and legal markets. 
Connect. Grow. Thrive Together. 
To learn more about who we are visit our website:  www.teranet.ca 
About the Role 
Teranet is seeking a Senior Technology Procurement, Analytics & Cloud Specialist to manage technology sourcing and commercial initiatives while contributing to Procurement’s analytics, cloud and vendor-management capabilities. The role combines hands-on sourcing with the development and maintenance of procurement intelligence, support for software and cloud commercial models, and coordination of key technology vendors.Working closely with Procurement leadership and partners across IT, Information Security, Finance, Legal and business teams, the successful candidate will use spend, usage, contract and market data to develop commercial recommendations and support practical decisions. The role will contribute to value delivery, commercial and contractual risk management, renewal planning, savings and cost avoidance.Reason for Vacancy – Replacement 
What You’ll Be Doing: 
Strategic Sourcing & Commercial Negotiation
  • Manage technology sourcing initiatives through requirements, competitive events, evaluation, negotiation, contracting and implementation hand-off.
  • Coordinate technology vendor and reseller activities, including renewal planning, usage validation and commercial discussions.
  • Develop commercial recommendations using benchmarks, competitive tension and vendor or reseller options to improve cost, flexibility, service levels, risk and contract terms.
  • Evaluate opportunities such as right-sizing, co-terming, consolidation, enterprise agreements, rebates and price protection.
  • Review contracts and order forms with Legal and business stakeholders, coordinate approvals, document decisions and track savings and cost avoidance.
  • Support purchase-to-pay activities as required, including requisitions, vendor setup, purchase orders and due-diligence approvals.
Procurement Analytics & Decision Support
  • Develop and maintain Procurement analytics assets, including renewal pipelines, multi-year and enterprise vendor-spend views, vendor and VAR landscapes, savings tracking and termination-notice tracking.
  • Gather and analyze vendor, contract and software asset data, including products, entitlements, usage, deployment, commitments, renewal windows, notice periods and commercial history.
  • Investigate and resolve data-quality issues so reporting supports planning, forecasting, licensing compliance and negotiations.
  • Translate complex or incomplete data into decision-ready analysis, applying sound assumptions and documenting limitations and validation steps.
  • Build and enhance Excel and Power BI dashboards for renewal planning, spend visibility, vendor concentration, software asset insights and leadership reporting.
  • Identify opportunities to apply analytics within sourcing and vendor-management activities and create practical tools and documentation for team use.
Cloud, Marketplace & AI Procurement
  • Manage sourcing and commercial activities for cloud, SaaS, marketplace and consumption-based services, including Microsoft Azure and MACC-related purchasing.
  • Analyze cloud commitments and consumption trends and develop forecasts, renewal plans, purchasing-route recommendations and cost-optimization opportunities.
  • Research and evaluate commercial models for AI and emerging technology, including subscription, usage, token-based and hybrid pricing structures.
  • Develop practical recommendations for demand, approvals, forecasting, usage monitoring, scalability and vendor lock-in risk.
  • Assess marketplace, reseller and direct purchasing routes and recommend the appropriate approach based on value, governance and flexibility.
 
What you bring:
  • 5+ years of experience in technology procurement, strategic sourcing, vendor management, software licensing or a related commercial role.
  • Practical experience managing sourcing activities and negotiations for software, SaaS, cloud or technology services.
  • Strong analytical skills, including advanced Excel and experience using data to support commercial decisions; Power BI experience is an asset.
  • Working knowledge of software licensing, renewals, contracts and commercial models; experience with Azure, cloud marketplaces, MACC or FinOps practices is preferred.
  • Sound commercial judgement and the ability to develop practical recommendations from complex or incomplete information.
  • Able to manage priorities independently, collaborate across teams and communicate clearly with technical and non-technical stakeholders.
  • Post-secondary education in a relevant field or equivalent experience; procurement, software asset management, cloud or analytics certification is an asset.
 
Success In This Role:
  • Procurement decisions are supported by accurate, forward-looking spend, renewal, usage and vendor information.
  • Assigned vendor and renewal activities are coordinated proactively, with clear documentation and measurable commercial outcomes.
  • Cloud, marketplace and AI purchases are supported by sound forecasting, commercial analysis and usage information.
  • Negotiations contribute value across price, flexibility, risk, service, cash flow and commercial structure.
  • Analytics tools and processes are practical, documented and used consistently by the Procurement team.
 
Let’s Talk Pay 
We believe in being upfront about pay and helping you make informed decisions about your career. The annual pay range for this role is $121,000 – 132,550 CAD, inclusive of base salary and target incentive pay. We understand that great talent comes in many forms, each with unique skills, experience, and potential. Your salary will be tailored to reflect the experience you bring and the impact you’re ready to have on this role. 
At Teranet, we also know that compensation extends far beyond a pay cheque. Along with your cash compensation, we offer a comprehensive package which includes the following: 
•       100% Employer Paid Health Benefit Plan•       Employer Matching Retirement Savings Plan•       Paid Vacation, Floater Days & Sick Leaves•       Maternity, Parental and/or Adoption Leave Top-Up Programs•       Corporate Discounts & GoodLife Group Rate Membership•       Employee Assistance Program – for you and your loved ones! 
Our Human Approach to Hiring 
At Teranet, we use smart technology to make hiring faster and more efficient. Artificial Intelligence (AI) tools help us review applications and identify strong matches—but the real decisions? Those are made by our awesome people. 
Every interaction you’ll have, and every decision we make, is led by humans. AI may support us, but it’s human connection that drives every hire.

At Teranet, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected, and supported. We are dedicated to building a workforce that reflects the diversity of our customers and the communities in which we live and serve. If you require accommodation during the recruitment and selection process, please let us know and we will work with you to meet your needs.
 
Come As You Are. We Like You That Way!

#INDHP

Skills Required

  • 5+ years of experience in technology procurement, strategic sourcing, vendor management, software licensing, or a related commercial role
  • Practical experience managing sourcing activities and negotiations for software, SaaS, cloud, or technology services
  • Advanced Microsoft Excel skills and strong analytical abilities using data for commercial decisions
  • Power BI experience
  • Working knowledge of software licensing, renewals, contracts, and commercial models
  • Experience with Microsoft Azure, cloud marketplaces, MACC, or FinOps practices
  • Sound commercial judgment and ability to develop recommendations from complex or incomplete information
  • Ability to manage priorities independently, collaborate across teams, and communicate clearly with technical and non-technical stakeholders
  • Post-secondary education in a relevant field or equivalent experience
  • Procurement, software asset management, cloud, or analytics certification
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The Company
HQ: Toronto, Ontario
805 Employees
Year Founded: 1991

What We Do

Teranet is Canada’s leader in the delivery and transformation of statutory registry services, with extensive expertise in land and commercial registries. Our unmatched registry expertise makes us the most authoritative source of data and market insight for the financial services, real estate, and government and utility sectors. Through our global partnership with Foster Moore, Teranet has expanded its registry solutions to include commercial-off-the-shelf (COTS) registry technology that delivers operational cost reductions, enhanced security and process improvements. Teranet is owned by OMERS Infrastructure, a leading global infrastructure investment manager and the infrastructure arm of the Ontario Municipal Employee Retirement System. As a pioneer in electronic registration systems and commerce, Teranet has received numerous awards for our technology platforms, expertise and our successful partnerships with the Provinces of Ontario and Manitoba. An employer of choice, we are proud of our inclusive and diverse corporate culture where all employees have the opportunity to connect, grow and thrive. - 2017-2024 Greater Toronto's Top 100 Employers - 2022 Finalist for Best Employer Branding and The Leadership Agency Award for HR Leader of the Year - 2021 Canadian Mortgage Awards Industry Service Provider of the Year - 2018 Esri Silver Partner & Special Achievement Award – Geographic Information System Implementation

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