About the Role
This newly created role is for a Senior IT Procurement Analyst responsible for the procurement of all software, hardware, and services. The analyst will develop procurement strategies, manage vendor agreements, and drive cost efficiencies, playing a key role in maximizing organizational value while ensuring compliance and strong supplier relationships.
Responsibilities
- Lead procurement efforts across all departments, including IT, Marketing, HR, and Sales.
- Act as the lead negotiator for high-value procurement initiatives.
- Collaborate with cross-functional teams to understand business requirements and provide strategic procurement insights.
- Build vendor partnerships and evaluate performance, ensuring accountability to SLAs and contract terms.
- Identify opportunities for cost savings and risk mitigation through strategic renegotiations and process improvements.
- Oversee the entire lifecycle of vendor contracts, from drafting and negotiation to renewal and termination.
- Maintain a centralized repository for contracts and proactively manage expirations and renewals.
- Analyze spending data to track trends, forecast needs, and achieve budget objectives.
- Report on procurement KPIs, savings achieved, and key negotiation successes.
- Develop company-wide procurement policies and workflows.
- Implement tools and technologies, such as ServiceNow's Procurement and Sourcing Operations product, to improve efficiency and transparency.
- Ensure all procurement activities comply with applicable regulations and internal policies.
- Mitigate risks associated with vendor contracts, supply chain disruptions, and procurement decisions.
Requirements
- Experience in high-value procurement, preferably in a multi-departmental or enterprise-level company.
- Experience in a source-to-pay environment.
- Proven negotiation track record and ability to lead complex discussions.
- Expertise in optimizing procurement processes and driving efficiency.
- Comfortable with various procurement tools and platforms, including ServiceNow.
- Advanced proficiency in Excel and data analysis tools.
- Knowledge of services and support needed with hardware installation or software implementation.
- Ability to negotiate group licensing agreements and leverage knowledge to reduce purchase price.
- Curious and innovative, seeking new ways to increase efficiency.
- Detail-oriented, organized, and adept at managing multiple priorities in a dynamic environment.
- Ability to stay ahead of deadlines.
- Thrive in a collaborative role and can work independently, taking ownership of deliverables.
- Professional communication skills and confidence to make counter offers, ask for discounts, and advocate for the business.
- Ability to build trusting, influential relationships with internal and external stakeholders.
- Experience educating departments on procurement processes and systems.
- Patience to guide the work of others and appreciation for diverse backgrounds and perspectives.
- Possess 70% of the listed qualifications.
Skills
- Negotiation
- Data Analysis
- Contract Management
- Process Optimization
- Vendor Management
- Excel
- ServiceNow
- Spanish (advantageous)
Location
- Toronto
Work Type
- Full-time
- Hybrid
Experience Level
- Senior
Education Level
- Certified Professional in Supply Management (CPSM) (preferred)
- ITIL certified (preferred)
Salary/Compensations
- $90,000 - $110,000
Benefits
- Flexible work environment
- Meal credit for in-office days
- Free massage with an RMT in-house every eight weeks
- Life insurance
- Accidental Death & Dismemberment (AD&D) insurance
- Long-term disability insurance
- Prescription coverage
- Dental coverage
- Vision coverage
- Mental health coverage
- Professional health services coverage
- Workplace advisor access
- Vitality Wellness app access
- $300 annual healthcare spending account
About the Company
- illumin is transforming the advertising landscape with an integrated platform for journey planning, execution, and reporting.
- The platform empowers marketers through real-time data and visual tools, combining media planning and buying for campaign control and personalized insights.
- The company is evolving into a product-led organization with over 100 employees and new leadership.
- illumin focuses on data, AI capabilities, and people development to redefine journey advertising.
- Core beliefs include the paramount importance of execution and the value of people.
- Seeking team members with a bias for speed, delivery over perfection, and an entrepreneurial mindset.
- Joining illumin offers a chance to be part of a significant transformation.
Equal Opportunity
- illumin is firmly committed to diversity within its community and welcomes applications from racialized persons/persons of colour, Indigenous People of North America and the world, persons with disabilities, 2SLGBTQIA+ persons, and those who may contribute to the further diversification of ideas.
- We are committed to providing equitable opportunities in employment and to providing a workplace which is free from discrimination and harassment.
- We are equally committed to providing an inclusive and accessible workplace.
- If you require accommodations at any stage of the interview process, please email us at hr@illumin.com.
