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At Coast Capital, we’re not dreaming about a better future, we’re building one.

As a member-owned cooperative, we’re helping our members with their real goals and real challenges so they can live the real life they want. It’s what we’ve been doing for over 80 years, and it’s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community – almost $90 million since 2000 alone – because when our members do well, we believe our communities should do well too.  

Strategic Sourcing Lead

Location: British Columbia (CA-BC)  

Job Type: Full Time 

Pay Grade: 10 

Posting End Date: [[end]] 

myWork Options: In-person, Hybrid, Remote

 

Coast Capital: Building Better Futures Together

 

What’s the Job?

The Strategic Sourcing Lead role is responsible for driving the end-to-end strategic sourcing process including portfolio management specifically over a single or multiple sourcing categories (ie. Professional Services, Managed Services and Facilities/Real Estate). This role will lead market analysis, product analysis, category development, sourcing, negotiation, contract development, implementation and administration of goods and services contracts. This role will also lead cross functional teams of internal customers through complex planning and interdependencies necessary for effective sourcing of multiple categories of goods and services, and is accountable for ensuring alignment with Coast Capital’s strategic objectives and guidelines and compliance with policies and procedures. The incumbent will drive lowest total cost of ownership and ensure enterprise effectiveness and benefits.

 

What you’ll get to do:

  • Responsible for the full process of sourcing of category including all planning, strategy, research, project management, negotiation and ongoing management of a wide range of goods and services contracts for the category (including Professional Services, Managed Services and Facilities/Real Estate).
  • Implements the processes for the selection, appraisal and management of the sourcing category including methods of research and approach to making strategic recommendations, advising senior management of all potential efficiency gains, cost savings and service improvement options. Includes conducting cost / benefit analysis and feasibility studies.
  • Determines strategic sourcing strategy, identifies required skills, knowledge and abilities and defines roles and responsibilities of project stakeholders
  • In conjunction with the user departments, determines the appropriate sourcing methodology, develops related documents; assists in the preparation of selection criteria, weights and decision matrices; arranges for selective competitive processes and facilitates complex evaluations
  • Manages strategic sourcing project plans: tracking, monitoring, and communicating project progress, requirements, quality measures, controlling of scope, and change control processes
  • Drafts negotiation plans and contracts according to precedent and current legal contract standards; researches and obtains information and material required from a variety of sources.  Completes extensive reviews of new contracts and performs ongoing reviews of existing contracts and contract renewal requests
  • Independently, or in conjunction with user departments, interviews suppliers, leads and governs negotiation for optimal commercial and legal terms
  • Develops and drives the processes for sourcing events, requests for proposals, purchase orders and contracts. Follows legal contract standards and applies appropriate clauses including, but not limited to, limits of liability, indemnification, confidentiality, security, audit and insurance.
  • Manages complex information and category product and service requirements, performs market research and analysis, provides optimal cost and benefit recommendations to stakeholders creates estimates and forecasts and identifies cost reduction strategies.
  • Reports on actual costs, negotiation opportunities and overall strategic plan for sourcing, logistics and return on investment (ROI)
  • Maintains strategic sourcing records and prepares summary statistical and information reports
  • Ensures compliance with sourcing and financial policies and procedures so that commercial, financial and service delivery risks are mitigated wherever possible.  Ensures compliance to existing contracts and service levels
  • Demonstrates an excellent understanding of the corporate strategies, goals, and objectives by delivering the business benefits defined by them.
  • Builds, optimizes and leads sourcing category portfolio, including maturing the category data, reporting and overall governance

 

Who we are looking for:

Minimum Job-Related Experience

  • Minimum 7+ years of Job Related Sourcing/Procurement/Vendor Management Experience with demonstrable experience in conducting strategic sourcing events, managing complex product and service contract negotiations and;
  • Minimum of 5 years of related experience working within or in support of the sourcing category of of Professional Services or Managed Services or Facilities/Admin. Advanced to expert experience with software and contract billing models and negotiations. 
  • Undergraduate degree in a related field such as Commerce or Business Administration is required
  • Related designations such as Supply Chain Management Professional (SCMP), is preferred
  • Certified Professional Accountant (CPA) or Project Management Professional (PMP), or comparable are preferred
  • Demonstrated knowledge of federal and provincial tax laws and International Financial Reporting Standards.
  • Strong knowledge and experience in category management, strategic sourcing and related leading edge techniques with verifiable evidence of significant results
  • Considerable knowledge of contract law, competitive bidding laws, negotiation and corporate insurance.
  • Considerable knowledge of the market and industry intelligence
  • Demonstrated knowledge of and proficiency with sourcing enterprise technologies, including hardware, software, services and telecommunications.
  • Expert knowledge of leading edge procurement & sourcing strategies, market analytics, total cost of ownership trends, business conditions and governmental regulations affecting the work.  Strong mathematical aptitude, analytical ability, accuracy and thoroughness.
  • Ability and experience preparing documents used in competitive processes and in contracting for a variety of goods and services.
  • High standards of ethics and professionalism.
  • Ability to establish and maintain effective professional and respectful working relationships with internal and external contacts at various levels within the organization as well as across a variety disciplines.
  • Strong decision-making, problem-solving, work planning, negotiation and conflict resolution skills with the ability to prioritize effectively skills.
  • Good written and oral communication skills; able to present information in a clear and concise manner.
  • Maintains a valid driver's license for the Province of British Columbia with a clean driving record.
  • Ability to effectively lead and facilitate procurement and contracting projects to successful completion in co-operation with external suppliers and internal stakeholders at all levels in the organization and across a variety of disciplines.
  • High level of demonstrated emotional intelligence and deep experience leading cross-functional teams to develop and deliver strategic sourcing solutions.

 

At Coast Capital, we value diversity, equity and inclusion. We’re not all the same and we like it that way. We don’t just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

Why join Coast Capital?

Purpose is our North Star.  We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.

Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we’re doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.

A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.

Work where you’re most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.

Benefits that flex to the needs of you and your family.  We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.

Retirement options. We also take care of our employees once they retire. That’s why we offer the choice of a defined contribution or defined benefit pension plan or RSP’s.

Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.

Real recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year.  We’re human, which means we like to have fun with events, celebrations, and recognition throughout the year.

An award winning culture. We’re a Platinum member of Canada’s Best Managed Companies and are regularly recognized by Canada’s Most Admired Corporate Cultures and the BC Top Employers Awards.

We reinvest 10% back into the community. When we do well, our communities do well. That’s why since 2000 we’ve invested over $90 million into our member’s communities. 

Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

Equity, Diversity & Inclusion at Coast Capital

At Coast Capital, we value diversity, equity and inclusion. We’re not all the same and we like it that way. We don’t just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

COVID-19 at Coast Capital

Coast Capital Savings is committed to the health and safety of our employees, member, and communities. With this commitment in mind, Coast Capital complies with all public health mandates (provincially and/or federally, as applicable) and has implemented various safety measures, including requiring all employees to be fully vaccinated against COVID-19, and making COVID vaccination a pre-condition to employment with Coast Capital. All successful applicants must provide acceptable evidence of full vaccination against COVID-19, before any contract of employment becomes final and binding, and before your start date can be set.

Exceptions may apply where vaccination is not possible for medical or religious reasons that are protected under Canadian human rights laws. Should successful applicants require a medical or religious accommodation related to vaccination please discuss whether an exception may apply with your Talent Acquisition Advisor.

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