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IT Procurement Specialist



IT, Operations
Posted on Saturday, January 13, 2024
StackAdapt is a self-serve advertising platform that specializes in multi-channel solutions including native, display, video, connected TV, audio, in-game, and digital out-of-home ads. We empower hundreds of digitally-focused companies to deliver outcomes and exceptional campaign performance everyday. StackAdapt was founded with a vision to be more than an advertising platform, it’s a hub of innovation, imagination and creativity.
We are looking for a dedicated, ambitious individual to join our team as Procurement Specialist, IT & Operations. The candidate will join a growing Procurement team to negotiate software, professional services, and supplier agreements, analyze different pricing models, and execute right-sized vendor agreements based on projected ROI and spend forecasts. This role will coordinate sourcing and purchase requests originating from cross-functional depts and will partner with IT, Finance, FP&A, Accounts Payable, Legal, and InfoSec to ensure proper vendor and contract reviews are performed in a timely manner. This role will also assist in benchmarking, reporting and analyses of upcoming renewals and assess redundant spend opportunities.
StackAdapt is a remote-first company. We are open to candidates located anywhere in Canada for this position and encourage those from all backgrounds to apply.

What you'll be doing:

  • Negotiate with vendors to assess various pricing models and execute agreements with favorable terms and discounts without compromising quality or service levels
  • Participate in RFPs with internal stakeholders to identify and understand requirements and ensure depts perform proper business case/ROI analyses for vendor evaluations
  • Build and maintain vendor/contractor relationships with the objectives of eliminating inefficiencies, reducing total costs, and increasing productivity
  • Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, production and distribution capabilities, and the supplier's reputation and history
  • Conduct comprehensive cost analysis, incorporating Total Cost of Ownership (TCO) methodologies to assess supplier pricing and total cost impact to the Business
  • Serves as key contact for internal stakeholders in their area of responsibility while building effective relationships of mutual trust and understanding
  • Partner with Legal and Security to ensure terms are compliant with legal, regulatory, data security, and privacy requirements
  • Uphold standards for purchase agreements, POs, and approval procedures
  • Utilize ZIP for all P2P related tasks such as new purchases, renewals, contract management, vendor onboarding, and purchase order creation
  • Maintain and monitor data regarding contract renewals, open purchase obligations and future commitments
  • Assist in driving and identifying potential cost savings and track cost savings

What you'll bring to the table:

  • Minimum of 6 years of experience in IT procurement with direct, hands-on experience managing and executing sourcing and contracting activities for hardware, software, and professional services
  • Experience and understanding of SaaS, PaaS, software and hardware market, IT Services agreements, 3rd-party solutions providers and technology partners
  • Strong knowledge of IT Supplier base and expert level in negotiating IT contracts
  • Vendor management skills to build solid relationships and hold vendors accountable
  • P2P lifecycle knowledge: contract management, RFPs and procurement best practices
  • Strong organizational and communication skills in order to partner internal and external stakeholder to execute multiple on-going contract negotiations of varying sizes
  • Ability to seamlessly work with and across multiple stakeholders and depts in a high-growth, fast-paced start-up environment
  • Ability to prioritize and plan work across multiple deadlines
  • Analytical thinker and problem solver with troubleshooting skills
  • Ability to understand and interpret contractual terms in agreements
  • Detail-oriented and excellent written communication skills, including ability to prepare accurate documentation, review and proofread for accuracy
  • Experience using Saas procure-to-pay system (Zip experience is ideal, but not required)

StackAdapters Enjoy:

  • Highly competitive salary
  • RRSP matching
  • 3 weeks vacation + 3 personal care days + 1 Culture & Belief day + Birthdays Off
  • Access to a comprehensive mental health care platform
  • Full benefits from day one of employment
  • Work from home reimbursements
  • Optional global WeWork membership for those who want a change from their home office
  • Robust training and onboarding program
  • Coverage and support of personal development initiatives (conferences, courses, etc)
  • Access to StackAdapt programmatic courses and certifications to support continuous learning
  • An awesome parental leave policy
  • A friendly, welcoming, and supportive culture
  • Our social and team events!
StackAdapt is a diverse and inclusive team of collaborative, hardworking individuals trying to make a dent in the universe. No matter who you are, where you are from, who you love, follow in faith, disability (or superpower) status, ethnicity, or the gender you identify with (if you’re comfortable, let us know your pronouns), you are welcome at StackAdapt. If you have any requests or requirements to support you throughout any part of the interview process, please let our Talent team know.
About StackAdapt
We've been recognized for our diverse and supportive workplace, high performing campaigns, award-winning customer service, and innovation. We've been awarded:
2023 Best Workplaces for Women by Great Place to Work®
2023 Best Workplaces in Canada by Great Place to Work®