Strategic Sourcing Manager

Job Description

Manages the Analytics and Reporting team focusing on the U.S. environment of SSG, assigning responsibilities and evaluating results; provides leadership, coaching, counseling and guidance to staff
Resolves escalated issues and problems by conferring with internal and external stakeholders as necessary
Manages key relationships with internal (e.g. sourcing teams) and external stakeholders (e.g. U.S. Finance) for effective performance metrics and sourcing reporting
Supports and participates in the development and implementation of Knowledge Management deliverables into the US environment
Proactively tracks and reports sourcing savings against SSG savings targets in support of the close management of SSG’s performance progress
Supports tracking of contract value realization, and promotes business compliance to regulatory requirements and Company policies and guidelines
Manages preparation of high quality reporting and applicable commentaries on supplier spend, sourcing savings and management performance metrics
Ensures close collaboration with U.S. Finance in working to convert cash savings into P&L saves
Supports supplier spend analysis collaborating with Sourcing teams, business and Finance to identify material savings opportunities for the Bank
Monitors and/or analyzes closely a targeted set of supplier spend data in support of building out the sourcing category focus for SSG
Ensures effective validation of sourcing protocol reports and savings models and methodology, as well as baseline verification for accurate reporting of sourcing savings
Protects TD Bank's interest by escalating and/or resolving pertinent issues
Works closely and collaboratively with the Canadian Analytics and Reporting team for overall reporting of TD’s North American sourcing activities sourcing activities
Develops key performance metrics for the U.S. SSG teams collaborating with the Canadian Team for a North American SSG view
Supports management requests for reporting based on various performance measures/data within the sourcing environment
Ensures processes are in place to provide credible data for analysis and measurement purposes
Manages the research and analysis of new reporting requirements
Monitors actual results and proactively highlight reporting exceptions to management
Oversees measurement and reporting of client satisfaction levels for SSG in support of managing relationship with business partners
Provides data extracts, queries and analytical support to internal and external stakeholders as required
Participates in delivery of applicable Knowledge Management functions to the SSG teams in the US.

Requirements

• 4 Year Degree or equivalent experience
• 3-5 Years of related sourcing experience
• Excellent financial analysis and management reporting skills
• Ability to analyze large volume of information and financial data to develop concise findings for recommendation to stakeholders and/or management
• Excellent verbal and written communication skills
• Strong mind set of value add contribution and continuous process improvement
• Ability to work in a dynamic changing environment
• Proficiency of Microsoft Office Suite of tools
• Good working knowledge of other database software including Microsoft Access
• Knowledge in procurement systems (e.g. Accounts Payable) and experience with supplier spend/relationship are an asset