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Sourcing and Procurement Lead

varicent · Toronto, Canada · Canada - Remote
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<div class="content-intro"><p> </p> <div class="p-rich_text_section">At Varicent, we’re not just transforming the Sales Performance Management (SPM) market—we’re redefining how organizations achieve revenue success. Our cutting-edge SaaS solutions empower revenue leaders globally to design smarter go-to-market strategies, maximize seller performance, and unlock untapped potential. Varicent stands at the forefront of innovation, celebrated as a market leader in the <em data-stringify-type="italic">2025 Forrester Wave Report for SPM</em>, <em data-stringify-type="italic">2023 Ventana Research Revenue Performance Management (RPM) Value Index</em>, <em data-stringify-type="italic">Gartner Peer Insights</em>, <em data-stringify-type="italic">2024 Gartner SPM Market Guide</em>, and <em data-stringify-type="italic">G2. </em>Our solutions are trusted by a diverse range of global industry leaders like T-Mobile, ServiceNow, Wawanesa Bank, Shaw Industries, Moody's, Stryker and hundreds more. Here’s why you’ll thrive at Varicent:</div> <ul class="p-rich_text_list p-rich_text_list__bullet p-rich_text_list--nested" data-stringify-type="unordered-list" data-list-tree="true" data-indent="0" data-border="0"> <li data-stringify-indent="0" data-stringify-border="0"><strong data-stringify-type="bold">Innovate with Purpose: Build impactful solutions for customers worldwide.</strong></li> <li data-stringify-indent="0" data-stringify-border="0"><strong data-stringify-type="bold">Join Excellence: Work in a diverse, collaborative, and innovative team.</strong></li> <li data-stringify-indent="0" data-stringify-border="0"><strong data-stringify-type="bold">Shape the Future: Lead in redefining revenue optimization.</strong></li> <li data-stringify-indent="0" data-stringify-border="0"><strong data-stringify-type="bold">Grow Together: Unlock your potential in a supportive environment.</strong></li> </ul> <div class="p-rich_text_section">Join us at Varicent—where your talent and ambition meet limitless opportunities for success!</div></div><p> </p> <div> <h2><strong>Summary of the Role and Team</strong></h2> <p>As the Sourcing and Procurement Lead, you will build and lead Varicent’s global procurement, sourcing, and vendor management function. This role serves as the strategic owner of technology and corporate procurement practices, with a particular focus on technology vendors, which represent the majority of company spend.</p> <p>You will establish the governance frameworks, policies, vendor management programs, and operating processes that enable the company to scale effectively while balancing cost, risk, compliance, and business objectives. Working closely with Finance, Legal, Security, Product, Revenue Operations, and executive leadership, you will transform procurement into a strategic business function that drives operational efficiency, vendor performance, and business value.</p> <p>This is both a leadership and builder role, requiring the ability to design a function from the ground up while driving immediate business outcomes.</p> <hr> <h2><strong>What You Will Be Doing</strong></h2> <ul> <li>Develop and execute Varicent’s procurement and vendor management strategy across technology and corporate spend categories</li> <li>Build and lead a scalable procurement function, including governance frameworks, operating models, policies, vendor segmentation, and team development</li> <li>Lead strategic sourcing initiatives, contract negotiations, renewals, and commercial discussions with key vendors and service providers</li> <li>Partner with Security, Legal, Compliance, and Finance teams to manage third-party risk, data privacy requirements, contractual obligations, and vendor performance</li> <li>Establish vendor governance programs, supplier scorecards, and performance management frameworks that support business objectives and risk management</li> <li>Design and implement procurement technologies, AI-enabled workflows, contract lifecycle management processes, and spend visibility programs</li> <li>Provide procurement insights, vendor intelligence, and market trend analysis to support business planning, budgeting, and go-to-market decision making</li> <li>Deliver reporting and recommendations to senior leadership regarding vendor performance, cost optimization opportunities, procurement effectiveness, and business risk</li> </ul> <hr> <h2><strong>What You Bring</strong></h2> <ul> <li><strong>12+ years of experience</strong> in procurement, sourcing, vendor management, supply chain, commercial operations, or a related discipline</li> <li>Experience leading complex vendor negotiations, commercial agreements, and strategic sourcing initiatives with measurable business impact</li> <li>Experience designing procurement processes, governance frameworks, operating models, and vendor management programs</li> <li>Strong financial and analytical skills, including experience developing business cases, cost-benefit analyses, and financial models that support executive decision-making</li> <li>Experience working with procurement platforms, contract lifecycle management systems, enterprise business systems, and third-party risk management tools</li> <li>Experience leveraging AI-enabled tools and automation technologies to improve procurement operations, contract management, spend analysis, or vendor intelligence activities</li> <li>Ability to

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