Manager, Contract Management & Sourcing
Strategic Sourcing Group – Boston, MA, US
Req ID: 0420047
Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.
The Manager, Contract Management & Sourcing reports to Head of Global Legal Support & Management Consulting, Procurement and is responsible for the end-to-end execution of the sourcing process for small to medium-size and complexity sourcing and contracting initiatives. Under direction of the Category Manager, the incumbent develops sourcing strategies, coordinates supplier selection and leads contract negotiations consistent with an overall category strategy and business unit objectives. The Sourcing Manager will lead project teams that include business unit partners, subject matter authorities and Sourcing Analysts.
What type of work will I do?
Lead cross-functional teams to execute on low to medium value/complexity sourcing projects and contracting efforts. Create sourcing strategy, conduct analysis and negotiations.
Influence requirements from business partners to evaluate and select suppliers
Manage sourcing resources and engage subject matter authorities (such as legal, risk and finance) in support of a specific set of commodities and/or a business line
Provide sourcing thought leadership and day-to-day oversight of resource activities
Work on the accuracy of contract archives
Track expirations of existing contracts and develop work plan for renewals, interact with legal and drafting teams to incorporate results of negotiations into contract documents
Provide supporting analytics to finance team to validate realized savings
Lead relations with key business partners and project owners to develop/maintain strong working relationships
Support vendor managers in execution of business led initiatives as needed
What will be expected from Me?
Post-secondary education (business preferred) and 6+ years of progressive business experience in global supply chain management and/or vendor management and/or contract management
Experience leading a large-scale operation in a related industry
Sourcing and procurement principles and standard methodologies knowledge
Experience and expertise with supplier contractual terms and conditions to mitigate legal and business risk
Experience with sourcing and procurement systems and tools
Analytical and negotiating skills
Skilled communicator – communicates complexity with transparency and ease; articulates a clear view of concepts, ideas, and objectives; able to work with different partners at all levels; represents the company externally with confidence; skilled in both oral and written communication.
Collaborator – shares resources and uses knowledge across the organization; builds and nurtures an extensive network.
Strong ability to work with and influence a variety of partners
Knowledge of relevant legislative and regulatory requirements relating to management of third party outsourcing
We bring a bold ambition and set of goals to drive transformation in our industry, a mission for “Decisions made easier. Lives made better”, a leadership team dedicated to your growth and success as well as our best, every day!
This position can be located in Boston, Toronto or Montreal.
JOHN HANCOCK IS AN EQUAL OPPORTUNITY EMPLOYER – AA/F/M/D/V
If you are ready to unleash your potential, it’s time to start your career with Manulife/John Hancock.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers.
As of March 31, 2020, we had $1.2 trillion (US$0.8 trillion) in assets under management and administration, and in the previous 12 months we made $30.4 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong.
Manulife is an equal opportunity employer. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention and advancement and we administer all of our practices and programs based on qualification and performance and without discrimination on any protected ground.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request any accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.