Sr. Sourcing Specialist
- Richmond Hill, ON, Canada
Full-time
Applications open in a new tab.
Job details
- Job type
- Full-time
- Apply by
- Experience
- Minimum 5 years’ experience in finance, procurement, engineering or legal in the software industry with experience in contract negotiations and vendor outreach.
- Posting language
- English
- Posted
Original job description
Opentext - The Information Company
OpenText is a global leader in information management, where innovation, creativity, and collaboration are the key components of our corporate culture. As a member of our team, you will have the opportunity to partner with the most highly regarded companies in the world, tackle complex issues, and contribute to projects that shape the future of digital transformation.
AI-First. Future-Driven. Human-Centered.
At OpenText, AI is at the heart of everything we do - powering innovation, transforming work, and empowering digital knowledge workers. We are hiring talent AI can't replace to help us shape the future of information management. Join us.
YOUR IMPACT
Open Text embeds, bundles and resells a range of technologies that for various business and technical reasons are sourced from third party technology partners rather than developed or acquired outright by the company. On an annual basis, the company spends several $M’s for the licenses, maintenance, and development services associated with these third party technologies.
You will manage the business relationships with these third party partners and work with stakeholders across the organization to ensure that usage of third party technology aligns with the company’s commercial and strategic interests.
What The Role Offers
If you’re ready to shape strategic technology partnerships, negotiate agreements that deliver business value, and help guide how third-party technologies support the organization, we’d love to hear from you. Join us and help strengthen the partnerships that power the business.
OpenText's commitment to diversity and inclusion surpasses legal requirements, evident in our Equal Employment Opportunity Statement of Policy which promotes a respectful and empowering environment for employees of all backgrounds, culture, national origin, race, color, gender, gender identification, sexual orientation, family status, age, veteran status, disability, religion, or other basis protected by applicable laws.
If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please contact us at hr@opentext.com. Our proactive approach fosters collaboration, innovation, and personal growth, enriching OpenText's vibrant workplace.
Compensation: At OpenText, we offer a thoughtfully designed benefits package that supports your physical, emotional, and financial wellbeing. A summary of those benefits can be found on our Why Join Us page. As you move through the hiring process, we’re happy to provide more details about our compensation programs, including variable and commission compensation opportunities for eligible roles, vacation entitlement, and paid time off.
Salary Range: $72,160 - $108,240 Depending on the candidate’s education, experience, skills, geographical location, and alignment with internal equity and external market, actual salary may vary and be higher or lower than the range posted.
AI Usage Disclosure: As part of our commitment to transparency, we use artificial intelligence (AI) tools to assist in various stages of our recruitment process, including resume screening, candidate matching, interview scheduling, and communications. These tools are designed to improve efficiency, reduce bias, and enhance candidate experience. All decisions regarding hiring are made by qualified human professionals, and we continuously monitor our AI systems to ensure fairness and compliance with applicable regulations.
OpenText is a global leader in information management, where innovation, creativity, and collaboration are the key components of our corporate culture. As a member of our team, you will have the opportunity to partner with the most highly regarded companies in the world, tackle complex issues, and contribute to projects that shape the future of digital transformation.
AI-First. Future-Driven. Human-Centered.
At OpenText, AI is at the heart of everything we do - powering innovation, transforming work, and empowering digital knowledge workers. We are hiring talent AI can't replace to help us shape the future of information management. Join us.
YOUR IMPACT
Open Text embeds, bundles and resells a range of technologies that for various business and technical reasons are sourced from third party technology partners rather than developed or acquired outright by the company. On an annual basis, the company spends several $M’s for the licenses, maintenance, and development services associated with these third party technologies.
You will manage the business relationships with these third party partners and work with stakeholders across the organization to ensure that usage of third party technology aligns with the company’s commercial and strategic interests.
What The Role Offers
- On behalf of Engineering and Development, manage the ongoing relationship between the company and third party suppliers and ensuring the obligations of the parties are properly fulfilled.
- Negotiating agreements with business terms that meet organization’s cost and return objectives
- Manage costs through contract negotiation and detailed needs analysis
- Ensuring that prospective and continued usage of third party technologies abide by the company’s acceptable use policies and satisfy the company’s tolerance with respect to commercial, Intellectual Property (IP), contractual, and operational risk.
- Proactively monitor the supplier landscape and recommend appropriate internal responses to market developments such as acquisitions of suppliers and changes in product or strategic direction
- Minimum 5 years’ experience in finance, procurement, engineering or legal in the software industry with experience in contract negotiations and vendor outreach.
- Industry experience in the enterprise software market and/or adjacent technology industries is desirable.
- Self-directed individual with ability to proactively manage concurrent assignments.
- Demonstrated business acumen and judgment.
- Experience in software/services sourcing, procurement or vendor management is desirable.
- Proven ability to work in a highly matrixed and influence-based organizational structure.
- Finance, Engineering and/or Legal background is desirable.
- University degree
If you’re ready to shape strategic technology partnerships, negotiate agreements that deliver business value, and help guide how third-party technologies support the organization, we’d love to hear from you. Join us and help strengthen the partnerships that power the business.
OpenText's commitment to diversity and inclusion surpasses legal requirements, evident in our Equal Employment Opportunity Statement of Policy which promotes a respectful and empowering environment for employees of all backgrounds, culture, national origin, race, color, gender, gender identification, sexual orientation, family status, age, veteran status, disability, religion, or other basis protected by applicable laws.
If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please contact us at hr@opentext.com. Our proactive approach fosters collaboration, innovation, and personal growth, enriching OpenText's vibrant workplace.
Compensation: At OpenText, we offer a thoughtfully designed benefits package that supports your physical, emotional, and financial wellbeing. A summary of those benefits can be found on our Why Join Us page. As you move through the hiring process, we’re happy to provide more details about our compensation programs, including variable and commission compensation opportunities for eligible roles, vacation entitlement, and paid time off.
Salary Range: $72,160 - $108,240 Depending on the candidate’s education, experience, skills, geographical location, and alignment with internal equity and external market, actual salary may vary and be higher or lower than the range posted.
AI Usage Disclosure: As part of our commitment to transparency, we use artificial intelligence (AI) tools to assist in various stages of our recruitment process, including resume screening, candidate matching, interview scheduling, and communications. These tools are designed to improve efficiency, reduce bias, and enhance candidate experience. All decisions regarding hiring are made by qualified human professionals, and we continuously monitor our AI systems to ensure fairness and compliance with applicable regulations.
More about this job
Responsibilities
Manage relationships with third-party technology suppliers on behalf of Engineering and Development, ensuring contractual obligations are fulfilled. Negotiate agreements and manage costs while assessing technology use for policy compliance, commercial value, and risk, and monitor supplier market developments.
Requirements
Requires at least five years of experience in finance, procurement, engineering, or legal within the software industry, including contract negotiations and vendor outreach. A university degree is required; experience in enterprise software, sourcing, procurement, vendor management, and working in matrixed organizations is desirable.
Skills
- Contract Negotiation
- Vendor Management
- Procurement
- Software Sourcing
- Cost Management
- Needs Analysis
- Risk Management
- Intellectual Property
- Commercial Analysis
- Business Acumen
- Stakeholder Management
- Market Monitoring
- Strategic Partnerships
- Influence-Based Collaboration
Visa sponsorship
Not detected in the job text
Categories
- Technology
- Management & Leadership
- Finance & Accounting
- Legal
- Engineering
Keywords
- Third-Party Technology
- Enterprise Software
- Software Industry
- Software Sourcing
- Procurement
- Vendor Management
- Supplier Relationships
- Contract Negotiation
- Commercial Terms
- Cost Management
- Needs Analysis
- Intellectual Property
- Contractual Risk
- Operational Risk
- Acceptable Use Policies
- Technology Partnerships
- Engineering
- Development
- Finance
- Legal
- Market Monitoring
- Strategic Direction
- Matrixed Organizations
- Business Acumen