Large corporation located in Vaughan requires a hands-on Procurement Manager.
Responsibilities:
Financial Oversight & Gross Profit Management
- Monitor gross profit (GP) daily and weekly across food product categories
- Identify root cause of loss in real time
- Accrue losses throughout the season and maintain accurate running totals by commodity group
- Provide financial support and guidance to category directors/managers to ensure weekly GP targets are met
- Report directly to CEO and senior executives on category financial performance and recovery status
Vendor Management on any Claim
- Build, support, and execute any vendor claims to recover losses resulting from quality failures, spec deviations, poor pack-out performance, and other claimable events
- Conduct end-of-season reconciliations, coordinating multi-million-dollar settlements with key vendors
- Maintain thorough documentation, evidence packages, and support files for all submissions
- Negotiate any claim outcomes in partnership with category directors and senior executives for cause
Purchase Order Review & Sign-Off
- Review and sign-off for all Purchase Orders (PO) prior to payment
- Verify accuracy of freight charges, currency allocations, and cost line items on every PO
- Identify and correct invalid charges that would impact gross profit
- Liaise with logistics and category teams to ensure POs reflect actual contracted terms
Vendor Advance & Payment Management
- Manage vendor advance payment schedules, aligning advances with loading schedules and product receipt
- Monitor payables and inbound loading activity to ensure advances are appropriately backed by product flow
- Manage advance commitments and accruals to established programs
Offshore Program Planning
- Support the planning and development of the offshore procurement program (Peru, Chile, Brazil, etc.)
- Analyze historical data year-over-year to inform volume planning and vendor allocation decisions
