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Vendor Sourcing Specialist (12 Month Contract) at Achievers · Toronto
Skills
Job Description
The Vendor Sourcing Specialist is responsible for sourcing and contracting with new vendors that will provide rewards as part of our marketplace. The Vendor Sourcing Specialist will have to have a deep knowledge of B2B incentive market. This role focuses on the full vendor acquisition cycle, including sourcing, negotiating, and contracting with vendors.. The Vendor Sourcing Specialist will own the relationship with vendors post launch and ensure compliance with internal teams' requirements, such as Information Security, Finance, and Legal.
How you'll shape Professional Services at Achievers:
Vendor Sourcing
Source new vendors based on the Achievers’ strategic direction.
Establish and refine preliminary vendor requirements, ensuring vendors meet the Achievers’ compliance standards in areas such as information security, financial stability, and legal obligations.
Conduct initial assessments and audits of vendor capabilities
Conduct market research to identify potential vendors that align with business objectives and customer needs.
Act as the primary point of contact for new vendors, leading them through the launch process.
Negotiating and Contracting
Lead negotiations with vendors to secure favorable terms and conditions.
Work closely with internal teams to ensure all necessary agreements are signed and executed promptly.
Own vendor relationships post-launch, maintaining ongoing communication and managing any issues that arise.
Cross-Functional Coordination ****
Collaborate with Information Security, Finance, Legal, and other relevant departments to ensure that new vendors meet all internal requirements.
Work closely with the Vendor Onboarding Specialist to ensure a smooth vendor integration process.
Liaise with internal stakeholders to ensure vendor products meet customer and business needs.
Continuous Improvement
Provide feedback on market trends to inform future sourcing strategies.
Suggest and implement improvements to the vendor sourcing process, ensuring efficiency and scalability.
Stay up to date on industry trends and vendor best practices to drive innovation and improvement.
Experience we feel will set you up for success:
Bachelor’s degree in business, Supply Chain Management, or a related field.
5+ years of experience in vendor sourcing, procurement, or a similar role.
Proven track record in successful negotiation and vendor management.
Understanding of the global incentive market.
Strong understanding of contract management and legal compliance.
Excellent communication and relationship management skills.
Ability to manage multiple vendors and projects simultaneously.
Experience collaborating with cross-functional
Strong organizational skills and attention to detail.
Why Achievers is a Great Place to Work ™
At Achievers, we believe recognition is a powerful driver of connection. With more than 4.3 million users across 190 countries, our employee recognition and rewards platform empowers organizations to build cultures where people feel seen and valued, everyday. We’re a team of passionate, thoughtful builders who care deeply about our product, our customers, and each other. Visit achievers.com to see how we’re inspiring recognition everywhere.
Our Approach to Total Rewards
We’re committed to providing a fair and competitive offer based on what you bring to the team. Each A-Players' compensation is reviewed at least annually against performance and impact in role. We want you to see your path to growth, understand your impact, and feel valued every step of the way.
$56,000 to $70,000 reflects what we reasonably expect to offer for this role based on current market data. The final offer will depend on several factors, including your skills, experience, and any relevant certifications. As with all market-based ranges, these numbers may evolve over time, but we’re committed to providing a fair and competitive offer based on what you bring to the team.
Benefits and Perk s for permanent full-time employees:
✨ Rewards for your impact through our Recognition and Rewards program
🤝🏽 Employee and Family Assistance Program offering mental health, legal, and financial counselling
🚀 Supported professional development and career growth (Linkedin Learning, mentorship)
👏🏼 Employee-Led Employee Resource Groups that celebrate our diversity
🧘♀️ Regular events designed to build connection, belonging, and well-being
🇨🇦 Hybrid flexibility, with time in our beautiful Liberty Village, Toronto office
Achievers is proud to be an equal opportunity employer committed to building a diverse, inclusive workplace where everyone can do their best work. We encourage qualified candidates from all backgrounds and experiences to apply.
Achievers is committed to ensuring an inclusive and accessible recruitment process for all candidates. If you require any accommodations for your interview, such as assistive technology, wheelchair accessibility, or alternative formats of materials, please let us know. We are happy to make necessary arrangements to support your needs.