Contracting and Sourcing Specialist

LCBO•Toronto, ON

4d•Onsite

About The Position

Reporting to the Director, Procurement Services, the Contracting and Sourcing Specialist will lead and execute the end-to-end contracting process for technology goods and services that support the IT Division. You will source and contract across multiple IT categories (e.g., SaaS, software licensing, development, hardware, hosting, and professional/ managed services). You will also lead contract development using LCBO templates. You will manage supplier negotiations and support project timelines. Additionally, you will leverage LCBO's procurement and contract lifecycle management tools, such as SAP Ariba and Icertis, to streamline processes and improve visibility and help drive value in technology investments. Lead the end-to-end contracting process for technology goods and services, from intake through execution. As appropriate, lead pre-contract sourcing activities and collaborate closely with procurement specialists to ensure alignment and readiness during contracting phases. Draft, redline, and negotiate contract terms within technology contracts including SaaS, software licensing, development, hardware, hosting, professional/ managed services, SOWs, amendments, using LCBO templates and standards wherever possible, or supplier provided agreements. Secure favorable commercial terms (pricing, discounts, SLAs, service credits, termination rights) while protecting LCBO’s interests. Identify and mitigate commercial, legal, operational, and regulatory risks in collaboration with IT, Procurement, Legal, Finance, and other SMEs. Actively oversee contract lifecycles, including expirations, renewals, and extensions, to drive timely contract decisions to support IT project timelines and operational needs. Use SAP Ariba and Icertis to manage workflows, track progress, maintain visibility, and ensure audit-ready contract documentation. Work closely with IT, Procurement, Legal, Finance, and other SMEs to clarify requirements and ensure contracts meet LCBO standards. Provide guidance to business partners on contract structures, pricing models, risk considerations, and negotiation strategies. Maintain accurate and audit-ready contract records, renewal information, and obligations within sourcing and contracting platforms. Support supplier compliance with contract terms and help coordinate resolution of issues with business partners, including IT Vendor Management.

Requirements

Post-secondary degree in Business, Law, Public Administration, Supply Chain, or a related field.
3+ years of experience in procurement, contract management, commercial negotiation, or a related field.
Experience drafting, reviewing, and negotiating technology contracts (e.g., SaaS, software licensing, development, hardware, hosting, professional/managed services).
Experience negotiating IT commercial constructs (SLAs, service credits, benchmarking, audit rights, price protection).
High level of attention to detail, accuracy, and consistency in contract review.
Critical thinking and analytical skills to assess risks, interpret contract language, identify improvement opportunities, and provide clear recommendations.
Experience using procurement or contract management systems (e.g., SAP Ariba, Icertis, DocuSign, or similar platforms).
Ability to assess pricing models and metrics (subscription, consumption-based, milestone billing, T&M, fixed-fee) and evaluate commercial implications.
Effective communication and creative stakeholder engagement with the ability to break down barriers and promote new approaches.
Ability to develop and maintain collaborative relationships with IT, Legal, Procurement, and cross-functional partners while navigating differing priorities and requirements.
Organizational and time-management abilities with the capacity to manage multiple contracting priorities of varying complexities.

Responsibilities

Lead the end-to-end contracting process for technology goods and services, from intake through execution.
Lead pre-contract sourcing activities and collaborate closely with procurement specialists to ensure alignment and readiness during contracting phases.
Draft, redline, and negotiate contract terms within technology contracts including SaaS, software licensing, development, hardware, hosting, professional/ managed services, SOWs, amendments, using LCBO templates and standards wherever possible, or supplier provided agreements.
Secure favorable commercial terms (pricing, discounts, SLAs, service credits, termination rights) while protecting LCBO’s interests.
Identify and mitigate commercial, legal, operational, and regulatory risks in collaboration with IT, Procurement, Legal, Finance, and other SMEs.
Actively oversee contract lifecycles, including expirations, renewals, and extensions, to drive timely contract decisions to support IT project timelines and operational needs.
Use SAP Ariba and Icertis to manage workflows, track progress, maintain visibility, and ensure audit-ready contract documentation.
Work closely with IT, Procurement, Legal, Finance, and other SMEs to clarify requirements and ensure contracts meet LCBO standards.
Provide guidance to business partners on contract structures, pricing models, risk considerations, and negotiation strategies.
Maintain accurate and audit-ready contract records, renewal information, and obligations within sourcing and contracting platforms.
Support supplier compliance with contract terms and help coordinate resolution of issues with business partners, including IT Vendor Management.