Intern Procurement

## About the Role As a Procurement Intern at Wealthsimple, you will play a critical support function in streamlining high-volume, low-value purchasing transactions and improving data hygiene across the company's systems. This is a 4-month term that will run from May 11 - August 28. You will be part of the Finance team, which is responsible for managing the company's vendor spend, ensuring the best value from vendors while maintaining compliance and mitigating risk. The Procurement team acts as strategic partners to all departments, supporting everything from software licensing to professional services. They focus on efficiency and scalability, constantly working to optimize purchasing processes so that teams have the tools they need when they need them. In this role, you will have the opportunity to contribute to projects that are changing the landscape of financial services for Canadians. You will be on a team that supports your growth, provides mentorship, and connects you to the broader Wealthsimple community.

## What You Will Do - Assist with the end-to-end processing of agreements, including new purchase requests and subscription renewals.

• Serve as the final checkpoint to close off requests and ensure accuracy and compliance.
• Support the Spend Under Management transformation by helping ensure all vendor invoices are backed by an approved Purchase Order before payment.
• Coordinate intake within the e-procurement software (Zip), managing the intake and routing process and ensuring all documentation is complete.
• Drive supplier e-invoicing adoption by onboarding vendors onto the Zip supplier portal, providing hands-on support to improve compliance and reduce manual invoice processing.
• Proactively engage with internal requesters and external vendors to resolve information gaps, obtain necessary approvals, and accelerate the purchasing cycle.
• Partner with Accounts Payable to accurately enter invoices into the company's systems, ensuring timely and compliant payment processing.
• Monitor open POs for available funds, proactively flagging and resolving POs at risk of running out of budget before transactions are complete.
• Maintain records of vendor communications and request statuses, and support the generation of basic reports on request cycle times and procurement bottlenecks.

## What We Are Looking For - Currently enrolled as a student at a Canadian post-secondary institution or technical bootcamp.

• New graduates - within 6 months of your graduation date.
• Available to work full-time hours.
• Residing in Canada and able to commute to the Toronto HQ on Wednesdays and Thursdays.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work in a fast-paced environment and prioritize tasks effectively.
• Experience with procurement software and systems.
• Knowledge of accounting principles and financial regulations.

## Nice to Have - Experience in a procurement or finance role.

• Certification in procurement or a related field.
• Familiarity with e-procurement software, particularly Zip.

## Benefits and Perks - Competitive salary range of $42,000 - $52,000.

• Opportunity to work with a leading fintech company in Canada.
• Collaborative and dynamic work environment.
• Hybrid work model with flexibility to work remotely and in-person.
• Access to professional development and growth opportunities.
• Comprehensive benefits package, including health and dental insurance.
• Generous paid time off and vacation days.
• Remote work stipend and equipment allowance.

- To stand out in your application, highlight any experience you have with procurement software and systems, and be prepared to provide examples of how you have applied analytical and problem-solving skills in a fast-paced environment.

• Make sure to research Wealthsimple's company culture and values, and be prepared to discuss how you align with them.
• Review the job description carefully and be prepared to speak to each of the key responsibilities and requirements.
• Consider creating a portfolio or sample project that demonstrates your skills and experience in procurement.
• Don't be afraid to ask questions during the interview process, and be prepared to discuss your salary expectations and requirements.
• Be aware of the company's hybrid work model and be prepared to discuss your ability to work effectively in a remote and in-person environment.