Assurance Specialist

Overview

Ensures contract compliance, governance, and financial recovery for commercial contracts.

Key Responsibilities

• contract administration
• assurance review
• compliance monitoring
• financial recovery
• governance metrics
• stakeholder collaboration

Tasks

The Assurance Specialist plays a key role in maintaining effective governance, compliance, and performance across all commercial contracts. This position ensures that all contractual obligations are met, risks are managed, and financial recoveries are optimized through detailed assurance reviews, stakeholder collaboration, and continuous process improvement. -Promote a respectful, inclusive, and equitable work environment free from discrimination and harassment. -Ensure effective governance and compliance across all commercial contracts in accordance with organizational policies and regulatory requirements. -Contribute to reports highlighting assurance practices, cost savings, and special findings for senior management. -Develop evidence-based recommendations to enhance governance frameworks and strengthen commercial assurance. -Coordinate day-to-day post-award contract administration and pre-award activities for complex, high-value construction, engineering, and design/build contracts in line with corporate procurement policies. -Identify, investigate, and resolve overpayments, discrepancies, or non-compliance issues to recover costs and prevent financial risk. -Review and recommend revisions to statements of work, scopes of services, and technical specifications. -Respond to supplier inquiries or complaints, representing the organization’s position professionally while fostering positive relationships. -Conduct assurance reviews and internal audits, preparing clear findings and escalation reports for management. -Drive continuous improvement of contract management processes, promoting transparency, accountability, and operational efficiency. -Collaborate with vendors, contractors, and internal stakeholders to validate findings, negotiate corrections, and align on revised payment terms. -Maintain accurate QA and assurance documentation to ensure audit readiness. -Monitor, analyze, and manage contract performance to confirm fulfillment of obligations and accuracy of payments. -Chair negotiation meetings for non-compliance matters, documenting minutes and ensuring agreed resolutions. -Collect, analyze, and report on key governance metrics (e.g., compliance rates, documentation completeness). -Provide expert guidance to end users and staff on contract administration practices.

Requirements

• contract management
• risk management
• cips
• negotiation
• financial analysis
• public sector

What You Bring

-Strong understanding of procurement, engineering, or construction contract principles and union/trade agreements. -Exposure to internal audits, quality assurance, or risk management functions. -Excellent organizational and multitasking skills with the ability to manage competing priorities. -Knowledge of the Ontario Human Rights Code and accessibility requirements. -Professional certification in contract or commercial management (e.g., CIPS, IACCM/WorldCC). -Familiarity with contract management or enterprise content/document management systems. -Completion of a university degree or college diploma in Business, Commerce, Supply Chain Management, or a related discipline. -Strong expertise in contract management, governance, and commercial assurance with proven ability to interpret complex contractual terms. -Minimum 3 years of experience in contract management, assurance, or related functions—preferably in the public sector. -Experience within public sector or transit contract environments. -Skilled negotiator with proven ability to resolve discrepancies and secure vendor alignment. -Advanced analytical and numerical skills for financial reviews and payment validation.

People Also Searched For

Benefits

Location: North York, ON – Hybrid 2-3 days per week Contract Duration: 6 months with a possibility of extension (option to extend by an additional 2+ years)

About Morson Talent (Canada & Usa)

-Offers recruitment, engineering, consultancy, training, and screening services. -Specializes in sectors like aerospace, marine, nuclear, power, rail, and advanced manufacturing. -Founded in 1969, expanded into Canada and the USA by acquiring CTSNA in 2018. -Revenue exceeds $1.3 billion annually with a global presence in over 40 offices. -Ranked as the third-largest engineering staffing firm globally. -Provides tailored talent solutions with emphasis on power generation, transmission, and defense sectors. -Partners with renowned organizations to provide sustainable and innovative workforce solutions.

Sector Specialisms