Senior Analyst - IT Procurement - BFSI

Responsibilities:

- Work in the IT VMO (Vendor Management Operations) team to perform end to end procurement (procure to pay) activities including PR/PO operations, Contracts management, vendor management, RFP/RFQ management using procurement system.

- Assist VMO in ensuring adherence to vendor management policies and processes and its continuous improvement while supporting SLA based operations.

- Liaise with IT vendors and internal clients from across various locations and geographies globally for RFP/RFQ and VMO operations.

- Responsible for working closely with support teams including Invoice Operations, Technology Finance, PMO and various delivery teams; capable of building strong relationships with stakeholders to ensure smooth and effective VMO support to meet strategic objectives.

Contract lifecycle management

- Contracts analysis and gaps assessment

- Contract review and negotiations including engagement with Legal (preferred)

- Contract signing and documentation management

- Contract expiry management

- Vendor database maintenance & due diligence activities in procurement system

- Ensure data maintenance and quality of PRs, Contracts, POs, Vendors, approvals matrix etc. in procurement system

- Configuration of management reporting and data analytics reports for various stakeholders and senior management.

Qualifications:

- Degree holder in procurement or relevant discipline

- Minimum 3 years relevant experience in IT Procurement or Contracts Management in Financial Services Industry

- Working knowledge of procurement and/or vendor management processes is essential

- Sound knowledge of IT industry (hardware, software, services & telecom)

- Sensitive to numbers and details

- Ability to multi-task under pressure

- Excellent communication and organization skills.

- Fluency in English

- Experience in any procurement system is an added advantage