Responsibilities:
- Manage end to end procurement activities for IT hardware, software, licenses, cloud services, and technology projects
- Coordinate RFQ/RFP processes with vendors and internal stakeholders
- Evaluate vendor quotations, pricing, contracts, and service agreements
- Ensure procurement activities comply with bank policies, audit, and regulatory requirements
- Liaise with vendors for contract renewals, negotiations, and invoice clarifications
- Track software licenses, maintenance renewals, and support agreements
- Support annual IT budgeting and forecasting exercises
- Monitor IT operating expenditure (OPEX) and capital expenditure (CAPEX)
- Perform budget tracking, variance analysis, accruals, and financial reporting
- Process purchase orders (PO), invoices, and payment requests
- Ensure accurate cost allocation and reconciliation with Finance teams
- Prepare management reports and dashboards on IT spending
- Manage a team of IT Procurement & Asset management executives
Requirement:
- Experience in IT procurement, finance operations, or vendor management
- Understanding of budgeting, invoicing, PO processes, and financial controls
- Knowledge of software licensing and IT asset procurement
- Familiarity with procurement systems and ERP platforms such as SAP, Oracle, Ariba, or Coupa
- Strong Excel and reporting skills
- Understanding of banking governance and compliance processes is advantageous
- Experience within banking or financial services environment
- Exposure to cloud procurement, infrastructure contracts, or technology project finance
- Knowledge of contract management and vendor negotiations
- Experience in IT Software & hardware Procurement in a banking environment with experience in Vendor Management, Budgeting & Forecasting, CAPEX / OPEX, preparing Purchase Orders, Invoice Processing & Contract Management.
EA Reg. No. 25C2690 | EA License No. R1330510
