Role Objectives: We are seeking a skilled IT VM, Fincon & Asset Management Specialist to oversee the IT procurement process and evaluate vendor performance in line with contracts and SLAs. This role involves supporting contract negotiations, managing IT budgets, and maintaining accurate asset inventories.
What You Will Do:
- Manage and document all vendor contracts, ensuring timely renewals and compliance with company policies.
- Execute IT procurement processes and evaluate vendor performance against established criteria.
- Track IT budget expenditures and prepare monthly financial reports for management review.
- Develop and manage the annual budget in alignment with approved expenditures and financial goals.
- Maintain and manage IT asset inventories, including processes for receipt, distribution, and disposal in accordance with company policy.
- Regularly update and report on IT asset inventory data to reflect current status and changes.
- Collaborate with cross-functional teams to assess procurement needs and optimize vendor relationships.
- Conduct market research to identify potential vendors and assess competitive offerings.
- Assist in the development and implementation of IT policies and procedures related to vendor management and asset tracking.
- Provide support during audits and ensure compliance with relevant regulations and standards.
- Analyze financial reports to identify trends, discrepancies, or areas for improvement.
What You Need to Have
- Bachelor's degree in Accounting, Finance, or a closely related field.
- Minimum 4-5 years of experience in IT vendor management, project management, asset management, and finance.
- Ability to comprehend and interpret legal contract language.
- Strong documentation and contract tracking skills.
- Experience in preparing and managing IT budgets, with a solid understanding of financial planning and analysis.
- Proficient in asset tracking and lifecycle management.
- Understanding of the complete lifecycle of IT vendor management, projects, asset management, and finance.
- Familiarity with capital expenditure (Capex), operational expenditure (Opex), and accrual accounting principles.
- Strong analytical and problem-solving abilities.
- Excellent communication and negotiation skills.
- Ability to work collaboratively across different departments and with various stakeholders.
