IT Procurement Analyst/Specialist

IT Procurement Analyst (SubCon)

Position Summary:

We are seeking a Procurement Specialist to join a dynamic team, responsible for handling various procurement activities. This role will focus on managing procurement operations for our diverse client base, acting as part of a center of excellence in procurement. The ideal candidate will be highly organized, possess strong negotiation skills, and be experienced in the entire procurement lifecycle.

Essential Job Functions:

- Lead supplier selection, contract authoring, and negotiations, including the management of procurement workflows, RFX processes, and other procurement-related tasks.

- Analyze client data and technology agreements to identify cost-saving opportunities, providing recommendations based on your findings.

- Negotiate business terms on behalf of clients for software, hardware, and services, with deal sizes ranging from $25k to hundreds of millions.

- Manage the review, negotiation, and initiation of contracts directly with service providers on behalf of clients, ensuring optimal outcomes.

- Handle required reporting for clients, ensuring compliance with procurement policies and procedures.

- Conduct contract research, respond to client queries related to IT agreements, and provide expert guidance on best practices.

- Support contract negotiations through the preparation of RFXs, supplier negotiations, and comprehensive contract review and analysis as necessary.

- Assist in the development of process improvement strategies to enhance contract lifecycle management and procurement efficiency.

Requirements:

- 2 to 4 years of experience in IT procurement, with a strong background in the end-to-end procurement process.

- Solid understanding of industry procedures, costs, and terms, with the ability to manage complex contract negotiations.

- Proficient in Microsoft Office Suite and other relevant procurement tools.

- Strong budgeting and financial analysis skills, with experience in adhering to and managing strict budgets.

- Excellent multitasking abilities, with strong time-management skills and the capacity to prioritize effectively.

- Hands-on experience with RFX processes and supplier management.

- Demonstrated experience in contract negotiations, including drafting, reviewing, and executing procurement contracts.