IT Cloud & Procurement Manager

The IT Procurement and Cost Optimization Manager is responsible for driving strategic IT cost management across the organization. This role ensures cost-effective procurement, contract negotiation, and optimization of IT resources, including cloud services, SaaS applications, software, and hardware. The position involves managing IT spend, ensuring cost accountability, and developing a robust business case for new IT initiatives

KEY RESPONSIBILITIES:

1. Contract and Vendor Management:

• Lead negotiations for IT contracts, including Cloud (AWS, Azure, etc.), SaaS providers, software, hardware, and IT services.
• Develop and maintain strong relationships with vendors to secure favorable terms and ensure compliance with service-level agreements (SLAs).
• Monitor contract lifecycles and ensure timely renewals or renegotiations aligned with business needs.

2. Cloud Cost Optimization:

• Manage and optimize cloud expenditures across AWS, Azure, and other cloud platforms.
• Implement cost-saving measures such as rightsizing, resource scheduling, and usage analytics.
• Collaborate with technical teams to implement FinOps best practices.

3. Financial Management and IT Spend Optimization:

• Oversee the overall IT budget, track expenses, and identify cost-saving opportunities.
• Analyze and report on IT spending patterns, ensuring alignment with business goals.
• Develop financial forecasts and provide recommendations to optimize IT investments.

4. Business Case Development:

• Evaluate and approve new Cloud/SaaS/Software initiatives by developing and validating business cases for expected costs and ROI.
• Collaborate with stakeholders to align IT initiatives with organizational strategy and objectives.

5. Governance and Reporting:

• Establish policies and processes for IT procurement and cost management.
• Regularly report on IT expenditure, cost optimization efforts, and vendor performance to executive leadership.
• Ensure compliance with organizational standards and regulatory requirements.

Qualifications:

Education:

• Bachelor’s degree in information technology, Business Administration, Finance, or a related field. Master’s degree or equivalent experience is a plus.

Experience:

• Minimum of 7-10 years of experience in IT procurement, vendor management, and/or cloud cost optimization.
• Proven track record of managing IT budgets and negotiating contracts with major vendors.
• Experience with financial modelling and business case development.

SKILLS & COMPETENCIES:

• Deep understanding of cloud platforms (AWS, Azure, GCP) and SaaS pricing models.
• Expertise in IT cost optimization, FinOps methodologies, and financial analysis.
• Strong negotiation, analytical, and strategic planning skills.
• Excellent communication and stakeholder management abilities.
• Familiarity with procurement tools and financial management software.

Internal and External stakeholders