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IT Vendor Management Financial Analyst

V-Soft Consulting Group, Inc.

This is a Full-time position in Newark, DE posted November 25, 2021.

IT Vendor Management Financial Analyst

Primary Location: Newark, Delaware

V-Soft Consulting is currently seeking IT Vendor Management Financial Analyst client in Newark, Delaware.

This is a contract position in medical device industry.

Education and Experience »
MBA in business related discipline – accounting or finance concentration preferred.
5+ years of professional experience of concentrated in finance, business investments with an emphasis on analytical work.

Knowledge, Skills and Abilities »
Strong analytical, critical thinking, and problem solving skills with a track record of execution against deliverables.
Solid organizational and project management skills with demonstrated ability to manage expectations and deliver results in a fast paced environment.
Extraordinary modeling skills with the ability to challenge/validate assumptions.
Strong interpersonal and communication skills, creative thinker with ability to simplify concepts and create or oversee the creation of PowerPoint.
Highly motivated, self
– directed and exceptional written and verbal communication skills.

Ability to communicate succinctly and efficiently, comfortable interacting with senior leadership.
Demonstrated abilities with track record of driving results through IT and cross-functional organizations.
Solid understanding of key strategic frameworks/financial concepts and application.
Ability to work effectively across enterprise functions (ex, IT Finance, IT PMO, Legal and Procurement) and with senior leadership.
Organizational ability
– Ability to handle numerous deliverables simultaneously, many with critical deadlines.

Must be comfortable with frequently changing priorities.

WHAT YOU’LL DO:

Job Responsibilities:
Develop clear, analytical executive-level presentations of process improvement recommendations and KPI reporting for spend in related space.
Manually cleanse & categorize data sets across the category taxonomy.
Validate, sort and “clean” data from third parties in to usable format for IT utilization/ cost changes and with agreements as required.
Work with IT Finance on Key Expense Performance Measures and trends for third-parties and utilization.
Work with IT stakeholders, IT Finance, Legal, Procurement and IT PMO teams to resolve cost/price differentials that may cause delays in execution, fulfillment or closure of work and agreements.
Coordinate with regional leadership to track, monitor and manage spend abroad and in alignment with IT investment strategies for third-party utilization.
Communicate changes in processes and procedures to relevant stakeholders.

Provide support for tool enhancements and databases across internal and external functions.
Apply corrective action to address issues or discrepancies in the data collection and/or data processing practices.
Perform total cost/supply analysis to identify opportunities to achieve optimal value to investment.
Financial modeling for bid analysis, cost saving methodology, Gross/Net investments and spend / investment analytics.
Collaborate and manage subscription lifecycle, renewals and updates across IT functional areas and with key stakeholders.
Contribute ideas and process improvement efficiencies including utilization of the IT Contracts Management Database considering financial management, tracking and linkages to dependent systems.
Support data quality improvement initiatives within areas of oversight.

Assist in the building, documentation, execution, and stewardship of data quality and governance protocols.
Gather market research/data and conduct qualitative and quantitative analysis to develop tail-end spend and utilization strategies and provide recommendations in collaboration with enterprise functions (i.e., Procurement, Legal and Finance).
Profile suppliers and with a lens on segment spend.

Support and consult with IT leadership on competitive bidding processes for existing and new providers with a view of financial considerations.
Review internal processes and policies and provide recommendations for improvement with a focus on cost optimization/savings/management with related indirect spend.
Provide day-to-day support for the execution of third-party spend analytics, trend analysis and support management of a centralized supplier and contract repository.
In collaboration with key partners, create/improve processes for reviewing and following up on electronically generated POs and invoices for third parties, including tracking average delivery times, discrepancies and non-acknowledged/processed.

Interested?

Qualified candidates should send their resumes to spinjari@vsoftconsulting.com

V-Soft Consulting is a trusted partner with experience across diverse technology stacks to help business get IT done.

What makes V-Soft different?

Our expertise is derived from over 20 years of delivering world-class IT staffing, consulting, engineering and managed services to Fortune 1000 and mid-market companies in the U.S., Canada, and Asia.

V-Soft is headquartered in Louisville, KY with strategic locations in India, Canada, and across the U.S., including Madison, Chicago, Denver, Harrisburg and Atlanta.

V-Soft has been recognized among the top 100 fastest growing staffing companies in North America and is known for the ability to provide highly qualified consultants for any project at any scale.

V-Soft has a wide variety of partnerships across diverse technology stacks, and holds such titles as MuleSoft Certified Delivery Resource, Oracle Gold Partner, ServiceNow Partner, Microsoft Partner, and Cisco Registered Partner, amongst many others.

Like what you hear?

Apply with V-Soft today!
For more information or to view all our open jobs, please visit www.vsoftconsulting.com or call (844) 425-8425.

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