Senior Manager - IT Procurement

Location Name: Pune Corporate Office - Mantri

Job Purpose

To drive financial strategy by managing budgets, forecasts, and cost analysis to align IT operations with financial objectives

Duties And Responsibilities

🔹 IT Procurement & Commercial Management

•  Execute end-to-end procurement activities: PR creation, RFQ, quote analysis, PO issuance
•  Conduct price benchmarking and assist in negotiations to optimize total cost of ownership
•  Manage IT vendor onboarding, compliance documentation & vendor master accuracy
•  Track software license utilization, cloud consumption, AMC renewals
•  Maintain procurement dashboards: PO status, PR aging, contract renewals calendar
•  Coordinate with Legal on NDAs/MSAs/SOWs, review commercial terms (SLA, penalties, payment milestones)
•  Support audits by providing purchase records and compliance evidence
  
  
  

•  Support annual budgeting and rolling forecasts for technology cost centers
•  Analyze actual vs. budget variances with clear commercial drivers
•  Assist in preparation of monthly MIS & management reports (IT cost, Capex/Opex split)
•  Track cost-saving initiatives and procurement efficiency metrics
•  Support investment business cases for IT projects including ROI & TCO analysis
•  Ensure timely month-end closure entries: accruals, reclasses for IT-related spend
  
  
  

• Cost Management: Recommend cost-saving measures and adjustments to IT expenditures to stay within budgetary limits and optimize financial efficiency.
  
  
  

•  Balancing cost vs. technology requirements while ensuring vendor solutions meet performance, security and compliance standards
•  Coordinating multiple stakeholders (IT, Finance, Security, Legal, Vendors) with differing priorities and timelines
•  Managing tight procurement timelines for critical technology infrastructure without compromising process governance
•  Ensuring contract renewals and license compliance are proactively tracked to avoid service disruption or penalties
•  Maintaining data accuracy and audit trails across POs, spend trackers, and variance reports
•  Developing the ability to interpret commercial clauses, pricing models, and SLA implications at an early experience level
•  Providing clear financial insights despite evolving technology consumption patterns (cloud, SaaS, variable billing)
•  Handling Capex vs. Opex classification appropriately to maintain correct financial reporting
•  Supporting month-end and budgeting cycles while concurrently managing live procurement activities
•  Navigating market pricing volatility in IT hardware, cloud consumption, and cybersecurity tools