IT Procurement Finance Lead

Responsibilities: - Manage end to end procurement activities for IT hardware, software, licenses, cloud services, and technology projects - Coordinate RFQ/RFP processes with vendors and internal stakeholders - Evaluate vendor quotations, pricing, contracts, and service agreements - Ensure procurement activities comply with bank policies, audit, and regulatory requirements - Liaise with vendors for contract renewals, negotiations, and invoice clarifications - Track software licenses, maintenance renewals, and support agreements - Support annual IT budgeting and forecasting exercises - Monitor IT operating expenditure (OPEX) and capital expenditure (CAPEX) - Perform budget tracking, variance analysis, accruals, and financial reporting - Process purchase orders (PO), invoices, and payment requests - Ensure accurate cost allocation and reconciliation with Finance teams - Prepare management reports and dashboards on IT spending - Manage a team of IT Procurement & Asset management executives Requirement: - Experience in IT procurement, finance operations, or vendor management - Understanding of budgeting, invoicing, PO processes, and financial controls - Knowledge of software licensing and IT asset procurement - Familiarity with procurement systems and ERP platforms such as SAP, Oracle, Ariba, or Coupa - Strong Excel and reporting skills - Understanding of banking governance and compliance processes is advantageous - Experience within banking or financial services environment - Exposure to cloud procurement, infrastructure contracts, or technology project finance - Knowledge of contract management and vendor negotiations - Experience in IT Software & hardware Procurement in a banking environment with experience in Vendor Management, Budgeting & Forecasting, CAPEX / OPEX, preparing Purchase Orders, Invoice Processing & Contract Management.