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    IT Finance & Vendor Management

    Location: London

    Contract Type: Permanent

    A global Insurer is currently seeking a highly motivated IT Finance & Vendor Manager to join their team. This role is tailor-made for a finance expert with exceptional interpersonal skills, ready to thrive in an unstructured environment.

    You will work directly with the C-suite to “bring order to chaos” (words of the hiring manager). The client currently has no IT Finance “banner holder”, your job will be to come in, be the voice of IT Finance, and manage vendor relationships from inception through to renewal, or termination.

    Key Responsibilities:

    As the IT Finance & Vendor Manager, you will assume a pivotal role within the organisation. Your responsibilities will include:

    Financial Oversight: Manage and oversee the IT department’s budget, ensuring accurate tracking, forecasting, and reporting of expenditures.

    Vendor Relationships: Cultivate and maintain relationships with IT vendors, negotiate contracts, and monitor vendor performance to align with business needs.

    Cost Efficiency: Identify opportunities for cost savings and process enhancements within the IT department.

    Financial Analysis: Analyse financial data, prepare comprehensive reports, and provide actionable insights to senior management.

    Compliance: Ensure that IT expenditures adhere to financial regulations and my client’s policies.

    Stakeholder Collaboration: Collaborate effectively with senior stakeholders, including finance, IT, and executives, to understand their requirements and provide financial guidance.

    Qualifications:

    To excel in this role, candidates should possess the following qualifications:

    • A bachelor’s degree in finance, mathematics, or a related field. Outside of this a professional qualification within Finance is a must.
    • Demonstrated expertise in financial management and vendor relations, ideally within a regulated environment.
    • Strong analytical and problem-solving capabilities.
    • Exceptional interpersonal and communication skills to engage effectively with senior stakeholders.
    • Adaptability and resilience in an unstructured, fast-paced environment.
    • Proficiency in financial tools and software (e.g., Excel, ERP systems).
    • Strong negotiation and contract management abilities.

    You will be the first member of this function, and there is opportunity to grow into a procurement, finance or other role if successful.

    Paul Parker

    Posted by

    Paul Parker

    Managing Consultant

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