About Hytech
Hytech is a leading management consulting firm headquartered in Australia and Singapore, specialising in digital transformation for fintech and financial services organisations. We deliver end-to-end consulting services and provide robust middle- and back-office solutions that enable our clients to optimise operations, enhance efficiency, and stay ahead in a fast-evolving digital landscape.
With more than 2,000 professionals worldwide, Hytech has a strong and growing international presence, with offices across Australia, Singapore, Malaysia, Taiwan, the Philippines, Thailand, Morocco, Cyprus, Dubai, and beyond.
About the Role
As a IT Procurement Specialist, you will play a key role in bridging Finance and Procurement by driving cost transparency, vendor evaluation, and procurement governance. You will leverage data-driven insights to support decision-making, optimize vendor spending, and enhance cost efficiency across the group.
Key Responsibilities:
- Cost Analysis & Insights: Analyze vendor and system-related costs, including cost structures, usage patterns, and key cost drivers. Identify anomalies, trends, and opportunities for cost optimization, and provide structured insights to improve spending efficiency.
- Vendor Evaluation & Benchmarking: Collect and assess vendor quotations, service scope, and product features. Perform structured comparisons across vendors and conduct market benchmarking to recommend optimal vendor solutions.
- Procurement Governance & Process: Support and enhance procurement and cost management processes. Ensure compliance with procurement procedures (RFQ, quotation comparisons, documentation) and maintain accuracy and completeness of records in line with governance standards.
- Cost Monitoring & Performance Management: Monitor vendor usage and cost trends, evaluate vendor performance, and support renewal or replacement decisions. Participate in vendor discussions, including pricing evaluation and proposal assessments.
- Data & Reporting: Develop cost analysis reports and dashboards to improve spend visibility. Provide actionable insights and metrics (e.g., cost per usage/client, vendor performance tracking) to support management decision-making.
What We’re Looking For:
- Experience: Minimum of 2 years of experience in cost analysis, financial operations, procurement, or vendor management.
- Technical Expertise: Strong understanding of cost structures, budgeting, and financial analysis; accounting knowledge is an advantage. Advanced proficiency in Microsoft Excel; familiarity with Xero is a plus.
- Analytical Skills: Strong problem-solving ability with attention to detail, capable of identifying cost drivers, trends, and anomalies.
- Communication & Collaboration: Good interpersonal and communication skills to work effectively across departments and stakeholders.
- Work Style: Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced, dynamic environment.
What We Offer:
- A collaborative and inclusive work environment.
- Opportunities for professional growth and development.
- The chance to play a pivotal role in shaping the future of our organization.