IT Procurement Analyst

About the role

The IT Procurement Analyst supports sourcing, purchasing, and vendor management of IT hardware, software, and services. This role works closely with IT, Finance, and vendors to ensure cost-effective, compliant, and timely procurement while maintaining accurate records and supporting contract and spend analysis.

Responsibilities

• Support end-to-end IT procurement activities, including requisitions, purchase orders, renewals, and vendor onboarding
• Assist in sourcing IT hardware, software, cloud services, and professional services in alignment with company policies
• Analyze IT spend, assist in tracking budgets, and support cost-optimization initiatives
• Collaborate with IT stakeholders to gather requirements and ensure timely fulfillment
• Support contract administration, including license tracking, renewals, and compliance
• Maintain procurement documentation, pricing records, and vendor catalogs
• Aid in vendor performance reviews and issue resolution
• Ensure compliance with internal procurement policies and audit requirements
• Generate procurement reports and dashboards for management review
• Support continuous improvement of procurement processes and tools

Requirements

• Bachelor’s degree in Business, Supply Chain, Information Technology, Finance, or a related field
• 2-4 years of experience in IT procurement, sourcing, or supply chain functions
• Working knowledge of IT products and services (hardware, software, SaaS, cloud, licensing models)
• Experience with procurement systems (ERP, e-procurement tools, or contract management systems)
• Strong analytical, organizational, and documentation skills
• Proficiency in Microsoft Excel and Office tools
• Ability to work cross-functionally with IT, Finance, and vendors
• Strong communication and negotiation support skills
• Experience supporting software licensing and renewals (e.g., Microsoft, Oracle, SAP, SaaS providers)
• Exposure to vendor contract terms and pricing structures

Preferred Skills And/or Business Competencies

• Attention to detail
• Problem solving and analytical thinking
• Time management and prioritization
• Stakeholder collaboration
• Process improvement mindset