Procurement Manager - IT

Responsibilities

• Manage end-to-end procurement processes for IT hardware (laptops, servers, networking equipment), software, SaaS subscriptions, cloud services, and IT consulting services.
• Evaluate vendors, conduct RFQs/RFPs, and negotiate pricing, terms, and service-level agreements (SLAs).
• Maintain preferred vendor lists and strategic partnerships.
• Monitor vendor performance, renewals, and compliance with contractual obligations.
• Review, coordinate, and track IT contracts in partnership with Legal and Finance.
• Maintain software license inventories and ensure compliance with licensing agreements.
• Track subscription renewals and proactively manage true-ups and renewals to avoid service interruptions.
• Support audits related to software licensing and IT asset management.
• Create and manage purchase requisitions and purchase orders.
• Ensure accurate cost coding and budget alignment.
• Reconcile invoices and resolve billing discrepancies with vendors.
• Track IT spend and provide reporting on budgets, forecasts, and cost optimization opportunities.
• Develop and maintain procurement policies specific to IT purchases.
• Ensure compliance with internal controls, security policies, and regulatory requirements.
• Identify cost-saving opportunities through vendor consolidation, volume discounts, and contract optimization.
• Support implementation and continuous improvement of procurement systems and tools.

Qualifications

• You have a Bachelor’s degree in Business, Finance, Supply Chain Management, Information Systems, or a related field.
• 5+ years of procurement experience, with significant exposure to IT purchasing.
• A strong understanding of IT products and services (hardware lifecycle, SaaS models, cloud consumption-based pricing).
• Proficiency in ERP or procurement systems.
• Experience managing enterprise agreements with major technology vendors such as Microsoft, Cisco, Dell Technologies, Amazon Web Services, or Oracle.
• Strong analytical, organizational, and negotiation skills.
• Strong project management skills, with the ability to manage multiple initiatives simultaneously.
• Excellent written and verbal communication skills.
• The ability to think strategically and translate ideas into actionable improvements.
• Strong collaboration and teamwork skills.
• Adaptability and openness to new ideas and technologies.
• An attention to detail and commitment to high-quality deliverables.
• Familiarity with IT asset management (ITAM) and software asset management (SAM) best practices is a plus.

Benefits

Your well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical, dental, and vision coverage, short and long-term disability benefits, a retirement savings plan, tuition reimbursement, mental health and wellness support, parental leave, and more. Additional details about our total rewards package will be shared during the hiring process.