IT Budgeting & Procurement Specialist

IT Budget Planning & Control • Lead the annual IT budgeting process in collaboration with IT department heads, Finance, and executive leadership. • Develop detailed IT budget models covering CapEx (infrastructure, licensing, hardware) and OpEx (SaaS, support, staffing, professional services). • Monitor budget utilization monthly; produce variance analysis reports and recommend corrective actions. • Manage IT cost allocation models across business units: bill payment, payment acceptance, and shared services. • Drive IT cost optimization initiatives without compromising operational resilience or compliance obligations. IT Procurement & Vendor Management • Define and enforce the IT procurement policy, ensuring competitive, transparent, and compliant sourcing processes. • Lead RFP/RFQ/RFI processes for major technology acquisitions including payment platforms, infrastructure, and software. • Negotiate and manage contracts with technology vendors, ensuring favorable commercial terms, SLAs, and exit provisions. • Maintain a complete vendor registry with performance scorecards, contract renewal calendars, and risk assessments. • Ensure all vendor engagements involving outsourcing or data processing comply with CBE outsourcing regulations. Financial Governance & Reporting • Develop IT financial dashboards and reports for CTO, CFO, and board-level consumption. • Support investment business cases for major IT projects, providing NPV, ROI, and TCO analyses. • Ensure IT procurement activities comply with internal audit requirements and external regulatory expectations.Strategic Sourcing & CBE Compliance • Ensure all technology outsourcing arrangements meet CBE's outsourcing risk management framework. • Assess vendor financial stability and operational resilience as part of the due diligence process. • Manage relationships with key strategic vendors (payment networks, cloud providers, core system vendors) at a commercial level. • Bachelor's degree in Finance, Business Administration, Information Technology, or a related field. • 2–3 years of experience in IT procurement, IT financial operations, or a related function. • Experience in fintech, banking, or a regulated financial services environment is preferred. • Familiarity with CBE vendor and outsourcing regulations is an advantage. TECHNICAL SKILLS • IT financial management & ERP (Odoo is plus) • Procurement & e-sourcing platforms • TCO modeling, NPV/ROI, business case development • Contract lifecycle management (CLM) tools • Vendor performance score carding • CapEx/OpEx planning & forecasting