IT Vendor & Contracts Coordinator
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Role details
Tech stack
Job description
The IT Vendor & Contracts Coordinator is the financial control center for the company’s technology organization. This role owns IT spend visibility, vendor contract lifecycle, and chargeback accuracy - ensuring that every technology dollar is tracked, allocated correctly, and spent against agreed terms., * Own day-to-day tracking and reconciliation of IT expenditures against approved budgets; surface variances and trends to IT and Finance leadership.
- Coordinate IT chargeback processes, ensuring accurate and defensible allocation of technology costs to business units.
- Produce monthly financial reporting on IT spend, budget utilization, and cost trends; present findings in business-ready formats.
- Partner with Finance and IT leadership on annual budgeting, forecasting cycles, and mid-year reforecasts.
Vendor Contract Lifecycle
- Maintain a centralized, current repository of all IT vendor contracts, amendments, SOWs, and renewal schedules.
- Own the renewal calendar; proactively flag upcoming expirations and initiate renewal or renegotiation processes on appropriate lead times.
- Review vendor invoices against contracted terms; identify billing errors, overcharges, and scope discrepancies before payment.
- Support vendor negotiations by providing spend history, utilization data, and benchmark comparisons.
Procure-to-Pay Execution
- Process IT purchase requisitions and purchase orders in coordination with Procurement and Finance; ensure compliance with approval workflows and spending policies.
- Manage the full invoice-to-payment cycle for IT vendors: receipt validation, three-way matching, coding, and routing for approval.
- Resolve payment disputes and billing discrepancies with vendors; serve as the primary point of contact for IT-related AP inquiries.
- Maintain vendor master data and payment terms in the ERP system; ensure records are current and accurate.
Requirements
Do you have experience in Vendor relationship building?, Do you have a Bachelor’s degree?, The ideal candidate comes from a procurement, accounts payable, or financial operations background and brings rigorous process discipline to a domain - IT vendor and contract management - where that discipline is often missing. Direct IT experience is a plus, not a prerequisite; the technical context is learnable, and the financial and procurement rigor is not., * Experience: 3-5 years in IT financial management, IT procurement, or a related financial operations role.
- Education: Bachelor’s degree in Finance, Accounting, Business, or IT.
- Technical Skills: Advanced Excel proficiency (pivot tables, financial modeling, VLOOKUPs).
- Contract Literacy: Solid understanding of SaaS agreements, maintenance contracts, and MSAs.
- Tooling: Experience with ITSM or Asset Management platforms (Freshservice, ServiceNow, etc.).
- Strong written and verbal communication skills; able to document and present financial analysis to leadership.
Preferred:
- Exposure to Azure cost management or FinOps principles.
- Experience with Power BI or SQL for financial dashboarding.
- Familiarity with ITIL frameworks or Technology Business Management (TBM) models.
- Background in construction, industrial services, or energy sectors.
Benefits & conditions
Pulled from the full job description
- Health insurance
- 401(k) matching
- Paid time off
- Vision insurance
- Dental insurance
- Employee assistance program
- Disability insurance, * Medical, dental, and vision insurance
- 401(k) retirement plan with company match
- Paid time off (PTO) and holiday pay
- Life and disability insurance
- Professional development and training opportunities
- Employee assistance program (EAP)
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