IT Cost Contracts Manager - London - Contract

London, UK
04 Jul 2019
23 Jul 2019
Contract Type
Full Time
A Global Top Tier Bank are looking to hire a IT Cost Contracts Manager for there IT Cost Management team.

The role is London based.

Contact until the end of Nov and then review.

The primary purpose of the IT Cost Management team is to govern all third party IT spend for Technology & Operations (c$3bn) including managing and continuously improving the Cost Management processes. This role will include working with the IT CIOs, COOs and supporting teams to optimise IT's utilisation of third-party hardware, software, resources, and associated IT services (including non-permanent workforce) to maximise value and cost savings to the Bank.

IT Cost & Contracts Manager roles are Senior Managers who will have a key role in managing Cost Management processes across multiple IT business areas ensuring consistent and adequate governance and controls resulting in effective sanctioning of spend. This will include detailed involvement on cost submissions working with business managers, procurement and COOs to ensure the Bank is obtaining the best commercial deal and evidencing the cost reduction work undertaken.

In this role, there will be specific responsibility for managing the contract lifecycle from an IT perspective for a number of specific contracts, including evaluating renewals of contracts ahead of time, challenging demand / requirements and working collaboratively with technical teams and procurement to obtain an optimal commercial deal. Maintaining the IT contracts calendar for the relevant IT teams including correct articulation of the financial P&L profiles, owning the renewal trigger points and driving subsequent actions will be essential. Furthermore support will be provided to each area to assist working towards a complete zero-based budgeting approach.

Candidates will be commercially aware with expertise in Cost or Commercial Management and shall be responsible for creating and maintaining a robust governance model in evaluating, reviewing all IT expenditure and driving cost reduction across Technology.

Required experience required / essential skills.

Typically educated to undergraduate degree level.
Experience with vendor, cost and commercial management including cost reduction / optimisation programmes
Familiarity with IT Infrastructure platforms / technologies, execution of IT vendor management policies
Good understanding of the IT global delivery model and future roadmap
Ability to work as part of a multi geography, culturally diverse and time-zone separated team
Good communications skills and ability to motivate and communicate at all levels of the organization
Analytical with the ability to understand and resolve problems.

If you feel this position is of interest and you have the skills and experience to succseed in this role, please apply as soon as possible for a quick reply.

Similar jobs

Similar jobs