Product Definition Analyst 4

Job Summary

The Product Definition Analyst 4 plays a critical role in the IT procurement and software sourcing processes. This position is responsible for analyzing financial data, managing contracts, and ensuring effective vendor management, contributing to the organization's overall efficiency and cost-effectiveness.

Responsibilities

• Conduct financial analysis and modeling to support IT procurement decisions.
• Manage and negotiate IT contracts, ensuring compliance with organizational standards.
• Collaborate with cross-functional teams to identify software sourcing needs and best practices.
• Analyze purchasing roles and implement strategies to optimize procurement processes.
• Communicate complex information clearly to stakeholders and team members.
• Provide insights and recommendations based on economic analysis and budget planning.

Qualifications

• Educational Background: Bachelor's degree in Economics, Finance, Business Administration, Information Technology, or a related field. A Master's degree is preferred.
• Experience: 5 to 10 years of overall experience in the IT industry, with a minimum of 5 years in IT procurement, software sourcing, financial analysis, or a related field.
• Technical Knowledge: Strong understanding of software sourcing methodologies, IT contracts, and contract management principles.
• Financial Acumen: Proficiency in financial modeling, economic analysis, and budget planning.
• Purchasing Expertise: Knowledge of purchasing roles and best practices within an IT context.
• Analytical Skills: Exceptional analytical and problem-solving abilities with a keen eye for detail.
• Communication Skills: Excellent verbal and written communication skills.
• Negotiation Skills: Proven track record of successful contract negotiations and vendor management.
• Team Collaboration: Ability to work effectively in a cross-functional team environment.
• Certifications: Relevant professional certifications (e.g., CIPS, CPSM, ITIL) are a plus.

Preferred Skills

• Familiarity with advanced procurement software tools and technologies.
• Experience in managing large-scale IT projects.

Experience

• 5 to 10 years of overall experience in the IT industry, with a minimum of 5 years in IT procurement, software sourcing, financial analysis, or a related field.

Environment

• Work Type: Full-time
• Work Mode: In-office
• Location: Bangalore

Salary

• Estimated salary range: ₹3,400,000

Growth Opportunities

• Opportunities for career advancement within the organization, including potential leadership roles in procurement and vendor management.

Benefits

• Comprehensive benefits package including health insurance, paid leave, and professional development opportunities.