IT Purchasing Analyst

  • Chicago, IL
  • Posted 3 hours ago | Updated 3 hours ago

Overview

Hybrid
Depends on Experience
Contract - W2
Contract - 18 Month(s)
No Travel Required

Skills

IT contract management and compliance

Job Details

Position: IT Purchasing Analyst

Location: Hybrid - 2 Days Onsite in Chicago

Duration: 18+ months

Requirements:
- Candidates MUST be local to Chicago
- Strong Experience in IT contract management and compliance
- Strong analytical skills for contract analysis and reporting
- Ability to develop forecasts and management reports
- Familiarity with audit processes and compliance reporting

Preferred:
- Experience working with IT, finance, procurement, audit, and legal teams
- Knowledge of cost-saving strategies and contract optimizations
- Skills in educating stakeholders on compliance requirements

Candidates/Agency: 2

Misc notes:

Job Description

We are looking for an IT Purchasing Analyst to assist with IT Contract management as part of the application support team. This position is a full-time contract and will be a hybrid work schedule.

What You ll Do

  • Analyze IT-related contracts, including software licenses, cloud services, cybersecurity agreements, and hardware procurements
  • Keep track of contract orders, invoices, payments for a running total of contract activity
  • Develop forecasts and management reports to flag utilization, expenditure, or compliance issues
  • Evaluate adherence to contractual terms through audits, reviews, and data analysis
  • Prepare comprehensive compliance reports detailing findings, recommendations, and action plans
  • Provide reports and assistance to IT contract managers in budget planning
  • Contribute to the development and implementation of IT contract compliance policies
  • Educate stakeholders on IT contract compliance requirements and best practices
  • Identify opportunities to improve IT contract management processes
  • Assist in identifying cost-saving opportunities and recommending contract optimizations
  • Support budgeting efforts by providing insights into IT contract expenditures
  • Ensure adherence to internal financial policies and industry compliance standards
  • Act as a liaison between IT, finance, procurement, audit, and legal teams
  • Support audit requests related to IT contracts
  • Communicate audit findings to stakeholders
  • Maintain a centralized database of IT contracts
  • Work with Procurement to ensure timely renewals and amendments
  • Prepare audit reports and provide updates for improvement
  • Review IT vendor contracts to ensure adherence to terms, conditions, and regulatory requirements
  • Conduct periodic audits to assess contract compliance and SLA fulfillment

What You'll Need

Required:

  • Strong Experience in IT contract management and compliance
  • Strong analytical skills for contract analysis and reporting
  • Ability to develop forecasts and management reports
  • Familiarity with audit processes and compliance reporting

Preferred:

  • Experience working with IT, finance, procurement, audit, and legal teams
  • Knowledge of cost-saving strategies and contract optimizations
  • Skills in educating stakeholders on compliance requirements

Physical Demands

  • Ability to safely and successfully perform the essential job functions consistent with the ADA and other federal, state and local standards
  • Sedentary work that involves sitting or remaining stationary most of the time with occasional need to move around the office to attend meetings, etc.
  • Ability to conduct repetitive tasks on a computer, utilizing a mouse, keyboard, and monitor
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