IT Vendor Analyst

Job description

Who We Are?

Founded in 2007, Intervest stands as a pioneering software development venture, with operations spanning across Europe and an in-house development center located in Sri Lanka. Our core focus lies in furnishing comprehensive IT support services, distinguished by their innovation, affordability, and uncompromising quality. Grounded in a diverse technological framework, we are dedicated to crafting tailor-made software solutions that cater to a wide spectrum of needs.

Our specialization rests in the creation of sophisticated multi-product, multi-currency e-Commerce platforms, tailored to the dynamic requirements of industries such as insurance, travel, and financial services. Within our organization, a dynamic workforce of 200 team members collaborates to drive these endeavors forward, ensuring excellence in every facet of our operations.

Intervest presents a remarkable milieu distinguished by its unique organizational culture, affording unparalleled flexibility and abundant avenues for professional progression. As an integral member of our dynamic global team, you will find yourself immersed in an environment conducive to honing your skills and embarking on an unparalleled journey of personal and professional growth.

Role Overview

The Vendor Analyst will be responsible for managing vendor-related functions, ensuring smooth onboarding, contract renewals, and ongoing supplier relationships. This role involves verifying invoices, raising purchase orders, maintaining vendor records, and ensuring value from IT services procured.

Key Responsibilities:
• Verify invoices and raise purchase order (PO) requests related to vendor services.
• Manage vendor onboarding, ensuring compliance with due diligence and procurement processes.
• Define and implement vendor performance measurement controls (SLA tracking).
• Maintain a complete and up-to-date vendor database, including contacts and contract renewal dates.
• Track vendor-related costs against the IT budget and ensure cost-effectiveness.
• Conduct value assessments of vendor services to ensure optimal return on investment.
• Expand vendor management processes to cover all group entities.

Key Skills & Experience:
• Experience in vendor or supplier management within a technology or procurement setting.
• Strong understanding of procurement policies, budgeting, and cost control.
• Ability to Analyse contracts and track vendor performance metrics.
• Proficiency in managing procurement systems and vendor databases.
• Excellent communication and negotiation skills.

Here are some potential work perks that could be associated with the position:
• Hybrid Work Arrangement: Benefit from a flexible hybrid work schedule to achieve a healthy work-life balance while meeting your professional responsibilities’
• Comprehensive Medical Insurance: Enjoy peace of mind with medical insurance coverage which includes Hospitalization cover and Outpatient Department (OPD) services
• Annual Trip: Create lasting memories you to unwind and spend quality time with your loved ones
• Team Engagement: Transform your journey with our dynamic team engagement activities designed to foster collaboration, boost morale, and enhance productivity.
• Career Advancement: Access clear pathways for career growth, backed by opportunities for skill development and advancement within the organization
• Competitive Compensation: Receive a competitive compensation package that exceeds prevailing market rates, reflecting the value of your contributions
• Global Exposure: Immerse yourself in a diverse and inclusive work culture that offers exposure to global perspectives and experiences.

You will be working at Havelock City – Mireka Tower