IT Budgeting & Procurement Specialist Full Time

IT Budget Planning & Control 

• Lead the annual IT budgeting process in collaboration with IT department heads, Finance, and executive leadership. • Develop detailed IT budget models covering CapEx (infrastructure, licensing, hardware) and OpEx (SaaS, support, staffing, professional services). 

• Monitor budget utilization monthly; produce variance analysis reports and recommend corrective actions. 

• Manage IT cost allocation models across business units: bill payment, payment acceptance, and shared services. 

• Drive IT cost optimization initiatives without compromising operational resilience or compliance obligations. IT Procurement & Vendor Management 

• Define and enforce the IT procurement policy, ensuring competitive, transparent, and compliant sourcing processes. 

• Lead RFP/RFQ/RFI processes for major technology acquisitions including payment platforms, infrastructure, and software. 

• Negotiate and manage contracts with technology vendors, ensuring favorable commercial terms, SLAs, and exit provisions. 

• Maintain a complete vendor registry with performance scorecards, contract renewal calendars, and risk assessments. 

• Ensure all vendor engagements involving outsourcing or data processing comply with CBE outsourcing regulations. 

Financial Governance & Reporting 

• Develop IT financial dashboards and reports for CTO, CFO, and board-level consumption. 

• Support investment business cases for major IT projects, providing NPV, ROI, and TCO analyses. 

• Ensure IT procurement activities comply with internal audit requirements and external regulatory expectations.

Strategic Sourcing & CBE Compliance 

• Ensure all technology outsourcing arrangements meet CBE’s outsourcing risk management framework. 

• Assess vendor financial stability and operational resilience as part of the due diligence process. 

• Manage relationships with key strategic vendors (payment networks, cloud providers, core system vendors) at a commercial level.