Cost & Vendor Finance Analyst

Hytech; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Hytech is seeking a Cost & Vendor Management Analyst in Kuala Lumpur to drive cost transparency and vendor performance across technology and business operations. You will build cost models, develop dashboards, benchmark vendors, and deliver data-backed recommendations that influence spending decisions.

You will work closely with Finance, Technology, and business stakeholders to ensure every dollar spent delivers measurable value, with a focus on cost optimization and governance.

Qualifications

• Minimum 2 years of experience in cost analysis, financial operations, procurement, or vendor management.
• Strong understanding of cost structures and budgeting; accounting knowledge is a plus.
• Advanced proficiency in Microsoft Excel; familiarity with data visualization tools.

Responsibilities

• Analyze vendor and technology costs and build cost models.
• Develop dashboards and reports to track cost metrics and trends.
• Benchmark vendors and support vendor selection with data-driven evaluations.
• Monitor vendor performance, costs, and renewal decisions with data insights.
• Maintain procurement records and ensure governance alignment.

Skills

Cost analysis

Vendor management

Financial operations

Excel proficiency

Data visualization

Tools

Excel

Power BI

Tableau

Job description

Hytech is a leading management consulting firm headquartered in Australia and Singapore, specialising in digital transformation for fintech and financial services organisations. We deliver end-to-end consulting services and provide robust middle- and back-office solutions that enable our clients to optimise operations, enhance efficiency, and stay ahead in a fast-evolving digital landscape.

With more than 2,000 professionals worldwide, Hytech has a strong and growing international presence, with offices across Australia, Singapore, Malaysia, Taiwan, the Philippines, Thailand, Morocco, Cyprus, Dubai, and beyond.

About the Role

We are looking for a Cost & Vendor Management Analyst to sit at the intersection of Finance and Procurement, driving cost transparency and vendor performance across our technology and business operations. This is an analytically driven role — you will build cost models, develop dashboards, benchmark vendors, and deliver data-backed recommendations that directly influence spending decisions. You will work closely with Finance, Technology, and business stakeholders to ensure every dollar spent on vendors, systems, and services delivers measurable value.

Key Responsibilities:

• Cost Analysis & Modeling: Analyze vendor and technology costs including IT infrastructure , software subscriptions, marketing platforms, and third-party services. Build and maintain cost models that break down spending by business unit, product line, or client. Identify cost drivers, anomalies, and optimization opportunities. Perform variance analysis (budget vs. actual) and support monthly/quarterly cost reviews.
• Vendor Evaluation & Benchmarking: Collect and evaluate vendor quotations, service scope, SLAs, and product capabilities. Conduct structured vendor comparisons using weighted scoring models. Perform market benchmarking to assess pricing competitiveness and recommend optimal vendor solutions. Support vendor selection for new technology, tools, and services.
• Dashboards & Reporting: Design and maintain cost analysis dashboards and reports using tools such as Excel, Power BI, or Tableau. Develop key metrics including cost per transaction, cost per client, vendor cost trends, and unit economics. Present insights to management with clear, actionable recommendations to support strategic spending decisions.
• Vendor Performance & Cost Monitoring: Track vendor usage, cost trends, and service quality on an ongoing basis. Evaluate vendor performance against contracted SLAs and KPIs. Support renewal, renegotiation, or replacement decisions with data-driven assessments. Participate in vendor discussions including pricing reviews and proposal evaluations.
• Procurement Governance & Process Support: Support procurement workflows including RFQ processes, quotation comparisons, and documentation. Ensure compliance with internal procurement procedures and governance standards. Maintain accurate and complete records of vendor contracts, cost approvals, and procurement activities.

What We’re Looking For:

• Experience: Minimum of 2 years of experience in cost analysis, financial operations, procurement, or vendor management.
• Technical Expertise: Strong understanding of cost structures, budgeting, and financial analysis; accounting knowledge is an advantage. Advanced proficiency in Microsoft Excel; familiarity with Xero is a plus.
• Analytical Skills: Strong problem-solving ability with attention to detail, capable of identifying cost drivers, trends, and anomalies.
• Communication & Collaboration: Good interpersonal and communication skills to work effectively across departments and stakeholders.
• Work Style: Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced, dynamic environment.

What We Offer:

• A collaborative and inclusive work environment.
• Opportunities for professional growth and development.
• The chance to play a pivotal role in shaping the future of our organization.