IT Procurement Specialist

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

Job summary

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.

As an IT Procurement Specialist, you will bridge Finance and Procurement by driving cost transparency,

Qualifications

• 2+ years of experience in cost analysis, financial operations, procurement, or vendor management.
• Strong understanding of cost structures, budgeting, and financial analysis; accounting knowledge is a plus.

Responsibilities

• Cost Analysis & Insights: analyze vendor and system-related costs and identify cost optimization opportunities.
• Vendor Evaluation & Benchmarking: assess quotations, service scope and features; perform market benchmarking.
• Procurement Governance & Process: support procurement processes, ensure compliance and maintain governance records.
• Cost Monitoring & Performance Management: monitor usage and cost trends; evaluate vendor performance.
• Data & Reporting: develop cost analysis reports and dashboards to improve spend visibility.

Skills

Cost analysis

Budgeting

Financial analysis

Microsoft Excel

Xero

Tools

Microsoft Excel

Xero

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

As a IT Procurement Specialist, you will play a key role in bridging Finance and Procurement by driving cost transparency, vendor evaluation, and procurement governance. You will leverage data-driven insights to support decision-making, optimize vendor spending, and enhance cost efficiency across the group.

Key Responsibilities:

• Cost Analysis & Insights: Analyze vendor and system-related costs, including cost structures, usage patterns, and key cost drivers. Identify anomalies, trends, and opportunities for cost optimization, and provide structured insights to improve spending efficiency.
• Vendor Evaluation & Benchmarking: Collect and assess vendor quotations, service scope, and product features. Perform structured comparisons across vendors and conduct market benchmarking to recommend optimal vendor solutions.
• Procurement Governance & Process: Support and enhance procurement and cost management processes. Ensure compliance with procurement procedures (RFQ, quotation comparisons, documentation) and maintain accuracy and completeness of records in line with governance standards.
• Cost Monitoring & Performance Management: Monitor vendor usage and cost trends, evaluate vendor performance, and support renewal or replacement decisions. Participate in vendor discussions, including pricing evaluation and proposal assessments.
• Data & Reporting: Develop cost analysis reports and dashboards to improve spend visibility. Provide actionable insights and metrics (e.g., cost per usage/client, vendor performance tracking) to support management decision-making.

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.