IT Procurement Specialist

Hytech; Kuala Lumpur; On-site; MYR 60,000 - 120,000; Full time

Benefits offered by this job

Collaborative environment

Growth opportunities

Impactful role in shaping the org

Job summary

Hytech in Malaysia seeks an IT Procurement Specialist to bridge Finance and Procurement, driving cost transparency, vendor evaluation, and governance. You will leverage data-driven insights to support decisions and optimize spend across the group.

The role requires strong Excel skills, experience in cost analysis and vendor management, and the ability to work across departments in a fast-paced environment. Hytech offers a collaborative environment and growth opportunities.

Qualifications

• Minimum of 2 years of experience in cost analysis, financial operations, procurement, or vendor management.
• Strong Excel skills; familiarity with Xero is a plus.

Responsibilities

• Cost Analysis & Insights: Analyse vendor and system-related costs, identify cost drivers and opportunities for cost optimisation, and provide structured insights.
• Vendor Evaluation & Benchmarking: Assess vendor quotations, service scope, and product features; perform market benchmarking.
• Procurement Governance & Process: Support procurement procedures (RFQ, quotation comparisons, documentation) and maintain records per governance standards.
• Cost Monitoring & Performance Management: Monitor vendor usage and cost trends; support renewal or replacement decisions.
• Data & Reporting: Develop cost analysis reports and dashboards to improve spend visibility and decision-making.

Skills

Excel

Xero

Cost analysis

Vendor management

Financial operations

Analytical skills

Communication

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, optimise vendor spending, and enhance cost efficiency across the group.

Key Responsibilities:

• Cost Analysis & Insights: Analyse vendor and system-related costs, including cost structures, usage patterns, and key cost drivers. Identify anomalies, trends, and opportunities for cost optimisation, 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, prioritise 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.