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VMO

Hyderabad, Andhra Pradesh, India
Posted on: 14-03-2025
Job description
Job Requirements

Bachelors degree in Business Administration, Finance, Supply Chain Management, or a related field; MBA or equivalent preferred.
15years of progressive experience in IT VMO and IT Finance
Exceptional communication and negotiation skills, with the ability to influence stakeholders at all levels of the organization.
Demonstrated leadership experience, with the ability to lead cross-functional teams and drive results in a dynamic environment.
Business domain knowledge of Insurance and/or Reinsurance or Financial Services in general will be an added advantage.

IT VMO
Proven track record of developing and implementing successful vendor strategies that drive business value and competitive advantage.
Strong analytical skills, with the ability to conduct TCO analysis and make data-driven decisions.
Proficiency in vendor management tools and technologies, with experience in contract management systems preferred.
Develop and maintain relationships with vendors, review contracts and obligations, review invoices and change orders for contract compliance 
Strong understanding of relevant regulations and compliance requirements in vendor management
Understanding of IT Services outsourcing, Software Development Lifecyle, IT Infrastructure, type of contracts (T&M, Fixed Priced and Managed Services), Onshore, Offshore and Nearshore models.
Ability to collaborate, advise and manage expectations of stakeholders, earning trust and building durable relationships.
Self-starter, takes ownership and accountability, driven, focused, collaborative with ability to work through ambiguity.

IT Finance
Plan, develop and manage budget for information technology operation and projects
Ensure proper financial accounting methods, policies, procedures and principles as well as creating and maintaining fiscal files and records
Monitor and analyze IT financial data and produce financial reports and statements and GAAP financial reporting
Previous experience implementing automated financial reporting
Establish appropriate KPIs across the IT Organization to help support and improve efficiency & performance
Experience with enterprise corporate finance systems and platforms
Guide IT leadership in financial decision-making and promote financial transparency.
Develop and improve processes for managing the IT budget, forecasts, and spending analysis.
Work closely with Accounting, Finance, and IT leadership to track spending, analyze variances and report financial metrics
Build frameworks to track and report on financial performance, including project value measurements
Influence stakeholders to adopt changes that enhance transparency and accountability in IT spending.

 Key job details

Primary Location
Hyderabad, Andhra Pradesh, India
Job Type
Experienced
Primary Skills
Vendor & Supplier Management, Operations Management
Years of Experience
12
Travel
No
Job Posting
14/03/2025

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