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IT Procurement Analyst

1 month ago

Northbrook, United States HireTalent - Diversity Staffing & Recruiting Firm Full time

Title: IT Procurement Analyst

Location: Northbrook, Illinois

Duration: 6 months (contract to hire)

Pay-Rate: $35/Hr.


A day in the life as an IT Procurement Analyst...

  • Serve as the primary liaison between internal teams, vendors, and external partners, ensuring that all stakeholder needs and expectations are understood and addressed.
  • Draft and present proposals, reports, and updates to stakeholders at all levels, using both written and verbal communication to clarify procurement processes, contract terms, and vendor performance.
  • Monitor contract timelines, terms, and vendor agreements to ensure compliance with deadlines and requirements.
  • Build and maintain strong vendor relationships, negotiating terms, resolving conflicts, and driving improvements in service delivery while balancing cost-efficiency (within budget constraints).
  • Review and manage contracts to ensure alignment with organizational goals and compliance standards. Identify opportunities for cost savings or performance improvements through regular evaluations and renegotiations.
  • Conduct market research to analyze pricing trends and identify cost-saving opportunities


What you’ll bring to the table...

  • Strong knowledge of IT contract standards, legal terms, and compliance requirements.
  • Ability to review, negotiate, and manage contracts to ensure alignment with organizational objectives.
  • Expertise in monitoring contract performance and ensuring vendors meet contractual obligations, with a focus on identifying renegotiation or improvement opportunities.
  • Strong communication skills to engage stakeholders and ensure alignment in procurement processes.
  • Ability to manage multiple tasks, prioritize work, and meet deadlines in a fast-paced environment.
  • Proficiency with Microsoft Excel, Google Suite (Sheets, Docs), and contract management systems.
  • Experience with advanced tools like Hyperion, Peoplesoft, MicroStrategy, Tableau, or SQL is a plus but not required.
  • Bachelor’s degree in Business Administration, Finance, Accounting or a related discipline
  • 2+ years of previous work experience in a strategic sourcing/procurement function
  • Previous work experience in contract management.