IT Finance and Vendor Management Manager

4 weeks ago

Brea, California, United States Ventura Foods Full time
Job Summary:

The Manager of IT Finance and Vendor Management is responsible for leading the IT Finance team and Vendor Management for the IT department. This role involves analyzing actuals, forecasting, and reporting on the IT department's budget, ensuring compliance with financial controls and company policies. The IT Vendor Management Office (VMO) is a dedicated team that manages vendor relationships, contracts, and performance, acting as the central point of contact for all vendor-related activities and ensuring effective and efficient vendor management.

Key Responsibilities:

IT Finance:
• Analyze and compare actual technology spending to plans, forecasts, and previous years.
• Perform financial analysis and modeling for projects, and help prepare business cases for financial investment.
• Prepare the annual IT budget for review with IT Leadership.
• Validate spend is approved and accurate.
• Partner with Finance and Accounting to perform reconciliation activities and reclasses.
• Hold monthly financial reviews with IT Leadership.

IT Vendor Management:
• Manage vendor relationships, contracts, and performance.
• Lead vendor selection and onboarding, vendor contract management, vendor performance management, risk management, vendor lifecycle management, vendor data management and reporting, and relationship management.
• Execute Request for Proposals (RFPs).
• Past experience in the telecommunication industry, understanding products, services, and rates is required.

Process and Governance:
• Review current state processes for both the Finance and Vendor Management areas of responsibility.
• Identify gaps and areas for improvement in efficiency and quality.
• Implement governance to ensure visibility, control, and high quality.

Communication:
• Engage with IT stakeholders and communicate effectively both written and verbal.
• Negotiate new contracts, negotiate renewals, facilitate Requests for Proposals, redline contracts, and conduct market research for benchmarking purposes to share with IT Leadership.

Requirements:
• Bachelor's degree is required; emphasis in Business Administration or Business Finance is strongly preferred.
• 5+ years with complex contract negotiation experience is required.
• Prior direct people leadership experience is required.
• Competency with financial and budget concepts is required.
• Ability to travel 10%.
• Telecom Infrastructure background is a big bonus.
• Experience in multiple industries is highly desired with at least one industry being manufacturing.
• Experience presenting to senior leaders in an organization is desired.

Why Work with Us:
Ventura Foods innovates and manufactures food solutions for foodservice and retail businesses. We make exclusive products for the world's most iconic restaurants and retailers, provide ready-to-go product solutions for professional kitchens, and make consumer brands everyone knows and loves. When you work for Ventura Foods, you get a strong foundation of training, a manager who cares about you and celebrates your success, a safe environment, and challenging work. As part of our team, your future is limited only by how much you're willing to push yourself to get there. We invest in your growth because you invest in ours. Ventura Foods offers career growth opportunities as well as competitive compensation and benefits, including medical, prescription, dental, and vision coverage, profit sharing and 401(k) matching, paid vacation, sick time, and holidays, employee appreciation events, and employee assistance programs.

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