Senior Cost Optimization Specialist
2 days ago
We are seeking a highly skilled and detail-oriented Senior Cost Optimization Specialist to join the executive team of HexaQuEST Global, Inc. This role requires a keen analytical mind, excellent communication skills, and the ability to collaborate with cross-functional teams to implement cost-cutting measures.
About the RoleThis is an exceptional opportunity for a seasoned professional to lead the development and implementation of strategic cost reduction initiatives across various departments within the organization. The successful candidate will be responsible for reviewing contracts, software usage, and maintenance agreements to identify cost-saving opportunities and provide recommendations for process improvements.
Main Responsibilities:- Analyze and review various contracts, including vendor agreements, software licenses, and maintenance contracts, to identify key services and pricing structures.
- Evaluate contractual obligations and assess their impact on the overall cost structure.
- Conduct in-depth analysis of software usage across the organization, collaborating with IT and business units to understand software needs and align usage with organizational requirements.
- Perform comprehensive cost-benefit analysis to assess the value derived from existing contracts and software licenses, developing financial models to illustrate potential cost savings and return on investment (ROI) for proposed changes.
- Summarize findings into actionable recommendations to drive financial efficiency and strategic cost reduction within the organization while maintaining operational effectiveness.
- Collaborate with procurement, legal, and IT teams to implement recommended changes, monitoring and tracking cost-cutting initiatives to ensure successful implementation.
- 5+ years of experience in Business Analysis, Project Management, IT Management, or other related experience in an IT environment.
- Experience in business analysis/design concepts and reengineering.
- Ability to understand customer requirements, normalize them against current standards, and present back a solution that fits the needs.
- Excellent coaching, listening, presentation, and interpersonal skills.
- A thorough understanding of relational databases and data models.
- A competitive salary of approximately $120,000 per year.
- A dynamic and supportive work environment.
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Business Optimization Specialist
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Senior Oracle Supply Chain Cloud Specialist
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E-Trading Optimization Lead
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Senior Metal Procurement Specialist
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Senior Technical Support Specialist
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Database Systems Optimization Specialist
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Senior Clinical Laboratory Specialist
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