Technology Supplier & Cost Management Specialist

Company Description

Job Description

Synopsis

The Supplier & Cost Management Specialist - Technology is responsible for driving technology spend governance, supplier performance management, commercial evaluation, and cost optimization across the Digital Technology & Innovation portfolio. Acting as a key partner to Technology, Finance, Procurement, and Business stakeholders, the role ensures cost transparency, maximizes value from technology investments, and delivers sustainable savings through effective financial control, commercial management, and strategic supplier engagement. The position requires strong financial and commercial acumen, advanced analytical capability, and proven experience managing technology vendors and complex commercial agreements.

Accountabilities

• Drive end-to-end visibility and governance of technology expenditure across software, cloud, infrastructure, telecom, managed services, and professional services portfolios.
• Develop and maintain technology spend forecasts, financial models, dashboards, and executive reporting to support decision-making and budget management.
• Partner with Technology and Finance teams to support annual budgeting, forecasting, cost allocation models, and financial planning activities.
• Build robust business cases and commercial evaluations, including TCO, ROI, NPV, IRR, and payback analysis for technology investments and transformation programs.
• Lead commercial negotiations, contract renewals, and supplier management activities to optimize commercial value and service performance.
• Establish supplier governance frameworks and conduct regular performance reviews covering service delivery, contractual compliance, risk management, innovation opportunities, and cost optimization.
• Identify and execute technology cost optimization initiatives across software licensing, cloud services, infrastructure, managed services, and workforce expenditure.
• Maintain and track a technology savings portfolio, ensuring realization and sustainability of financial benefits.
• Leverage data analytics to identify spend anomalies, supplier risks, cost reduction opportunities, and operational efficiencies.
• Collaborate with Technology, Finance, Procurement, Legal, and Business stakeholders to support strategic sourcing initiatives and influence investment decisions through data-driven insights.

Qualifications