PaytmOfficial careers listing

Posted 1mo ago

IT Procurement

Pay

Not stated

Location

Noida, Uttar Pradesh

On site

Skills this role screens for

AWSAzureGCPCloudSecurityAnalyticsStakeholder managementCommunicationFinanceNegotiation

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Responsibilities

What you'll do

  • Own end-to-end procurement activities for IT products and services.
  • Manage supplier relationship management and commercial negotiations.
  • Handle contract management and stakeholder engagement.
  • Ensure cost optimization, regulatory compliance, and procurement governance.
  • Procure IT hardware, software, cloud services, SaaS, cybersecurity, and telecom.
  • Develop and execute category sourcing strategies aligned with business objectives.
  • Manage the complete sourcing lifecycle from RFI/RFP/RFQ to contract award.
  • Drive competitive bidding and supplier selection.
  • Negotiate pricing, commercial terms, payment terms, SLAs, and licensing models.
  • Ensure timely execution of contracts with Legal, Finance, and InfoSec.
  • Manage contract renewals, amendments, vendor obligations, and commercial risk.
  • Deliver measurable cost savings while optimizing Total Cost of Ownership (TCO).

Requirements

What they're looking for

  • 5-7 years of proven expertise in strategic sourcing and IT procurement.
  • Expertise in procuring IT hardware, software, cloud services, SaaS, cybersecurity.
  • Experience with telecommunications and professional services procurement.
  • Proven experience in procurement of IT infrastructure and software licensing.
  • Experience with cloud platforms (AWS, Azure, Google Cloud) and managed services.
  • Strong skills in Strategic Sourcing & Category Management.
  • Proficiency in Commercial Negotiation & Contract Management.
  • Competency in Vendor Relationship & Performance Management.
  • Knowledge of Procurement Governance & Compliance.
  • Ability in Cost Optimization & Total Cost of Ownership (TCO).
  • Skills in Procurement Analytics & Spend Management.
  • Experience with Risk Assessment & Business Continuity.

Nice to have

What would help

  • Exposure to European procurement and regulatory requirements.
Full description from the employer

Position Summary: We are seeking an experienced and result-oriented IT Procurement Professional with 5-7 years of proven expertise for strategic sourcing and procurement of IT products and services. The ideal candidate will have strong expertise in procuring IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, and professional services. The role requires end-to-end ownership of procurement activities, supplier relationship management, commercial negotiations, contract management, and stakeholder engagement while ensuring cost optimization, regulatory compliance, and procurement governance. Key Responsibilities: Strategic Procurement & Sourcing:  End-to-end procurement of IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, data center infrastructure, and technology services.  Proven experience in procurement of IT infrastructure, software licensing, cloud platforms (AWS, Azure, Google Cloud), SaaS applications, cybersecurity solutions, telecommunications, and managed services.  Develop and execute category sourcing strategies aligned with business objectives and technology roadmaps.  Manage the complete sourcing lifecycle, including requirement gathering, market assessment, RFI/RFP/RFQ preparation, supplier evaluation, commercial analysis, negotiations, and contract award.  Drive competitive bidding and supplier selection to achieve optimum commercial and technical outcomes. Commercial & Contract Management:  Negotiate pricing, commercial terms, payment terms, SLAs, licensing models, support agreements, renewals, and long-term contracts.  Ensure timely execution of contracts in collaboration with Legal, Finance, Information Security, and business stakeholders.  Manage contract renewals, amendments, vendor obligations, and commercial risk throughout the contract lifecycle.  Deliver measurable cost savings while optimizing Total Cost of Ownership (TCO). Vendor & Stakeholder Management:  Build and maintain strategic relationships with OEMs, distributors, system integrators, cloud providers, and technology partners.  Conduct supplier performance reviews, governance meetings, and business reviews to improve service quality and vendor performance.  Collaborate with IT, Information Security, Finance, Legal, Risk, and business teams to understand procurement requirements and deliver timely sourcing support.  Act as a trusted procurement advisor to business stakeholders on sourcing strategies and commercial decisions. Required Skills & Competencies:  Strategic Sourcing & Category Management  IT Hardware, Software, SaaS & Cloud Procurement  Cybersecurity & Telecom Procurement  Commercial Negotiation & Contract Management  Vendor Relationship & Performance Management  Procurement Governance & Compliance  Cost Optimization & Total Cost of Ownership (TCO)  Procurement Analytics & Spend Management  Risk Assessment & Business Continuity  Stakeholder Management & Cross-functional Collaboration  ERP/eProcurement Platforms (SAP, Oracle, Ariba, Coupa, Ivalua, etc.)  Excellent negotiation, analytical, communication, and presentation skills.  Exposure to European procurement and regulatory requirements will be preferred.

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