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The IT Contracts and Assets Lead plays a key role in managing IT procurement, vendor contracts, and asset oversight to ensure compliance, efficiency, and strategic alignment. This individual partners with IT leadership, Finance, and Procurement teams to uphold corporate policies, support vendor negotiations, and maintain accurate documentation of all contracts and related activities.
Job Responsibility:
Ensure IT procurement activities comply with internal policies and Delegation of Authority (DOA) guidelines
Act as liaison between IT, Finance, and Procurement to streamline purchasing processes
Monitor vendor engagements and flag non-compliance risks
Oversee the full lifecycle of vendor contracts, including review and renewal of Master Service Agreements (MSAs), Statements of Work (SOWs), and change orders
Support vendor negotiations to secure favorable terms aligned with organizational goals
Identify opportunities to consolidate or renegotiate agreements for cost optimization
Maintain a centralized repository for all IT contracts, revisions, and Capital Authorization Requests (CARs)
Track capital and operational expenses related to procurement
Develop reports for contract status, asset usage, and compliance metrics
Work closely with IT leadership to align procurement and contract strategies with business needs
Provide subject matter expertise and guidance on best practices in IT contracting
Report regularly on compliance, vendor performance, and procurement outcomes
Identify and mitigate contract risks such as vague deliverables or unfavorable terms
Monitor and report on KPIs such as contract timelines, compliance rates, and vendor effectiveness
Operates independently, with responsibility for executing procurement strategies and overseeing contract compliance
Strong focus on cost savings, process improvement, and risk mitigation
Builds and maintains collaborative relationships across IT, Finance, Procurement, and external partners
Requirements:
Bachelor’s Degree required
Master’s Degree (MBA) preferred
7+ years in IT procurement, contract management, or similar roles within a global organization
Experience reviewing, negotiating, and managing vendor contracts (MSAs, SOWs)
Familiarity with DOA, capital authorization processes, and policy compliance
Industry experience in pharmaceuticals or biotechnology is a plus
Deep knowledge of procurement processes and legal contract language
Skilled in securing favorable terms and managing vendor relationships
Familiar with IT systems, software, and infrastructure
Able to manage multiple timelines and analyze contract risks or savings opportunities
Strong verbal and written skills for cross-functional collaboration
Certified Professional in Supply Management (CPSM) preferred