Vendor Management Analyst Job Description
Vendor Management Analyst Duties & Responsibilities
To write an effective vendor management analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included vendor management analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Vendor Management Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Vendor Management Analyst
List any licenses or certifications required by the position: CISM, CISSP, ITIL, SSAE, ISACA, FRS, PMP, HFMA, SOC1, IAITAM
Education for Vendor Management Analyst
Typically a job would require a certain level of education.
Employers hiring for the vendor management analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Education, Business/Administration, Management, Computer Science, Accounting, Information Technology, Economics, Public Health
Skills for Vendor Management Analyst
Desired skills for vendor management analyst include:
Desired experience for vendor management analyst includes:
Vendor Management Analyst Examples
Vendor Management Analyst Job Description
- Provide support to internal (Contract Managers, Auditors, Business Leaders, ) and external (Suppliers) users of the CLM tool, act as first line support
- Support the full strategic sourcing cycle, including vendor and risk identification / selection, price negotiation and contracting
- Maintain spend, vendor and contract management databases
- Generate management level reporting and tracking
- Develop detailed demand and supply market profiles, and performs market research for individual commodities depending on business needs
- Support supplier evaluation and oversight processes, including eRFX events, score-carding, tiering, risk management and performance improvement for vendors
- Critical Engineering
- Physical Guarding
- Fleet/Transport
- Real estate projects
- Minimum 4 years of working experiences in Vendor Management or Sourcing Management
- 2+ years of experience in customer support role
- Experience utilizing Contract Lifecycle tools, preferably SAP/Ariba CLM
- Ability to facilitate and lead meetings/briefings
- Quick learner willing to become an SAP CLM tool subject-matter-expert
- MS Office tools expert
Vendor Management Analyst Job Description
- Participate in targeted audits to ensure vendor compliance with legal requirements, firm and industry standards and contractual provisions
- Assist with performance analysis, and produce reports and dashboards/scorecards with key vendor / resource metrics
- Track SLA reporting and assess vendor performance against SLAs
- Assist with developing process improvement recommendations and help to manage end to end implementation
- Assist with vendor management training materials and facilitate sessions as needed
- Assist with governance meeting preparation, tracking status, and enhancing associated reporting
- Assist with invoice validation
- Track and report on service requests to vendors
- Maintain policy and procedure manuals
- IT asset management point of contact (hardware, software, maintenance and warrantees)
- Strong negotiation and facilitation skills, ability to see the big picture and generate / adopt new ideas
- Ability to successfully handle multiple priorities and maintain effectiveness when experiencing major change in work tasks or work environment
- Assist the Quality Management team to ensure that requirements documentation can be easily translated into test plans, and ensure that the proper testing plans have been completed
- 5+ years of professional experience in a large-scale Software Licensing and Inventory Management environment with an emphasis on Software Asset Management
- Demonstrated understanding of license metrics for IBM, Microsoft, EMC, BMC, Symantec, SAP BO, Oracle, VMware, Citrix, & CA
- A working knowledge of Information Technology Infrastructure Library (ITIL), and IT Asset Management (ITAM), Configuration Management and industry best practices for the management of hardware and software assets
Vendor Management Analyst Job Description
- Assist the VSMO team in supporting IT and company objectives
- Assist the VSMO team with ongoing strategic sourcing initiatives
- Assist the VSMO team to administer customer satisfaction surveys
- Develop professional relationships with key suppliers and participate in related activities
- Interact with key departments such as legal, tax, audit, PMO and internal business clients, and well as IT managers and directors
- You will be responsible for supporting various implementation activities with regard to rolling out the Service Governance offering
- You will support the Service Governance Engagement Managers (SGEMs) in providing operational governance
- You will be responsible for leading various implementation activities with regard to rolling out the Service Governance offering
- Analysis of vendor management reports with the ability to identify trends and synthesize data into information consumable by senior stakeholders
- Engagement with broader SVM stakeholders to complete and periodically review vendor strategy templates and vendor profiles for Key Vendors
- Experience configuring CLM products to meet adhoc business need
- Able to use a range of methods and analytical techniques to elicit and validate detailed requirements with stakeholders to gain their approval and to distinguish between different types of requirements
- Previous IT vendor experience
- Primary contacts are with IT managers and directors, and the PMO
- Prior experience and knowledge of market data vendors such as FactSet, Bloomberg, MSCI and Standard & Poor’s
- Knowledge of the Financial Information Tracking System™ (FITS™) a Plus
Vendor Management Analyst Job Description
- Maintenance of vendor management process
- Status reporting for completion of steps in VMO process
- Maintenance of VMO SharePoint site including, regularly updating Masterfile, tracker, dashboards
- Perform regular analysis of vendor data and report on this data as necessary
- Ad hoc support for the broader TPRM Office in reporting and data analysis
- Provide vendor performance data analytics to support ongoing contract governance/management for key managed service contracts
- Support vendor invoice validation processes
- Manage invoice payment processes
- Deliver vendor performance & SLA reporting to enable partnership and on-going efficiencies in both current environment and future state
- Build data modeling and analysis to support cost optimization for large contracts
- Motivated, enthusiastic, self-starter willing to take-on tasks with minimal supervision and deliver results
- Knowledge of market data administration preferred
- Ability to deliver positive results within the established timeframes while managing multiple priorities
- Ability to establish and maintain positive working relationships with field personnel and outside business associates in the course of performing assigned duties
- Ability to negotiate with external vendors to achieve desired results
- Ability to work independently as well collaboratively with the border team
Vendor Management Analyst Job Description
- Work with finance teams to provide financial information for the annual budget
- Assists with the Medicaid Eligibility vendor reconciliation, as requested
- Manages the onboarding and termination process for vendors
- Works the acknowledgement and close and return reports monthly
- Handles all calls, emails, eRequests and correspondence from collection agencies
- Responds to requests which include research payments, contractual, approving arrangements, audits
- Works Estate pool by reviewing accounts for insurance and assigning to agency as needed
- Reviews other pools for previously identified deceased patients and takes required action up to and including placing account to Bad Debt
- Works the Designee portion of the Bad Debt Prelist as defined in the Bad Debt Prelist policy
- Works the agency acknowledgement and close and returns pools or through reports (if applicable)
- Act as a subject matter expert in all organizational supplier governance, risk and management requirements
- Facilitate awareness of the supplier risk and performance management requirements throughout the supplier lifecycle and required tools, templates, and methodologies
- Strong aptitude towards process development and documentation
- Experience with the eProcurement technology space
- Ability to work in a high profile, fast paced and changing work team environment
- Process Orientation – Ability to learn and contribute to new processes