IT Contract Manager
Location : Chicago, IL (Hybrid)
Contract Duration : 12+ Months
Required skills, experience, etc. :
- Experience in IT contract management and compliance
- Strong analytical skills for contract analysis and reporting
- Ability to develop forecasts and management reports
- Familiarity with budgeting and forecasting for IT expenditures
- Strong understanding of internal financial policies and regulatory compliance standards
- Ability to streamline contract management processes and identify cost-saving opportunities
Interview process : 2 interviews with Client - 1 virtual technical interview, and 1 onsite interview-must be local
Job Description :
We are looking for an IT Contract Manager to analyze IT-related contracts, including software licenses, cloud services, cybersecurity agreements, and hardware procurements, to understand obligations and identify potential risks. This position will be full-time contract and onsite in Chicago, IL.
What You’ll Do :
Analyze IT-related contracts, including software licenses, cloud services, cybersecurity agreements, and hardware procurements, to understand obligations and identify potential risksKeep track of contract orders, invoices, payments for a running total of contract activityDevelop forecasts and management reports to flag utilization, expenditures or compliance issues and risks with sufficient lead time to take preventative actionEvaluate the adherence to contractual terms through audits, reviews, and data analysisPrepare comprehensive compliance reports, detailing findings, recommendations, and action plans, and maintain accurate records of compliance activitiesProvide reports, forecasts and assistance to IT contract managers in budget planning and capital planning for upcoming yearsContribute to the development and implementation of IT contract compliance policies and proceduresEducate stakeholders on IT contract compliance requirements and best practicesIdentify opportunities to improve IT contract management processes and enhance overall complianceAssist in identifying cost-saving opportunities and recommending contract optimizationsSupport budgeting efforts by providing insights into IT contract expendituresEnsure adherence to internal financial policies and industry compliance standardsAct as a liaison between IT, finance, procurement, audit and legal teams to streamline contract management processesSupport internal and external audit requests related to IT contractsCommunicate audit findings and improvement recommendations to stakeholdersMaintain a centralized database of IT contracts and track key renewals and amendmentsWork with Procurement to ensure timely renewals and amendmentsPrepare audit reports and provide updates for improvementReview IT vendor contracts to ensure adherence to terms, conditions, and regulatory requirementsConduct periodic audits to assess contract compliance, financial accuracy, and service-level agreement (SLA) fulfillmentWhat You'll Need Required :
Experience in IT contract management and complianceStrong analytical skills for contract analysis and reportingAbility to develop forecasts and management reportsPreferred :
Familiarity with budgeting and forecasting for IT expendituresStrong understanding of internal financial policies and regulatory compliance standardsAbility to streamline contract management processes and identify cost-saving opportunities