London Office - IT Finance & Procurement Manager (Hybrid working, M/F/D)

London Office - IT Finance & Procurement Manager (Hybrid working, M/F/D)

Location

London

Job Description

About L.E.K. Consulting

L.E.K. Consulting is a global strategy consulting firm that addresses the most critical commercial issues for the leaders of some of the world's most successful businesses.

Clients come to us time and again because we are proven to act as an insightful expert and a trusted partner. We are uncompromising in our approach to help clients make better decisions at crucial moments, changing the trajectory of their enterprise, delivering improved business performance and creating greater shareholder returns.

Our teams combine our core capabilities of research, benchmarking, modelling, data & analytics and strategy development to create game-changing insights and practical solutions that seize competitive advantage and unlock new growth opportunities. We enable clients to make critical decisions with greater certainty and empower them to master their moments of truth.

With more than 2,300 professionals located across five continents, L.E.K. specialises in Strategy and Mergers & Acquisitions (M&A) support with clients across the full range of corporates and private equity. We are expert in a wide range of industries, including Life Sciences and healthcare, retail and consumer, financial services, industrials, energy and transportation.

Role Overview

Job Title: Global IT Finance & Procurement Manager

IT Team: IT Finance & Procurement

Reports To: Senior Director of Global IT

Location: London

Job Type: Full Time

Direct Reports: Two Senior IT Procurement and Contracts Analysts

Job Summary

The Global IT Finance & Procurement Manager is primarily responsible for leading the IT Finance & Procurement function, providing strategic oversight of IT procurement, vendor and contract management, and financial governance. This role manages a team of two finance procurement and contracts specialists and serves as a key liaison between the broader IT organization, corporate finance, and the London office community.

The Global IT Finance & Procurement Manager will also take an active role in shaping IT Asset Management (ITAM) policies and processes and will work in close partnership with the corporate Finance team to manage the IT budget and drive the annual budgeting cycle, monthly tracking and monthly reconciliation. The ideal candidate combines strong financial acumen with a people-first approach and has a track record of leading teams in a global professional services environment.

An additional aspect of this role is serving as the IT Office Liaison for the London office - acting as an escalation point of contact and a trusted bridge between office staff and the IT service desk function. The successful candidate will bring clarity, responsiveness, and a service-oriented mindset to reduce friction and improve the working relationship between these groups.

Key Responsibilities

People Management

• Manage, coach, and develop assigned personnel, setting clear objectives and conducting regular performance reviews

• Provide day-to-day guidance, workload prioritization, and quality oversight for the IT finance and procurement function

• Support the onboarding, training, and professional growth of direct reports

• Foster a collaborative, accountable, and high-performance team culture

• Provide guidance and mentorship to local office service desk staff as necessary

• Serve as an escalation point and buffer between local office staff and the service desk

• Collaborate with regional service desk leadership to provide necessary assistance for the local service desk team

IT Budget Management & Corporate Finance Collaboration

• Own and drive the annual IT budget process, working closely with the Director of IT Finance and Vendor Management and the corporate Finance team to develop, submit, and manage the IT budget

• Serve as the primary liaison between IT Finance and the corporate Finance team, ensuring alignment on reporting, forecasting, cost centre allocation, and financial governance

• Conduct monthly reconciliation of IT spend against financials reported by Finance, investigating and resolving variances

• Provide accurate and timely IT budget reporting, variance analysis, and forecasting to senior stakeholders

• Partner with IT leadership to track capital and operating expenditure against approved budgets and flag risks for overspend proactively

• Support finance-led initiatives such as audits, cost reviews, and year-end processes as they relate to IT spend

IT Asset Management (ITAM)

• Lead the development, implementation, and continuous improvement of IT Asset Management policies, procedures, and governance frameworks

• Oversee the full lifecycle management of hardware and software assets, from procurement through to disposal

• Ensure software license compliance across all corporate-owned titles and maintain accurate license entitlement records

• Define and enforce ITAM best practices in line with industry standards and internal audit requirements

• Partner with IT teams and Finance to ensure asset data is accurate, accessible, and aligned with financial reporting requirements

Procurement & Vendor Management Oversight

• Provide strategic direction and managerial oversight for all IT procurement activities across hardware, software, and services

• Oversee vendor management activities including performance reviews, escalation management, and contract negotiations

• Review and approve key contracts, amendments, statements of work, and software license agreements

• Ensure procurement processes, policies, and workflows are maintained, documented, and continuously improved

• Conduct regular market analysis to ensure the firm receives competitive pricing and maximizes value from its vendor relationships

• Oversee the management of L.E.K.'s wireless mobile device accounts, including vendor relationships and cost optimization

Stakeholder Engagement & Communication

• Build and maintain strong working relationships with IT leadership, business and finance stakeholders

• Communicate effectively across all levels of the organization, translating complex financial and procurement information into clear, actionable insights

• Represent IT Finance & Procurement in cross-functional meetings and project initiatives, ensuring procurement and financial considerations are addressed early

• Identify and pursue continuous improvement opportunities across vendor, contract, procurement, and financial management processes

Experience

• 6+ years of relevant experience in IT finance, IT procurement, IT vendor management, or a related field

• Demonstrated experience managing or mentoring direct and indirect reports in a professional services or corporate environment

• Proven experience partnering with a corporate Finance function on budgeting, forecasting, and financial reporting

• Hands-on experience developing or managing IT Asset Management frameworks or policies

• Experience in a global professional services firm will be highly regarded

Qualifications

• Bachelor's Degree from an accredited college or university; a qualification in Finance, Business, or a related discipline is preferred

• Professional certification in ITAM (e.g. CHAMP, CSAM) or procurement is desirable but not required

Skills and Competencies

• Strong leadership and people management skills with the ability to motivate, develop, and hold a team accountable

• Excellent stakeholder management and interpersonal skills, with confidence engaging at all levels of an organization

• Proven ability to act as a trusted intermediary between business stakeholders, consulting staff, and a technical function

• Strong financial acumen, including budget management, variance analysis, and spend forecasting

• High attention to detail and the ability to interpret complex procurement, contract, and financial data

• Strategic thinking with the ability to translate organizational goals into process improvements

• Excellent organizational and prioritization skills with the ability to manage multiple competing priorities

• Strong written and verbal communication skills, with the ability to present clearly to senior audiences

Working Conditions

• Standard London office working hours with in-office requirement of 3 to 4 days per week.

• Ability to attend regional and global meetings outside of standard working hours

• Occasional travel may be required

Key Performance Indicators (KPIs)

• Team performance and development - direct reports achieving objectives; retention and engagement

• Budget accuracy - variance between IT budget and actual spend within agreed tolerance

• IT Asset Management - license compliance rate; accuracy of asset register

• Procurement efficiency - contract renewal lead times; cost savings and avoidance achieved

• Stakeholder satisfaction - feedback from Finance, IT leadership, and office stakeholders

Diversity and inclusion at L.E.K.

Here at L.E.K., we appreciate the value of a diverse and inclusive workforce and are committed to a culture that is inclusive and accepting of all people. Above all, we are committed to ensuring that all employees are treated with respect and dignity. L.E.K. Consulting is an Equal Opportunity Employer.

We have several affinity groups to support and enrich our employees and in addition, our Diversity and Inclusion committee celebrate events throughout the year with a focus on awareness and education.

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