Manager, IT Budget

3 months ago

Toronto, Canada Vale Full time

**Ready to build a rewarding career in an industry that is growing?**

**Who We Are**

We are a global mining company dedicated to safely delivering nickel, copper, cobalt, and platinum group metals essential for the world’s energy transition.

Our mission is to improve lives and shape a better future together.

From utensils to cellphones to satellites, our operations simplify daily life and enhance connectivity. Our metals are integral to life-saving medical equipment and the electric vehicles driving the fight against climate change - our work truly matters.

Join our diverse team of 15,000 talented individuals committed to transforming critical minerals into prosperity and sustainable development in countries like Canada, Brazil, Indonesia, the United Kingdom, and Japan. We invite you to use your skills with us and contribute to something meaningful and enduring.

**The Opportunity**

We are currently seeking a **Manager, IT Budget & Vendor Management **to join our **Information & Operational Technology** team in Toronto.

This is a permanent hybrid position.

As a Manager, IT Budget & Vendor Management, you will be responsible for managing the Information & operational Technology budget and building strong relationships with IT/OT vendors. Oversee and manage financial accounting, billing, reporting, and control activities across technology finances. Your experience and skills will allow you provide commercial, contractual, and financial management expertise to ensure the IT/OT function has clear visibility and management of the functions budget, optimizes value for money from contracts with suppliers / third parties, and ensures the TCO (total cost of ownership) is aligned with Industry Benchmarks and with the business needs.

Additionally, in this position you will:

- Collaborate with finance for regular analysis of IT/OT budget, including reporting financial performance and analyzing variances (budgeted costs vs actual costs) to identify cost saving opportunities and support budget decision-making for the IT/OT function
- Consolidate and own the on-going management of the TCO (total cost of ownership) for the IT/OT function globally.
- In collaboration with Procurement, develop and manage vendor management strategy, including managing the supplier / partner selection process, setting selection criteria, pricing and contract negotiations, and establishing the supplier / partner relationship governance
- Identify and mitigate risks associated with vendor relationships, such as vendor stability, performance issues, and contractual disputes, to minimize potential disruptions to IT/OT function business operations
- Continuously assess and refine IT budgeting and vendor management processes, implementing best practices and tools to enhance efficiency.

**About You**

**Education**:

- An undergraduate degree in Commerce, Finance or Accounting is required.

**Experience**:

- A minimum of 10 years’ experience in Finance and/or Procurement
- Experience in IT procurement and contract management is a plus.

**Skills**:

- Understanding of IT sourcing trends and their potential implications to the business
- Knowledge of strategic partnerships lifecycle management
- Knowledge of procurement and contract negotiation
- Knowledge of financial management tools e.g. SAP, Oracle Financials
- Contract interpretation and negotiation skills.

**What We Offer You**
- Competitive compensation including a variable annual incentive plan
- Participation in a competitive Defined Contribution Pension package
- Comprehensive benefits package (company paid core coverage, health and dental coverage, flex accounts, disability plans and optional insurances)
- Leave for all of life’s reasons (vacation, flex, sick, parental)
- Flexible work arrangements.
- Work culture dedicated to safety, diversity & inclusion, and career growth
- Employee Family Assistance Program
- Virtual Healthcare online
- Online training and career development opportunities

**Why Toronto**

Vale's Toronto office, nestled in the heart of Canada's largest city, serves as a pivotal hub for the company's operations. This office is central to Vale’s IT, strategic planning, Human Resources, and legal affairs, driving key initiatives that support the company's global mission. Toronto’s vibrant, diverse, and dynamic environment enhances Vale’s ability to innovate and excel in these critical areas, reflecting the city's status as a leading international business center.

**Include to Transform**

At Vale Base Metals, we are committed to ensuring an inclusive work environment where people feel comfortable to be themselves. Vale encourages everyone to express their ideas and opinions and values the plurality of individual profiles. We want our people to feel that all

voices are heard, all cultures respected and that a variety of perspectives are not only welcome - they are critical to our success. We treat each other fairly and with dignity regardless of r

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