Hytech Hiring! Full Time Cost Analyst in Federal Territory - Ricebowl

About Hytech

Hytech is a leading management consulting firm headquartered in Australia and Singapore, specialising in digital transformation for fintech and financial services organisations. We deliver end-to-end consulting services and provide robust middle- and back-office solutions that enable our clients to optimise operations, enhance efficiency, and stay ahead in a fast-evolving digital landscape.

With more than 2,000 professionals worldwide, Hytech has a strong and growing international presence, with offices across Australia, Singapore, Malaysia, Taiwan, the Philippines, Thailand, Morocco, Cyprus, Dubai, and beyond.

About the Role

As a Cost & Vendor Management Analyst, you will play a key role in bridging Finance and Procurement by driving cost transparency, vendor evaluation, and procurement governance. You will leverage data-driven insights to support decision-making, optimize vendor spending, and enhance cost efficiency across the group.

Key Responsibilities:

1. Cost Analysis & Insights: Analyze vendor and system-related costs, including cost structures, usage patterns, and key cost drivers. Identify anomalies, trends, and opportunities for cost optimization, and provide structured insights to improve spending efficiency.
2. Vendor Evaluation & Benchmarking: Collect and assess vendor quotations, service scope, and product features. Perform structured comparisons across vendors and conduct market benchmarking to recommend optimal vendor solutions.
3. Procurement Governance & Process: Support and enhance procurement and cost management processes. Ensure compliance with procurement procedures (RFQ, quotation comparisons, documentation) and maintain accuracy and completeness of records in line with governance standards.
4. Cost Monitoring & Performance Management: Monitor vendor usage and cost trends, evaluate vendor performance, and support renewal or replacement decisions. Participate in vendor discussions, including pricing evaluation and proposal assessments.
5. Data & Reporting: Develop cost analysis reports and dashboards to improve spend visibility. Provide actionable insights and metrics (e.g., cost per usage/client, vendor performance tracking) to support management decision-making.

What We’re Looking For:

1. Experience: Minimum of 2 years of experience in cost analysis, financial operations, procurement, or vendor management.
2. Technical Expertise: Strong understanding of cost structures, budgeting, and financial analysis; accounting knowledge is an advantage. Advanced proficiency in Microsoft Excel; familiarity with Xero is a plus.
3. Analytical Skills: Strong problem-solving ability with attention to detail, capable of identifying cost drivers, trends, and anomalies.
4. Communication & Collaboration: Good interpersonal and communication skills to work effectively across departments and stakeholders.
5. Work Style: Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced, dynamic environment.

What We Offer:

• A collaborative and inclusive work environment.
• Opportunities for professional growth and development.
• The chance to play a pivotal role in shaping the future of our organization.