Sun Pharma—IT VMO Manager

Job description

Description: At Sun Pharma, we commit to helping you “Create your own sunshine”— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community. Are You Ready to Create Your Own Sunshine? As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.” Key Responsibilities - - Purchase Requisition, Purchase Order & Contract Management: Manage execution of Creating PR, Purchase Orders (POs), Rate Contracts (RCs) within ERP systems (e.g., SAP/Ivalua). Ensure contracts are legally compliant and clearly defined. - Budget Ownership, Actual Reporting & Financial Control: Manage end-to-end IT budgeting with all the IT tower leads and Finance team. This includes annual planning, actuals tracking, variance analysis, and spend control, ensuring all IT financial transactions are tightly governed. - Cost Optimization & Data Analysis: Analyse spending patterns, identify opportunities for cost savings and Budget rationalization. - Orchestrate Vendor Management & Governance: Work with Procurement, IT teams and Vendors to establishing strong governance and issue resolution for complete IT vendor lifecycle from Onboarding, Contracting, Renewals, Invoicing and Payment. - Strategic Procurement & IT Commercials: Drive sourcing and contracting for IT software, infrastructure, consulting, and manpower services, focusing on cost optimization, de-risking through alternate vendors, and global contract consolidation. - Cost Optimization & Chargeback Management: Implement true-cost allocation and chargeback mechanisms across parent and affiliate entities in coordination with taxation teams, while continuously optimizing IT costs through consolidation. - Contract Management: Oversee all IT service agreements, ensuring legal compliance, clearly defined KPIs, penalties, and proactive management of renewals and contractual obligations. - Reporting, MIS & Stakeholder Engagement: Produce management MIS dashboards to support decision-making, leverage SAP and BI tools for reporting, and maintain strong communication with internal stakeholders and vendors through structured reviews and satisfaction surveys. Functional Expertise - Experience in Vendor Management Office Domain. - Detailed & proven knowledge in VMO, IT Commercial strategy, Procurement & Budget control - Experience in SAP in areas or Purchase Requisition, Purchase Orders, Goods Receipt - Skills, Knowledge, Abilities experience in reporting tools such as SAP BW, Power BI or other tools Key Competencies - Process Orientation: Setting up Processes for better operations management. - Analytical Skills: Data-driven approach for Financial Prudence. - Communication: Ability to liaise between IT Teams, Procurement, Finance and Vendors. - Problem-Solving: Proactive in resolving issues between teams. Key Performance Indicators (KPIs) - IT Budget Variance (%) - Cost Savings & Optimization Realized (%) - Requirement–PR–PO–Delivery Turnaround Time (Cycle Time) - Contract Compliance & Coverage (%) Travel Estimate 0% Job Requirements Educational Qualification Graduate in any discipline with or without MBA. Experience 15+ years Tenure: Your Success Matters to Us At Sun Pharma, your success and well-being are our top priorities! We provide robust benefits and opportunities to foster personal and professional growth. Join us at Sun Pharma, where every day is an opportunity to grow, collaborate, and make a lasting impact. Let’s create a brighter future together! Disclaimer: The preceding job description has been designed to indicate the general nature and level of work performed by employee within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of incumbent(s).