Software Asset Management Specialist

Role & responsibilities

Key Responsibilities:

Software Asset & Inventory Management: Maintain comprehensive records of

software inventory, license types, usage, and status. Ensure hardware and software

asset records are accurate and up to date.

Procurement-to-Pay (P2P) Cycle: Manage the full procurement lifecycle, including

PR creation, PO issuance, invoice verification, and payment follow-ups.

Vendor Coordination: Onboard new vendors, conduct market research for cost-

saving opportunities, and maintain strong professional relationships with OEMs and

partners.

Contract Management: Draft terms and conditions, handle renewals, and manage

contract negotiations for IT services and cloud solutions.

Financial & Analytical Reporting: Develop, track, and forecast IT budgets. Perform

cost analysis and report on spend variances against budgets.

Compliance & Audit Support: Ensure adherence to software licensing models and

provide necessary documentation for internal and external audits.

Experience: 3-4 years of relevant experience in IT procurement or software asset

management.

Technical Skills: Strong understanding of software licensing models, cloud

technologies

Tools: Proficiency in financial management and ERP tools (experience with Oracle

preferred).

Analytical Abilities: Proficient in market analysis, budgeting, and identifying cost-

saving trends.

Communication: Excellent negotiation and coordination skills for managing vendor

relationships and internal stakeholder requirements.