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

Overview

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 act as insightful experts and trusted partners. We are uncompromising in helping clients make better decisions at crucial moments, changing the trajectory of their enterprise and delivering improved business performance and greater shareholder returns. Our teams combine research, benchmarking, modelling, data & analytics and strategy development to create game-changing insights and practical solutions that seize competitive advantage and unlock growth opportunities. We have more than 2,300 professionals across five continents, specializing in Strategy and Mergers & Acquisitions (M&A) support across industries including Life Sciences, healthcare, retail and consumer, financial services, industrials, energy and transportation.

Role Overview

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 role also shapes IT Asset Management (ITAM) policies and processes, partners with corporate Finance to manage the IT budget, and drives the annual budgeting cycle, monthly tracking and 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. The successful candidate will bring clarity, responsiveness, and a service-oriented mindset to reduce friction and improve working relationships.

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 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 with the Director of IT Finance and Vendor Management and the corporate Finance team
  • 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, investigating and resolving variances
  • Provide accurate and timely IT budget reporting, variance analysis, and forecasting to senior stakeholders
  • Track capital and operating expenditure against approved budgets and flag overspend risks
  • 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
  • Oversee full lifecycle management of hardware and software assets from procurement through disposal
  • Ensure software license compliance across all corporate-owned titles and maintain 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 competitive pricing and maximum value from vendor relationships
  • Oversee 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 complex financial and procurement information clearly across all levels
  • Represent IT Finance & Procurement in cross-functional meetings and project initiatives
  • 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 related field
• Experience managing or mentoring direct and indirect reports in a professional services or corporate environment
• 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 is highly regarded

Qualifications

• Bachelor's Degree from an accredited college or university; qualification in Finance, Business or related discipline preferred
• Professional certification in ITAM (e.g. CHAMP, CSAM) or procurement desirable but not required

Skills & Competencies

• Strong leadership and people management skills with ability to motivate and develop a team
• Excellent stakeholder management and interpersonal skills, comfortable engaging at all levels
• 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 in interpreting procurement, contract and financial data
• Strategic thinking with ability to translate goals into process improvements
• Excellent organizational and prioritization skills
• Strong written and verbal communication skills for senior audiences

Working Conditions

• Standard London office hours with in-office requirement of 3 to 4 days per week
• Ability to attend regional and global meetings outside standard 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 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

We value a diverse and inclusive workforce and are committed to a culture that is inclusive and respectful. L.E.K. Consulting is an Equal Opportunity Employer. We have affinity groups and a Diversity and Inclusion committee that celebrates events throughout the year with focus on awareness and education.

For Further Information

Further information on the L.E.K. Career Journey can be found in the career section of L.E.K.’s site.