Costing Analyst

About Hytech
Hytech is a leading management consulting firm headquartered in Australia and Singapore, specialising in digital transformation for fintech and financial services organisations. The company delivers end-to-end consulting services and provides robust middle- and back-office solutions that enable clients to optimise operations, enhance efficiency, and stay ahead in a fast-evolving digital landscape. Hytech’s client portfolio includes top global trading platforms and leading crypto exchanges.

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 Senior Costing 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
- 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.
- Provide structured insights to improve spending efficiency.
- Vendor Evaluation & Benchmarking:
- Collect and assess vendor quotations, service scope, and product features.
- Perform structured comparisons across vendors.
- Conduct market benchmarking to recommend optimal vendor solutions.
- Procurement Governance & Process:
- Support and enhance procurement and cost management processes.
- Ensure compliance with procurement procedures (RFQ, quotation comparisons, documentation).
- Maintain accuracy and completeness of records in line with governance standards.
- 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.
- 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.