Senior 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.