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IT Commercials and Governance Manager

Position Title: IT Commercials and Governance Manager

About Advanced Energy

Advanced Energy Industries, Inc. (NASDAQ: AEIS), enables design breakthroughs and drives growth for leading semiconductor and industrial customers. Our precision power and control technologies, along with our applications know-how, inspire close partnerships and innovation in thin-film and industrial manufacturing. We are proud of our rich heritage, award-winning technologies, and we value the talents and contributions of all Advanced Energy's employees worldwide.

Position Summary

The IT Commercials and Governance Manager is a position in the Information Technology department, providing IT legal, financial, and commercial support such as contract review, vendor accreditation, procurement coordination, and supporting the budget cycles.

Responsibilities:

• IT Contract Lifecycle Management

• Perform initial review of IT contracts (business and commercial terms at the minimum)

• Ensure alignment of contracts to standard terms or justify any deviation from standard

• Facilitate review process with legal and expedite closure of urgent contracts

• Recommend contract review prioritization based on opportunities and risks

• Monitor status of contracts and provide visibility to global IT

• Recommend improvements to overall contract management process

• Financial Management

• Lead the budgeting process in IT

• Monitor spend against budget for both capital and expense, provide inputs on monthly accruals and quarterly forecasts, and provide management insights on IT’s financial position

• Procure-to-Pay

• Review vendor proposals and negotiate as needed; ensure planned spend are aligned with budget

• Assist in creating purchase requisitions (PR) that are aligned with internal accounting policies and expedite approval of critical purchases

• Review open purchase orders (PO) and invoices, and help ensure vendors are paid on time

• Project Support

• Provide financial guidance on project business case (TCO)

• For new vendors, assist in vendor onboarding (e.g. vendor accreditation, master agreement setup, resource onboarding, etc.)

• Process Design

• Improve, standardize and globalize processes around all areas identified above

Qualifications:

• Bachelor’s degree in business administration, information technology or equivalent

• 8+ years of relevant work experience including proven ability to collaborate effectively with IT and other business functions (legal, finance, procurement, etc.)

• Knowledgeable in contract review (e.g. NDAs, master agreements, statements of work, etc.); contract drafting experience a plus

• Knowledgeable in basic accounting principles; familiarity with SAP or Oracle ERP a plus

• Knowledgeable in business/pricing models of common IT commodities (e.g. hardware, software and services); negotiation skills a plus

• Excellent organizational skills and communication skills (both oral and written)

• Strong attention to detail

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees in order to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, we offer a strong benefits package in each of the countries in which we operate.

Advanced Energy is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected Veterans, and Individuals with Disabilities.

We are committed to protecting and respecting your privacy. We take your privacy seriously and will only use your personal information to administer your application in accordance with the RA No. 10173 also known as the Data Privacy Act of 2012.