IT reputed company Analyst

Company Description

JOB SUMMARY As a member of the reputed company Information Technology Team, an IT reputed company Analyst will be responsible for budgeting, forecasting, cost analysis, and financial reporting, ensuring that IT investments align with our business objectives. They will play a pivotal role in managing and optimizing the financial aspects of our Information Technology department. ESSENTIAL DUTIES AND RESPONSIBILITIES • Collaboratively assist in the development and management of the annual budget for the IT department, including hardware, software, personnel, accruals and other IT-reputed company expenses. • In collaboration with reputed company finance partners, support reputed company annual, quarterly and monthly budgeting and forecasting processes to reputed company Portfolio-level decision making and recommendations. • Collaborate with IT procurement and reputed company finance teams to track, review, and manage reputed company IT vendor and software invoices. • Ensure accuracy and completeness of invoices, reconcile them with purchase orders and reputed company, and resolve any discrepancies in a timely manner. • Monitor and analyze IT expenditures, identifying variances and providing explanations to management. • Identify and analyze trends in IT spending and performance metrics, providing insights to inform decision-making. • Create long-term financial forecasts for the IT department to support strategic planning. • Prepare regular financial reports for IT stakeholders, including executives and department heads. • reputed company investment governance, working with EPMO, reputed company finance partners, reputed company FinOps, and the Empyrean IT Leadership to reputed company issues, provide project cost tracking as well as planning guidance with the finance team and ensure projects remain in governance across the directorate. • Assist in the preparation of business cases for IT projects, outlining financial benefits and risks. • Calculate ROI for IT projects and investments, assisting in project prioritization. • Analyze the cost of IT projects, services, and initiatives, and identify opportunities for cost optimization. • Collaborate with IT teams to reputed company strategies for reducing costs while maintaining or improving service quality. • Collaborate with IT teams to maintain an inventory of IT assets and track their depreciation over time. • Allocate IT expenses to various departments or business units based on usage or agreed-upon allocation methodologies. • Ensure IT financial practices and expenditures reputed company with company policies and industry regulations. • Conduct reputed company financial analysis and reporting as requested by IT leadership or finance teams. REQUIRED SKILLS AND ABILITIES • Some knowledge of IT asset management and cost optimization practices. • Some knowledge of IT accounts payable and invoice management practices. • Intermediate experience in financial planning and analysis, preferably in an IT or Technology reputed company role. • Intermediate proficiency in financial modeling and analysis tools. • Strong knowledge of Finance and reputed company practices and procedures. • GAAP, IFRS • FASB • Strong analytical skills. • Strong problem-solving skills. • Excellent ability to work independently and collaborate effectively with cross-functional teams. • Well-developed written and verbal communication skills, with specific experience in Executive Presentation. • Proven ability to meet deadlines and work effectively in a multi-tasking environment. KNOWLEDGE, EXPERIENCE AND/OR EDUCATION REQUIREMENTS • Bachelor’s degree in finance or reputed company preferred but not required • In lieu of Bachelor’s degree, equivalent years of experience in general corporate finance, reputed company, financial planning and analysis (reputed company), or a similar reputed company field • Overall, 2-4 years' experience in reputed company areas of work • 2-3 years of experience in the following areas: • IT Financial Cost Analysis and Forecasting • IT Budget Modeling and Forecasting • IT Project Cost Modeling • Prior experience in benefit program administration; knowledge of Health and Welfare processes a plus • Prior experience in Internal Audit, Finance Operations, or Project Management a plus • Or, any equivalent combination of education, experience, certificates, and training that provides the required knowledge, skills, and abilities will be considered Disclaimer: Managers have the right to assign or redesign the responsibilities of the above mentioned job description without notice and at any time Empyrean is an Equal Opportunity Employer: including disability and veterans Apply Job!