IT Financial Analyst Job Description
IT financial analyst
provides operations support for SAP systems and technical infrastructure, including but not limited to transport administration, printer administration and system monitoring.
IT Financial Analyst Duties & Responsibilities
To write an effective IT financial analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included IT financial analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide comprehensive financial analysis, forecasting and reporting for assigned areas and assist in meeting all financial commitments and goals
Analyze new initiatives and determine business issues that require special analysis
Responsible for managing and support of on-going maintenance, changing allocations, business rules, objects, formulas, within ITBFM solution
Meet with the process owners and knowledge experts for Technology business processes
Assist with risk assessment analyses and valuations for the current business processes new processes and system implementations
Lead annual budgeting and forecasting process, providing financial direction to management regarding budget preparation and conducting formal presentations as required
Functions for projects
Continually evaluate processes to improve overall financial reporting and analysis and drive implementation
Work closely with internal customers to provide transparency on technology expenses
Review and manage all cost allocation methodologies and their impact on Product Profitability
IT Financial Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for IT Financial Analyst
List any licenses or certifications required by the position: CPA, ITIL, PM, MBA, CMA, PMP, PMI, CBAP, CCBA, CIA
Education for IT Financial Analyst
Typically a job would require a certain level of education.
Employers hiring for the IT financial analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Business, Economics, Business/Administration, Education, Information Technology, MBA, Information Systems, Computer Science
Skills for IT Financial Analyst
Desired skills for IT financial analyst include:
Business
Cost allocations
Excel
Forecasting
Information systems concepts
PowerPoint
SAP
System administration and cloud and platforms
Application/infrastructure support
Asset management principles
Desired experience for IT financial analyst includes:
Bachelor’s degree in Economics, or Computer Science, or Information Technology or equivalent
Minimum 5-7 years of experience in Financials, in IT domain and/or governance and or/delivery departments
Clear understanding of financials of large complex IT organizations and experienced in best practices financial tools and techniques in a complex international environment
Rigor, quality driven attitude and leadership are required
Demonstrated customer focus – evaluates decisions through the eyes of the stakeholder, builds strong customer relationships creates processes with stakeholder viewpoint, partners with stakeholders to help shape their future initiatives
Fluent in English and Italian, French is a plus
IT Financial Analyst Examples
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IT Financial Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for an IT financial analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for IT financial analyst
- Partner, facilitate, and support IT functions related to Service Level Agreement (SLA) billings, Vendor Service Billings, Performance Metrics, and lead cost saving initiatives by collaboratively working with key business and IT leaders
- Ensure data integrity of all IT Infrastructure allocations
- Work with IT technical resources to develop policies, procedures and systems to support IT cost accounting
- Execute processes and policies that ensure fair and accurate accounting, financial practices and reporting
- Monitor monthly performance against budget, estimates and prior years
- Perform and track cost/benefit analysis for Capital Acquisitions and other IT expense projects
- Manage and lead IT Infrastructure annual planning, budgeting processes and headcount formulation
- Ensure operational data synchronization with financial statements while ensuring overall data integrity
- Develop, implement and track unit key indicators within Technology in partnership with IT Management
- Initiate, drive and implement those activities that improve the overall financial reporting and analysis of supporting areas
Qualifications for IT financial analyst
- Accustomed to working in a highly-matrixed organization
- Hardware and software lifecycle management preferred
- Maintain constructive relationships within and outside the group
- Develop proactive finance and analytical tools, including cost models and departmental scorecards
- Participate in on-going departmental process improvements
- 7+ years of Financial Planning and Analysis experience with a background in Technology Financial Analysis budgets and forecasts
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IT Financial Analyst Job Description
Job Description Example
Our growing company is looking for an IT financial analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for IT financial analyst
- Capture and decipher details during team discussions
- Participate in Financial/Infrastructure/Applications workshops in regards to Service Costing
- Document meeting discussion and follow-up on requests
- Perform ad-hoc research, analysis and reporting
- Assist TBMA with current workload and tasks
- Ensures questions and discrepancies about specifications in his/her component of the project, are resolved during the solution development process
- Monitor and coordinate accounting activities as appropriate, and prepare internal reports for management
- Perform variance analyses and prepare other ad hoc analyses as requested
- Provide financial guidance and support to I.T
- Responsible for reviewing, auditing, and processing IT invoices
Qualifications for IT financial analyst
- Minimum 3-5 years relevant experience in a financial analyst role required
- Five plus years related experience in supporting finance, accounting and decision support in a multi unit environment
- Hyperion Essbase and/or A3 experience desired
- Experience financially supporting the implementation of ERP programs
- Analytical skills for financial modeling and analysis, including chargebacks/showbacks
- Previous experience working with scripting, report building, HTML
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IT Financial Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for an IT financial analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for IT financial analyst
- Work closely with the Financial Planning & Analysis Manager on various financial analyses and reports
- Ensure invoices, accruals and department allocations of expenses are accurate on a monthly basis
- Provide the Chief Accounting Officer MD&A commentary on a quarterly basis
- Primary Finance support for firm’s Chief Operating Officer and Chief Technology Officer on IT finances and strategy
- Review operating expenses and capital expenditure with department heads
- Create dynamic reports and dashboards that highlight trends and potential red flags for both operating and capitalized spends
- Supporting the IT annual budget and planning process by creating an intake template and reviewing the proposed budget with the IT Leads
- Creating the monthly capitalization reporting and partnering with the company's Finance and the Strategic Integration team
- Partnering with the IT PMO Director to develop a monthly process to report on project financials
- Identifying variances in reports
Qualifications for IT financial analyst
- 3 or more years of related experience including system design, documentation, maintenance, upgrades and troubleshooting
- 3-6 years of Financial Analysis experience working with discounted cash flow modeling
- BS degree in finance or accounting/MBA preferred
- Strong foundation in Accounting
- Identifying areas for automation within the current financial review process
- Assist in the preparation of the annual Information Technology operating budget
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IT Financial Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of IT financial analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for IT financial analyst
- Implement computer systems and modify existing applications based on users' needs and business requirements
- Manage detailed operating expense forecasts
- Analyze variances versus budget, forecast and historical results
- Provide financial oversight of budgets to ensure accuracy, availability, and timeliness of information
- Determines cost of operations by establishing standard costs
- General Ledger reconciliation against IT expense budget/project budget
- Ad Hoc analytic reporting
- Management of consultants supporting financial transactions
- Reporting – prepare high level capital labor, tax, ITASSA, and Franchise reports
- Provide first line support for the users of the financial applications
Qualifications for IT financial analyst
- Self-motived and results oriented with critical attention to detail and deadlines
- Strong collaborative skills and ability to work within a team
- At least 4+ years of experience in financial planning & analysis or accounting
- Experience in managing technology budgets and projection is a plus
- Providing visibility to actual spend per period and explain variances
- Analyzing financial status by collecting, monitoring, and studying data
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IT Financial Analyst Job Description
Job Description Example
Our growing company is looking for an IT financial analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for IT financial analyst
- Build business partnership with IT PMO and broader Finance teams
- Act as the on-site focal point for all IT problems experienced by the clients in the Calgary branch
- Provide Level 2 Desktop IT support to the clients
- Work with other IT teams to resolve issues and implement new technologies
- Propose optimization solutions to better support the clients
- Participate in the improvement, updating and implementation of the IT politics, procedures and standards and make sure they are respected
- Maintain documentation for all systems, both procedure reports and intervention logs
- Help with analyses for major information technology projects and participate on various activities within these projects
- See to the smooth running and maintenance of applications and systems, in cooperation with contractors
- Ensure the integrity of computerized data and the stability of systems
Qualifications for IT financial analyst
- Improving financial status by analyzing results
- Ability to gather and analyze complex data to derive and present key insights, potential actions and expected outcomes
- Monitoring and tracking progress on cost savings initiatives across two critical programs
- Providing financial analysis for business cases supporting complex IT vendor contract proposals
- Analyzing and reporting on project management office (PMO) budgets and forecasts of IT labor project demand
- Spearheading full roll out of IT service catalog to lines of business