CTG Financial Analyst - IT Projects in Durham, North Carolina
Title: Financial Analyst - IT Projects
Job Number: 17206910
CTG is assisting in hiring a seasoned Financial Analyst (Over IT Projects) in Durham, NC. We are looking for someone who is experienced in managing budgets, etc. for IT projects. This is a contract-to-hire job opportunity with our client in Durham, NC and the client is a leading multinational manufacturer and marketer of consumer and professional products. Our client is looking to start this person on December 1st and the initial training will be in Pleasanton, CA (must be avail to travel 1 week in December for training).
The Financial Analyst would be responsible for the overall governance, operational, financial reporting and management dashboards utilized by IT to enable a productive and efficient operation and drive continuous improvement. This role supports the processes for improved organizational effectiveness and executes the processes to create data correlations, data abstraction and reporting from our IT systems of record (ITIL processes, ServiceNow, Apptio, SAP and any other required tools). The Financial Analyst will be responsible for assisting program managers, project managers, service support and delivery leaders who act as cost center owners / project owners to develop their budgets, manage their forecasts, complete accruals, support deferability / capital needs, long range planning, contract analysis and analyze cost transparency/service costing across IT assets to drive better decisions and choices using the TBM (Technology Business Management) methodologies and frameworks. They apply financial, service and vendor management acumen to help implement and operationalize analysis and solutions designed to position the IT team with the knowledge to manage and communicate the cost, quality, and value of IT Services.
Duties / Responsibilities:
Support of the overall process and act as the process owner for their assigned functions for IT financial and service performance analysis activities with full ownership over the development of process to establish full accountability and sustainability across the entire IT Organization. This includes supporting the IT Process Steward role to ensure that a robust process governance structure is in place to cover every aspect (including data and metrics) of the deployed Financial, ITIL, Portfolio and Project Management processes across all assigned IT functions.
Supports the development of a Performance Management implementation roadmap and define in year functions that can be achieved in the Performance Management strategy – Ties the metrics, financials and models to the IT Strategy and Roadmap
Responsible for the review and analyses of the monthly IT departmental IT budget forecasts and actuals - globally
Supports and acts as experts in assigned areas to assist Cost Center and Program Managers, Project Managers with key finance activities such as the following: budgeting, forecasting, accruals, contract analysis / metrics, financial issue management, capital analysis and impact, deferrals, and LRP.
Initiates and facilitates collaboration sessions and develops scorecards and reports to support Cost Center and Program Managers, Project Managers Partners with Corporate Accounting and Finance to support our client's financial policies and accounting principles generally accepted in the U.S. (GAAP) and International Financial Reporting Standards (IFRS). Key areas include: Capitalization of costs of internally developed software, Capitalization of hardware, SAAS, Tracking of operating maintenance costs, Software licensing fees, Amortization and depreciation management, and Tax treatment
Provide accurate, timely and objective analyses of IT’s operating results and specific projects and the ability to present such analyses to Finance, Accounting, Executive Management, etc.
Responsible for the preparation, monitoring and updating of CAPEX and OPEX budget schedules, preparing and managing all IT Financial reviews and all related financial accounting and planning for the IT department.
Consolidates financial data and key performance metrics for all reporting requirements.
Collaborate with a customer centric view with IT Budget Owners, IT Leadership Team, and Finance for both data gathering and financial modeling, cost projections, analysis, forecasts, budgets and Long Range plans to drive alignment across the organization with one standard model that works across both IT and business.
Works directly with procurement on purchasing for IT – assisting teams with analysis for contract financial negotiation or renewal.
Understands business process management and business requirements of the internal department and translate them to specific financial requirements.
Provides forecasting, cost/benefit analyses, rate of return analyses, equipment replacement cycles analyses, software user license counts, etc.
Understands and utilizes all appropriate tools such as Apptio, Flexera, SNOW, SAP BW, Word, Excel, PowerPoint, and any other required tools.
Develop process requirements for obtaining metrics for all key service and financial requirements including operational, project and financial reporting, scorecards and executive dashboards.
Implement continuous improvement function to enhance Metric and Reporting processes for all areas (service, vendor, financial) of performance.
Collect, analyze, update and publish weekly and monthly cost center, ITIL, and project delivery and goal status reporting for assigned areas.
Assisting with portfolio reporting and project status updates.
Minimum of Bachelor’s Degree
Minimum 5-8 yrs of experience w/ Financial Analysis
Experience specifically managing the financial aspects of IT projects
Initial training will be in Pleasanton, CA (must be avail to travel 1 week in Dec and 1 week in Jan for training)
CTG (NASDAQ: CTG) provides industry-specific IT services and solutions that address the business needs and challenges of clients in high-growth industries in North America and Western Europe. CTG also provides strategic staffing services for major technology companies and large corporations. Backed by more than 50 years of experience and proprietary methodologies, CTG has a proven track record of reliably delivering high-value, industry-specific staffing services and solutions to its clients. CTG has operations in North America, Western Europe, and India.
CTG's greatest asset is its people, and as such, we are committed to providing employees programs and processes to support their performance, hone their skills, and advance in their careers. This commitment is reflected by CTG being named a Best Places to Work in Healthcare company by Modern Healthcare (2013-2016) in North America, and a Best Workplace in the United Kingdom (2013), Belgium (since 2007), and Luxembourg (since 2011).
CTG will consider for employment all qualified applicants including those with criminal histories in a manner consistent with the requirements of all applicable local, state, and federal laws.
CTG is an Equal Opportunity/Affirmative Action Employer and strong advocate of workforce diversity. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.
Job: Financial Analysis