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Senior Budget Analyst

1 month ago

Hanover, United States Infojini Inc Full time

Qualifications:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or relevant professional certification (e.g., CFA, CPA) preferred.
  • Minimum of 5 years of experience in financial analysis, budgeting, or a related role, with a focus on IT budgeting and financial management.
  • Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
  • Excellent communication and presentation skills, with the ability to convey financial information to non-financial stakeholders.
  • Proficiency in financial modeling, forecasting, and budget planning tools.
  • Experience with vendor contract negotiation and management.
  • Knowledge of financial regulations, compliance requirements, and governance frameworks.
  • Ability to work collaboratively with cross-functional teams and stakeholders.
  • Strong attention to detail and a commitment to continuous improvement.


Key Responsibilities:

  • Review and analyze IT budgets from all Client's modals to identify expenditure patterns, allocations, and cost centers.
  • Gather financial data related to IT expenditures and investments from various Client's modes and obtain budgetary information from relevant departments and stakeholders.
  • Analyze IT costs to identify areas for optimization and cost savings and evaluate the efficiency of current spending to recommend improvements.
  • Prepare detailed reports and documentation on IT budget analysis findings and communicate budget analysis results to Client's management and stakeholders.
  • Forecast future IT budget needs based on Client's business goals and growth projections and develop budget planning scenarios and financial models.
  • Assist in the preparation of IT budget proposals and presentations, providing data-driven recommendations for budget allocations.
  • Assess financial risks related to IT budgeting and spending and propose strategies for financial contingency planning to mitigate risks.
  • Review vendor contracts and agreements to ensure alignment with budgetary goals and negotiate pricing and terms to optimize IT spending.
  • Provide expert advice and consultation on financial matters related to IT budgeting and collaborate with IT leadership to align budgeting strategies with Client's organizational objectives.
  • Ensure compliance with financial regulations and organizational policies and implement governance frameworks to monitor and control IT spending.
  • Recommend continuous improvement initiatives for IT financial management and stay updated on industry trends and best practices in IT budget analysis.