Lead Financial Analyst
4 weeks ago
The Finance Analyst, IT Portfolio Office will play a key role in supporting IT through leading and managing portfolio financial invoice management and budget deliverables, department metrics & reporting, internal project audits and standard, and ongoing process improvement work.
This position will take a lead role in creating data analytics and executive presentations to support project and department reporting and budgeting.
Key Responsibilities/Duties
- Maintain oversight of the project portfolio and associated departments for budget tracking, funding, and cap/ops spend through with Accounting and FP&A.
- Create and manage project level financial invoice processing and reporting in the enterprise financial system(s).
- Budget tracking and forecasting for all IT cost center projects and provide regular status reports for the PMs and Finance Team.
- Support tracking of project accruals, and provide monthly accrual report to the FP&A Office.
- Manage FP&A submission process for funding and other project related changes.
- Support monthly financial audits in partnership with Project Managers and Finance team, submit status reports and true-up GL with FP&A.
- Manage the tracking, reporting, and review of project and department budgets.
- Compile and distribute monthly budget forecasts and review any areas of higher than expected spend.
- Track and resolve issues related to IT invoices that are unallocated or misapplied.
- Work with IT counterparts to address project funding questions and ensure SOWs and COs are processed correctly and process PRs to correctly align with project spend.
- Ensure Project Cost Plans and Budget Plans in PPM system align with Financial system budgets.
- Support regular reporting to IT leadership on financial activities.
- Work closely with IT leadership on measuring and analyzing project, program, and department performance.
- Collect, analyze, and interpret both qualitative and quantitative data and perform analytical and root cause analyses.
- Assist in measuring the overall performance of IT critical operating performance metrics.
The ideal candidate will have a Bachelor's degree in Business, Finance, Information System, or related fields; MBA preferred. They will have broad knowledge of/experience within the health insurance industry, expertise in finance, budgeting, planning, and the development of business analysis and reporting. They will also have strong analytic skills, ability to extract and integrate data from various platforms or sources, ability to synthesize information and develop insights, proven ability to work effectively in a cross-functional environment, superior communication skills (verbal and written), and strong technical aptitude to support financial management system / tools.
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