Budgeting and Financial Modeling Expert
7 days ago
Hyundai Autoever America is seeking an experienced Financial Analyst to join our IT department. The successful candidate will have a strong background in financial analysis, with specific experience in IT financial management, including budgeting, forecasting, and financial modeling.
The Financial Analyst will be responsible for developing, managing, and maintaining IT budgets, including operating expenses (OpEx) and capital expenditures (CapEx). They will also assist in the annual IT budget planning cycle, ensuring alignment with corporate objectives.
The role requires close collaboration with IT, finance, and procurement teams to ensure accurate tracking and reporting of financial performance. The Financial Analyst will provide financial insight and support to drive efficiency, control costs, and maximize ROI on IT investments.
Key Responsibilities:
- Financial Planning and Budgeting: Develop, manage, and maintain IT budgets, including OpEx and CapEx.
- Forecasting and Financial Modeling: Prepare accurate forecasts for IT projects, hardware and software investments, and ongoing services.
- Cost Tracking and Optimization: Track and report on IT spend, including vendor contracts, software licenses, cloud services, and maintenance agreements.
- Reporting and Analytics: Prepare monthly, quarterly, and annual financial reports on IT expenses, budgets, and forecasts for executive leadership.
- IT Vendor Management: Collaborate with the procurement team to ensure IT vendor contracts are managed effectively and within budget.
- Project Financial Management: Assist IT project managers in developing project budgets, tracking project spend, and reporting on financial performance.
Requirements:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or relevant certification (e.g., CFA, CFM) is a plus.
- 3-5 years of experience in financial analysis, preferably with exposure to IT or technology-driven organizations.
- Experience with IT financial management, including budgeting, forecasting, cost allocation, and financial modeling.
- Familiarity with IT asset management, project financials, and vendor contract management.
- Proficiency in financial systems and tools, including Excel (advanced), ERP systems (SAP, Oracle), and financial reporting software.
- Experience with business intelligence (BI) tools for financial reporting and analysis (e.g., Power BI, Tableau).
Estimated Salary: $68,195 per year.
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