Senior Financial Analyst

4 days ago

Hanover Hills, Maryland, United States Infojini Full time
Job Summary

Infojini is seeking a highly skilled Budget Analyst to join our team. As a key member of our finance department, you will be responsible for analyzing and optimizing our IT budget to ensure alignment with our business goals.

Key Responsibilities
  • Financial Analysis: Review and analyze IT budgets from all modalities to identify expenditure patterns, allocations, and cost centers.
  • Financial Data Gathering: Gather financial data related to IT expenditures and investments from various modes and obtain budgetary information from relevant departments and stakeholders.
  • Cost Optimization: Analyze IT costs to identify areas for optimization and cost savings and evaluate the efficiency of current spending to recommend improvements.
  • Reporting and Communication: Prepare detailed reports and documentation on IT budget analysis findings and communicate budget analysis results to management and stakeholders.
  • Forecasting and Planning: Forecast future IT budget needs based on business goals and growth projections and develop budget planning scenarios and financial models.
  • Budget Proposal Development: Assist in the preparation of IT budget proposals and presentations, providing data-driven recommendations for budget allocations.
  • Risk Assessment: Assess financial risks related to IT budgeting and spending and propose strategies for financial contingency planning to mitigate risks.
  • Vendor Contract Management: Review vendor contracts and agreements to ensure alignment with budgetary goals and negotiate pricing and terms to optimize IT spending.
  • Financial Expertise: Provide expert advice and consultation on financial matters related to IT budgeting and collaborate with IT leadership to align budgeting strategies with organizational objectives.
  • Compliance and Governance: Ensure compliance with financial regulations and organizational policies and implement governance frameworks to monitor and control IT spending.
  • Continuous Improvement: Recommend continuous improvement initiatives for IT financial management and stay updated on industry trends and best practices in IT budget analysis.
Qualifications
  • Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or relevant professional certification (e.g., CFA, CPA) preferred.
  • Experience: Minimum of 5 years of experience in financial analysis, budgeting, or a related role, with a focus on IT budgeting and financial management.
  • Skills: Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
  • Communication: Excellent communication and presentation skills, with the ability to convey financial information to non-financial stakeholders.
  • Technical Skills: Proficiency in financial modeling, forecasting, and budget planning tools.
  • Vendor Contract Negotiation: Experience with vendor contract negotiation and management.
  • Financial Regulations: Knowledge of financial regulations, compliance requirements, and governance frameworks.
  • Collaboration: Ability to work collaboratively with cross-functional teams and stakeholders.
  • Attention to Detail: Strong attention to detail and a commitment to continuous improvement.

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