Financial Analyst - IT Cost Management

Job Description:

- Understand and identify gaps in current process, recommend process improvements to check cost leakages

- Validate the total cost of ownership for proposed CAPEX and liaison with other finance analysts to validate business justifications

- Validate estimation of AMC, professional/ Managed support/ maintenance charges for payments

- Examine alternative cost efficient options available to propose IT spends on systems, tools, License procurement, capacity augmentation etc.

- Ensure due diligence on fair price of software, licenses and infrastructures before recommending for approval

- Ensure IT validation of efforts and unit rates for software development and implementation

- Identify opportunity for utilization ideal capacity from existing IT infrastructure in pool

- Responsible for driving the process improvement, analyze the trends/variances identifying business drivers for meaningful summary and analytics

- Tracking IT Metrics & status reporting mechanisms (IT Dashboard; quarterly reporting).

- Coordinate for the IT annual budget, forecast, analysis and variance reporting processes.

- Liaison between IT and Financial Planning & Analysis on IT financial matters.

This position requires significant coordination with other departments and business partners in order to provide support.

Perform analytical work, involving the identification, compilation, and documentation of IT expenditures, for purposes of expense/headcount tracking, project costing and reporting.

Drive IT team for comprehensive documentation of processes and procedures.

Maintain confidentiality and protect privacy of information

Document work procedures as needed

Supporting the IT spend, budget and savings and deal effectively with MD level stakeholders

Perform routine analysis and research on IT Business Management for industry trend and benchmarking

Previous Experience Required:

- Experience as finance analyst and good understanding of IT systems and IT infrastructure items

- Self-Starter, should be able to validate, discuss proposed IT Spends with multiple and senior stakeholders independently with minimum supervision.

- Process oriented and should be able to deliver under extreme pressure

- Financial acumen for detailed validation of proposed IT spends

- Highly organized and attention to detail, energetic individual with an understanding of technology and finance

- Experienced in financial analysis, strong quantitative and analytical skills for financial modeling

- Creative and innovative thinker, willing to explore ideas and make impacts, improvements, or change.

Self-motivated, with the ability to manage multiple projects and deadlines, with minimal supervision

Identifying and resolving problems by using analytical techniques and innovative approaches

Interact pro-actively between departments to promote a team work philosophy

Qualification: CA/ICWA/MBA(Finance)