Information Technology; IT) Financial Analyst

Job Title:

Information Technology (IT) Financial Analyst

Location:

Various (Remote)

Reports To:

IT Director

We are seeking a highly organized and detail-oriented Information Technology (IT) Financial Analyst to provide financial and administrative support for the Original Composites & Fiberglass IT organization. Key areas of responsibility include financial analysis, budgeting and forecasting, purchasing administration, invoice and accounting controls, contract and renewal management, telecommunications expense management, and capital spending oversight. The role will support the financial management of IT services, software, subscriptions, hardware, infrastructure equipment, telecommunications services, and other technology investments.

Working closely with IT leadership, Finance, Sourcing, Legal, Accounts Payable, project teams, plant stakeholders, and third-party suppliers, this position will help ensure technology expenditures are properly planned, authorized, tracked, reconciled, and forecasted. Original Composites & Fiberglass was recently acquired by the Praana Group. The path ahead will be dynamic, full of change, and expected to be fast paced. The information technology environment supporting the new company is being built from the ground up across infrastructure and applications, with a strong focus on establishing scalable operating processes, reliable supplier relationships, accurate financial controls, and timely separation from transition services associated with the acquisition.

• Partner with IT stakeholders, project managers, Finance, Accounts Payable, Sourcing, Legal, and suppliers to clarify business requirements, validate quotes, confirm cost centers or project coding, resolve invoice issues, and support timely conversion from request to approved order.
• Create, submit, track, and administer purchase requisitions and purchase orders for IT spend in accordance with corporate purchasing procedures, sourcing requirements, approval workflows, budget availability, and limits of authority.
• Maintain visibility to open purchase orders, committed spend, renewal schedules, expiring services, blocked or aged invoices, supplier billing issues, and purchasing risks that could disrupt IT services or supplier relationships.
• Support software and subscription purchasing by validating license counts, renewal terms, contract references, compliance requirements, stakeholder approvals, and financial treatment before orders are submitted or renewed.
• Process spend activity and vendor invoices promptly to avoid supplier or service interruptions; investigate and remediate invoice inaccuracies, missing invoices, payment blocks, supplier billing concerns, or purchase order matching issues.
• Collect, consolidate, and submit monthly expense forecasts for IT operating and project spend.
• Generate spending reports with analysis of variances versus forecast, plan, prior year, or committed spend.
• Support monthly and quarterly close activities, including accrual preparation, validation of expense timing, cross-charges, financial allocations, and reconciliation of technology spend to appropriate cost centers, projects, or functions.
• Support annual financial planning and budgeting by gathering requirements from IT stakeholders, comparing requirements to prior year spend and active supplier commitments, and preparing recommendations for leadership review.
• Partner with stakeholders and project managers to monitor capital spend, validate in-service dates, support capitalization decisions, track capital appropriation documentation, and complete formal project close-out procedures.
• Provide administrative oversight of IT supplier contracts, leases, maintenance agreements, services…