Strategic IT Portfolio Finance Analyst; Hybrid

Work model:
Hybrid,2-3 days onsite in a week.

Job Description:

Role The main purpose of the Portfolio Finance Analyst role is to maintain financial controls and systems, including budgeting for all IT project expenditure.

Day-to-day activities will include working closely with project and programme managers, senior management and other stakeholders within IT to provide a project cost accounting function to a growing portfolio of over 100 projects.

Skills / Experience

• Knowledge of the Oracle Project Cost Accounting system (or similar) would be advantageous.
• An excellent understanding of Project Cost Accounting fundamentals. Study towards an accountancy or related financial qualification would be helpful but is not eClientntial.
• Good understanding of end-to-end project lifecycle delivery.
• Highly proficient in Microsoft Excel.
• Communication and Personal Attributes
• Ability to deliver under pressure whilst building relationships.
• Customer focused approach.
• Highly articulate with effective written and interpersonal skills.
• Strong attention to detail.
• Ability to thrive in a challenging environment and develop new skills.
• Problem Solving, Analysis and Reasoning
• Excellent analytical skills

Key Accountabilities

• Provide a professional finance function within the IT Portfolio Office to ensure the timely provision of project funding end effective financial control.
• Maintain financial controls enabling Project Cost Accounting for the portfolio including spend against budget, forecast spend and cost variance analysis.
• Manage the annual budgeting and roadmap process for IT projects.
• Provide financial management support for projects within the IT change portfolio, including budget development and monitoring, purchase order requisition and fulfilment, and reconciliation of projects and their close out.
• Ensure projects are managing their finances in line with the Transformational Change Governance Framework.
• Provide support and guidance to project managers in tracking their budgets.
• Monitor compliance with portfolio reporting / financial standards and intervene when this deviates or slips.
• Review funding requests to ensure they remain within approved project budgets.
• Participate in project review meetings to highlight finance related matters.

Experience

• Experience in annual budgeting process for projects or portfolios.
• Background in Portfolio Office functions or PMO functions, using collaborative skills in coaching others to complete required reports and managing financial reporting cycle on large projects.
• A demonstrable understanding of Client’s business areas, the Energy industry and IT.
• Knowledge of Client Transformational Change Governance Framework or an equivalent stage gate-based project governance process.
• Awareness of safety practices within high risk engineering environments.
• Awareness of information security practices within commercially sensitive environments.