IT Finance Analyst

Location London, Greater London, England
Discipline: Finance & Strategy
Job type: Permanent
Salary: £55000 to £55000
Contact email:
Job ref: J3524
Published: about 1 month ago
IT Finance Analyst London £55k Working with a growing global general insurance and reinsurance firm in a dynamic environment. The role will assist in the control of all IT finances incurred by the IT cost centre budget holders. Role responsibilities entail performing and maintaining processes to control payments and provision of accurate reporting and analysis of all project and BAU IT spend. Your responsibilities for this role may include, but are not limited to: Strategy and Planning • Provide input into, and support the implementation of the IT Function’s strategy, technology vision and objectives, contributing to the preparation and implementation of team plans to ensure key information is considered • Support the business planning process across IT, including the production of budgets and re-forecasts, to ensure all requirements and targets for cost management control are incorporated • Provide financial details to the Lead Vendor Manager to support the production of supplier strategic account plans Policy, Process and Procedures • Support and provide financial advice to the Lead Vendor Manager to assist in the management of the IT department’s affairs, including identifying opportunities for supplier rationalisation and cost reduction. • Review and monitor cost centre expenditure to ensure IT costs are kept within budget limits and to highlight overspend trends. Environmental Awareness/Customer Focus • Build strong working relationships with cost centre managers order to ensure the required level of cooperation and support is achieved and maintained. • Build networks with other key internal stakeholders and external suppliers, as necessary to promote and support effective vendor management. • Liaise with managers and suppliers to ensure consistent, timely and accurate reporting of IT financial information Technical Performance • Support senior management in the preparation and analysis of budgets, costs, forecast and supplier category spend for use in ad hoc projects and initiatives • Provide support to the vendor managers and cost centre managers to enable them to carry out their regular supplier spend forecasting accountabilities effectively • Monitor cost centre key performance indicators and deliverables to ensure accurate monitoring of the overall performance of the IT You will need to be able to display you have the following qualifications and experience: • Good understanding of financial management practices and processes, including accounts payable, balance sheets, reconciliation processes, postings to the general ledger, etc. • Thorough knowledge of financial reporting and controls in an IT and / or project environment • Understanding of Project Delivery, IT and Supplier Management functions • Proven experience of managing the key controls of a cost centre