IT Financial Management Specialist (Technology planning & strategy) in London

Energy Jobline ZR; City Of London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services organisation is seeking an experienced IT Financial Management Specialist to manage and report on the financial records for the Technology Division, including IT Security. The role involves tracking cost variances and collaborating with stakeholders during the annual budget process. Candidates should possess advanced Microsoft Excel skills and a relevant finance qualification. Hybrid working is offered with 2 days a week in the office.

Responsibilities

• Track and report on financial records for the Technology Division.
• Report on cost variances and investigate cost saving opportunities.
• Support annual budget process collaborating with stakeholders.
• Review purchase requisitions ensuring compliance with budgets.
• Support senior leadership approval meetings.

Skills

Advanced Microsoft Excel skills

Strong understanding of Accounting and financial management principles

Familiarity with procurement and vendor processes

Exceptional written and verbal communication skills

Stakeholder engagement skills

Education

ACCA or equivalent finance qualification

Job description

The Company & Role

On behalf of a leading financial services organisation, I am seeking an experienced IT Financial Management Specialist to track and report on the organisation's financial records for the Technology Division (including IT Security). The candidate will report on all cost variances and investigate all cost saving opportunities for the business. This team is responsible for all finance budgets for technology across the business.

The company can offer hybrid working with an expectation of 2 days a week in the office, therefore you must be within reasonable commute of their Central London offices.

Responsibilities include

• Tracking and reporting on the financial records for the Technology Division, including IT Security. Report on all cost variances, investigating all cost saving opportunities.
• Review meetings with Finance of Technology monthly accounts, in preparation for review at leadership meetings. Report on Technology's financial KPI's.
• Support annual budget process as you work with all levels of stakeholders across Technology, Change, Finance, Vendor Management and Commercial.
• Review all purchase requisitions within Technology across both Project and BAU. Ensuring these have all the necessary approvals and are tracked against the correct budget.
• Support senior leadership approval meetings for both the CIO and Head of IT Transformation & Change Management.
• Cost analysis reporting, data gathering, cleansing and analysis.
• General support to the office of the Chief Information Officer, the team are responsible for the operational and strategic management of IT.

Experience/Skills required

• Advanced Microsoft Excel skills.
• Strong understanding of Accounting and financial management principles.
• Familiarity with procurement and vendor processes.
• ACCA or equivalent finance qualification achieved.
• Exceptional written and verbal communication and stakeholder engagement skills.