Financial Analyst

Innovee Consulting LLC; New York (NY); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

Exposure to TBM frameworks

Job summary

Innovee Consulting LLC seeks a Financial Analyst to lead TBM Expense Transparency across IT divisions. You will develop cost models, validate inputs with service owners, and refine allocation methods.

Strong Excel, Power BI, and ERP familiarity are needed to present clear spend insights to stakeholders. Hybrid role in New York with a mix of on-site and remote work, heavy emphasis on analytics, reporting, and stakeholder communication.

Qualifications

• Experience in TBM, IT financial management, or cost transparency initiatives.
• Strong finance operations knowledge including budgeting and forecasting.
• Ability to translate complex financial data for non-financial audiences.

Responsibilities

• Lead TBM Expense Transparency activities across all IT divisions.
• Develop and refine TBM cost models and reporting frameworks.
• Collaborate with Service Owners to validate inputs and align cost structures.
• Maintain reporting to communicate spend insights to stakeholders.
• Ensure accuracy and defensibility of TBM reporting and mappings.

Skills

Advanced Excel

Budgeting

Forecasting

Presentation to management

Tools

Power BI

ServiceNow

PeopleSoft

Job description

Role: Financial Analyst

Location: 2 Broadway, NY (Hybrid - 2 days(Tuesdays and Thursdays) remote and 3 days on-site)

Duration: Long Term

Overview

The organization is seeking experienced Technology Business Management (TBM) Expense Transparency Consultants to support and manage TBM related financial transparency responsibilities across the full IT landscape. This includes Product Management, Infrastructure & Operations, Cybersecurity, and all other IT service towers. Each consultant will play a critical role in enhancing cost transparency, improving financial accountability, and strengthening the linkage between IT services, cost drivers, and business value for each of the IT service towers.

Key Responsibilities

• Lead and execute TBM Expense Transparency activities across all IT divisions, ensuring consistent financial reporting, allocation logic, and cost modeling practices.
• Manage the ongoing development, maintenance, and refinement of TBM related financial models and reporting frameworks (e.g., cost allocation models, service tower mappings, run/innovate categorization).
• Partner with Service Owners to validate financial inputs, align cost structures, and improve understanding of IT expense drivers.
• Maintain and support the reporting used to communicate spend insights to stakeholders.
• Validate or enhance/update TBM related allocation methodologies
• Ensure accuracy, defensibility, and clarity of financial reporting by continuously refining data sources, mapping logic, allocation rules, and cost modeling assumptions.

Required Qualifications

• Experience in Technology Business Management (TBM), IT financial management, or cost transparency initiatives, IT Billing and Chargeback principals. 1-3 years for (Tier 1)
• Strong understanding of financial operations, including:
• Budgeting & forecasting
• Cost allocation
• Financial reporting and analysis
• Advanced Microsoft Excel skills (data modeling, complex formulas, pivoting, automation, scenario analysis).
• Ability to collaborate with IT, Finance, and business stakeholders at multiple levels.
• Proven ability to translate complex financial data into meaningful insights for non financial audiences.

Additional Qualifications

• Familiarity with TBM tools, cost modeling practices, and cost transparency reporting (e.g., Power BI dashboards, allocation methodologies).
• Experience with ServiceNow (ITFM, CMDB, APM, service taxonomy, request/asset workflows).
• Experience with PeopleSoft financials or similar ERP systems.

Ideal Candidate Profile

• Analytical and detail oriented, with strong problem solving skills.
• Effective communicator capable of facilitating discussions with technical and non technical stakeholders.
• Able to work independently, manage competing priorities, and deliver high quality outputs in a fast paced environment.
• Comfortable working with large, complex financial datasets and evolving TBM frameworks.
• Prior experience working with or supporting organizations within the MTA a plus.

Required Skills & Experience

• Budgeting 1 2 years of experience.
• Finance/Accounting 1 2 years of experience.
• Taxonomy Management 1 2 years of experience.
• Volume & Capacity Forecasting 1 2 years of experience.
• Cost Benchmarking 1 2 years of experience.
• Forecasting 1 2 years of experience.
• Advanced MS Excel Required.
• Presenting Key Findings to Management Preferred.
• Business Analysis Preferred.
• IT Contract Management Preferred.