IT Project Cost & Budget Analyst

The Addison Group; Houston (TX); On-site; USD 94,000 - 153,000; Full time

Benefits offered by this job

Enterprise projects

Cross-functional teams

IT/Finance collaboration

Long-term contract

Job summary

The Addison Group is seeking an IT Project Cost Controls Analyst to support financial planning, budgeting, forecasting, and cost management for IT initiatives within a large enterprise environment. This onsite role is based in Houston, TX, and collaborates with IT, Finance, and Procurement to provide accurate financial visibility throughout the project lifecycle.

The ideal candidate combines strong financial analysis and project cost control experience with a practical understanding of IT

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• Approximately 3-6 years of experience in project cost controls, project financial analysis, or related financial management.
• Hands-on experience tracking project budgets, actual expenditures, forecasts, and cost variances.
• Advanced Microsoft Excel proficiency, including pivot tables, complex formulas, and financial modeling.
• Understanding IT project cost structures, including labor, contractor expenses, software licensing, SaaS, and infrastructure.
• Ability to analyze financial data, identify discrepancies, and communicate findings to project stakeholders.
• Strong organizational skills, attention to detail, and ability to manage competing priorities.

Responsibilities

• Develop and maintain detailed project cost plans covering labor, contractors, software licensing, cloud services, infrastructure, and external vendors.
• Monitor project spending, run rates, and burn rates against approved budgets.
• Prepare and maintain project financial forecasts, including Estimate at Completion (EAC).
• Perform budget-to-actual and forecast variance analysis, identifying cost drivers and potential financial risks.
• Evaluate financial impacts of scope changes, project delays, and budget adjustments.
• Partner with IT Project Managers and delivery teams to align financial reporting with project schedules and milestones.
• Track and validate vendor invoices, purchase orders, statements of work, and contractual commitments.
• Support financial planning and reporting for software, SaaS, cloud, and consulting expenditures.
• Develop and maintain Excel-based financial models, reports, and dashboards.
• Support financial governance, documentation, audits, and project closeout activities.
• Communicate financial performance, forecast changes, and budget risks to project stakeholders.

Job description

The Addison Group is seeking an IT Project Cost Controls Analyst to support financial planning, budgeting, forecasting, and cost management for IT initiatives within a large enterprise environment. This onsite role is based in Houston, TX, and collaborates with IT, Finance, and Procurement to provide accurate financial visibility throughout the project lifecycle.

The ideal candidate combines strong financial analysis and project cost control experience with a practical understanding of IT