Senior IT Financial Analyst

Cboe; Chicago (IL); On-site; USD 90,000 - 130,000; Full time

Job summary

Cboe, Chicago, seeks a Sr. IT Financial Analyst to join the Procurement and Vendor Management team. You will strengthen financial controls, reporting, and cost management for technology projects, partner with IT and Finance leaders, and support informed decision-making.

The role emphasizes budget planning accuracy, monthly close routines, and building dashboards to track IT spend, vendor costs, and renewals. Strong analytical skills and ERP experience (Workday or similar) are essential.

Qualifications

• Minimum 5+ years of experience in financial analysis, budgeting, forecasting and reconciliation.
• Strong analytical, reporting and data visualization capabilities.
• Ability to review budgets, spend data and identify trends for IT projects.

Responsibilities

• Lead budgeting, forecasting, and reconciliation for Technology spend and data streams.
• Collaborate with IT, Finance, Accounts Payable and Vendor Management to reinforce financial controls.
• Build and maintain dashboards (Sigma, PowerBI) for IT and market data spend and vendor trends.
• Assist with procurement processes, contract management, and PO generation.
• Provide executive summaries of budget vs. actuals and forecast vs. actuals.
• Analyze TCO and build business cases for technology initiatives.

Job description

• As the Sr. IT Financial Analyst, you will be part of the Procurement and Vendor Management team and will work closely with leaders in the IT and Finance departments to strengthen financial controls, reporting, and cost management for technology projects
• This position is pivotal in ensuring the accuracy and integrity of budget planning, forecasting, and financial reporting across Technology spend, partnering closely with Business Owners, SMEs, Accounts Payable, and the Vendor Management team to support informed, well-documented decision-making
• This position demands meticulous attention to detail, strong analytical and organizational skills, and the ability to manage multiple priorities in a dynamic environment
• Contributes to budget planning and forecast update cycles for all Technology spend and global inbound market data spend, collaborating with Regional and Global Leads and vendor business owners
• Reviews andconsolidatesbudget and forecast data using standard FP&A templates, creates allocations where needed, andassistswith updating guidance materials
• Performs monthly reconciliation, prepares executive summaries of budget-vs-actuals and forecast-vs-actuals, and conducts financial and spend analysis to quicklyidentifytrends and discrepancies
• Assistswith supporting systems,process, and tools used for procurement activities, including contract management,and PO generation requests
• Acts as budget reviewer for POs —validatingspendagainst approved budget and YTD actuals — and reviews renewal cost and billing terms with the Vendor Management team
• Collaborateswith Accounts Payable and buyers to resolve discrepancies and ensure accruals and prepaid schedules are handled correctly
• Builds andmaintainsdashboards and reporting (e.g., Sigma,PowerBI) covering IT and market data spend, contract renewals, and vendor cost trends for leadership visibility
• Aids in performing TCO analysis and building business cases for technology initiatives
• Introduces ideas to drive operational improvement and best practices, contributing to a culture of continuous improvement within the IT Finance function and systems

Strong analytical skills — able to trackspendagainst budget,identifytrends and discrepancies, and make thoughtful recommendations; produces clear executive-level summariesHigh attention to detail and organizational skills, with the ability to work independently and manage multiple tasks/projects in a dynamic, team-oriented environmentProficiencywith Workday or a similar ERP for PO/budget review and light PO administrationStrong partnering skills — builds andmaintainseffective relationships with Vendor Management, business owners, and cross-functional teams to achieve sharedobjectives5+ years of experience in financial analysis, budgeting, forecasting, and reconciliation, ideally supporting technology cost centersExperience building dashboards/reports (Sigma,PowerBI, Tableau, or similar) to communicate spend and vendor cost trends to stakeholdersData analytics and visualization skills (SQL, Snowflake, PowerBI, Sigma, Tableau)Understanding of supporting infrastructure and network connectivity protocols and architecturesUnderstanding of exchange environment and inbound market data feeds and providers