Sr IT Financial Analyst

Cboe Digital

Chicago (IL)

Hybrid

USD 103,000 - 133,000

Full time

4 days ago
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Benefits offered by this job

2:1 401(k) match
Employee Stock Purchase Plan
Tax Savings Accounts
Volunteer opportunities
Paid Time Off

Job summary

Cboe Global Markets, headquartered in Chicago, seeks a Sr. IT Financial Analyst to partner with IT and Finance in budgeting, forecasting, and financial reporting for technology spend.

You will coordinate with Business Owners, SMEs, Accounts Payable, and Vendor Management to ensure accurate budget control and insightful spend analysis. You will build dashboards and provide executive summaries, aiding in TCO analyses and business cases for technology initiatives while driving process improvements

Qualifications

  • 5+ years of experience in financial analysis, budgeting, forecasting, and reconciliation.
  • Experience building dashboards/reports (Sigma, PowerBI, Tableau, or similar) to communicate spend and vendor cost trends.
  • Proficiency with Workday or a similar ERP for PO/budget review and light PO administration.
  • Strong partnering skills—builds and maintains relationships with Vendor Management, business owners, and cross-functional teams.
  • High attention to detail and ability to manage multiple tasks in a dynamic environment.

Responsibilities

  • Contributes to budget planning and forecast update cycles for all Technology spend and global inbound market data spend.
  • Reviews and consolidates budget and forecast data using standard FP&A templates and assists with allocations.
  • Performs monthly reconciliation and prepares executive summaries of budget-vs-actuals and forecast-vs-actuals.
  • Assists with procurement systems, processes, and tools including contract management and PO generation requests.
  • Acts as budget reviewer for POs and reviews renewal cost with Vendor Management.
  • Collaborates with Accounts Payable to resolve discrepancies and manage accruals/prepaids.
  • Builds and maintains dashboards/reports to show IT and market data spend, contract renewals, and vendor cost trends.

Skills

Financial analysis
Budgeting
Forecasting
Reconciliation
Dashboards
ERP (Workday)
Vendor management partnering
Data analytics

Tools

Workday
SQL
Snowflake
PowerBI
Sigma
Tableau

Job description

Job Description: Building trusted markets - powered by our people


At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.


We’re building meaningful ways to support professional and personal development while strengthening the trust we’ve earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to “go for it” and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.


To support strong partnership and team connection, this role follows a four day in office work model.


Location Overview

Cboe HQ is located in the historic Old Post Office district, it’s a landmark that blends classic architecture with modern amenities. The building features expansive spaces with high ceilings and large windows, offering an abundance of natural light and panoramic views of the city skyline and the Chicago River.


With its prime location in the heart of downtown, the OPO Building provides easy access to major transportation hubs, including Union Station and multiple CTA lines, making it convenient for commuters. The building is home to a variety of amenities, including restaurants, a fitness center, and collaborative workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.


Role Overview – Sr. IT Financial Analyst

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.


Your responsibilities will be:


  • 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 and consolidates budget and forecast data using standard FP&A templates, creates allocations where needed, and assists with updating guidance materials.

  • Performs monthly reconciliation, prepares executive summaries of budget-vs-actuals and forecast-vs-actuals, and conducts financial and spend analysis to quickly identify trends and discrepancies.

  • Assists with supporting systems, process, and tools used for procurement activities, including contract management, and PO generation requests.

  • Acts as budget reviewer for POs – validating spend against approved budget and YTD actuals – and reviews renewal cost and billing terms with the Vendor Management team.

  • Collaborates with Accounts Payable and buyers to resolve discrepancies and ensure accruals and prepaid schedules are handled correctly.

  • Builds and maintains dashboards 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.


The ideal candidate has


  • 5+ years of experience in financial analysis, budgeting, forecasting, and reconciliation, ideally supporting technology cost centers.

  • Strong analytical skills — able to track spend against budget, identify trends and discrepancies, and make thoughtful recommendations; produces clear executive-level summaries.

  • Experience building dashboards/reports (Sigma, PowerBI, Tableau, or similar) to communicate spend and vendor cost trends to stakeholders.

  • Proficiency with Workday or a similar ERP for PO/budget review and light PO administration.

  • Strong partnering skills — builds and maintains effective relationships with Vendor Management, business owners, and cross-functional teams to achieve shared objectives.

  • High attention to detail and organizational skills, with the ability to work independently and manage multiple tasks/projects in a dynamic, team-oriented environment.


You’ll really stand out with


  • Data analytics and visualization skills (SQL, Snowflake, PowerBI, Sigma, Tableau)

  • Understanding of supporting infrastructure and network connectivity protocols and architectures

  • Understanding of exchange environment and inbound market data feeds and providers


Benefits and Perks of working for Cboe Global Markets

We value the total wellbeing of our people – including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:



  • Fair and competitive salary and incentive compensation packages with an upside for overachievement

  • Generous paid time off, including vacation, personal days, sick days and annual community service days

  • Health, dental and vision benefits, including access to telemedicine and mental health services

  • 2:1 401(k) match, up to 8% match immediately upon hire

  • Discounted Employee Stock Purchase Plan

  • Tax Savings Accounts for health, dependent and transportation

  • Employee referral bonus program

  • Volunteer opportunities to help you give back to your communities


Some of our associates’ favorite benefits and perks include:



  • Complimentary lunch, snacks and coffee in any Cboe office

  • Paid Tuition assistance and education opportunities

  • Generous charitable giving company match

  • Paid parental leave and fertility benefits

  • On-site gyms and discounts to other fitness centers

  • Paid Time Off


More About Cboe Global Markets

We’re reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.


We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.


Learn more about life at Cboe on


Equal Employment Opportunity

We're proud to be an equal opportunity employer who does not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or veteran status. We are committed to fostering a workplace where all individuals are valued and respected.


This position is not eligible for visa sponsorship.

Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.


Salary Ranges (applicable for US locations only)

At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $102,850-$133,100, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.


This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.


Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here:


Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting process.

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