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The Fountain Group

Financial Analyst

The Fountain Group, Frisco, Texas, United States, 75034

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Overview Seeking an experienced financial analyst who will be responsible for providing financial planning, analysis, and reporting to support the IT organization.

This role requires an understanding of both finance and IT operations to evaluate costs, improve efficiencies, and optimize IT investments.

The IT Financial Analyst is a trusted finance partner and acts as a financial advisor to IT leaders and stakeholders by assessing the financial performance across IT to generate insights that guide decision making.

Duties

Financial Planning & Budgeting

Develop and manage IT budgets, forecasts, and financial models.

Monitor and track IT expenditures against budgeted amounts.

Collaborate with IT leadership to align financial planning with organizational goals.

Cost Management & Optimization

Analyze IT operational expenses to identify cost saving opportunities.

Provide recommendations for optimizing IT spend and resource allocation.

Conduct variance analysis to explain discrepancies between actual and budgeted costs.

Financial Reporting & Analysis

Prepare various financial reports for IT operations and projects.

Support decision making by delivering data driven insights and trend analyses.

Ensure compliance with financial reporting standards and internal policies.

Support project cost reporting, ensuring adherence to budgets and timelines.

Manage labor recovery process and reporting, ensuring compliance with financial standards and internal policies.

Vendor & Contract Management

Create IT purchase requests and purchase orders.

Partner with IT Procurement on vendor spend analysis and reporting.

Validate accuracy and completeness of vendor spend data and resolve discrepancies for financial reporting.

Compliance & Governance

Ensure IT financial practices align with organizational policies, legal requirements, and industry standards.

Education/Experience

Bachelor’s degree in Accounting, Finance, or related field

Minimum 0-3 years of relevant finance experience

Skills

Highly proficient in Microsoft Office (Excel, Outlook and PowerPoint)

Demonstrated competency in use of financial, planning and reporting software platforms (e.g. SAP, Apptio, etc.)

Financial experience including budgeting, forecasting, analysis, and building financial models

Ability to prepare and present financial analysis and reports to stakeholders.

Ability to track and analyze IT expenses, identify cost-saving opportunities, and optimize IT spending.

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