Apex Systems
Apex has an immediate need for a Financial Analyst to support our Fortune 50 client in Cincinnati. This person will be tasked with analyzing, tracking, and reporting on a $100+ million budget for a large enterprise IT operations team- driving cost efficiency and performance metrics, measuring & reporting actuals, and mining for opportunities. Responsibilities include tracking budget vs. actual costs, analyzing cost variances, and ensuring operations of this global IT team stay within financial targets.
The ideal candidate wuill have experience:- analyzing IT costs,
- driving cost optimization initiatives,
- aligning with organizational financial goals,
- collaborating with cross-functional teams, and
- providing actionable insights, routine reports, and financial controls to support strategic decision-making.
- Monitor and analyze IT budgets, expenditures, and cost performance metrics to align with organizational goals
- Produce and update financial reports, including: Month-End Financials, Project Portfolio, and Cost Reduction
- Build and maintain the transparent cost allocation model (fixed + variable) and supporting tooling
- Conduct cost-benefit analyses for IT projects and initiatives, identifying opportunities for cost savings and efficiency improvements
- Develop and maintain IT budgets in collaboration with department heads, providing accurate financial forecasts and identifying potential risks or opportunities
- Adhere to financial policies, procedures, and regulatory requirements, supporting audits and reviews with accurate financial documentation
- Collaborate with IT teams, finance departments, and senior management to align financial strategies with business objectives
- Utilize financial management tools and software to track and analyze IT costs, continuously improving financial processes and systems
- Partner with procurement to negotiate vendor contracts and achieve cost-effective solutions
- Establish key performance indicators (KPIs) and dashboards to measure and continuously improve financial performance
- Bachelor's degree in Business, Technology, or a related field; advanced degree preferred
- 10+ years of experience in financial analysis, IT cost management, or a similar role, with a proven track record of driving cost optimization and financial efficiency
- Strong analytical and problem-solving skills to make data-driven decisions
- Excellent communication and leadership skills to influence and inspire teams
- Proficiency in financial modeling, budgeting, and forecasting
- Advanced knowledge of financial management tools (e.g., SAP, Oracle)
- Familiarity with IT cost structures, including software licensing, hardware procurement, and cloud services
- Certified Management Accountant (CMA), Certified Public Accountant (CPA), or similar financial certifications preferred
- IT-related certifications such as IT Infrastructure Library (ITIL) or Control Objectives for Information and Related Technologies (COBIT) are a plus
- High attention to detail and accuracy
- Ability to work independently and manage priorities in a fast-paced environment