IT Financial Planning Analyst supporting the IT Expense Model, IT Budget Planning, IT Chargeback Reporting and other Financial Analysis and reportsCompiles and analyzes financial information for the IT organization.Develops integrated revenue/expense analyses, projections, reports, and presentations.Creates and analyzes monthly, quarterly, and annual reports while ensuring integrity of data.Identifies trends/developments with ability to articulate findings in presentations to management.Performs financial forecasting and reconciliation of internal accounts.
Title_IT Financial Planning Analyst_
About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.
PositionIT Financial Planning Analyst
LocationNJ, Jersey City
Position RequirementsDuties and ResponsibilitiesProvide financial analysis support on budgeting, invoicing, vendor contracts and financial reports for technology spending on services and products.Collect, synthesize, organize, and manage financial data captured in support of IT business units.Assist IT management in the analysis of respective expenditures, by compiling and analyzing financial information for the organization. Develop integrated budget to actual analyses, projections, reports and presentations.Creates and analyzes monthly, quarterly, and annual reports and ensures financial information has been recorded accurately. Identifies trends and developments in alignment with stakeholder expectations and presents findings to senior management.Ensure the storing, archiving, and log layout of information resources is consistent.Understand the IT budget planning processes, cost allocation processes, and associated financial management standards in order to support effective billing processes coding costs to appropriate funding sources, follows required approval processes and posts to the correct financial accounts.Review projects, budgets, invoices and contracts for reasonability and accuracy and make any necessary recommendations to senior management.Identifying, investigating, resolving budgeting and billing discrepancies related to improper project accounting of costs, discrepancy in trends, incorrect coding or account setup.Focus upon the consistency of information captured across various systems within the IT financial management domain, e.g. budgeting, invoicing, project portfolio system, time tracking system(s), procurement, Finance systems.Responsible for supporting the maintenance and maturity of various models and systems that manage and administer financial data analytics that include granularity on vendors, projects, technology components and stacks, time-tracking, cost allocation metrics, etc.Provide backup support to IT Accounting/Purchasing for processing Invoice payments, updating corresponding project and budget worksheets; this includes preparing batches of invoices for data entry, submit invoices for payment, preparing purchase orders, verifying senior management approvals, maintaining inventory files.Provide support on various projects within IT Administration.Ensure that IT financial planning continues to support the organization's business strategy
Education and Work Experience:+ Bachelor's Degree required2-4 years of work experience in financial planning/management, information technologyProperty & casualty insurance experience desired
Skills and Competencies:Strong analytical skills with ability to articulate findings and present to managementFamiliar with a variety of the IT financial management concepts, practices and procedures as it relates to the IT financial specialist function.Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision.Strong project and process management skills with the ability to handle wide range of tasksAbility to understand risks and to work with other parts of the organization crafting tactics and strategies for risk mitigationCustomer-focused approach to deliver on IT financial management services to internal customersStrong relationship and interpersonal skills to be applied in collaborating within the IT Team and in its cross-functional customers and stakeholders across the organizationProject office experience, esp. in project accounting and project schedulingAbility to effectively prioritize and execute tasksExcellent oral and written communication skills to produce spreadsheets, correspondences, reports and other documentsFlexible and adaptable to work in a dynamic environmentHighly organized and detail orientedPositive attitude and engage in respectful interactionsGood knowledge of Microsoft Office tools esp. Excel, Powerpoint and VisioExperience with reporting tools and various systems used in the IT financial management domain (e.g. general ledgers, fixed assets, project/portfolio management, procurement)Capable of working effectively in a fast-paced environmentAbility to work independently on own initiative and as part of a team to meet strict deadlinesGood presentation skillsDetail-orientedStrong analytic skillsCritical thinkingCollaborative Key DeliverablesFinancial Analytics, Metrics and Trend ReportsStandards and Process AssetsPerformance Metrics #LI-POST
Number of Openings1
Employee Referral Eligible
Employee Referral PayoutThis position is currently accepting applications.