IT Financial Manager

Position : IT Financial Manager

Location : Houston TX (Local Preferred)

The IT Financial Manager is responsible for overseeing the financial operations of the IT department, ensuring cost-effective delivery of IT services that align with organizational goals and drive business value. This role involves developing and managing IT budgets, forecasting financial needs, working cross-functionally to optimize costs, analyzing financial performance, and ensuring compliance with financial policies and regulations. The IT Financial Manager collaborates with IT leadership, business units, and vendors to support strategic decision-making, and promote transparency in IT spending. Additionally, the Manager provides guidance, training, and consultation to employees and finance team members regarding their specific financial services and recruitment of staff as needed.

Job Duties / Roles

General

• Provide in-depth analysis and reporting of financial information to senior management for purposes of making informed decisions and evaluating performance.
• Maintain relationships with important vendors, service providers and business partners.
• Participate in cross-functional and / or multi-jurisdictional teams and projects across the organization as needed.
• Train, supervise, provide guidance, and coordinate the work of the financial staff while assuming accountability for service delivery.
• Collaborate within the organization to identify and resolve business issues.
• Drive value and efficiency in assigned processes while minimizing risk and cost.
• Maintain an effective internal controls environment by ensuring that FSG Policy and Procedural Statements are adhered to in the assigned area. Drive the FSG strategy by identifying and implementing innovative solutions and services to improve and simplify processes.
• Collaborate with procurement and vendor management when negotiating IT contracts, ensuring cost-effective terms and alignment with service level agreements (SLAs).
• Partner with IT leadership to align financial plans with enterprise IT strategies, including digital transformation and innovation initiatives.
• Support IT portfolio management by providing financial insights for project prioritization and resource allocation

Budget Development and Management

Cost Optimization and Analysis

Financial Governance and Compliance

Knowledge, Skills, and Abilities Required (KSAR)

Technical (Financial and Data Acumen)

Accountability / Reliability / Quality / Service Delivery

Communication

Employee Development

Leadership

People / Teamwork

Minimum years of Experience

Minimum 7 years in Finance, with at least 3-5 years in IT financial management or a related role overseeing technology budgets and costs at a granular level. Also, experience distilling detailed budgets into easy-to-understand information and actions for leadership.

Required / Preferred Education Requirements

Bachelor's degree or equivalent combination of education, experience, and / or certifications.

Extensive experience with IT Financial management and preferably ownership of IT financials for an entire company alongside experience with tools like Microsoft Excel, Hyperion Planning, Hyperion Financial Management (HFM), SmartView Excel plugin, Kofax Markview, Concur expense management, and Oracle EBS / Fusion.