drjobs Sr Spec IT Business Analyst IT Software Spend Financial Analyst 20627

Sr Spec IT Business Analyst IT Software Spend Financial Analyst 20627

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Job Location drjobs

Melbourne - Australia

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Title: Sr SpecIT Business Analyst (IT Software Spend Financial Analyst)

Job Code: 20627

Job Location: Melbourne FL

Job Schedule: 9/80: Employees work 9 out of every 14 days totaling 80 hours worked and have every other Friday off

Job Description:

As a Senior Finance Business Analyst in the Software Asset Management team you will be an expert resource responsible for overseeing complex analyses of IT software expenditures leading cost analysis projects on software contracts and developing sophisticated financial forecasts for IT software spend. Your role will be pivotal in identifying strategic opportunities for cost reduction and optimizing the companys software investment.

Essential Functions:

  • IT Software Spend Tracking: Maintain accurate records of all IT software expenditures ensuring alignment with company policies and budgetary constraints.
  • Cost Analysis: Perform detailed cost analysis on software contracts to identify cost drivers trends and areas for potential savings.
  • Financial Forecasting: Develop and maintain multiyear financial forecasts for IT software spend incorporating historical data and projected company growth.
  • Spend Analytics: Analyze software spend data to uncover trends root causes of cost increases and opportunities for cost reduction.
  • Cost Reduction Initiatives: Recommend and help implement strategies for software cost savings including renegotiation of contracts and exploration of alternative solutions.
  • Reporting: Generate regular reports on IT software spend forecast accuracy and costsaving initiatives for review by IT Finance and Executive Leadership.
  • Policy Adherence: Stay uptodate with and adhere to the companys IT procurement policies and approval processes.
  • Risk Assessment: Evaluate financial risks associated with software investments and advise on risk mitigation strategies.
  • Spend Visibility: Enhance spend visibility by developing dashboards or leveraging spend management tools to provide realtime insights into software expenditures.

Qualifications:

  • Bachelors Degree and minimum 6years of prior relevant experience. Graduate Degree and a minimum of 4years of prior related experience. In lieu of a degree minimum of 10years of prior related experience.

Preferred Additional Skills:

  • Minimum of 5 years of experience in financial analysis with a focus on IT software spend.
  • Expertise in financial modeling and forecasting.
  • Exceptional analytical and problemsolving abilities.
  • Proficient in advanced financial software and data visualization tools.
  • Excellent communication mentoring and leadership skills.
  • Experience with Hyperion.
  • Experience with Power BI.

#LINR1


Required Experience:

Senior IC

Employment Type

Full Time

Company Industry

About Company

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