Driving fiscal discipline and strategic innovation the Portfolio Manager is essential to the financial success of the IT department. By expertly monitoring expenditures and ensuring alignment with budgetary goals they empower the organization to deliver cutting-edge solutions without compromising financial integrity. Collaborating closely with IT leadership the Portfolio Manager safeguards accurate resource allocation manages capital and expense forecasts and provides vital insights to support informed decision-making. Their leadership ensures the IT departments financial health fuels growth and innovation.
Responsibilities:
Oversee finance and budget responsibilities for the IT department.
Prepare reporting and financial analysis for IT management including explanations of variances to forecast plan and prior periods and other ad hoc analysis as requested.
Track and manage resources and costs in the capital and expense budget as well as forecasts for assigned areas encompassing both operational and project expenditures.
Consolidate financials for IT organization providing monthly updates to IT management.
Review invoice coding and validate against budgets and forecasts.
Utilize financial systems and PPM tool to research and reconcile financial and resource allocation discrepancies.
Track risk and opportunities and communicate updates to management.
Prepares and provides departmental budgets and forecasts.
Maintains budget tracking tools and monitors budget expenditures and manages fee structures.
Forecasts potential gains and losses; periodically updates and evaluates forecast accuracy throughout the year.
Tracks invoices and billings.
Opens purchase requisition as requested by project team.
Tracks purchase orders.
Receives invoices ensuring compliance with finance policy.
Liaises with Accounts Payable and vendors to rectify payment issues.
Provides mentoring to fellow IT Analysts as well as expertise and guidance.
Provides expertise and advises colleagues.
Mentors and coaches team members seeking to share and leverage best practices.
Serves as a point of escalation when appropriate.
Commitment to Safety.
Basic Qualifications:
Must be proficient in Excel.
5 years experience in Accounting and/or Finance.
Working knowledge of SAP preferred.
Experience managing minimum budget of XXXM in complex IT organization.
Expertise in accounting principles with extensive understanding of establishing documenting and tracking budgets.
Demonstrated knowledge of capital and expense budgeting forecasting and monthly accruals.
Knowledge of the Project Management Institute (PMI) project lifecycle.
Preferred Qualifications:
Experience using Clarity or PPM tools is a plus.
Required Education:
BA/BS in Fin Accounting Bus or equivalent experience.
Benefits:
401(k).
Dental Insurance.
Health insurance.
Vision insurance.
We are an equal-opportunity employer and value diversity equality inclusion and respect for people.
The salary will be determined based on several factors including but not limited to location relevant education qualifications experience technical skills and business needs.
Additional Responsibilities:
Participate in OP monthly team meetings and participate in team-building efforts.
Contribute to OP technical discussions peer reviews etc.
Contribute content and collaborate via the OP-Wiki/Knowledge Base.
Provide status reports to OP Account Management as requested.
About us:
OP is a technology consulting and solutions company offering advisory and managed services innovative platforms and staffing solutions across a wide range of fields - including AI cybersecurity enterprise architecture and beyond. Our most valuable asset is our people: dynamic creative thinkers who are passionate about doing quality work. As a member of the OP team you will have access to industry-leading consulting practices strategies & and technologies innovative training & education. An ideal OP team member is a technology leader with a proven track record of technical excellence and a strong focus on process and methodology.
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