International IT Finance Director
International IT Finance Director
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Job Description
Our team members are at the heart of everything we do. At Cencora we are united in our responsibility to create healthier futures and every person here is essential to us being able to deliver on that purpose. If you want to make a difference at the center of health come join our innovative company and help us improve the lives of people and animals everywhere. Apply today!
Job Details
A new role to support management of the International IT Finance team. The International IT Finance team supports SVP and Chief Information Officer for IBG (International Business Group) whilst working as a part of overall global IT Finance organisation.
This role will provide day to day management of the International IT Finance team and deputise for Sr. Director International IT Finance.
Key responsibilities:
- IT Financial Management (ITFM): Closely monitoring IT expenditures accounting for the financial impact of IT solutions and ensuring that all IT-related expenses are properly managed.
- Budget Management:
- Creating managing and controlling the central IT budget including forecasting variance analysis and ensuring cost-effectiveness.
- Oversight of AH in-market IT budgets including consolidated reporting planning and variance analysis.
- CoEs financial management: Financial management of 3 IT CoEs based in Europe.
- Control over costs of the CoEs including resources
- Maintaining and managing various recharge models (standard allocation timesheet recharges SaaS model etc.) for CoE cost to ensure appropriate recovery
- Monthly reporting to CoE management on cost recovery/ shortfall and resource utilisation
- Keeping the time charge-out rate for resources updated to ensure full recovery
- Project Financial Management: Managing the financial aspects of IT projects and initiatives including cost estimation tracking and reporting including business case preparation and investment analysis.
- Reporting and Forecasting:
- Developing and maintaining financial reports forecasts and models to track IT performance and inform decision-making.
- Monitor key financial performance indicators and variances related to technology investments and projects providing insights and recommendations to leadership including cost-benefit analysis and performance metrics.
- IT Cost Allocation: Allocating IT costs to different business units or projects based on usage resource allocation or other appropriate metrics ensuring compliance with transfer-pricing and tax rules.
- Recharge management: Managing a monthly recharge process to relevant business units/ markets on a timely basis ensuring adequate recovery of costs.
- Standard recharge: Maintaining a budget model of standard monthly recharges ensuring proper understanding of drivers of under/ over recovery
- Time/ usage-based recharge: Managing the process of time reporting of central and CoE resources to ensure proper recovery of costs.
- Pass-through costs: Ensuring all costs received in the central entity which are part of local budgets are appropriately passed on to the markets along with adequate approvals.
- IT Cost Management:Analyze IT costs identify areas for cost reduction and implement cost-saving measures.
- Cash Flow Management: Managing cash flow related to IT spending and ensuring adequate liquidity for the central IT entity as well as its subsidiaries.
- Compliance: Ensuring compliance with relevant accounting standards financial regulations and internal policies related to IT spending.
- Risk Management: Identifying and managing financial risks associated with IT investments and operations.
- Stakeholder Communication: Communicating financial information to IT management and other stakeholders.
- Process Improvement: Identifying opportunities to improve IT financial processes and systems.
- Team Management: Supervising and managing a team of IT finance professionals providing guidance support and training.
Scope
- Financial:
- Coordinating & reporting on AH IT budgets of $175M opex $60M capex per annum; plus
- Central recharge budget of $65M per annum; plus
- Managing Pass-through costs in ABITSL of $25M per annum
- 3 direct reports
- Working relationship with US based IT Finance leadership team
- Working relationship with AH in-country finance teams as well as country IT directors
.
Education:
Bachelors degree in finance accounting or a related field with a Masters degree or professional certification (CIMA ACCA or ACA (or equivalent)).
Skills & Experience:
- Extensive experience in IT finance financial planning and analysis with a strong understanding of IT budgeting and cost management in a large multi-national corporation.
- Deep understanding of multi-country multi- currency environments.
- Working knowledge of tax considerations in international transactions.
- Experience of managing large volume of multi-currency transactions processing
- Controllership and accounting GAAP experience
- Excellent analytical communication and interpersonal skills with the ability to work effectively with IT leadership and senior management.
- Strong analytical skills financial modelling skills excellent communication and presentation skills and knowledge of accounting principles.
- In-depth knowledge of financial accounting principles IT financial reporting standards and IT industry trends.
- Ability to communicate financial information clearly and effectively to both technical and non-technical audiences.
What Cencora offers
Benefit offerings outside the US may vary by country and will be aligned to local market practice. The eligibility and effective date may differ for some benefits and for team members covered under collective bargaining agreements.
Full timeAffiliated Companies
Affiliated Companies: Alliance Healthcare Management Services LimitedEqual Employment Opportunity
Cencora is committed to providing equal employment opportunity without regard to race color religion sex sexual orientation gender identity genetic information national origin age disability veteran status or membership in any other class protected by federal state or local law.
The companys continued success depends on the full and effective utilization of qualified individuals. Therefore harassment is prohibited and all matters related to recruiting training compensation benefits promotions and transfers comply with equal opportunity principles and are non-discriminatory.
Cencora is committed to providing reasonable accommodations to individuals with disabilities during the employment process which are consistent with legal requirements. If you wish to request an accommodation while seeking employment please call 888.692.2272 or email . We will make accommodation determinations on a request-by-request basis. Messages and emails regarding anything other than accommodations requests will not be returned
Required Experience:
Director
Employment Type
Full-Time
