IT Finance Manager
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Job Location:
New York City, NY - USA
Monthly Salary:
$ 150000 - 160000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Compensation
The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below he listed range and determined by a number of considerations including but now limited to complexity location and scope of the role along with experience skills education training and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package which may also include annual incentive compensation rewards.
$150000 - $160000
Professional Experience / Qualifications
- 7 years of experience in financial management within IT organizations preferably in the insurance industry
- Strong understanding of IT financial management principles budgeting methodologies and vendor management practices
- Proven track record in cost optimization and financial analysis for technology investments
- Experience with financial management systems and IT financial reporting tools
- Excellent negotiation skills with demonstrated success in vendor contract management
- Strong leadership abilities with experience managing finance teams in complex organizations
- Advanced Excel skills and proficiency with financial management software
- Bachelors degree in finance Accounting Business Administration or related field; MBA or CPA preferred
- Knowledge of insurance industry financial regulations and compliance requirements a plus
Allied World Assurance Company Holdings Ltd through its subsidiaries is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Our generous benefits package includes: Health Dental and Disability Insurance a company match 401k plan and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability veteran status or any other characteristic protected by law.
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Job Title: Finance Manager IT Fiscal & Vendor Management
Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development career training and mentoring programs.
Our people are our most important asset and we are very proud of the quality of our team members.
Position Summary:
We are seeking a highly skilled Finance Manager with strong expertise in financial oversight budget management and vendor relations to oversee our IT organizations financial operations within the insurance sector. The ideal candidate will ensure optimal allocation of IT financial resources implement robust cost control measures and provide strategic financial guidance to support IT initiatives that align with business objectives.
Key Responsibilities:
Develop and manage comprehensive IT budgets including forecasting allocation and tracking of expenditures across all IT departments
Oversee vendor management processes including contract negotiations SLA monitoring and cost optimization strategies for IT service providers
Implement financial controls and governance frameworks to ensure compliance with corporate financial policies and regulatory requirements
Conduct regular financial analysis to identify cost-saving opportunities optimize IT spending and maximize return on technology investments
Prepare and present detailed financial reports and dashboards for executive leadership highlighting budget variances and financial performance metrics
Collaborate with IT leadership to develop financial strategies that support technology roadmaps and digital transformation initiatives
Lead financial planning for IT capital expenditures and operational expenses ensuring alignment with business priorities
Manage procurement processes for IT assets and services ensuring best value and compliance with organizational policies
Develop and maintain financial risk management strategies for IT investments and vendor relationships
Required Experience:
Manager
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
Allied World Assurance Company Holdings assures its clients that everything is well insured. In the US its insurance products include general property/casualty coverage as well as specialty products such as environmental, health care, and professional liability coverage targeted to sm ... View more
