Project Financial Analyst IT Financial Analyst

Job Summary

• We are seeking a Project Financial Analyst to support IT project and support financial management within a large enterprise environment.
• This role will be responsible for budget planning cost tracking financial analysis reporting and stakeholder coordination across project teams PMO and finance.

Key Responsibilities

Project Financial Management

• Support Project Leads in defining project cost plans and budget plans
• Manage the process of converting cost plans into approved budgets
• Analyze and track Budget vs Approved vs Actuals
• Review project financials and actual costs on a regular basis
• Coordinate with EPMO and IT Budget Controller to resolve financial issues
• Track funding requests (DSRRs ARs SRRs) and approvals
• Perform monthly accruals and reclassification of non-labor costs
• Identify and escalate cost overruns/underruns beyond defined thresholds
• Generate weekly and monthly financial reports for portfolio tracking
• Conduct regular reviews of project cost plans across multiple initiatives

Support / Enhancement Financial Management

• Support Unit Leads in defining support and enhancement cost plans and budgets
• Monitor and analyze support/enhancement/project financials
• Track funding approvals accruals and financial reporting
• Ensure financial governance and adherence to budgeting processes

Stakeholder Coordination & Governance

• Work closely with Project Managers to ensure adherence to financial processes
• Review reporting accuracy and address discrepancies proactively
• Provide recommendations to resolve budget-related issues and ensure closure
• Collaborate with cross-functional teams to maintain financial accuracy and transparency

Required Skills & Qualifications

• Bachelors degree in finance Accounting Economics or related field
• Strong experience in financial analysis budgeting and forecasting
• Ability to analyze data from SAP Clarity SRR AR logs and similar systems
• Advanced proficiency in Excel and financial reporting tools
• Strong analytical problem-solving and communication skills
• Experience working in IT projects / PMO / financial governance environments

Preferred (Nice to Have)

• Hands-on experience with Clarity (PPM tool)
• Experience supporting large enterprise IT programs / transformation initiatives

Additional Notes

• Strong collaborative mindset and stakeholder engagement skills required
• Ability to work in a fast-paced matrixed environment
• Candidates should have hands-on experience managing financials for multiple projects