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Portfolio Financial Analyst
Ref No.: 18-03251
Location: Cary, North Carolina
Client's Global Technology Services (GTS), Portfolio Planning & Management PPM team is growing and requires a Financial Analyst to support Project Approval Requests (PAR) processing. This position will be responsible for interpreting customer needs and transfer that into a coherent Business Case for executive review and approval. The scope of this group for 2017 was 130 Approved Business cases with a total investment of $421M. We partner with multiple IT organizations domestically and internationally, including: Engineering, Service Operations, Global Infrastructure Services, Application Maintenance & Support, IT Risk and Security, Enterprise Architecture, and Corporate Real Estate.
Financial Analyst will be responsible for the consolidation of IT Infrastructure actuals, budgets, and forecasts. Establishes implements, maintains and monitors processes to ensure alignment with industry best practices. Manage against key deliverables as defined by corporate finance and senior leadership. The candidate must also have strong Financial Acumen, Excel skills and GAAP Accounting.

The ideal candidate for this position will have thorough knowledge of Financial Concepts such as NPV and IRR. It is imperative that the candidate be able to manage multiple requests at any given time with tight deadlines. They will also be responsible for understanding and managing PAR from inception to execution. They will support the Reporting processing such as Portfolio, Commodity and other Month end reporting.

  • Work with Client's technology owners and leadership in preparing financial analysis and capital budgeting to be included in written proposals for domestic & foreign IT initiatives and projects to be reviewed and approved by Executive leadership.
  •  Assist technology owners through diligence in capturing and identifying all costs associated with the related proposal, and placing them in the appropriate expense category with the appropriate accounting treatment.
  • Create custom Excel workbooks to capture and organize complex financial data associated with IT initiatives and projects
  •  Regularly meet and communicate with IT Leaders and Portfolio Managers in managing the pipeline of initiatives being prepared for approval. As well as provide high level guidance on an as needed basis on discoveries and/or business cases.
  •  Regularly meet with expense management experts in order to stay current with expense/purchasing pipeline associated with proposals being presented for approval and support development of associated forecasts.
  • Assist management with consolidated financial reporting packages and presentations for senior leadership.
  • Maintain Financial rules documentation for creation and approval of PARs
  •  Understand Depreciation, Amortization
  • Understand Budget impact
  • Cash vs P&L impact
  • 5+ years' experience in Financial Planning & Analysis, to include expense management, financial reporting and general finance practices, including accruals, depreciation, accounting and financial rules that govern expense reporting, billing and chargeback practices
  • 5+ years of experience in general accounting principles
  • 5+ years in MS EXCEL (including pivot tables), Word and PowerPoint
  • Ability to work in a fast-paced, deadline-oriented and dynamic environment
  • Ability to read and interpret expense implications of IT sourcing documents (contracts, SOWS, proposals, POs)
  • Self-starter with excellent organizational skills and proactive approach to deliverables
  • Ability to collaborate effectively and transparently and work as part of a team
  • Ability to manage multiple deliverables
  • Bachelor's Degree in Business Administration, Accounting or Finance
  •  Ability to read and interpret expense implications of IT sourcing documents (Ex: contracts, SOWS, proposals, Pos, etc.)
  • Ability to provide financial tracking and control for expense transactions and ensure proper cost center and general ledger classifications in coordination with Procurement and Finance Teams
  • Ability to regularly meet with technology owners, Project Office, Procurement and other stakeholders in order to stay current with expense pipeline and register related P&L impacts
  • Ability to proactively identify cost savings opportunities makes recommendations/ implements solutions to streamline operations while reducing overall risk to
  • Strong Analytical skills
  • Strong attention to detail as well as simplifying portfolio data for data-driven decision making