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Title: IT Financial Manager
Location: Newark, NJ (Hybrid -2 Days per week)
Fulltime
Responsibilities:
Title: IT Financial Manager
Location: Newark, NJ (Hybrid -2 Days per week)
Fulltime
Responsibilities:
- Leadership & People Management
- Manage, coach, and develop a team of four ITFM analysts, fostering collaboration, accountability, and professional growth.
- Build an inclusive, high-performing team culture that emphasizes continuous improvement and innovation.
- Financial Management & Analysis
- Lead cost planning, cost tracking, and cost optimization initiatives to drive efficiency and savings across IT operations.
- Partner with IT and Finance to reduce O&M variances and improve financial predictability.
- Collaborate with IT and Lines of Business (LOBs) on client billing processes to ensure accuracy and transparency.
- Provide actionable insights through advanced financial analysis, dashboards, and reporting.
- Performance Management & TBM Framework
- Establish, standardize, and continuously improve IT financial performance management practices within the TBM methodology.
- Define and monitor key performance indicators (KPIs) aligned with business outcomes.
- Deliver clear, easy-to-understand reporting and analysis to stakeholders at all levels.
- Partner with stakeholders to review variances, develop improvement plans, and ensure accountability.
- Enhance clarity of roles, responsibilities, and expectations through service agreements, operating agreements, and performance measurement.
- Provide reliable, objective data to support investment planning, prioritization, budgeting, forecasting, and risk assessment.
- Bachelor s degree in business, Finance, Economics, Computer Science, Information Technology, Engineering, or Math.
- Without a degree, 12 years of experience in financial management, service management, or performance management.
- 6 years of experience in IT financial management, service management, or performance management, with at least 3 years in a people management role.
- Proven ability to lead, influence, and collaborate with stakeholders across all levels of the organization.
- Strong analytical, critical thinking, and problem-solving skills with demonstrated financial leadership experience.
- Expertise in continuous process improvement and driving cost efficiency initiatives.
- Proficiency in Microsoft Excel, Word, Outlook, and PowerPoint.
- Experience with data mining, analytics, and dashboard creation for financial reporting.
- Ability to foster an inclusive work environment and cultivate team contributions.
- Excellent analytical skills and a sense of urgency
- Exceptional verbal and written communication skills
