Financial Business Analyst

Job Title: Financial Business Analyst

Location: Local NYC This is a hybrid role with 3 days on site (or more as needed) and 2 days remote

Contract Type: W2, C2C and 1099

6 Months Work hours: 37.50

About the Company

The organization is seeking experienced Technology Business Management (TBM) Expense Transparency Consultants to support and manage TBM related financial transparency responsibilities across the full IT landscape. This includes Product Management, Infrastructure & Operations, Cybersecurity, and all other IT service towers. Each consultant will play a critical role in enhancing cost transparency, improving financial accountability, and strengthening the linkage between IT services, cost drivers, and business value for each of the IT service towers.

About the Role

This is not a technical role - This is a Business Analyst, not a Technical Business Analyst. This is a hybrid role with 3 days on site (or more as needed) and 2 days remote.

Responsibilities

• Lead and execute TBM Expense Transparency activities across all IT divisions, ensuring consistent financial reporting, allocation logic, and cost modeling practices.
• Manage the ongoing development, maintenance, and refinement of TBM related financial models and reporting frameworks (e.g., cost allocation models, service tower mappings, run/innovate categorization).
• Partner with Service Owners to validate financial inputs, align cost structures, and improve understanding of IT expense drivers.
• Maintain and support the reporting used to communicate spend insights to stakeholders.
• Validate or enhance/update TBM related allocation methodologies.
• Ensure accuracy, defensibility, and clarity of financial reporting by continuously refining data sources, mapping logic, allocation rules, and cost modeling assumptions.

Qualifications

• Demonstrated experience in Technology Business Management (TBM), IT financial management, or cost transparency initiatives.
• Strong understanding of IT departmental financial operations, including:
• Budgeting & forecasting
• Cost allocation
• Procurement processes
• Contract management
• Financial reporting and analysis
• Advanced Microsoft Excel skills (data modeling, complex formulas, pivoting, automation, scenario analysis).
• Ability to collaborate with IT, Finance, and business stakeholders at multiple levels.
• Proven ability to translate complex financial data into meaningful insights for non-financial audiences.

Preferred Skills

• Familiarity with TBM tools, cost modeling practices, and cost transparency reporting (e.g., Power BI dashboards, allocation methodologies).
• Hands on experience with ServiceNow (ITFM, CMDB, service taxonomy, request/asset workflows).
• Experience with PeopleSoft financials or similar ERP systems.