IT Budget and Performance Analyst

Job description

• Provide accurate and timely financial reporting to Business Unit leadership covering both local and corporate IT budget allocations.
• Maintain clear visibility of IT expenditures and proactively identify budget deviations and cost variances.
• Evaluate, develop, and implement cost optimization initiatives across IT services, software, hardware, and managed service providers.
• Contribute to continuous improvement programs aimed at maximizing IT spending efficiency while preserving or enhancing service quality.
• Work in close coordination with Corporate IS Performance Management to ensure accurate classification of IT costs and contribute to cost and performance benchmarking.
• Collaborate with local and global Finance teams to establish, administer, and communicate Business Unit requirements related to IT cost allocation and chargeback mechanisms.
• Develop, implement, and oversee a comprehensive KPI structure to assess IS operational performance, user adoption, engagement, and overall satisfaction with IT services.
• Partner with Procurement in the management of IT vendors and suppliers, including contract evaluation, commercial negotiations, service performance reviews, and resolution of operational or contractual issues.
• Monitor supplier compliance with agreed commercial terms, financial conditions, contractual obligations, and service level commitments.
• Work alongside Procurement to manage supplier non-compliance, coordinate escalations, and assist in resolving contractual claims when necessary.
• Provide support during supplier audits, internal controls assessments, and internal or external financial reviews as required.
• Coordinate the allocation and distribution of purchase orders and invoices among group entities and projects in accordance with fiscal, accounting, and cost-recovery requirements.
• Review and verify invoices and proforma invoices against the corresponding purchase orders, ensuring accuracy before submitting them to the IS Manager for final authorization.
• Monitor monthly payment cycles and follow up with Accounts Payable to ensure suppliers are paid within agreed terms while maintaining expenditures within approved budgets.
• Drive the simplification, standardization, and automation of IS budgeting and procurement activities to improve efficiency, control, and transparency.