Capital Budget Analyst

PACCAR•Renton, WA

7d•$90,000 - $140,000

About The Position

The Capital Budget Analyst plans, tracks, analyzes, and reports IT capital investments across the IT project portfolio. The role serves as a financial partner to IT project managers, portfolio managers, Finance, and business stakeholders, ensuring capital expenditures are forecasted, budgeted, governed, and reported to Executive Leadership in accordance with corporate accounting policies and capital investment guidelines. It provides financial insight into project funding, capital allocation, forecasting accuracy, benefits realization, and portfolio investment performance to support strategic decisions.

Requirements

Bachelor's degree in Finance, Accounting, Business Administration, Project Management, Economics, Information Systems, or a related field.
At least 5 years of experience in financial analysis, capital planning, project finance, portfolio management, or PMO financial management.
Experience managing capital budgets in a technology, engineering, or project-driven environment.
Understanding of capitalization accounting principles and project financial management.
Experience building financial models and performing scenario analysis in Microsoft Excel, including advanced formulas, macros, or data tables.
Experience collaborating with project managers, business sponsors, and IT leadership.

Nice To Haves

MBA, CPA, CFA, or PMP certification.
Experience supporting large-scale IT programs and multi-project portfolios with competing priorities.
Experience with project lifecycle management and stage-gate governance frameworks.
Experience using Power BI, Power Query, or equivalent data visualization tools.
Experience with PPM tools such as OnePlan or Microsoft Project Online.
Experience presenting and translating financial data and metrics for executive leadership and non-financial stakeholders.

Responsibilities

Develop and maintain annual and multi-year IT capital budgets.
Partner with project managers and portfolio leaders to establish project funding requirements and capital forecasts.
Support business case development, investment analysis, and funding approvals.
Monitor capital allocation across the IT project portfolio and support investment planning and prioritization.
Maintain the accuracy of the six-year global IT capital expenditure forecast.
Analyze budget variances and identify risks, trends, and opportunities.
Develop scenario analyses and financial models to support investment decisions.
Recommend ways to optimize capital utilization and improve forecasting accuracy.
Ensure compliance with capitalization policies, accounting standards, and internal controls.
Review project expenditures to determine appropriate capitalization versus expense treatment.
Partner with Finance and Accounting on capital budget reviews and planning.
Support capital approval processes, governance reviews, and audit requests; maintain supporting documentation.
Create and maintain executive dashboards, reports, and portfolio financial summaries.
Present capital performance metrics to IT and business leadership.
Develop KPI reporting on budget utilization, forecast accuracy, project funding status, and portfolio investment health.
Prepare materials for governance committees and executive reviews.
Improve financial management processes, reporting automation, and forecasting methodologies.
Use financial and portfolio tools to enhance transparency and decision-making, and establish project financial management best practices across the PMO.

Benefits

Fully funded pension plan
401(k) with up to 5% company match
Employee Stock Purchase Plan
At least 10 paid vacation days
12 paid holidays
Sick time
Medical, dental, and vision plans
Flexible spending accounts and health savings accounts
Paid short- and long-term disability coverage
Life insurance
Accidental death and dismemberment coverage
Tuition reimbursement
Employee Assistance Program, including wellness plans, estate planning, and financial counseling