Information Technology (IT) Financial Analyst

Original Composites and Fibers•, (Multiple States)

3d•Remote

About The Position

The Information Technology (IT) Financial Analyst provides financial and administrative support for the Original Composites & Fiberglass IT organization. The role supports financial management of IT services, software, subscriptions, hardware, infrastructure equipment, telecommunications services, and other technology investments. Working with IT leadership, Finance, Sourcing, Legal, Accounts Payable, project teams, plant stakeholders, and suppliers, the analyst helps ensure technology expenditures are planned, authorized, tracked, reconciled, and forecasted. Original Composites & Fiberglass was recently acquired by the Praana Group. The company’s IT environment is being built from the ground up across infrastructure and applications, in a dynamic and fast-paced period of change. The role will help establish scalable operating processes, reliable supplier relationships, accurate financial controls, and timely separation from acquisition-related transition services.

Requirements

Bachelor’s degree in Finance, Accounting, Supply Chain, Business Administration, Information Technology, or a related field, or equivalent work experience.
At least 5 years of experience in financial planning, forecasting, purchasing administration, supplier invoice management, contract administration, budgeting, or financial analysis.
Experience serving as a buyer, purchasing analyst, procurement coordinator, financial analyst, contract administrator, or in a similar role supporting IT services, software, subscriptions, IT equipment, infrastructure, telecommunications, or technology-related supplier spend.
Proficiency with SAP ERP or similar enterprise purchasing and finance platforms, including purchase requisitions, purchase orders, invoice support, reporting, financial analysis, and transaction tracking.
Advanced working knowledge of Microsoft Excel and Microsoft Office, including analyzing spend data, building forecasts, reconciling variances, preparing reports, and communicating findings.
Practical experience with IT Service Management platforms and the ability to interpret service, demand, change, asset, or project data for financial analysis and purchasing prioritization.
Working knowledge of IT services, infrastructure, software licensing, subscriptions, telecommunications, hardware, supplier relationships, and common IT operating terminology.
Strong understanding of accounting principles, expense management, capitalization, accruals, cost center allocations, purchase commitments, invoice processing, P&L and balance sheet impacts, and financial controls related to technology spend.
Ability to work effectively in a highly matrixed, global, culturally diverse environment with virtual teams, time zone differences, and changing priorities.
Potential travel up to 5% domestically or internationally, based on business, project, supplier, or site support needs.
Extended work hours may be required due to team structure, virtual meeting formats, time zone differences, supplier schedules, and project demands.

Nice To Haves

Experience supporting an IT organization is strongly preferred.

Responsibilities

Partner with IT stakeholders, project managers, Finance, Accounts Payable, Sourcing, Legal, and suppliers to clarify requirements, validate quotes, confirm cost centers or project coding, resolve invoice issues, and support timely conversion from request to approved order.
Create, submit, track, and administer IT purchase requisitions and purchase orders in accordance with purchasing procedures, sourcing requirements, approval workflows, budget availability, and limits of authority.
Track open purchase orders, committed spend, renewal schedules, expiring services, blocked or aged invoices, supplier billing issues, and purchasing risks that could disrupt IT services or supplier relationships.
Support software and subscription purchasing by validating license counts, renewal terms, contract references, compliance requirements, stakeholder approvals, and financial treatment before orders are submitted or renewed.
Process spend activity and vendor invoices promptly; investigate and remediate invoice inaccuracies, missing invoices, payment blocks, supplier billing concerns, and purchase order matching issues.
Collect, consolidate, and submit monthly expense forecasts for IT operating and project spend.
Generate spending reports and analyze variances versus forecast, plan, prior-year spend, or committed spend.
Support monthly and quarterly close activities, including accrual preparation, expense timing validation, cross-charges, financial allocations, and reconciliation of technology spend to appropriate cost centers, projects, or functions.
Support annual financial planning and budgeting by gathering IT stakeholder requirements, comparing them with prior-year spend and active supplier commitments, and preparing recommendations for leadership review.
Partner with stakeholders and project managers to monitor capital spend, validate in-service dates, support capitalization decisions, track capital appropriation documentation, and complete formal project close-out procedures.
Provide administrative oversight of IT supplier contracts, leases, maintenance agreements, service agreements, software subscriptions, equipment purchases, and renewal documentation; monitor key dates, approvals, financial commitments, and service continuity risks.
Support telecommunications and network expense management by reviewing service inventory, billing accuracy, usage trends, vendor installations, wireless services, circuit or carrier charges, and cost optimization or consolidation opportunities.
Report status to IT leadership and stakeholders on the order pipeline, forecast impact, open commitments, blocked invoices, upcoming renewals, contract risks, budget variances, and recommended actions.