IT Finance & Vendor Manager

Allison Transmission•Indianapolis, IN

1d•Onsite

About The Position

The IT Finance / Vendor Manager is responsible for overseeing financial planning, budgeting, forecasting, and vendor management across the IT function. This role partners closely with Finance, Project Managers, Scrum Masters, and IT leadership to ensure financial transparency, cost optimization, and effective vendor performance aligned with organizational goals. Allison Transmission, the company, has been powering vehicles and technology for over 100 years, driving progress globally with a focus on improving the way the world works. The company is the world’s largest manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems, with products used in various market sectors and a global presence spanning over 80 countries.

Requirements

Bachelor’s degree in one of the following areas: Information Technology, Business, Computer Science, Finance, Business or equivalent experience
2-5 years of experience in IT Finance Management
Strong expertise in IT financial management, including budgeting (OPEx/CAPEx), forecasting and tracking actuals
Strong skills in variance analysis, financial modeling and cost optimization
Understanding of IT cost allocation and chargeback / showback models, including allocation of IT costs to business units/functions based on usage, drivers or consumption
Experience managing accruals, invoice validation and financial reporting cycles

Nice To Haves

Proven ability to manage global vendors, negotiate contracts and collaborate effectively with IT leadership and delivery teams in a matrix organization

Responsibilities

Lead the end-to-end development of the annual IT budget, including both Operating Expenses (OpEx) and Capital Expenditures (CapEx), in close partnership with Finance and IT leadership
Develop and maintain monthly financial forecasts, ensuring alignment with changing business priorities and project demands
Track and report actual spend against budget on a monthly basis, ensuring accuracy and completeness of financial data
Perform detailed variance analysis (budget vs. forecast vs. actuals) and collaborate with stakeholders to identify drivers, risks, and corrective actions
Prepare and communicate monthly financial reports, dashboards, and insights to IT leadership, Finance, Project Managers, and Scrum Masters
Partner with Project Managers, Scrum Masters and Functional/Technical SMEs to ensure project-level and Op-Ex financials are accurately planned, tracked, and forecasted
Proactively manage vendor contracts, including monitoring spend, usage, and performance to ensure value realization
Lead timely contract renewals, renegotiations, and terminations to avoid service disruptions and optimize costs
Identify and drive cost optimization opportunities across IT spend, including vendor consolidation, license optimization, and demand management
Ensure proper financial governance, including accruals, invoice validation, and compliance with procurement and finance policies
Support business case development and investment planning with robust financial modelling and scenario analysis
Build strong relationships with global stakeholders across IT, Finance, Procurement, and vendors to ensure alignment and transparency
Manage financial planning and vendor oversight across multiple geographies, accounting for regional differences in contracts, currencies, and regulations
Provide global HR oversight for Finance Analysts, including onboarding, performance management, coaching, and capability development
Guide and mentor Finance Analysts to ensure consistency in financial processes, reporting standards, and analytical quality across regions
Drive continuous improvement and standardization of financial and vendor management processes, including automation and reporting enhancements

Benefits

Choice of medical plans with prescription coverage
Employer HSA contribution
Dental & Vision Insurance
Paid Parental Leave
Short & Long-Term Disability
Other voluntary benefits including: Critical Illness, Hospital Indemnity, Identity Theft Protection and Pet Insurance
401K with generous Company match & contribution
Accrued Paid Time Off
12 Paid Holidays + 1 Floating Holiday
Robust employee wellness program
Tuition assistance program