Junior IT Finance Analyst
About The Position
The Junior IT Finance Analyst supports accounts payable, month-end close, forecasting, and financial reporting for the IT organization. The role works closely with IT Finance, Corporate Finance, Accounting, Procurement, IT budget owners, and vendors to support accurate expense tracking, timely invoice processing, and reliable financial forecasts. It is an early-career opportunity to build experience in IT financial management, budgeting, forecasting, reporting, and expense analysis. The analyst reviews and processes IT invoices, helps resolve invoice and purchase-order issues, tracks vendor spending and payment status, and maintains supporting records. The position also assists with close activities, expense analysis, monthly reporting, forecast preparation, and the use of AI and other tools to automate IT financial processes and reporting.
Requirements
- Bachelor’s degree in Accounting or Finance.
- At least 1 year of experience in finance, accounting, accounts payable, financial analysis, or a related role.
- Strong analytical skills and proficiency with financial modeling and data analysis tools, such as Excel, SAP, or Tableau.
- Basic understanding of accounting principles, budgeting, forecasting, and month-end close processes.
- Strong attention to detail and ability to work with large volumes of financial data.
- Excellent organizational and time-management skills.
- Excellent verbal and written communication skills.
- Ability to work independently and collaboratively in a fast-paced environment.
Nice To Haves
- Experience with IT cost management and technology infrastructure investments.
- Familiarity with financial software and ERP systems.
- Professional certification such as CFA, CPA, or CFM.
Responsibilities
- Review, code, and process IT-related invoices in accordance with company policies and accounting guidelines.
- Work with Procurement, Accounts Payable, and IT budget owners to resolve invoice discrepancies, missing purchase orders, approval delays, and coding issues.
- Track vendor invoices, purchase orders, and payment status to support timely and accurate processing.
- Maintain records of IT vendor spending, recurring charges, and contract-related expenses.
- Assist with vendor account reconciliations and follow up on outstanding invoices or credits.
- Support appropriate classification of IT expenses, including software, hardware, cloud services, professional services, telecommunications, and maintenance agreements.
- Assist with month-end close activities for IT expenses, including accruals, reclasses, journal-entry support, and variance analysis.
- Review actual spending against budgets and forecasts to identify trends, discrepancies, or unusual activity.
- Support preparation of monthly financial reports and commentary for IT management and Finance stakeholders.
- Work with Corporate Accounting to ensure IT expenses are recorded accurately and in the appropriate period.
- Maintain supporting documentation for month-end close activities and audit requests.
- Help monitor prepaid expenses, capital expenditures, depreciation, and amortization schedules as needed.
- Assist the IT Finance Analyst with forecast templates, consolidating inputs, and analyzing changes from prior forecasts, budget, and actuals.
- Use AI and other tools to automate IT financial processes and reporting.
Benefits
- Two medical plans, including a Traditional PPO and a Consumer Driven Health Plan with a Health Savings Account and employer contribution.
- Pharmacy benefits with mail-order options.
- Dental benefits, including orthodontia benefits for adults and children.
- Vision benefits.
- Health Care and Dependent Care Flexible Spending Accounts.
- Company-paid Life and AD&D benefits, with optional supplemental life coverage for employees, spouses, and children.
- Company-paid disability benefits with salary continuation payments.
- 401(k) Retirement Savings Plan with employer contributions.
- Paid-time-off programs and company-paid holidays.
- Parental leave benefits and adoption assistance program.
- Employee Assistance Program.
- Tax-Free Commuter Benefit.
- Tuition reimbursement and professional qualification benefits.
- Incentive awards as part of the total compensation opportunity for regular, full-time employees.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
