Project Financial Analyst - Clarity (PPM tool)
About The Position
The Project Financial Analyst supports IT project and support financial management within a large enterprise environment. The role is responsible for budget planning, cost tracking, financial analysis, reporting, and stakeholder coordination across project teams, the PMO, and finance. The analyst supports project leads in defining cost and budget plans, converting cost plans into approved budgets, and tracking budget, approved, and actual amounts. The role also supports financial management for support and enhancement work, including cost plans, budgets, funding approvals, accruals, and reporting. It works with project managers, unit leads, the EPMO, the IT Budget Controller, and cross-functional teams to maintain financial governance, reporting accuracy, and transparency. Hands-on experience with Clarity, a project portfolio management (PPM) tool, is highly preferred. Experience with another PPM tool is required if Clarity experience is not available; examples listed include Planview, ServiceNow PPM, MS Project Online, and Oracle PPM. Candidates without explicit tool-level PPM experience will not be considered.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Strong experience in financial analysis, budgeting, and forecasting.
- Experience working in IT projects, PMO, or financial governance environments.
- Ability to analyze data from SAP, Clarity, SRR, AR logs, or similar systems.
- Advanced proficiency in Excel and financial reporting tools.
- Strong analytical, problem-solving, and communication skills.
- Experience with a PPM tool such as Clarity or an equivalent is required; candidates must clearly identify their tool-level PPM experience.
- Mandatory skills listed: Benefits Management, Project Planning, Quality Management, Resource Management, and Stakeholder Management.
Nice To Haves
- Hands-on experience with Clarity (PPM tool) is highly preferred.
Responsibilities
- Support Project Leads in defining project cost plans and budget plans.
- Manage the process of converting cost plans into approved budgets.
- Analyze and track budget, approved, and actual amounts.
- Review project financials and actual costs regularly.
- Coordinate with the EPMO and IT Budget Controller to resolve financial issues.
- Track funding requests (DSRRs, ARs, and SRRs) and approvals.
- Perform monthly accruals and reclassification of non-labor costs.
- Identify and escalate cost overruns or underruns beyond defined thresholds.
- Generate weekly and monthly financial reports for portfolio tracking.
- Conduct regular reviews of project cost plans across multiple initiatives.
- Support Unit Leads in defining support and enhancement cost plans and budgets.
- Monitor and analyze support, enhancement, and project financials.
- Track funding approvals, accruals, and financial reporting.
- Ensure financial governance and adherence to budgeting processes.
- Work with Project Managers to support adherence to financial processes.
- Review reporting accuracy and proactively address discrepancies.
- Recommend resolutions for budget-related issues and ensure closure.
- Collaborate with cross-functional teams to maintain financial accuracy and transparency.
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What This Job Offers
Job Type
Full-time
