Sr Financial Analyst - Technology Strategy

Northern Trust•Chicago, IL

37d•Hybrid

About The Position

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. The Sr. Financial Analyst will join the Technology Strategic Spend Team to drive the delivery of information for decision making and various analysis for Northern Trust's Technology Organization. This role is responsible for Technology-specific analysis (focused on strategy, labor, hardware, software, etc.), but will work closely to coordinate efforts among Technology, Finance and Procurement to drive the analyses into actionable efforts. Planning and analysis will need to be prepared and presented to many roles across Northern including Technology Leadership, engineers, project managers, finance managers, and procurement specialists, using Power Point, Excel, and/or Power BI / other analytical tools.

Requirements

Analytical and problem-solving skills required to evaluate financial results and projections across all financial statements.
Effective written and verbal communication skills are necessary to present relevant information to senior management and business unit officers.
Strong personal computer skills and analytics tools usage (Power BI, SQL, Excel, Word and PowerPoint) are required to perform analyses and communicate financial information.
Strong accounting (GAAP), reporting and financial analysis usually acquired through an advanced degree program or related work experience is required.
7 to 10 years of related experience with emphasis on project analysis and management reporting, planning, and analysis.

Responsibilities

Drive analysis and presentation material for IT Capital Expenditures in the Technology Portfolio, including consideration for strategic prioritization, developing budgets, forecasting, and variance analysis.
Create Leadership-level analyses that inform on Technology usage and demand, financial impacts, contractual analysis, while considering potential
Build financial business cases for technology decisions (e.g. considerations for switching vendors, adding new products or capabilities, etc.)
Leverage data analytics tools (Power BI, SQL, Excel, etc.) to reach data-driven suggestions that drive strategic discussions and planning efforts with senior leadership.
Work with finance and procurement to analyze and report on efforts for productivity and automation.
Conduct and lead special projects and ad hoc requests to support the Technology function.

Benefits

Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.
Northern Trust also provides a discretionary bonus program that may include an equity component.

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