IT Financial Analyst (W2)

Job Responsibilities

• Lead and execute Technology Business Management (TBM) Expense Transparency activities across IT divisions.

• Develop, maintain, and refine TBM financial models, reporting frameworks, and cost allocation models.

• Maintain service tower mappings and Run/Innovate categorization for IT expenses.

• Partner with IT Service Owners to validate financial inputs and understand IT cost drivers.

• Support and maintain financial reporting used to communicate IT spend, costs, and trends to stakeholders.

• Validate, enhance, and update cost allocation methodologies and allocation rules.

• Ensure accuracy, consistency, and defensibility of financial reporting and cost models.

• Review and improve data sources, mapping logic, allocation rules, and cost modeling assumptions.

• Translate complex IT financial data into meaningful insights for technical and non-technical stakeholders.

• Collaborate with IT, Finance, and Business teams to improve financial transparency and accountability.

Requirements

• 1–3 years of experience in TBM, IT Financial Management, IT cost transparency, IT billing, or chargeback.

• Strong understanding of:

  • Budgeting and forecasting

  • Cost allocation

  • Financial reporting and analysis

  • IT expense management

  • Cost transparency and chargeback principles

• Advanced Microsoft Excel skills, including:

  • Data modeling

  • Complex formulas

  • Pivot tables

  • Automation

  • Scenario analysis

• Experience working with large and complex financial datasets.

• Ability to analyze financial information and communicate meaningful insights to non-financial audiences.

• Strong collaboration skills with IT, Finance, and business stakeholders.

Qualifications

• Experience with Technology Business Management (TBM) frameworks and cost modeling.

• Familiarity with TBM tools and cost transparency reporting.

• Experience creating or supporting Power BI dashboards and financial reporting.

• Knowledge of allocation methodologies, service tower mapping, and IT cost models.

• Experience with ServiceNow, particularly:

  • IT Financial Management (ITFM)

  • CMDB

  • Application Portfolio Management (APM)

  • Service taxonomy

  • Request and asset workflows

• Experience with PeopleSoft Financials or similar ERP systems.

• Strong analytical, problem-solving, and attention-to-detail skills.

• Effective communication and stakeholder management abilities.

• Ability to work independently, manage multiple priorities, and deliver high-quality work in a fast-paced environment.