IT Finance

4 weeks ago

Bengaluru, Karnataka, India ISG (Information Services Group) Full time
Job Description

POSITION SUMMARY:

ISG seeks a candidate with extensive IT Finance experience around business case management, sourcing spend analysis, scenario analysis, ratio analysis, project accounting , invoice reviews and more. This role bridges finance and technology, working with IT leadership to oversee budgeting, spend analysis, forecasting, vendor management, and financial reporting.

ESSENTIAL JOB FUNCTIONS:

- Collaborate closely with the client leadership to support business objectives and operational goals.
- Develop, maintain, and report on financial and operational KPIs to monitor IT performance and cost-effectiveness.
- Take ownership of IT budgeting and forecasting, including capital (CapEx) and operating expenses (OpEx) tracking.
- Serve as a financial liaison for vendor relationshipsevaluation, budget approvals, contract review, and payments.
- Perform cost-benefit analyses for planned IT investments
- Monitor IT project and development spend, ensure timely reporting and variance analysis.
- Maintain accurate records of purchase orders, invoices, and vendor information, prepare reports and analysis on procurement activities
- Establish and maintain relationships with vendors, Evaluate vendor performance and identify opportunities for cost savings, Resolve vendor disputes and issues
- Create and maintain a comprehensive database with all financial documents and associated raw data
- Understand and apply sound financial governance principles supporting transparency, traceability and auditability of source documents and resulting financial reports and transactions.
- Interpret and apply contract language and standards to related financial activities and develop reports to monitor key financial elements of contracts.
- Standardize sourcing spend governance processes and templates.
- Ensure adherence to procurement and finance governance frameworks.
- Support audits with accurate, complete, and timely financial documentation.
- Support preparation of IT sourcing budgets and rolling forecasts.
- Track actual vs. planned spend and highlight variances with root cause analysis.
- Ensure accurate allocation of sourcing costs to consuming business units
- Partner with sourcing teams to monitor savings commitments and track benefits realization.

REQUIREMENTS:

- CA, CPA, bachelors degree in commerce discipline with MBA in Finance (preferred)
- 10-12 years relevant experience
- Good knowledge on IT functions and its relevance to the financial management
- Strong understanding of purchasing and contract law
- Proficiency in Financial Analysis and Planning
- Working knowledge on different process applications including MS PowerPoint, Word, and Outlook
- Strong English language aptitude/proficiency: solid written /verbal communication

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