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Senior Financial Analyst - IT Finance & Vendor Management Hybrid - New York, New York
Pay : $50.00 - $65.00 per hour
26-02407 Position Summary
The Senior Financial Analyst - IT Finance & Vendor Management supports financial planning, vendor oversight, and contract administration within a large enterprise IT organization. This role partners with IT leadership, project managers, engineering teams, procurement, and finance to ensure vendor contracts, contractor resources, and technology investments are financially managed and aligned with organizational goals. The analyst translates financial and operational data into actionable insights, enabling informed decision-making and efficient project execution. Key Responsibilities Financial Planning & Budget Oversight
Partner with IT leadership and business stakeholders to manage annual O&M budgets and capital project spend
Monitor and report on capital and operational expenditures, ensuring alignment with approved budgets
Perform financial forecasting, budget tracking, and variance analysis for IT programs and projects
Prepare financial reporting and spend analysis to support leadership decision-making
Vendor & Contract Management
Manage full lifecycle of IT vendor and staffing contracts, including renewals, amendments, change orders, and closeouts
Oversee staff augmentation vendor contracts, monitoring billing rates, staffing utilization, and vendor performance
Track contract expenditures and staffing utilization to improve cost transparency and financial control
Build and maintain strong vendor relationships; resolve issues and foster effective collaboration
Partner with Legal, Procurement, IT, and HR to ensure contract compliance and mitigate risks
Contractor & Resource Financial Management
Track contractor resources and financial allocations across multiple IT projects to maintain alignment with project budgets
Monitor contractor project assignments, end dates, and staffing requirements; coordinate approvals for new or extended resources
Administer contractor timesheet and expense tracking in compliance with contracts and internal policies
Procurement & Financial Operations
Create and review purchase requisitions and purchase orders, ensuring accuracy, proper financial coding, and adherence to procurement policies
Review, validate, and process vendor invoices; collaborate with accounting for timely payments and audit-ready documentation
Support financial tracking of software licensing and technology assets as part of IT investment management
Reporting & Analysis
Generate reports on contract expenditures, vendor performance, and staffing utilization to support operational and financial decision-making
Perform monthly financial reporting, including variance commentary and spend driver analysis
Support regulatory reporting and rate case preparation as needed
Qualifications
Bachelor's degree in Finance, Accounting, Business, Economics, or related field
5+ years of experience in:
Financial Planning & Analysis (FP&A)
Budgeting and forecasting
IT financial operations or project financial management
Vendor financial management or contract administration
Contractor or staff augmentation financial oversight
Financial reporting and variance analysis
Technical Skills
Advanced Microsoft Excel (pivot tables, financial modeling, data analysis)
Experience with ERP/financial systems such as Oracle, SAP, Hyperion, or similar
Experience with Vendor Management Systems (VMS) such as Vinely preferred
Familiarity with Power BI or other data visualization tools preferred
Strong understanding of financial statements, accounting principles, and cost allocation
Preferred Background / Experience
Utilities or energy organizations
Engineering or infrastructure programs
Large enterprise IT finance organizations
Technology program management offices (PMO)
Government or regulated industries
Organizations managing large vendor and contractor portfolios
Role Impact
This position provides critical financial oversight for a large enterprise IT portfolio, including:
Vendor and staffing contract management
Contractor resource financial tracking
Capital and operational technology investments
IT project budgeting and financial governance
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