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Analyst, IT Budget and Procurement

Long Island Power Authority

Uniondale, NYJobSeen 1 day agoSeen in employer's feed 1 day ago

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At a glance

Compensation
No compensation found
Location
Uniondale, NY
Work Authorization
Not specified

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Job overview

The Analyst, IT Budget and Procurement evaluates IT project budget proposals, forecasts expenses, tracks project spending, and supports compliance reviews. The role prepares financial reports and recommendations for management and assists with IT procurement, including solicitation documents, vendor contracts, invoices, and renewals. It also supports acquisition decisions through financial analysis and project cost reviews.

Skills & qualifications

RequiredNice to have

Skills

Cost Estimation and ControlsEarned Value AnalysisProject Cost ReviewsProject Management MethodologiesRisk ManagementBudgeting and PlanningAnalytical SkillsProblem SolvingCommunicationPresentation SkillsInterpersonal SkillsTeam CollaborationFinancial Software and ToolsPlanning and ForecastingProblem SensitivityIT Acquisition and Contract ManagementInvestment AnalysisData AnalyticsBusiness Intelligence ToolsMicrosoft ExcelERP SystemsBudgeting PlatformsProject Financials

Qualifications

Bachelor's in Accounting, Business, Finance, Project Management, Math, or Equivalent3 Years Budget Analysis or Similar Experience

Full job description

Analysis of IT Project Budget Proposals: Evaluate and analyze budget proposals for IT projects Forecast project expenses considering the project schedule and identified risks Provide accurate and timely financial projections to support decision-making Monitor and track the progress of technology projects against the approved budget Ensure expenditures are recorded accurately and remain within budgetary projections Compliance with Rules, Regulations, Policies, and Best Practices: Ensure all project expenditures comply with relevant rules, regulations, policies, and best practices Conduct periodic audits and reviews to ensure compliance with all applicable requirements Reporting and Presentations: Prepare and deliver periodic financial reports and presentations to management Provide insights and recommendations based on financial analysis and project performance IT Procurement Support: Process purchase requests to initiate IT procurements Work with IT staff and Procurement to develop Requests for Proposals (RFPs) and Requests for Information (RFIs), bid documents, and other solicitation documents Track vendor contracts and invoices for accuracy Track and renew annual service contracts and subscriptions Provide financial analysis and recommendations to support acquisition decisions Perform other related duties, as necessary What We Need: Bachelors degree in Accounting, Business, Finance, Project Management, Math, or equivalent Three (3) years of progressively responsible experience in budget analysis, financial analysis, or similar roles LIPAs Corporate Values Service: Our work is service. Everything we do is for the benefit of our customers. Collaboration: Operate as one LIPA team. Everyone is included. Excellence: One plan, with relentless implementation. Clear performance goals. Proficiency in cost estimation and controls, earned value analysis, and project cost reviews Knowledge of project management methodologies including risk management, budgeting and planning Strong analytical and problem-solving skills Excellent communication and presentation skills Interpersonal skills with the ability to work collaboratively in a team environment Proficiency with financial software and tools Strong planning and forecasting skills Problem sensitivity Preferred Qualifications: Experience in IT acquisition/contract management Demonstrated experience with investment analysis of technical projects Experience with data analytics and business intelligence tools Advanced Microsoft Excel skills including pivot tables, lookups, etc. Experience with ERP systems (i.e., SAP or MS Dynamics) Experience with budgeting platforms (i.e., Oracle Hyperion) Experience with project financials

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