Role: Financial Analyst
The Financial Analyst understands the businesses IT supports and the products and services provided by the IT organization. Critical to this role are decisions on assets, strategic and tactical investments, and resource allocation. This role gathers and analyzes financial information and helps senior management make decisions to optimize the IT organization's investments and value to the business.
Role Sets: Financial Management Roles
Relationships

Add context to the entitiesAnalyze Past and Future TrendsAnalyze Plan vs. RealityAnalyze Service InvestmentApply tracking to the budget entitiesAssess for Financial ImpactBreak down into budget entitiesCalculate, Analyze and Apportion CostsCollect Evaluation ResultsCollect Financial Modeling ResultsCollect, Check and Pay Bills to SuppliersCompile and Issue BillsCreate Financial ReportsCustomer DiscrepanciesDepreciate AssetsDiscuss Discrepancies With CustomerGather Charging DataGather Cost DataGather the IT budget project list and funding informationIdentify and Analyze TrendsImport Performance DataModel DemandPerform Service ValuationPrice According to Pricing ModelProduce Gap AnalysisReceive Budget VarianceReview BillUpdate BillBudget VarianceCustomer Charges or InvoicesIT Financial ReportsService Accounting DataFinancial_Analyst
Additionally Performs
Modifies
Main Description

Responsibilities

  • Works with senior management to prepare and track the IT budget
  • Understands and tracks IT asset and service contracts
  • Builds cost models
  • Negotiates contracts with IT product and service suppliers
  • Calculates cost by IT service and/or IT customer
  • Apportions IT service costs

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