Demo

IT Business Operations Analyst

Candescent
Atlanta, GA Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 4/22/2025

Candescent is the largest non-core digital banking provider. We bring together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes on any core. Our Candescent solutions power the top three U.S. mobile banking apps and are trusted by banks and credit unions of all sizes.

We offer an extensive portfolio of industry-leading products and services with an extensible ecosystem of out-of-the-box and integrated partner solutions. In addition, our API-first architecture and developer tools enable financial institutions to optimize and expand upon their existing capabilities by seamlessly integrating custom-built or third-party solutions. And our connected in-person, remote and digital experiences reinvent customer service across all channels.

Self-service configuration and marketing tools give financial institutions greater control of their branding, targeted messaging and overall user experience. And data-driven analytics and reporting tools provide valuable insights to help drive continued growth and profitability. From conversions and implementations to custom development and customer care, our clients get expert, end-to-end support at every step.

Job Summary :

The IT Budget Manager will be responsible for planning managing and overseeing the budget for the IT Organization. This role requires strategic financial planning to align IT expenditures with organizational goals, ensuring budget compliance, managing cost control initiatives, and providing financial analysis and reporting for IT-related projects and operations. The IT Budget Manager works closely with IT and finance teams to allocate resources efficiently and support technology investments that drive organizational growth.

Key Responsibilities :

1. Budget Planning & Development :

  • Coordinate the development and management of the annual IT budget in alignment with company objectives.
  • Coordinate with IT leadership and finance teams to plan resource allocation, anticipate costs, and set budgetary guidelines for departments.
  • Work with cross-functional teams to development recommendations for cost-effective technology investments and expense reduction strategies.

2. Financial Analysis & Reporting :

  • Monitor and track IT expenditures to ensure compliance with the approved budget.
  • Generate regular financial reports, analyzing variances and forecasting future IT expenditures.
  • Communicate budget performance, risks, and opportunities to key stakeholders, including IT executives and senior management.
  • 3. Cost Control & Efficiency :

  • Evaluate spending trends and identify areas for cost optimization within IT operations.
  • Implement controls and strategies for efficient resource utilization across projects and operations.
  • Develop policies and procedures to manage IT expenses and prevent budget overages.
  • 4. Collaboration & Coordination :

  • Partner with procurement teams to ensure cost-effective purchasing of IT assets, software, and services.
  • Work closely with project managers to align budgets with project timelines, deliverables, and resource needs.
  • Facilitate communication between finance, IT, and other departments regarding budget impacts on technology initiatives.
  • 5. Forecasting & Budget Adjustments :

  • Prepare budget forecasts based on evolving project requirements, market trends, and organizational priorities.
  • Adjust budget allocations as needed to support new projects, strategic initiatives, or unexpected expenses.
  • Monitor external factors, like vendor pricing and economic conditions, that could impact IT spending.
  • Qualifications :

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field; an MBA or relevant certification (e.g., CPA, CMA) is a plus.
  • Proven experience in budgeting, financial analysis, or cost control, preferably within IT or a technology-driven environment.
  • Strong analytical skills and proficiency in financial software and budgeting tools (e.g., Excel, SAP, Oracle).
  • Familiarity with IT procurement, asset management, and project financial management.
  • Excellent communication skills and ability to interact with both financial and non-financial stakeholders.
  • Detail-oriented, organized, and capable of managing multiple projects simultaneously.
  • Preferred Skills :

  • Knowledge of IT financial management frameworks and methodologies.
  • Experience with IT project management or portfolio management.
  • Ability to create and deliver effective presentations for stakeholders.
  • Offers of employment are conditional upon passage of screening criteria applicable to the job.

    EEO Statement

    Integrated into our shared values is Candescent's commitment to diversity and equal employment opportunity. All qualified applicants will receive consideration for employment without regard to sex, age, race, color, creed, religion, national origin, disability, sexual orientation, gender identity, veteran status, military service, genetic information, or any other characteristic or conduct protected by law. Candescent is committed to being a globally inclusive company where all people are treated fairly, recognized for their individuality, promoted based on performance, and encouraged to strive to reach their full potential. We believe in understanding and respecting differences among all people. Every individual at Candescent has an ongoing responsibility to respect and support a globally diverse environment.

    Statement to Third Party Agencies

    To ALL recruitment agencies : Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.

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