Cost Performance Analyst - Erlanger, KY

Job Description

Cost Performance Analyst - Erlanger, KY (On-site)

Job Summary

The Cost Performance Analyst will play a pivotal role in managing and optimizing the financial performance of IT operations. This position is responsible for analyzing IT costs, driving cost optimization initiatives, and aligning with organizational financial goals. The Analyst will collaborate with cross-functional teams to provide actionable insights, routine reports, establish financial controls, and support strategic decision-making. This role is pivotal in driving financial efficiency and transparency across IT projects and operations.

Job Responsibilities

• Monitor and analyze IT budgets, expenditures, and cost performance metrics to align with organizational goals
• Produce and update financial reports, including: Month-End Financials, Project Portfolio, and Cost Reduction
• Build and maintain the transparent cost allocation model (fixed + variable) and supporting tooling
• Conduct cost-benefit analyses for IT projects and initiatives, identifying opportunities for cost savings and efficiency improvements
• Develop and maintain IT budgets in collaboration with department heads, providing accurate financial forecasts and identifying potential risks or opportunities
• Adhere to financial policies, procedures, and regulatory requirements, supporting audits and reviews with accurate financial documentation
• Collaborate with IT teams, finance departments, and senior management to align financial strategies with business objectives
• Utilize financial management tools and software to track and analyze IT costs, continuously improving financial processes and systems
• Partner with procurement to negotiate vendor contracts and achieve cost-effective solutions
• Establish key performance indicators (KPIs) and dashboards to measure and continuously improve financial performance
• Provide mentorship and guidance to team members, fostering a culture of accountability, collaboration, and continuous improvement

Job Requirements

• Bachelor's degree in Business, Technology, or a related field; advanced degree preferred
• 10+ years of experience in financial analysis, IT cost management, or a similar role, with a proven track record of driving cost optimization and financial efficiency
• Strong analytical and problem-solving skills to make data-driven decisions
• Excellent communication and leadership skills to influence and inspire teams
• Proficiency in financial modeling, budgeting, and forecasting
• Advanced knowledge of financial management tools (e.g., SAP, Oracle)
• Familiarity with IT cost structures, including software licensing, hardware procurement, and cloud services
• Certified Management Accountant (CMA), Certified Public Accountant (CPA), or similar financial certifications preferred
• IT-related certifications such as IT Infrastructure Library (ITIL) or Control Objectives for Information and Related Technologies (COBIT) are a plus
• High attention to detail and accuracy
• Ability to work independently and manage priorities in a fast-paced environment
• Familiarity with IT project management methodologies is advantageous

Excited about this role but don't think you meet every requirement listed? We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.

ADM requires the successful completion of a background check.

REF:103699BR