IT Finance Analyst

The Business/Budget/Finance Analyst 2 or 3 provides financial, budgetary, and business analysis support to help ensure effective planning, resource allocation, and fiscal management. This role prepares and maintains budgets, forecasts, financial reports, and analytical models; monitors organizational spending; and identifies trends, risks, and opportunities to support decision-making. The analyst collaborates with business leaders, project teams, and stakeholders to evaluate financial performance, improve processes, and deliver data-driven recommendations that support operational and strategic objectives. The level of the position will be determined based on the selected candidate's qualifications and the scope and complexity of the work assigned. Level 2 performs moderately complex assignments under general supervision. Level 3 performs complex assignments under general guidance with minimal supervision and applies greater independent judgment in developing analyses and recommendations.

Budget Development, Forecasting & Financial Analysis

• Facilitate the annual IT&S budget development process, partnering with department managers to build accurate cost projections and align spending with strategic priorities. At Level 3, independently leads major components of the budget development process and provides recommendations on complex budget issues.
• Produce and maintain multi-year financial forecasts across Capital and Operating budget. At Level 3, develops and maintains more complex forecasts involving multiple assumptions, cost centers, or investment scenarios.
• Support scenario planning and what-if analyses to evaluate budget adjustments, resource allocations, and investment decisions. At Level 3, independently structures complex scenario analyses and develops recommendations for management consideration.
• Support rate case financial planning and data requests.
• Prepare monthly and quarterly financial reports comparing actuals to budget and forecast, identifying key drivers of variances and emerging trends. At Level 3, synthesizes complex findings and presents conclusions and recommendations to management.
• Investigate significant budget variances with IT leadership, recommend corrective actions, and monitor the effectiveness of mitigation plans. At Level 3, independently evaluates complex variances and recommends actions that may affect multiple departments or initiatives.

Cross-Department Analysis

• Act as liaison between IT and Finance, Procurement, and business unit stakeholders on budget-impacting decisions. At Level 3, serves as a primary resource on complex financial matters and facilitates alignment across stakeholders.
• Gather and document business requirements for cross-functional projects within IT&S.
• May facilitate cost-benefit analyses and business cases for new technology investments. At Level 3, leads complex cost-benefit analyses and business cases and presents recommendations to management.
• Support vendor contract reviews and negotiations from a cost/ROI perspective.
• Map process dependencies across departments to identify efficiency or cost-saving opportunities.

General/Supporting Duties

• Participate in departmental and cross-functional meetings to support planning, budgeting, and project initiatives.
• Ensure compliance with financial policies, audit requirements, and internal controls.
• Prepare recurring and ad hoc reports, presentations, and supporting documentation for management review.
• Assist in capital planning and prioritization of IT&S investments.

• Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, or a related field
• Level 2: Minimum 3 years of experience in budgeting, financial analysis, business analysis, forecasting, or a related analytical role.
• Level 3: Minimum 5 years of progressively responsible experience in budgeting, financial analysis, business analysis, forecasting, or a related analytical role, including experience independently completing complex analyses or planning activities.
• Experience supporting annual budget development, forecasting and financial reporting process.
• Experience working with large datasets and translating into meaningful business insights.
• Experience partnering with business stakeholders to gather requirements, analyze trends and support decision-making.

Knowledge, Skills & Abilities

• Proficiency in Microsoft Excel, including pivot tables, intermediate formulas and financial analysis techniques.
• Experience with financial management, ERP, or reporting systems (e.g. SAP, Oracle, or similar platform).
• Analytical, problem-solving, and critical-thinking skills.
• Ability to prioritize multiple assignments and manage competing deadlines in a fast-paced environment.
• Ability to collect, interpret, and summarize information and use data to identify trends and improvement opportunities.
• Demonstrated knowledge of generally accepted accounting, fiscal and reporting principles
• Written and verbal communication skills.
• Demonstrated attention to detail and commitment to data accuracy and integrity.
• Ability to work independently while collaborating effectively across cross-functional teams.
• Level 3: Demonstrated ability to work under general guidance with minimal supervision, address complex issues that may not have a clear precedent, and communicate well-supported recommendations to management and cross-functional stakeholders.

Preferred

• Experience supporting IT budgets, technology portfolios, or project financial management.
• Experience with business intelligence and data visualization tools such as Power BI, Tableau, or similar platforms.
• Experience with Cloud Financial analysis.
• Experience working with a regulated utility is a plus.
• Knowledge of capital and operating expense management.
• Experience working in large, complex, or matrixed organizations.