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IT Financial Analyst (Greater NYC Area)

Date: Jun 10, 2021

Location: Union Beach, New Jersey, US, 07735

Company: IFF Family of Companies

Requisition  ID : 136641 

Job Description

 

An IT Financial Analyst position is available at one of the world’s best fragrance and flavor companies. This Greater NYC area-based position is one that is responsible for managing all aspects of the key IT Financial Management processes: planning, budgeting, tracking, forecasting, variance analysis, and reporting. You will act as the day-to-day point of contact for key stakeholders including the IT Leadership Team, cost center owners, and Finance and Accounting, as well as be responsible for ensuring processes are efficient, effective, and follow best practices. 


As the IT Financial Analyst, you will spend your time…

 

  • Leading the annual IT budget development process, including the establishment of the milestone plan and key dates, meeting with key budget stakeholders, monitoring progress, and preparing the submission for approval. Coordinating with all stakeholders as appropriate.
  • Working with the internal HR team in coordination with the IT Cost Center owners for labor budgets.
  • Preparing and presenting annual budget reports for all key stakeholders including IT Leadership team and CIO.
  • Leading the monthly forecast process including obtaining actuals and forecast and analyzing and reporting on variances to budget. Monitoring the overall IT spend and participateing with key stakeholders in analyzing actual to budget performance and forecast implications. Recommending accruals as appropriate.
  • Coordinating cost center owners forecasting of labor and non-labor.
  • Tracking amortization and capital expenditures and depreciation. Preparing and presenting monthly forecast reports to IT Department Heads and CIO.
  • Leading the creation and management of a rolling three-year IT financial planning forecast.
  • Assessing the use of technologies in support key IT Financial Management processes and making recommendations to optimize the use of technology in existing processes and automation of manual processes.
  • Ensuring the provision of relevant financial data required to support IT reporting and metrics and to assist in any applicable audit processes.
  • Ensuring all processes, practices, and materials are prepared in accordance with company policies and applicable law.
     

Job Requirements

 

Required Skills & Experience: 

 

  • Expert level analytical and financial modeling skills with an understanding of IT planning needs
  • Strategic thinking and ability to influence and persuade
  • Great presentation skills required including excellent verbal and written communication skills
  • Excellent time management and organizational skills
  • Ability to multitask and meet constant deadlines
  • Ability to drive towards a goal while faced with uncertainty
  • Must demonstrate initiative, exercise good judgment, and can achieve results through others.
  • BA/BS in Business Administration, Accounting, Computer Science, Information Systems Administration, or related field
  • At least 4 years in finance, preferably with a focus on IT finance, budget management, or other applicable area
     

We are IFF. We are the catalyst for discoveries that spark the senses and transform the everyday. International Flavors & Fragrances Inc. is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking "what if?" That passion for exploration drives us to co-create unique scents and tastes in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages.

Visit us at www.iff.com to learn more about how we’re using Uncommon Sense to challenge expected, champion creators, and do more good for people and planet.


Nearest Major Market: New Jersey