Digitive - Atlanta, GA
posted about 2 months ago
The Senior Financial Analyst role is a critical position within the IT organization, designed to serve as a valued business partner. This position requires a comprehensive understanding of financial principles, particularly in relation to income statements, GAAP, Cloud-Computing Arrangements, and software capitalization. The successful candidate will be expected to engage effectively with IT management teams, necessitating strong communication and interpersonal skills. This role is pivotal in ensuring that financial processes align with the strategic goals of the IT department and the organization as a whole. Key responsibilities include owning the budgeting process, managing allocations, and preparing monthly variance reports. The analyst will also be responsible for the month-end close process, which involves preparing accrual and re-class journal entries for both operating expenses (Opex) and capital expenditures (Capex). A thorough analysis of monthly actuals against forecasts, budgets, and prior year figures is essential, along with researching the drivers behind any variances. The candidate must possess a solid understanding of GAAP treatment concerning Cloud-Computing Arrangement projects, which is crucial for supporting annual budget planning, monthly forecasting, and long-range financial planning. Additionally, the Senior Financial Analyst will assist with annual benchmark analysis on IT global spending and help prepare business unit allocations. The role also involves supporting IT with business cases, creating and updating reports on operating and capital expenses related to these cases. Monthly reports for P&L financial reviews will be prepared, and the analyst will support business case analysis following project close-outs to ensure that business benefits have been realized. The ability to provide ad-hoc reports and models is necessary to facilitate data-driven decision-making by management.