At a Glance
- Tasks: Support IT financial operations and manage cost allocation across multiple business entities.
- Company: Dynamic company in central London with a hybrid work model.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and enhance your analytical skills.
- Why this job: Join a fast-paced environment and make an impact on financial operations.
- Qualifications: Degree in Business, Finance, or related field; 2-3 years of relevant experience.
The predicted salary is between 30000 - 40000 £ per year.
We are looking for an organised and analytical IT Cost & Operations Coordinator to support IT financial operations, cost allocation, chargebacks, vendor management, contract administration, budgeting, forecasting, and reporting across multiple business entities.
Key Responsibilities
- Manage IT cost allocation, recharge calculations, and chargeback processes.
- Coordinate ERP approval workflows and liaise with Finance for downstream billing and accounting activities.
- Prepare cost analysis, variance reports, forecasts, and budget projections.
- Support annual planning and budgeting activities.
- Review and administer vendor contracts, renewals, pricing schedules, and commercial terms.
- Assist with vendor negotiations and ongoing vendor governance activities.
- Maintain accurate records relating to costs, contracts, approvals, and operational data.
- Support invoice validation, financial coordination, and audit-ready documentation.
- Partner with IT, Finance, business stakeholders, and external vendors across multiple regions.
Requirements
- Bachelor's degree in Business, Finance, IT, Procurement, or a related field preferred.
- 2-3 years' experience in IT operations, finance coordination, contract administration, vendor management, or a similar role.
- Understanding of cost allocation, chargeback processes, financial reporting, and variance analysis.
- Experience reviewing contracts and supporting commercial negotiations.
- Strong Excel skills and experience using ERP or finance systems.
- Excellent analytical, organisational, and communication skills.
- Ability to manage multiple stakeholders and priorities in a fast-paced environment.
Desirable
- Experience with intercompany recharge or shared-services cost allocation.
- SAP or similar ERP systems experience.
- Vendor, contract, or licence administration experience.
- Experience working in a multinational or regional business environment.
IT Finance coordinator in Burnley employer: Stott & May Professional Search Limited
Join a dynamic and innovative team as an IT Finance Coordinator in the heart of central London, where you will play a crucial role in managing IT financial operations and vendor relationships. Our hybrid work model promotes a healthy work-life balance, while our commitment to employee development ensures you have ample opportunities for growth and advancement. With a collaborative culture that values analytical thinking and effective communication, you'll find meaningful and rewarding employment in a supportive environment.
Contact Details:
Stott & May Professional Search Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land IT Finance coordinator in Burnley
✨Tip Number 1
Network like a pro! Reach out to your connections in the IT and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their financial operations and how you can contribute. Tailor your responses to highlight your experience with cost allocation and vendor management – that’s what they want to hear!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms. Focus on articulating your analytical skills and experience with ERP systems. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, applying directly shows your enthusiasm and commitment to joining our team!
We think you need these skills to ace IT Finance coordinator in Burnley
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in IT finance coordination and vendor management. Use keywords from the job description to show we’re on the same page!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Share specific examples of how you've managed cost allocations or supported budgeting activities. Let us see your personality too!
Show Off Your Skills:Don’t forget to mention your strong Excel skills and any experience with ERP systems. We love seeing how you can bring value to our team right from the start!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Stott & May Professional Search Limited
✨Know Your Numbers
As an IT Finance Coordinator, you'll be dealing with cost allocations and financial reporting. Brush up on your financial metrics and be ready to discuss how you've managed budgets or forecasts in the past. Use specific examples to showcase your analytical skills.
✨Familiarise Yourself with ERP Systems
Since the role involves coordinating ERP approval workflows, make sure you understand the basics of ERP systems. If you've used any in previous roles, be prepared to talk about your experience and how it can benefit the company.
✨Vendor Management Insights
The job requires vendor negotiations and contract administration. Think of a time when you successfully managed a vendor relationship or negotiated a contract. Highlight your communication skills and how you maintained those relationships.
✨Prepare for Scenario Questions
Expect questions that assess your ability to handle multiple stakeholders and priorities. Prepare scenarios where you had to juggle competing demands or resolve conflicts. This will demonstrate your organisational skills and ability to thrive in a fast-paced environment.
