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 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. 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, we offer a rewarding environment for those looking to make a meaningful impact in the finance and IT sectors.
Contact Details:
Stott & May Professional Search Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land IT Finance coordinator
✨Tip Number 1
Network like a pro! Reach out to your connections in the IT and finance sectors. Let them know you're on the lookout for opportunities, and don't hesitate to ask for introductions or referrals. You never know who might have the inside scoop on a job that’s perfect for you!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their financial operations and how they manage vendor relationships. This will help you tailor your answers and show that you’re genuinely interested in the role. Plus, it’ll give you some great talking points!
✨Tip Number 3
Practice your interview skills with a friend or mentor. Focus on articulating your experience in IT finance coordination, especially around cost allocation and vendor management. The more comfortable you are discussing your skills, the more confident you'll feel during the actual interview!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the right fit for you. Plus, applying directly can sometimes give you an edge over other candidates. So, get your application in and let’s get you that job!
We think you need these skills to ace IT Finance coordinator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the IT Finance Coordinator role. Highlight your experience in cost allocation, vendor management, and financial reporting. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to the responsibilities listed in the job description.
Show Off Your Analytical Skills:Since this role requires strong analytical abilities, make sure to mention any relevant projects or tasks where you've successfully used these skills. We love seeing how you approach problem-solving!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
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 budgeting. Brush up on your financial metrics and be ready to discuss how you've managed budgets or conducted variance analysis in previous roles. This shows you understand the core responsibilities of the position.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities. Whether it's a cost analysis report or a successful vendor negotiation, be ready to explain your thought process and the impact of your work. This will demonstrate your capability to handle the analytical demands of the role.
✨Familiarise Yourself with ERP Systems
Since the job involves coordinating ERP approval workflows, make sure you're comfortable discussing any ERP systems you've used. If you have experience with SAP or similar platforms, be prepared to share specific examples of how you've utilised these tools to streamline financial operations.
✨Communicate Clearly and Confidently
You'll be liaising with various stakeholders, so strong communication skills are a must. Practice articulating your thoughts clearly and confidently. Consider doing mock interviews with a friend to refine your delivery and ensure you can convey complex information in an understandable way.
