At a Glance
- Tasks: Support IT financial operations and manage cost allocation and vendor contracts.
- 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 IT finance operations.
- Qualifications: Bachelor's degree and 2-3 years' experience in finance or IT operations.
The predicted salary is between 30000 - 40000 £ per year.
Start: ASAP
Contract: Permanent
Location: hybrid, 3-days per week in central London
Pay: £30-40k p/annum
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.
- 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.
- Experience with intercompany recharge or shared-services cost allocation.
- SAP or similar ERP systems experience.
- Vendor, contract, or licence administration experience.
IT Finance coordinator in London 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 IT finance sector.
Contact Details:
Stott & May Professional Search Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land IT Finance coordinator in London
✨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. Personal recommendations can make a huge difference!
✨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.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Focus on articulating your experience in cost allocation and vendor management clearly. 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 have loads of resources to help you land that IT Finance Coordinator role. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace IT Finance coordinator in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the IT Finance Coordinator role. Highlight your experience in IT operations, finance coordination, and vendor management. 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. Mention your analytical skills and experience with cost allocation and chargebacks. Let us know why you’re excited about joining StudySmarter!
Show Off Your Excel Skills:Since strong Excel skills are a must-have, don’t forget to mention any relevant experience you have. If you've worked on financial reporting or budgeting using Excel, make sure to highlight that in your application!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
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 the past. This shows you understand the role's core responsibilities.
✨Showcase Your Analytical Skills
Prepare examples of how you've used your analytical skills to solve problems or improve processes. Whether it's through cost analysis or vendor management, having concrete examples will demonstrate your capability to handle the analytical demands of the job.
✨Familiarise Yourself with ERP Systems
Since experience with ERP systems is a key requirement, make sure you can talk about your familiarity with these tools. If you've worked with SAP or similar systems, be ready to share specific instances where you utilised these platforms to streamline financial operations.
✨Practice Your Communication Skills
You'll need to liaise with various stakeholders, so practice articulating your thoughts clearly and concisely. Consider role-playing common interview questions with a friend, focusing on how you would explain complex financial concepts to non-financial colleagues.
