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 IT finance 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 Preston 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 within the company. With a collaborative culture that values analytical thinking and effective communication, you'll find yourself in an environment that not only supports your career aspirations but also fosters meaningful contributions to our business success.
Contact Details:
Stott & May Professional Search Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land IT Finance coordinator in Preston
✨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 you can contribute to their goals. Tailor your responses to highlight your experience with cost allocation and vendor management – it’ll show you’re the perfect fit!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms to refine your answers. Focus on articulating your analytical skills and experience with ERP systems, as these are key for the IT Finance Coordinator role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace IT Finance coordinator in Preston
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 a perfect match!
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, and let us know why you want to join StudySmarter.
Show Off Your Analytical Skills:Since this role requires strong analytical abilities, mention any relevant projects where you’ve prepared cost analysis or variance reports. We love seeing how you tackle financial challenges!
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. 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 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 experience with ERP systems is crucial for this role, make sure you understand the basics of the system they use. If you have experience with SAP or similar platforms, prepare to talk about how you've used them to streamline financial operations.
✨Prepare for Vendor Management Questions
Vendor negotiations and contract administration are key parts of the job. Think of instances where you've successfully managed vendor relationships or negotiated contracts. Be ready to explain your approach and any challenges you faced.
✨Showcase Your Communication Skills
You'll need to liaise with various stakeholders, so highlight your communication abilities. Prepare to discuss how you've effectively communicated complex financial information to non-financial colleagues or partners in previous roles.
