IT Operations Business Analyst, Budgeting Specialist

We seek innovative thinkers who believe in the power of data to drive meaningful change. At Informatica, we welcome adventurous, work-from-anywhere minds eager to tackle the world's most complex challenges. Our employees are empowered to push their bold ideas forward, and we are united by a shared passion for using data to do the extraordinary for each other and the world.

Job Description:

As a vital part of our IT Operations team, the Business Analyst specializing in IT budgeting plays a pivotal role in managing financial planning, operational efficiency, and strategic growth for an expansive IT budget exceeding $80 million. Responsible for supporting over 300 headcount, this position offers an opportunity to drive financial success through meticulous analysis and collaborative efforts.

Key Responsibilities:

• Annual Budget Management: Collaborate with senior management to meticulously plan and manage an IT budget exceeding $80 million, ensuring cost control and resource optimization for over 300 headcount.

• Monthly Financial Cycles: Collaborate with the IT Financial Planning and Analysis (FP&A) team to create and share detailed financial reports. This includes managing monthly reports, budgets, and forecasts related to operating expenses (Opex) and capital expenses (CAPEX).

• Profitability and Cash Flow Improvement: Work on revenue budgeting and forecasting for products, regions, and particular areas (cost centers). The goal is to boost profitability and enhance cash flow. You will also identify differences between forecasted and actual performance so that senior management can take appropriate action.

• Daily Procurement Oversight: Oversee purchase requisitions and purchase orders, including creation, receiving, and invoice processing. Monitor expiring contracts and notifying the business of upcoming expirations. Optimize cash flow and collaborate with cross-functional teams to identify cost-saving opportunities.

• Cross-Functional Collaboration: Partner with Data and Engineering Operations, Information Security, Applications, and Architecture Teams. Ensure the accuracy of input data and perform data analysis to support informed business decisions.

• CAPEX Planning and Budgeting: Lead CAPEX planning and budgeting for new infrastructure and technology investments, ensuring strategic alignment and tracking ROI to support long-term business growth.

• Relationship Management: Establish and maintain collaborative relationships across diverse business functions and geographies, streamlining financial models (e.g., hosting services) to facilitate effective business reviews.

• Financial Management Infrastructure: Direct monthly close and budgeting processes for expenses, and establish a comprehensive financial management infrastructure, inclusive of annual operating plans and ad hoc analysis.

• Executive-Level Communications: Develop and deliver executive-level communications to engage stakeholders and drive transformational change.

• Data Analysis and Reporting: Conduct complex data analysis using Power BI and advanced Excel to deliver timely reports and actionable insights for senior leadership decision-making.

• Cloud Chargeback Model Management: Manage and oversee the Cloud Chargeback model across AWS, Azure, Oracle, and Google Cloud, exercising proficiency and accuracy in chargeback and showback models for cost allocation.

• Cost Model Designing: Design efficient cost models for data center or hosting services, ensuring effective resource management. Provide updates and communicate the breakdown of cost to the businesses who consume the services.

• Project Funding Support: Support monthly project funding by ensuring proper budget allocation and managing incremental funding.

• Enterprise Chargeback/Showback Support: Assist with the enterprise-wide chargeback/showback of laptop and peripheral costs, ensuring accurate and efficient allocation.

Core Competencies:

• Financial Analysis & Modeling

• Budgeting & Forecasting against plan

• Strategic Planning

• Revenue & Expense Analysis

• Ad Hoc Analysis

• Business Partnership

• Data Interpretation using visualization and storytelling

• Problem-Solving & Critical Thinking

Technical Competencies:

• Advanced proficiency in MS Excel (including queries, pivots, Vlookup, Hlookup, Xlookup, Sumifs, Indirect, Match)

• Expertise in Power BI is essential, connecting to different source files and fundamental knowledge of connecting to tables and DAX coding (Data Analysis Expressions).

• O365, SharePoint

• Experience with Oracle

• Proficiency in Jira and ServiceNow

• BA/BS or equivalent educational background, we will consider an equivalent combination of relevant education and experience
• Supervises Operational Duties of Staff

• Minimum 5+ years of relevant professional experience

• Comprehensive health, vision, and wellness benefits (Paid parental leave, adoption benefits, life insurance, disability insurance and 401k plan or international pension/retirement plans
• Flexible time-off policy and hybrid working practices
• Equity opportunities and an employee stock purchase program (ESPP)
• Comprehensive Mental Health and Employee Assistance Program (EAP) benefit

Our DATA values are our north star and we are passionate about building and delivering solutions that accelerate data innovations. At Informatica, our employees are our greatest competitive advantage. So, if your experience aligns but doesn't exactly match every qualification, apply anyway. You may be exactly who we need to fuel our future with innovative ideas and a thriving culture.

Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, brings data and AI to life by empowering businesses to realize the transformative power of their most critical assets. We pioneered the Informatica Intelligent Data Management Cloud that manages data across any multi-cloud, hybrid system, democratizing data to advance business strategies. Customers in approximately 100 countries and more than 80 of the Fortune 100 rely on Informatica. www.informatica.com. Connect with LinkedIn, X, and Facebook. Informatica. Where data and AI come to life.