The Technology Cost Management Analyst examines and works with financial data within the realm of the IT organization
with the goal of insuring smooth, timely, and accurate functionality of IT’s internal financial processes.
There is a strategic and critical need to understand how IT services and assets translate into chargeable components—
such as the timing differences between monthly recurring charges (typically billed in advance), usage-based services
(often billed in arrears), and software licensing, which frequently involves prorated charges that may not align precisely
with purchase orders. This understanding is essential for accurate financial planning, reconciliation, and cross-functional
alignment between IT and Finance. More specifically, the Technology Cost Management Analyst supports the IT
organization as a whole to insure budgetary alignment, support existing cost distribution processes and assist in creating
new ones when needed. This position has broad exposure and functions as a liaison between IT and other Corporate
teams such as Finance, Tax, HR, as well as operational platform finance contacts.
Responsibilities
Vendor invoice process tracking, to include tracking against Purchase Orders created for goods.
Coding &/or review of invoices in SAP environment.
Monthly reclass functions, including but not limited to the following products/services:
Redistribution of costs from a single invoice across multiple cost centers using vendor or FLS owner provided reporting.
Redistribution of costs from a single invoice over a longer-term future service period, where IT pays the cost in advance and recoups this prepayment with monthly reclasses to users of said service.
Redistribution of Licensing reservation costs. IT places software licensing reservations for various products and provides license to the end user then charges new users on a monthly basis from vendor provided list.
US IMACD purchases (and sometimes other purchases) th