IT Finance & Procurement Analyst

Company:  Proliance Consulting
Location: Seattle
Closing Date: 04/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Our client is seeking an experienced IT Finance and Procurement Analyst. In this role, you will support the organization’s IT financial planning, procurement, and analysis processes related to IT expenditures and investments. This role will involve monitoring IT budgets, coordinating procurement activities, managing vendor relationships, and ensuring that all financial and purchasing operations align with the company’s goals and compliance standards. The ideal candidate will possess strong analytical, negotiation, and communication skills, with a deep understanding of financial and procurement processes in a technology-driven environment.


Associate Vendors: We are accepting applications from candidates who are currently authorized to work in the US for any employer without sponsorship.


Role & Responsibilities

Financial Planning and Analysis:

  • Assist in developing and maintaining IT budgets, forecasts, and financial models.
  • Analyze IT expenditures on cloud services, infrastructure, software, and hardware purchases to ensure they align with department goals and the overall company strategy.
  • Facilitate conversations on cost-saving opportunities and recommend efficient resource allocation.
  • Perform variance analysis, track spending against budgets, and provide detailed financial reports to management.
  • Support the preparation of long-term financial planning for IT projects and capital investments.

PO Systems Admin:

  • Responsible for the upkeep of the PO system and implementing new features as needed
  • Works closely with accounting to continuously improve the invoice management processes
  • Ensures accountability through the PO system process
  • Maintains adequate documentation for colleagues to use the system appropriately
  • Reports on POs/Invoices

Procurement Operations:

  • Facilitate the end-to-end procurement process for IT hardware, software, and services, ensuring timely delivery and budget adherence.
  • Work closely with IT, Vendor Management, and Finance & Accounting teams to define procurement needs, prioritize purchases, and manage vendor selection.
  • Work with business owners to negotiate contracts, terms, and pricing with vendors to secure favorable deals.
  • Maintain relationships with key vendors and ensure contract compliance

Vendor Management:

  • Monitor vendor performance and ensure adherence to service level agreements (SLAs).
  • Review and manage vendor contracts, ensuring timely renewals and adherence to company policies.
  • Identify opportunities for cost-saving initiatives and efficiencies within the IT procurement process.

Compliance and Risk Management:

  • Ensure procurement activities comply with relevant policies, legal requirements, and corporate governance standards.
  • Monitor and mitigate risks related to procurement contracts, vendor relationships, and financial expenditures.
  • Participate in audits and compliance reviews as necessary.

Reporting and Documentation:

  • Prepare regular reports on IT financial performance, procurement activities, and vendor relationships for IT Leadership.
  • Maintain accurate and up-to-date records of all procurement activities, contracts, and financial transactions.

Compliance and Audit Oversight:

  • Adhere to and ensure staff adherence to bank policies and procedures designed to comply with Federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act and OFAC regulations. To that end, ensure timely and accurate preparation of reports and other recordkeeping requirements.
  • Complete and pass all assigned eLearning courses and certifications as required.
  • Avoid all real or perceived conflicts of interest and always maintain privacy and confidentiality.


Required Qualifications:

  • Minimum of 3-5 years of experience in finance, procurement, or IT financial management, preferably in a technology-driven organization.
  • Strong knowledge of financial analysis, budgeting, and procurement operations
  • Proficiency in procurement software and financial management tools (e.g., Concur or similar systems).
  • Excellent negotiation, problem-solving, and communication skills.
  • Strong attention to detail and ability to work independently in a fast-paced environment.
  • Advanced Microsoft Excel skills for financial modeling and analysis
  • Experience in creating PowerBI dashboards and reports to convert data to insight to action using data visualization and analysis.
  • Strong analytical mindset and ability to present complex data clearly and concisely.
  • Familiarity with IT asset management and lifecycle planning.
  • Ability to manage multiple priorities and meet deadlines in a dynamic environment.


Desired Qualifications:

  • Certified Public Accountant certification a plus


About Proliance:

We are a technical & digital marketing staffing agency based in Seattle, WA that specializes in matching you with quality opportunities that meet your professional aspirations. We offer contract, contract to hire and direct placement services to top Fortune 500, mid-market, and emerging companies from a variety of industries. Our staffing success in the telecommunication, financial, insurance, retail, travel, healthcare, professional service and technology industries are how we've built a reputation for long-lasting, authentic relationships.


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Why Work for Us?

Proliance Consulting offers a competitive salary and benefits package which includes the following:

  • Medical: Proliance covers 50% of our employee’s premiums and 25% of any dependents on a plan administered through Regence.
  • Vision: Proliance covers 50% of our employee’s premiums and 25% of any dependents on a plan administered through Regence.
  • Dental: Proliance offers a plan administered by Delta Dental.
  • Retirement: Proliance offers a matching 401K savings plan for pre-tax or Roth retirement savings.
  • Direct Deposit: Proliance offers direct deposit to all employees.
  • Safe/Sick Time Off: Proliance offers accrued paid time off to all employees.
  • Paperless Pay Statements: Proliance offers the flexibility to view and manage your paycheck online.
  • Employee Referral Program: Proliance offers competitive bonuses for employee referrals.

Proliance Consulting provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Proliance Consulting complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, and training.

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