Project Specialist - IT

Job Description

To support our extraordinary teams who build great products and contribute to our growth, were looking to add a Project Specialist - IT in Chennai, India. This role will be responsible for overseeing and optimizing the IT corporate budget to ensure financial efficiency. This role involves analyzing and monitoring cost, preparing budgets, conducting variance analysis, and identifying opportunities for cost savings. Will work closely with various departments to allocate costs accurately, track spending and ensure financial resources are used effectively. Prepare reports and provide recommendations to IT owners to help align cost strategies. Important to have strong analytical skills, attention to detail and people skills. What a typical day looks like: Financial Analysis Skills: Ability to analyze financial data, assess cost structures, and identify trends and inefficiencies. Budgeting: Knowledge of creating, managing and monitoring budgets to ensure costs are withing the approval limits. Cost Allocation: Ability to allocate costs accurately across various departments, projects, or cost centers. Variance Analysis: Proficiency in performing variance analysis to compare actual cost against budgeted cost to provide explanations for any discrepancy. Data management and reporting: Strong skills to in organizing and presenting cost data clearly in reports, using tools like Excel. Cost reduction strategies: Identifying opportunities to reduce cost without compromising efficiencies. Knowledge of accounting principles: Understanding of generally accepted accounting principles or other relevant financials standards to ensure proper reporting, (CAPEX, OPEX, amortization, depreciation, accruals). Communication skills: Ability to communicate cost management findings and recommendations to both, financial and non-financial stakeholders. Attention to detail: strong focus on accuracy in analyzing cost and financial data to avoid errors in cost tracking or reporting. Project Management support: Experience with supporting project teams by managing project cost, tracking cost, tracking spending and reporting. Prepares standard operating procedures for the day-to-day maintenance of the Flex client infrastructure and implements adequate administrative tools and processes while ensuring monitoring and controls are in place to ensure stability of systems. Establishes clear communication channels and ensures proper feedback mechanisms are in place with customers, peers, and cross-functional teams. Strategic thinking: The ability to align cost management strategies with organizational goals and long-term financial objectives. The experience were looking to add to our team: Typically requires a bachelors degree or equivalent experience and training. Vendor management and negotiation skills. Excel knowledge, medium- advance. Typically requires a minimum of 5 years of related experience. Demonstrates advanced functional and technical skills and basic people and/or process management skills. Demonstrates advanced/ thorough knowledge of the function and Flex business. Demonstrates knowledge of multiple functional technologies/ processes, industries or functions and understanding of interdependencies of such processes at the site. PMP by PMI Certification or similar (L25 & L26) Impacts the near-term (quarterly/semi-annual) operational success of the function. Enhances and provides input to functional processes or technologies. Executes functional strategic plans and objectives at the site and/or corporation. Exercises judgment w/in broadly defined practices and policies in selecting methods, techniques, and evaluation criterion for obtaining results. May take functional lead within projects assigned. What youll receive for the great work you provide: Health Insurance PTO.