PMO With (VMO & IT Finance exp) - Iselin NJ (Onsite role)

Title: PMO With (VMO & IT Finance exp)

Location: Iselin NJ (Onsite role) (Need local candidates only)

Job Responsibilities and Skills

Finance: Leadership position responsible for developing financial reporting, highlighting risks and variances while overseeing a budget/forecasting process and provide guidance on major financial decisions.

• Work collaboratively with finance partners and technology senior leaders in preparing budgets, quarterly reports and tracking
• Analyzing expenses to make strategic recommendations for identifying issues, opportunities and/or additional controls to ensure proactively managing technology budget and actuals
• Forecasting and modeling skills to prepare 5-year forecasts based on multiple factors both internal and external
• Strong communication, presenting and relationship management skills to present and collaborate with senior leaders and ensuring accountability
• Technology savvy to work on automating reports and continual enhancements to eliminate/reduce manual errors, work-efforts

Skills Needed

• Financial Analysis and Interpretation
• Strategic Thinking
• Risk Management
• Communication and Presentation
• Leadership and Team Management

Vendor: Establish and maintain strategic vendor relationships and oversee all aspects of the vendor-life cycle

• Supervise a team to ensure appropriate controls and workflows are completed in a timely manner with the required oversight and reporting
• Produce reporting to monitor vendor onboarding, plan to actuals and offboarding
• Develop and implement a strategics vendor score to drive risk mitigation, operational resilience efforts and strategic partnerships, spend
• Invest in nurturing strong relationships with strategic partners to ensure high levels of service and rates
• Experience with operational resilience requirements and reporting for third party vendors

Skills Needed

• Vendor Analysis and Interpretation
• Model/Score management
• Strategic Thinking
• Risk Management
• Communication and Presentation
• Leadership and Team Management

Job Requirements:

• Bachelor's degree in Business Administration, Finance, Supply Chain Management, or a related field; MBA or equivalent preferred.
• 15+ years of progressive experience in IT VMO and IT Finance
• Exceptional communication and negotiation skills, with the ability to influence stakeholders at all levels of the organization.
• Demonstrated leadership experience, with the ability to lead cross-functional teams and drive results in a dynamic environment.
• Business domain knowledge of Insurance and/or Reinsurance or Financial Services in general will be an added advantage.

IT VMO:

• Proven track record of developing and implementing successful vendor strategies that drive business value and competitive advantage.
• Strong analytical skills, with the ability to conduct TCO analysis and make data-driven decisions.
• Proficiency in vendor management tools and technologies, with experience in contract management systems preferred.
• Develop and maintain relationships with vendors, review contracts and obligations, review invoices and change orders for contract compliance
• Strong understanding of relevant regulations and compliance requirements in vendor management
• Understanding of IT Services outsourcing, Software Development Lifecyle, IT Infrastructure, type of contracts (T&M, Fixed Priced and Managed Services), Onshore, Offshore and Nearshore models.
• Ability to collaborate, advise and manage expectations of stakeholders, earning trust and building durable relationships.
• Self-starter, takes ownership and accountability, driven, focused, collaborative with ability to work through ambiguity.

IT Finance:

• Plan, develop and manage budget for information technology operation and projects
• Ensure proper financial accounting methods, policies, procedures and principles as well as creating and maintaining fiscal files and records
• Monitor and analyze IT financial data and produce financial reports and statements and GAAP financial reporting
• Previous experience implementing automated financial reporting
• Establish appropriate KPI's across the IT Organization to help support and improve efficiency & performance
• Experience with enterprise corporate finance systems and platforms
• Guide IT leadership in financial decision-making and promote financial transparency.
• Develop and improve processes for managing the IT budget, forecasts, and spending analysis.
• Work closely with Accounting, Finance, and IT leadership to track spending, analyze variances, and report financial metrics.
• Build frameworks to track and report on financial performance, including project value measurements
• Influence stakeholders to adopt changes that enhance transparency and accountability in IT spending.