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Form of work
SalaryPortfolio Finance PMO Lead
12 months
£625 - £675 p/d INSIDE IR35
Hybrid - Central London, 2/3 days per week
Overview of the Role
Reporting to the Head of PMO and Business Management, you will be responsible for the Portfolio Finance and control activities that support and govern the CTB project portfolio and RTB cost management across the Information Systems Department (ISD), developing the framework that tracks budgets, forecasts, orders raised and expenses incurred against projects. You will work with IT finance business partners to influence a consistent oversight and reporting cadence and ensure a disciplined approach to financial management is adopted by the budget holders within the delivery community.
You will be responsible for the following activities:
- IT cost base management (RTB and CTB)
- Oversee tracking of CTB Portfolio Finance governance
- Accountable for RTB cost management for Group wide technology spend
- Collaborate with project managers and stakeholders to track project benefits and outcomes
- Central point of contact for Finance teams for providing them with commentaries for budget variances and for other day to day financial control aspects
- Identify and assess financial risks and opportunities associated with RTB cost base and CTB portfolio
- Collaborate with cross functional teams including Finance Business partners to manage the annual budgeting process and half yearly Forecast process.
- Collaborate with Project Managers, Finance Business Partners and Procurement teams to ensure accurate tracking of all third party financial commitments.
- Monitoring the IT budget execution on a monthly basis, tracking of actual spend against budget, variance analysis, forecasting and reporting.
- Creating required reports to support tracking of saving initiatives
- Set-up, manage and maintain procedures for IT financial management working with Technology leadership and the Finance team
- Provide Insightful management information to the IT Leadership team in relation to IT project expenditure.
- Acting as conduit between IT Finance and IT leads to bridge knowledge gaps and establish healthy working patterns
- Support the Department PMO team to drive open actions an promote good working practices
- Work in collaboration with the time tracking team, CCA analysts and procurement to identify, understand and resolve variances as they arise
- Drive periodic audit assignments as required
Proficient in the following areas:
- Demonstrated experience in portfolio financial management (Run & Change), preferably in the IT sector
- Strong financial analysis skills and meticulous attention to detail
- Proficiency in financial management tools and software (MS Excel, PowerPoint)
- Comfortable using the ERP systems for project maintenance, procurement and Budgeting process ( e.g. Oracle Hyperion)
- Experience of managing budgets, resourcing, forecasts and timesheet tracking variance reporting
- Proven ability to challenge status-quo, improve process and drive results
- Excellent communication and interpersonal skills
- Outstanding organizational and presentation skills
- Strong analytical and numerical ability with previous experience of working in a cross functional environment.
- Advanced Excel Skills required, along with financial modelling experience and financial management
- Proficiency in other Microsoft Office Products, particularly PowerPoint, MS Word, MS Visio and MS Project
- Knowledge of JIRA, Confluence, SharePoint or equivalent tools
Disclaimer:
This vacancy is being advertised by either Advanced Resource Managers Limited, Advanced Resource Managers IT Limited or Advanced Resource Managers Engineering Limited ("ARM"). ARM is a specialist talent acquisition and management consultancy. We provide technical contingency recruitment and a portfolio of more complex resource solutions. Our specialist recruitment divisions cover the entire technical arena, including some of the most economically and strategically important industries in the UK and the world today. We will never send your CV without your permission. Where the role is marked as Outside IR35 in the advertisement this is subject to receipt of a final Status Determination Statement from the end Client and may be subject to change.
