Budget & Costs Management

The IT Budget & Costs Management Specialist is responsible for end-to-end financial planning, cost control, and budget governance across assigned business areas within the IT Department. This role ensures accurate budgeting, rigorous cost monitoring, and actionable financial insights while enforcing financial discipline and transparency. 

The position plays a key role in supporting management decision-making, driving cost efficiency, and enabling sustainable financial performance aligned with organizational objectives. 

Key Responsibilities 

IT Budgeting & Forecasting 

• You will lead the preparation, consolidation, and monitoring of annual budgets and periodic forecasts. 

• You will partner with business stakeholders to understand cost drivers and validate budget assumptions. 

• You will track budget versus actuals and provide timely variance analysis with clear explanations. 

IT Cost Management & Control 

• You will monitor operational and project-related costs to ensure alignment with approved budgets. 

• You will identify cost-saving opportunities and efficiency improvements across departments. 

• You will support cost allocation, chargebacks, and internal cost transparency initiatives. 

• You will manage with Procurement the IT related Contracts by creation, negotiations and renewal  

Financial Reporting & Analysis 

• You will develop insightful financial analytics to support executive and senior management reviews. 

• You will develop dashboards and KPIs to track cost performance and financial efficiency. 

• You will maintain and optimize the use of financial systems, including ERP and budgeting and planning tools. 

• You will ensure data accuracy and consistency across financial systems and reporting outputs. 

Stakeholder Collaboration 

• You will act as a financial partner for business units, helping them manage and optimize their spending. 

• You will support budget owners in understanding financial impact and ensuring compliance with policies. 

• You will collaborate with Procurement, HR, IT, and Project Management teams to ensure financial alignment and cost transparency. 

Process & Governance 

• You will ensure compliance with internal financial policies, controls, and approval frameworks. 

• You will contribute to continuous improvement of budgeting, forecasting, and cost management processes. 

• You will support audit activities related to budget and cost controls, as required. 

Skills  

Professional Experience 

• You should have a bachelor’s degree in finance, Accounting, Economics, or a related field. 

• You should have experience in budgeting, cost management, controlling, or financial analysis roles. 

• You should have strong knowledge of financial reporting tools (preferred Excel and Power BI) 

• You should have expertise in budgeting, forecasting, and financial planning across OPEX and CAPEX. 

• You should have experience working with large data sets and financial systems (ERP, planning tools). 

• You should have advanced Excel skills (complex formulas, pivot tables, and financial models). 

• You should have good communication skills with the ability to explain financial information to non-finance stakeholders. 

• Nice to have knowledge of contract management systems and contract negotiations