# Job Title: Financial Planning Analyst – IT

## About the Role
We are looking for a Financial Planning Analyst to join our Information Technology team. This role is critical for developing the annual CAPEX and OPEX budgets, monitoring actual spending against the budget, and projecting year-end results for executive reporting. As the primary liaison between IT and various departments, including Finance, Procurement, Accounting, Tax, and Financial Planning, you will anticipate budget deviations and identify cost-saving opportunities.

The Financial Planning Analyst will work closely with technical teams and management to ensure accurate budgeting and reporting. The position offers the chance to significantly impact one of the largest retail companies in the country.

## Key Responsibilities
– **Budget Planning**: Develop and consolidate the annual CAPEX and OPEX budgets for IT, gathering and analyzing requests from technical teams and managers.
– **CAPEX and OPEX Management**: Monitor actual versus budgeted spending, explain variances, and ensure proper classification of investments and expenses.
– **Expense Control**: Validate and process invoices, ensuring correct cost center and accounting codes.
– **IT Procurement**: Oversee the purchase orders for equipment and services, managing the budget reservations.
– **Financial Forecasting**: Project CAPEX and OPEX until year-end and update forecasts in each cycle.
– **Financial Closure**: Reconcile and validate monthly IT results with Accounting and Financial Planning.
– **Executive Reporting**: Prepare and present IT financial results to management and the board.
– **Financial Governance**: Ensure adherence to approved budgets and correct accounting classifications.
– **Risk Management**: Identify budget deviations and impacts in advance, monitoring action plans.
– **Cost Center Management**: Control IT expenses, including allocations to other areas.
– **Request and Project Management**: Consolidate new demands and assess their financial impact prior to approval.

## Required Skills
– Advanced SQL knowledge
– Proficiency in Power BI
– Advanced Excel skills
– Basic understanding of Databricks
– Strong analytical skills and attention to detail

## Important Qualifications
– Bachelor’s degree in Administration, Accounting, Economics, Production Engineering, or a related field
– Prior experience in financial planning, controlling, or corporate budgeting
– Proven experience in the full budgeting cycle (construction, monitoring, forecasting, and variance analysis)
– Advanced Excel skills (pivot tables, VLOOKUP, scenario modeling)
– Practical knowledge of CAPEX and OPEX and their accounting implications
– Experience with corporate ERP systems in accounts payable, invoicing, or cost center management

## Preferred Skills
– Previous experience in IT budgeting or technology sector
– Experience in retail or companies with multiple branches and cost centers
– Knowledge of IT contracts (licensing, cloud, outsourcing, telecom, and maintenance)
– Familiarity with Technology Business Management (TBM) or IT cost allocation by service
– Postgraduate degree or MBA in Finance, Controlling, or Business Management
– SQL or automation skills (Power Query, VBA, Python) for expense data processing
– Intermediate English for reading contracts and invoices from international suppliers

## Useful Links
– [Company Website](https://…)
– [Careers Page](https://…)
– [LinkedIn](https://…)

## Why You Might Be Interested
This position offers a unique opportunity to contribute to the financial oversight of a major player in the retail industry. As a Financial Planning Analyst for IT, you will play a pivotal role in budgeting and financial management, adding value to your professional skill set and providing insight that drives operational efficiency across the organization.