IT Finance Manager

Job Title**: Finance Manager, IT Fiscal & Vendor Management **

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Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training, and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Position Summary:

We are seeking a highly skilled Finance Manager with strong expertise in financial oversight, budget management, and vendor relations to oversee our IT organization's financial operations within the insurance sector. The ideal candidate will ensure optimal allocation of IT financial resources, implement robust cost control measures, and provide strategic financial guidance to support IT initiatives that align with business objectives.

Key Responsibilities:

Develop and manage comprehensive IT budgets, including forecasting, allocation, and tracking of expenditures across all IT departments

Oversee vendor management processes including contract negotiations, SLA monitoring, and cost optimization strategies for IT service providers

Implement financial controls and governance frameworks to ensure compliance with corporate financial policies and regulatory requirements

Conduct regular financial analysis to identify cost-saving opportunities, optimize IT spending, and maximize return on technology investments

Prepare and present detailed financial reports and dashboards for executive leadership, highlighting budget variances and financial performance metrics

Collaborate with IT leadership to develop financial strategies that support technology roadmaps and digital transformation initiatives

Lead financial planning for IT capital expenditures and operational expenses, ensuring alignment with business priorities

Manage procurement processes for IT assets and services, ensuring best value and compliance with organizational policies

Develop and maintain financial risk management strategies for IT investments and vendor relationships