IT Finance Operations Work From Home Jobs

IT Finance Operations Work From Home Jobs An IT Financial Operations Coordinator plays a crucial role in managing and optimizing the financial aspects of IT departments within organizations. This position combines finance and technology expertise, ensuring the smooth operation of financial activities related to IT projects and services. These professionals help bridge the gap between the IT department and the finance team, ensuring that both work seamlessly to meet the organization’s objectives.

One of the primary responsibilities of an IT Financial Operations Coordinator is budgeting and forecasting. They work closely with IT managers to prepare budgets, monitor expenses, and track variances. This role involves creating detailed financial reports, analyzing data, and providing insights that help IT leaders make informed decisions about resource allocation. The coordinator ensures that IT projects stay within budget while meeting deadlines and achieving desired outcomes.

Another key function is managing vendor relationships. The IT Financial Operations Coordinator often oversees contracts, negotiates pricing, and ensures that vendors deliver services as per the agreement. This involves reviewing invoices, approving payments, and ensuring that costs align with the agreed-upon terms. By maintaining strong vendor relationships, the coordinator ensures that the organization gets the best value for its IT investments.

The role also involves financial compliance and risk management. IT Financial Operations Coordinators ensure that all financial activities adhere to internal policies, regulations, and industry standards. They monitor expenditures to prevent fraud, audit errors, or discrepancies, safeguarding the organization’s financial health. They also play a role in identifying potential financial risks in IT projects and developing strategies to mitigate them.

Effective communication and analytical skills are essential for this role. IT Financial Operations Coordinators must be able to translate complex financial data into actionable insights that IT and finance teams can use. They also need to collaborate with various departments, ensuring that financial goals align with the overall business strategy. Additionally, they provide regular updates to stakeholders about financial performance and the status of IT projects.

Overall, the IT Financial Operations Coordinator is a vital role for organizations seeking to manage IT finances efficiently. With expertise in budgeting, vendor management, compliance, and financial analysis, they contribute to the strategic management of IT resources. This ensures that IT initiatives not only deliver value but also align with the organization’s financial objectives, driving growth and sustainability.

Full Details About IT Finance Operations Work From Home Jobs

Edifecs seeks a skilled IT Financial Ops Coordinator to join its IT department, which is growing rapidly and implementing financial management practices into its operations. This role is integral to supporting budgeting, procurement, and project coordination within the IT team.

Key Responsibilities

As the IT Financial Ops Coordinator, your responsibilities will include:

• Expense Tracking and Compliance: Monitor and track software expenses using formal systems. Ensure adherence to contracts, Service Level Agreements (SLAs), and software licenses, focusing on cost optimization.
• Procurement Management: Handle day-to-day procurement and administrative tasks, including processing purchase orders, invoices, and vendor requests. Negotiate with vendors to secure the best deals and terms for Edifecs.
• Vendor Coordination: Manage relationships with critical vendors, focusing on urgent procurements and service outages. Meet with vendors to review SLAs and ensure compliance with Edifecs’ standards. Collaborate with the Legal team on contracts, Non-Disclosure Agreements (NDA), and other legal matters.
• Supply Chain Management: Develop strategies for supply chain management and license cost reduction. Maintain up-to-date records, such as vendor lists, procurement trackers, and project lists.
• Security and Compliance: Work closely with vendors to ensure compliance with security protocols and maintain records for adherence.
• Evaluation and Assessment: Analyze products and vendors to ensure they meet Edifecs’ procurement criteria. Share evaluations as per the company’s policies.
• Asset Management: Plan and track the inventory of hardware and software assets throughout their lifecycle, from purchase to retirement.
• Budget Planning: Create detailed spending plans for annual maintenance contracts and support yearly budget preparation. Coordinate closely with the Accounting and Finance teams for monthly reconciliations and budget tracking.
• Budget Analysis: Monitor IT budget performance, including actual spending, forecasts, and variances, and identify opportunities for cost savings and efficiency improvements.
• Project Support: Assist with project management by creating plans, schedules, and reports. Coordinate resources and communicate with stakeholders. Lead project meetings, workshops, and presentations.

Skills and Experience

Successful candidates will have:

• A bachelor’s degree in fields like computer science, information systems, finance, or business administration.
• At least two years of experience in IT budgeting, procurement, or project management.
• Strong understanding of software licensing models, vendor management, and contract negotiation.
• Proficiency in Microsoft Office tools like Excel, Word, PowerPoint, and Project.
• Excellent organizational, analytical, and communication skills for working with various stakeholders.
• The ability to work both independently and collaboratively in a dynamic, fast-paced environment.
• Attention to detail and strong multitasking abilities.
• A passion for continuous learning and innovation.

About Edifecs

Edifecs is a leading technology company serving the U.S. healthcare market, helping clients transform the healthcare landscape. With over 25 years of experience, Edifecs offers a top-tier interoperability platform. Its clients, including healthcare payers, providers, and technology partners, use this platform to facilitate the seamless exchange of data, driving improvements in care delivery. Edifecs is dedicated to addressing key challenges in the healthcare industry, such as advancing value-based care, securing accurate funding, and automating prior authorization processes.

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