IT Financial Management Analyst
Job Title: IT Financial Management Analyst
Company: Loenbro, LLC
Business Unit/Department: Information Technology
Location: Gilbert, AZ
Reports to: Senior Director – IT Operations
Employment Type: Full-Time – Onsite
FLSA Classification: Exempt
Candidates must be authorized to work in the United States on a full-time basis. We are unable to sponsor or transfer visas at this time.
About Loenbro
Loenbro is a trusted, long-term construction lifecycle partner to thousands of customers across the U.S. Our market spans all industries, and our service offerings include Critical Electrical, Mechanical & Structural, Soft Crafts, Inspection, Underground Maintenance and Installation, and Fabrication. Our expertise lies in simplifying the complex and establishing long-standing relationships with our partners. We have a national presence but a local approach—every customer benefits from our capabilities and our care.
At Loenbro, we don’t just offer jobs—we build careers grounded in integrity, teamwork, excellence, and purpose. Join a team where your expertise is valued, your growth is supported, and your work helps maintain and enhance the critical infrastructure that powers communities across the nation.
Job Summary
The IT Financial Management (ITFM) Analyst is responsible for the daily financial oversight and optimization of IT spending. This role bridges the gap between IT operations and corporate finance, ensuring all technology investments are tracked, forecasted, and reported accurately. The successful candidate will drive cost transparency through showback/chargeback models, manage vendor contracts, and support cloud cost governance (FinOps) to ensure IT spend aligns with business growth and M&A activity.
Essential Job Responsibilities
Budgeting, Forecasting & Reporting
- Budget Coordination: Partner with IT leadership and Finance to develop and track the annual IT OpEx and CapEx budgets.
- Variance Analysis: Conduct monthly financial reviews to identify overruns, trends, and savings opportunities.
- Decision Support: Build TCO (Total Cost of Ownership) models to evaluate new technology initiatives and cloud migration scenarios.
Cost Allocation & Chargeback
- Model Management: Maintain and refine IT chargeback/showback models to allocate costs to business units based on actual consumption.
- Transparency: Produce regular reports for business unit leaders to provide visibility into their department’s IT footprint.
Cloud & SaaS Governance
- FinOps Support: Monitor Azure cloud spend, ensuring proper tagging compliance and identifying anomalies or optimization opportunities.
- SaaS Optimization: Track subscription usage and renewal timelines to eliminate "shelfware" and consolidate redundant licenses.
Vendor & Contract Management
- Contract Repository: Maintain a centralized database of IT contracts, tracking expirations, auto-renewals, and financial obligations.
- Renewal Management: Proactively manage the renewal pipeline to support renegotiations and competitive sourcing.
- Invoice Reconciliation: Validate vendor invoices against contractual terms and resolve billing disputes/discrepancies.
- License & Seat Coordination: Partner with the Procurement team to coordinate IT contracts and software licenses across the organization. Conduct regular seat/license usage analysis to optimize software spend, identify underutilized licenses, and ensure compliance with vendor agreements.
IT Asset & M&A Support
- Lifecycle Finance: Partner with IT Asset Management (ITAM) to reconcile financial records with physical inventory in Freshservice.
- M&A Integration: Support financial due diligence for acquisitions by identifying contract redundancies and projecting integration costs.
Minimum Qualifications
Required Education & Experience:
- Education: Bachelor’s degree in Finance, Accounting, Business, or IT.
- Experience: 3–5 years in IT financial management, IT procurement, or a related financial operations role.
- Technical Skills: Advanced Excel proficiency (pivot tables, financial modeling, VLOOKUPs).
- Contract Literacy: Solid understanding of SaaS agreements, maintenance contracts, and MSAs.
- Tooling: Experience with ITSM or Asset Management platforms (Freshservice, ServiceNow, etc.).
- Strong written and verbal communication skills; able to document and present financial analysis to leadership.
Preferred:
- Exposure to Azure cost management or FinOps principles.
- Experience with Power BI or SQL for financial dashboarding.
- Familiarity with ITIL frameworks or Technology Business Management (TBM) models.
- Background in construction, industrial services, or energy sectors.
Physical Demands and Work Environment
The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Work Environment:
- Office-based with flexibility for remote work as approved
- Occasional support for field teams and job sites
This role requires compliance with all applicable safety regulations, personal protective equipment (PPE) requirements, and Loenbro's Environmental Health and Safety (EH&S) policies.
Benefits
Loenbro offers a competitive salary, comprehensive benefits package, and rewards to those who join our team:
- Medical, dental, and vision insurance
- 401(k) retirement plan with company match
- Paid time off (PTO) and holiday pay
- Life and disability insurance
- Professional development and training opportunities
- Employee assistance program (EAP)
Benefits eligibility may vary based on employment classification and hours worked.
Guided by Core Values (LEAD), grounded in grit and a commitment to excellence, Loenbro betters our families, customers, and local communities. If you’re ready to be part of a company that LEADS by:
- Living with Integrity
- Exceeding Expectations
- Acting with Urgency
- Delivering Excellence
…we want to hear from you.
Loenbro is an Equal Opportunity Employer
This role will remain open for recruitment until successfully filled