Finance/Administration Specialist

Title: Finance/Administration Specialist          

General Characteristics:

• Responsible for the financial administration practices and procedures associated with the management of vendor contracts.
• Reviews vendor charges, identifies disparities and resolves basic issues with the service provider. Monitors contract budget performance, identifying variances and recommending corrective actions.
• Allocates costs across the enterprise and performs regular audits to ensure contract compliance.
• Performs cost benefit analyses and supports Vendor Relationship Management team in developing the business cases necessary to gain approval for vendor-supplied services.

Dimensions Education:

• Associate’s or Bachelor’s Degree in Business Administration, Finance or another related field.
• Or equivalent work experience.

Experience:

• A minimum of 2 years of financial management experience, preferably within the IT area.

Complexity:

• Learner/entry level role.
• Provides financial management of one or more outsourcing projects.
• Represents either a business unit or enterprise initiative.
• Works on projects that range in size, complexity and contract duration.
• Functions, somewhat independently, under general direction of senior level professionals, supervisors or managers. Generally, follows documented procedures and checklists.