Financial Analyst

Job Description

Job Description

WHO WE ARE

Empowering Connections, Inspiring Possibility

SageNet is a leading managed services provider specializing in connectivity, digital signage and cybersecurity. The company connects, manages and protects technologies and devices across widely distributed enterprises.

SageNet’s people, processes and technologies, coupled with its collaborative approach, empowers customers to achieve their core business objectives.

The company offers world-class service and support via its US-based 24 / 7 / 365 Network Operations Centers (NOCs) and Security Operations Centers (SOCs), geographically diverse teleports, a central National Logistics Center, multiple data centers, and a nationwide field service organization.

What makes SageNet unique is its Why : SageNet is passionate about Trusted Connections. This is a two-fold calling. First, the company creates trusted, reliable and secure technological connections for its customers.

Second, and perhaps even more importantly, SageNet works tirelessly to build trusted human connections with its customers, partners and communities.

The company believes that by creating, discovering and nurturing these trusted connections, SageNet enhances the world that connects us all.

With a three-decade track record in managed services, SageNet boasts a long-term customer base that includes the nation’s largest retail, financial, healthcare, utilities and energy organizations.

SageNet manages communications for more than 430,000 endpoints. Headquartered in Tulsa, SageNet has regional offices in Atlanta, Toronto and Washington, D.C.

WHAT YOU’LL DO

We are seeking a detail-oriented and proactive Financial Analyst to support our IT department’s finance and procurement operations.

This role will be instrumental in managing IT budgets, optimizing cloud costs, overseeing software procurement, and ensuring effective resource allocation to support strategic business goals.

The ideal candidate will have a strong foundation in financial analysis, with a focus on IT budgeting, forecasting, and procurement, and a keen eye for cost-saving opportunities, particularly through efficient license management and identifying duplicate software.

Major duties and responsibilities :

• IT Budgeting and Forecasting :
• Assist in the development and management of the annual IT budget, ensuring alignment with organizational goals and objectives.
• Analyze historical spending patterns and forecast future IT expenditures, considering ongoing projects, technology advancements, and business growth.
• Provide financial insights to IT leadership and collaborate on identifying cost-saving opportunities and optimal resource allocation.
• Prepare detailed budget reports and communicate financial analysis to senior management to support decision-making.
• Track and report on budget variances and provide recommendations for corrective actions.
• Cloud Cost Management :
• Monitor and analyze cloud expenses across various providers, ensuring cost-efficiency and adherence to budgetary goals.
• Implement strategies to optimize cloud costs, including resizing, leveraging reserved instances, and identifying underutilized resources.
• Develop and maintain a cloud cost forecasting model to anticipate future expenditures and collaborate with IT teams for efficient utilization of cloud resources.
• Track and report on budget variances and provide recommendations for corrective actions.
• Strategic Software Procurement and Evaluation :
• Support the software procurement process, including researching and evaluating new software solutions to meet organizational needs.
• Collaborate with cross-functional teams to gather requirements, assess software compatibility, and ensure alignment with IT standards and policies.
• Assist in negotiations with software vendors to secure favorable terms, leveraging volume discounts and strategic partnerships.
• Ensure comprehensive evaluation and vetting of software after making purchasing recommendations.
• Ensure compliance with organizational procurement policies and procedures.
• Software License Management and Cost-Savings Identification :
• Maintain a comprehensive inventory of software licenses, tracking usage, expirations, and compliance across the organization.
• Implement tools and processes to optimize software license utilization, identifying opportunities for savings by reducing redundancies and eliminating underutilized or duplicate software.
• Proactively review and analyze software usage patterns to detect overlapping or duplicate solutions, recommending consolidation options where feasible to achieve cost savings.
• Work closely with legal and procurement teams to review and negotiate software license agreements, ensuring the organization’s cost efficiency and legal compliance.

WHO YOU ARE

Key Qualifications

• Bachelor’s degree in finance, Accounting, Business Administration, Information Technology, or a related field.
• Minimum of 3-5 years of experience in financial analysis, budgeting, or IT procurement roles.
• Strong analytical and problem-solving skills, with the ability to interpret complex data and make informed recommendations.
• Excellent communication skills, with the ability to present financial information clearly to both technical and non-technical stakeholders.
• Knowledge of cloud computing platforms (e.g., Azure, Google Cloud), software licensing models, and industry’s best practices is a plus.
• Proficiency in financial analysis tools and software, such as Microsoft Excel, and familiarity with financial management platforms such as SAP, Oracle, or cloud-specific cost management tools.

Preferred Skills :

• Certification in IT Financial Management, Cloud Cost Management, or related areas.
• Familiarity with project management methodologies and tools.
• Strong understanding of data security and regulatory compliance in IT procurement and financial operations.
• Experience with financial modeling and scenario analysis.
• Experience with IT financial management software.

WHERE YOU’LL WORK

Enjoy the flexibility of our hybrid work model. Our business casual working environment fosters collaboration and productivity.

• Special Working Conditions :
• This position will report to an office and will be part of a larger team atmosphere with remote and in office team members.
• Business casual working environment

PHYSICAL REQUIREMENTS

• Be able to sit for long periods of time without problem
• Extensive use of fingers and hands for typing
• Extensive use of eyes to be able to analyze documents electronically and physically for long periods of time

CLASSIFICATION* : Salaried / Exempt

POSITION TYPE : Fulltime

TRAVEL REQUIREMENTS : Negligible

DIRECT REPORTS : None

SAFETY SENSITIVE : No

Equal Opportunity Employer

SageNet is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Legal Disclaimer

This job description is intended to provide a general overview of the position. It is not an exhaustive list of all responsibilities, duties, and skills required.

SageNet reserves the right to modify this job description at any time, with or without notice. Employment with SageNet is at-will, meaning that either the employee or the company may terminate the employment relationship at any time, with or without cause or notice.

SageNet will provide reasonable accommodation for qualified individuals with disabilities.

As a managed services provider, SageNet maintains a high level of information Security. SageNet has a published Information Security Policy and provides mandatory Security Awareness Training for all employees.

SageNet requires that all employees adhere to the published SageNet security policy, failure to do so may result in termination of employment.

The SageNet security program is only as strong as our people and as such it is the responsibility of all employees to protect corporate and customer data following best practices and policies.

Ready to join a team that values trusted connections? Apply now!