IT Financial Operations Analyst at Motorola Solutions
If you are a current Motorola Solutions employee, please click this link to apply through your Workday account.Company Overview
At Motorola Solutions, we create technologies our customers refer to as their lifeline. Our technology platforms in communications, software, video and services help our customers work safely and more efficiently. Whether it’s helping firefighters see through smoke, enabling police officers to see around street corners, or reliably keeping the lights on in homes and businesses around the world, our work supports those who put their lives on the line to keep us safe. Bring your passion, potential and talents to Motorola Solutions, and help us usher in a new era in public safety and security.
Department OverviewOur IT organization has a critical role in driving extraordinary business results. Through a strong partnership with other areas of our business, we bring innovative thinking to every conversation and deliver with integrity. We’re looking for people who bring great ideas and who make our partners’ ideas better. Intellectually curious advisors (not order takers) who focus on outcomes to creatively solve business problems. People who not only embrace change, but who accelerate it.
The purpose of this role is to provide insights and enable decision making related to the IT Budget. The primary mechanism for these insights is a monthly Financial Outlook Report which incorporates actual expenditures as well as forecasting of future costs. The role is also responsible for approving requests to spend money and ensuring that they are either covered within budget.
Scope of Responsibilities / Expectations
Primary responsibilities include:
Track & Report on operating (run) costs by vendor and IT service (Service Desk, Networks, Telecom, Software, Application Support, etc.). These are essential categories that we utilize to manage IT cost and are views that are not available in the standard financial chart of accounts.
Review and approve operating expenditures (purchaser orders) to ensure they are in line with budget and forecast. Seek appropriate Sr. Management approval when they will have a negative impact.
Ensure 3rd party supplier actual expenses are accounted for in the correct fiscal period. Submit accruals to the finance team as needed.
Monitor 3rd party supplier orders that are prepaid and work with finance team to amortize costs over the contract period
Review operational expenses for erroneous accounting and submit corrections to finance team to move costs to the correct department or project
Track planned and actual cost savings and incorporate into financial forecasts
Provide reporting of project costs - budget, forecast (demand), commitments (expenditures), and actuals by project/program
Forecast project spend (OpEx and CapEx CV)
Provide reporting of project budget, forecast (demand), commitments (expenditures), and actuals by project/program, and by fiscal quarter/ year (3 year view).
Coordinate approval of changes in project budget.
Build the IT budget in support of the annual financial planning process.
Simplify financial processes and tools to reduce effort and enable faster execution of external investment spend
Support and understand the showback model that provides transparency for business partners to the financial effect of IT investment decisions.
Superior financial reporting communication skills
Experience with budgeting and forecasting
Ability to analyze large volumes of complex data
Experience with Oracle financial systems preferred
Experience working in an Information Technology organization preferred
Knowledge of common accounting concepts such as journal entries, accruals, amortization, debits, credits, cash flow, expense vs capital.
Excellent written and verbal communication skills required
Bachelor’s degree minimum
3+ years of Financial experience
Proficient in Microsoft Excel and/or Google Sheets - (Google Sheets preferred)
Referral Payment PlanYes
Our U.S. Benefits include:
- Incentive Bonus Plans
- Medical, Dental, Vision benefits effective Day 1
- 401K with Company Match and Day 1 vesting
- 9 Paid Holidays
- Generous Paid Time Off Packages
- Employee Stock Purchase Plan
- Paid Parental & Family Leave
- and more!
Motorola Solutions is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran's status, or, any other protected characteristic.