Financial Analyst

Digital Park II, Einsteinova 25, 851 01 Bratislava 5, Bratislava

Provides financial control and business partnering support for the Applications Development & Quality Services functions and managers in the Slovakia IT hub who employ 230 staff and spend $14m of opex costs and $4m of capex costs pa.

Job Specific Responsibilities
Ensure monthly accruals are accurate per the agreements signed with First Data and information received from cost centre owners.
· Liaising closely with our accounting function to ensure this happens and all liabilities are covered for each month.
· Variance analysis by cost centre and the hub in terms of the overall P&L should be used for detailed and high level commentary for cost centre owners and corporate reporting.
· Understand what the costs are for, who the users, with cost centre managers in a non bias basis.
· Call out risks to the various levels of management when required and challenge expense owners to drive efficiency within their control.
· Yearly budget process, forecasting and the strategic 3 year long range plan activities and involvement.
· Operating and Capital expenditure per targets set by corporate and acting as gatekeeper for all spend taking place within the Slovakia IT hub on App Dev & GQS functions.
· Ensuring all costs are allocated to the benefitting business units and legal’s for agreements are setup.
· Continually updating the allocation model with the monthly actuals and new information is available to ensure minimum risk for the entity.
· Partnering with all cost centre owners to ensure actuals, accruals, risk and opportunities are reviewed and reduces the time with forecasting and budgeting when required.
· Business investment request creation for replacement, new or strategic spend occurring with the Slovakia hub and ensuring solution understand and allocation approach agreed upfront.
· Drive accountability of the cost base with who has the decision rights to change, replace or cancel a specific product, service or solution.
· Capitalise per corporate policy where appropriate for labour hours backed up by hours from our time recording system.
· Ad hock queries from the business, IT metrics into new business cases, IT queries and Finance.
· Ensure effective controls are in place for each cost centre and updated approvers in line with management changes within the organisation.
· Accurately categorise service in line with transfer pricing direction with EMEA Tax and ensure overhead markup applied to cover costs outside of the hub e.g. Finance, Legal, HR, Facilities.
· Track saving initiatives for the hub to help ensure savings are achieved in line with expectations and hold management accountable.