Senior Associate, IT Budget Coordinator

Location Designation: Hybrid - 3 days per week 

Role Overview:

The IT Budget Coordinator is responsible for managing the full lifecycle of the IT budgeting process, ensuring accuracy, compliance, and alignment with organizational goals. This includes preparing and reconciling budgets, managing accruals and renewals, overseeing procurement, and collaborating closely with IT managers and Finance to provide transparent financial reporting and forecasts. By maintaining disciplined financial tracking, the role minimizes risk and supports IT in delivering both operational and strategic initiatives.

What You’ll Do:   

• Maintain and update the IT Working Budget spreadsheet, including forecasts, actuals, and reforecasts.
• Track and reconcile expenses across internal labor, operational expenditures, capital expenditures, and project-based costs using SAP and related tools.
• Prepare and validate monthly accruals, ensuring timely and accurate submission to Finance.
• Manage staff augmentation and consultant tracking via Fieldglass and Ariba, aligning with budget forecasts.
• Initiate and monitor procurement requests and software/hardware renewals, ensuring accuracy and continuity.
• Collaborate with IT leadership and Finance to review budgets, provide transparency, and advise on reforecasting.

What You’ll Bring:

You are detail-oriented, organized, and excel at financial planning, reconciliation, and reporting. You thrive in deadline-driven environments, are comfortable managing multiple budget processes simultaneously, and work well across Finance, IT, and Procurement functions. With strong communication skills and technical expertise in financial systems, you ensure budgets remain accurate and aligned with organizational strategy.

Required Skills:

• Bachelor’s degree in Finance, Accounting, Business, or related field; or equivalent related experience
• Strong financial planning, forecasting, and reconciliation skills
• Proficiency with SAP, Ariba, Fieldglass, and Excel-based budget models
• Strong attention to detail and organizational skills
• Ability to meet strict month-end close deadlines
• Excellent collaboration and communication skills

Preferred Skills:

• Familiarity with IT budgeting processes and project-based financials
• Experience in managing procurement requests and renewals
• Knowledge of Jira integration for initiative tracking
• Prior experience in IT or Finance support roles

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Pay Transparency

Salary Range: $65,000-$101,500 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID: 92565