IT Finance & Vendor Manager

JOIN THE TEAM THAT’S POWERING PROGRESS

Building cities. Driving commerce. Fueling Progress. For over 100 years, Allison has powered the vehicles and technology that move our world forward.

What powers us? Our employees. From the first person hired by James Allison in 1915 to the thousands across the globe who work for Allison today, we're driving progress everywhere because we employ top talent worldwide. In both the Allison Transmission and Allison Off-Highway Drive and Motion Systems business units, our team strives to Improve the Way the World Works.  

Learn more about this role and how you can begin driving your career forward!

Benefits:

The below list features some of the benefits currently available. Eligibility may be subject to the terms and conditions of governing documents and available benefits may be subject to change at the company’s discretion.

• Choice of medical plans with prescription coverage

• Employer HSA contribution

• Dental & Vision Insurance

• Paid Parental Leave

• Short & Long-Term Disability

• Other voluntary benefits including: Critical Illness, Hospital Indemnity, Identity Theft Protection and Pet Insurance

• 401K with generous Company match & contribution

• Accrued Paid Time Off

• 12 Paid Holidays + 1 Floating Holiday

• Robust employee wellness program

• Tuition assistance program

Job Description:

Primary Purpose of Role:

• The IT Finance / Vendor Manager is responsible for overseeing financial planning, budgeting, forecasting, and vendor management across the IT function. This role partners closely with Finance, Project Managers, Scrum Masters, and IT leadership to ensure financial transparency, cost optimization, and effective vendor performance aligned with organizational goals.

Key Responsibilities:

• Lead the end-to-end development of the annual IT budget, including both Operating Expenses (OpEx) and Capital Expenditures (CapEx), in close partnership with Finance and IT leadership
• Develop and maintain monthly financial forecasts, ensuring alignment with changing business priorities and project demands
• Track and report actual spend against budget on a monthly basis, ensuring accuracy and completeness of financial data
• Perform detailed variance analysis (budget vs. forecast vs. actuals) and collaborate with stakeholders to identify drivers, risks, and corrective actions
• Prepare and communicate monthly financial reports, dashboards, and insights to IT leadership, Finance, Project Managers, and Scrum Masters
• Partner with Project Managers, Scrum Masters and Functional/Technical SMEs to ensure project-level and Op-Ex financials are accurately planned, tracked, and forecasted
• Proactively manage vendor contracts, including monitoring spend, usage, and performance to ensure value realization
• Lead timely contract renewals, renegotiations, and terminations to avoid service disruptions and optimize costs
• Identify and drive cost optimization opportunities across IT spend, including vendor consolidation, license optimization, and demand management
• Ensure proper financial governance, including accruals, invoice validation, and compliance with procurement and finance policies
• Support business case development and investment planning with robust financial modelling and scenario analysis
• Build strong relationships with global stakeholders across IT, Finance, Procurement, and vendors to ensure alignment and transparency
• Manage financial planning and vendor oversight across multiple geographies, accounting for regional differences in contracts, currencies, and regulations
• Provide global HR oversight for Finance Analysts, including onboarding, performance management, coaching, and capability development
• Guide and mentor Finance Analysts to ensure consistency in financial processes, reporting standards, and analytical quality across regions
• Drive continuous improvement and standardization of financial and vendor management processes, including automation and reporting enhancements

Key Performance Measures:

• Accuracy and timeliness of budgets, forecasts, and financial reporting
• Variance management (planned vs. actual spend) within acceptable thresholds
• Vendor performance, cost savings, and contract value realization
• Stakeholder satisfaction across Finance, IT, and project teams
• Process improvements and efficiencies in financial and vendor management

Competencies and Behaviours:

The Highest Standards in Everything We Do

• Takes responsibility to deliver and can be counted on to deliver results in the right way

Drive a Positive ​Customer Experience

• Practices active listening to understand stakeholder needs
• Gains the trust of others through active engagement

Improve the Way the World Works:

• Learns and adapts quickly when facing new problems​
• Seeks out the opportunity to work on unfamiliar things and innovate

​

Teamwork​

• Participates in matrix teams to achieve work outcomes
• Steps up to either lead or participate in matrix teams to achieve work outcomes​

Qualifications:

• Bachelor’s degree in one of the following areas: Information Technology, Business, Computer Science, Finance, Business or equivalent experience 

Experience:

• Required:
  • 2-5 years of experience in IT Finance Management 
  • Strong expertise in IT financial management, including budgeting (OPEx/CAPEx), forecasting and tracking actuals
  • Strong skills in variance analysis, financial modeling and cost optimization
  • Understanding of IT cost allocation and chargeback / showback models, including allocation of IT costs to business units/functions based on usage, drivers or consumption
  • Experience managing accruals, invoice validation and financial reporting cycles
• Preferred: 
• Proven ability to manage global vendors, negotiate contracts and collaborate effectively with IT leadership and delivery teams in a matrix organization

Allison Transmission is an equal opportunity employer. We have opportunities for all qualified applicants regardless of age, race, color, sex, religion, creed, national origin, disability, sexual orientation, gender identity/expression or veteran status.

If you are an individual with a disability or a disabled veteran requiring assistance and/or reasonable accommodations reviewing any of the careers information, please contact us at ati+ask4max@service-now.com.

Please note that Allison Transmission will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Allison Transmission will not solicit money or banking information from applicants.