IT Procurement & Financial Analyst

IT Procurement & Financial Analyst

2 Broadway, NYC, NY

6 Months Work hours: 37.50

Role Overview
The position is for an IT Procurement & Financial Analyst with experience in PeopleSoft and ServiceNow. The analyst will support procurement and financial analysis tasks, focusing on timely renewal of licensing, support, and maintenance contracts—primarily for the MTA IT Cyber Security Division, but also for other divisions as needed. The role involves providing procurement, budget, and financial information related to Cyber Division operations.

Key Responsibilities
Procurement Support

• Entering requisitions into PeopleSoft, including justification comments and ensuring sufficient budget exists prior to submission.
• Tracking active IT contracts and ensuring renewals are processed without service interruptions.
• Collaborating with IT and MTA HQ Procurement staff to resolve issues and advise project teams.
• Ensuring compliance with procurement, budget, and HR policies.

Budget Support

• Tracking planned and actual expenses; supporting annual accrual processes.
• Working with Budget Managers to resolve variances.
• Providing timely budget, procurement, and spend information.
• Performing basic financial analysis and reporting.

Human Resources Support

• Tracking and supporting consultant/professional services engagements in Beeline Vendor Management System.
• Entering PeopleSoft requisitions to fund consultant contracts/POs.
  
  
• Assisting with onboarding new consultants and professional services resources.

Required Qualifications

• Bachelor’s degree in Business Administration, Finance, Public Administration, or equivalent, or 1–3 years of relevant experience.
• Familiarity with PeopleSoft Procurement & Financial Modules, ServiceNow Asset/Contract Management, and Beeline Vendor Management System.
• Basic knowledge of IT hardware, software, and equipment.
• Strong MS Office skills or comparable applications; ability to learn new software quickly.
• Ability to perform high-volume work accurately and independently.