Financial Planning and Analysis Manager

Who We Are:Fulcrum Digital is a leading business platform and digital engineering services company, partnering with global organizations across industries such as fintech, insurance, higher education, and e-commerce.Founded in 1999, Fulcrum Digital has grown to 1,300+ employees and serves over 100 global clients across the US, LATAM, Europe, and India. With deep expertise in digital transformation, machine learning, and emerging technologies, we deliver a consulting-led, integrated suite of enterprise-grade software products, services, and solutions that drive real business impact.The Role:We are seeking a highly skilled FP&A Manager with strong expertise in financial oversight, budget management, and vendor relations to oversee our IT organization’s financial operations within the insurance sector. The ideal candidate will ensure optimal allocation of IT financial resources, implement robust cost control measures, and provide strategic financial guidance to support IT initiatives that align with overall business objectives.What You’ll Do:Budgeting & Forecasting:Develop and manage comprehensive IT budgets, including forecasting, allocation, and tracking of expenditures across all IT departments.Vendor & Contract Management:Oversee vendor management processes, including contract negotiations, SLA monitoring, and cost optimization strategies for IT service providers.Financial Governance:Implement financial controls and governance frameworks to ensure compliance with corporate financial policies, audit standards, and regulatory requirements.Financial Analysis & Optimization:Conduct regular financial analyses to identify cost-saving opportunities, optimize IT spending, and maximize return on technology investments.Reporting & Insights:Prepare and present detailed financial reports and dashboards for executive leadership, highlighting budget variances, trends, and performance metrics.Strategic Partnership:Collaborate with IT and business leadership to develop financial strategies that support technology roadmaps and digital transformation initiatives.CapEx & OpEx Planning:Lead financial planning for IT capital expenditures and operational expenses, ensuring alignment with business priorities and investment strategies.Procurement Oversight:Manage procurement processes for IT assets and services, ensuring best value, cost efficiency, and compliance with organizational policies.Risk Management:Develop and maintain financial risk management strategies for IT investments, vendor relationships, and multi-year technology programs.What You’ll Bring:Experience: 7+ years in financial management or FP&A within IT organizations, preferably in the insurance or financial services industry.Expertise: Strong understanding of IT financial management principles, budgeting methodologies, and vendor management practices.Results: Proven track record in cost optimization, budget control, and financial analysis for technology investments.Tools: Proficiency with financial management systems (e.g., SAP, Oracle, Hyperion) and advanced Excel or financial modeling skills.Negotiation Skills: Excellent negotiation and relationship management capabilities with demonstrated success in vendor contract management.Leadership: Strong leadership and stakeholder management skills; experience leading cross-functional finance teams in complex environments.Education: Bachelor’s degree in Finance, Accounting, Business Administration, or related field; MBA or CPA preferred.Domain Knowledge: Familiarity with insurance industry financial regulations, compliance, and IT cost allocation models is a plus.