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IT Financial Analyst 

Position IT Financial Analyst  
Category Accounting and Finance  
Location JMC Corporate Headquarters - Chicago, IL  

Do you want to work for a stable, growing organization that reaches back more than 130 years?  Our steel tube and pipe products have helped build landmarks and buildings in North America; Come build your career at JMC Steel Group!

JMC Steel Group is seeking an IT Financial Analyst at our corporate headquarters located in downtown Chicago, IL.  As part of the corporate finance team, the IT Financial Analyst will be responsible for managing, tracking and reporting company-wide IT budget, forecasts and spend.



  • Manages consolidated IT budget and supports CIO and his direct reports in budget, planning and forecast analysis.
  • Prepares the annual consolidated IT expense budget (approximately $25 million) and capital budget (approximately $7 million) for inclusion in the overall Corporate expense and capital budgets.  Works closely with the CIO and his direct reports to determine the scope and prioritization of projects and prepare a detailed line-by-line build-up of all costs.
  • Prepares detailed monthly and quarterly actual vs. budget analyses for:
    • Each IT department
    • Each major line item caption (hardware, software, maintenance, contractor spend, consulting spend, etc.)
    • Each major expense type (payroll, travel, benefits, cell phone usage, etc.)
    • Each major vendor
    • Ensures allocation of IT costs to the divisions is in line with the budgeted amounts
    • Reviews these analyses with the CIO, his direct reports and the Corporate Accounting team
  • Prepares formal quarterly forecast updates based on YTD expenses and capital spend and projected remaining spend for the rest of the year.  Informally provides monthly updates for significant intra-quarter items that may impact the current quarter’s results forecast.
  • Assists in the creation of new (or modification of existing) purchase requisitions and purchase orders (for expense items) and capital investment requests (for capital items) for all IT-related hardware, software, maintenance and consultant spend, including:
    • Coordinating with Procurement using the current JMC processes and protocols under the Spend Authority Matrix.
    • Ensuring budget exists for requested expenditures, both expense and capital.
    • Coordinating new vendor set-up with Accounts Payable.
    • Coordinating with Accounts Payable on the three-way match of PO, shipping document and invoice to ensure appropriate, timely and accurate vendor payments.
    • Coordinating with IT Directors as needed to validate appropriateness of spend, obtain approvals as necessary or hold payments as needed.
    • Assisting in the resolution of all issues related to IT purchasing and payment related activities, including PO issues, vendor issues, etc.
  • Tracks spend on a project-by-project basis, including:
    • For expense projects, ensure that charges to the PO are budgeted and align with the nature of the originally-request expenditure.
    • For capital projects, ensure that charges align with the detailed items included in the cost build-up contemplated in the original capital investment request.
    • For capital projects, coordinate with the Fixed Asset teams to ensure projects are placed in service on a timely basis and the appropriate depreciable life is assigned.
    • Review cost centers monthly for any potentially inaccurate postings.  For each of the above, summarizes and communicates status to date and projected overruns / underruns.
  • Works with Corporate Accounting to ensure:
    • Appropriate capital vs. expense determination
    • Assignment of POs to the correct department and G/L cost or asset line item
    • Proper amortization of prepaid items
    • Appropriate accruals are recorded for unbilled services or receipts
  • Identifies efficiencies, systems and process improvements in the budget, forecasting and tracking process to improve the level/quality of information provided and allow for better and more timely decision making by the CIO and CFO.
  • Participates in management reviews as necessary.
  • Responsible for special projects as assigned.



  • Bachelor’s degree with 3-5 years of previous experience in planning or forecasting.  Experience in IT-related financial support a plus.
  • Must have excellent:
    • Analytical and math skills.
    • Organizational, verbal and written communication skills.
    • PC software skills, including strong Excel skills.
  • Experience with SAP general ledger, specifically query and reporting capabilities.
  • Ability to interact with all levels of the organization.
  • Hard-working, energetic, desire to learn and take on new responsibilities.


JMC Steel Group offers competitive compensation and excellent benefits, including low cost, high quality medical and dental benefits.  In addition, we have a bonus plan, a 401(k) plan with a generous company match, immediate vesting and much more.



We are JMC Steel Group.

We manufacture superior quality tubular and related products, and provide outstanding service for our valued customers.

We seek to continuously advance the skills and opportunities of our employees, utilizing the latest technology and management tools available to consistently increase profitability and the enterprise value of JMC Steel Group and of our customers.


About the Organization JMC Steel Group includes the operating divisions of Atlas Tube, EnergeX, Picoma and Wheatland Tube. We are the largest independent manufacturer of hollow structural sections (HSS) and steel pipe in North America and the top producer of electrical conduit and fittings in the United States. We deliver a broad range of pipe and tube solutions that build our customers' success.

We produce more than 2.0 million tons of tubular products a year through our 15 Manufacturing facilities. With a thorough understanding of our customer's businesses and markets, we enable wholesalers, distributors, fabricators, original equipment manufacturers, contractors and design/build engineering companies throughout North America to manage inventory, reduce supply chain costs, and meet their customer's needs.


Non-Residential Construction, Energy, Transportation, Government, Utilities

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