IT Intern

Position Summary

The IT Budget Analyst is responsible for the financial governance of the IT organization, with a focus on vendor management, budget tracking, operational and capital expenditure monitoring, and year‑to‑date (YTD) financial projections. This role partners closely with IT leadership, procurement, finance, and project managers to ensure IT spending aligns with budget expectations and supports strategic initiatives.

Key Responsibilities

1. IT Budget Management & Forecasting

• Maintain and monitor IT OpEx and CapEx budgets, ensuring accuracy of financial data and alignment with organizational plans.
• Track monthly spend vs. budget, analyze variances, and prepare YTD and full‑year projections.
• Support annual budgeting and reforecasting cycles by partnering with IT budget owners to review prior‑year spending, validate requests, and prepare future run‑rate assumptions.
• Consolidate spending data and provide clear reporting to IT leadership, governance bodies, and finance teams.

2. Vendor & Contract Management

• Maintain oversight of IT vendor portfolio, ensuring contracts, renewals, and pricing align with IT and corporate procurement policies.
• Track contract renewal schedules and coordinate with legal, sourcing, and IT stakeholders to support renegotiations and timely renewals.
• Analyze vendor spend trends, identify optimization opportunities, and support vendor consolidation or cost‑saving initiatives.

3. Purchase Order (PO) & Invoice Management ← NEW

• Create, manage, and track purchase orders to ensure alignment with approved budgets.
• Validate invoices against POs, contracts, and delivery confirmations to ensure accuracy before approval.
• Resolve invoicing discrepancies by coordinating with vendors, procurement, and accounts payable.
• Monitor PO status and aging to ensure timely processing and prevent unpaid or overdue items.
• Support Finance with accurate accruals.

4. Capital Project Financial Tracking

• Track all IT capital spending for infrastructure, application, and cybersecurity projects.
• Validate project budget requests, ensuring alignment with corporate CapEx policies.
• Monitor actual project costs vs. approved budgets, providing variance reports and updated spend forecasts.
• Partner with project managers to validate financial milestones and ensure accurate capitalization of qualifying expenses.

5. Financial Reporting & Analysis

• Prepare routine dashboards and financial summaries for IT leadership, steering committees, and governance forums.
• Analyze spending anomalies or trends that require investigation and partner with stakeholders to resolve issues.
• Ensure IT financial data quality, including category allocation, GL coding, and vendor classification.

6. Process Governance & Continuous Improvement

• Help maintain standardized processes for IT budget development, tracking, and vendor management.
• Recommend improvements to financial controls, documentation, and reporting.
• Support internal and external audits related to IT financials or vendor governance.

Prysmian, as an Equal Opportunity Employer, aims to attract and recruit individuals with diverse backgrounds, skills, and abilities. We strongly believe that diversity brings significant value at all levels of the organization, increasing the possibility of capturing market opportunities and maximizing value for our customers and stakeholders. With Diversity, Equity, and Inclusion (DE&I) as part of our Social Ambition 2030 and a strategic pillar of our Company culture, Prysmian is committed to the development of an organization that prioritizes talent, where people feel respected, included, and free to fully express their potential just as they are.

All Managers and HRs in Prysmian are responsible for ensuring DE&I policies are respected during the recruiting process, as well as recognizing and mitigating unconscious biases that must not influence our selection processes. All persons will be considered for employment without regard to their race, ethnicity, religion, nationality, origin, citizenship status, socio-economic status, age, sex, gender identity or expression, sexual orientation, marital status, disability, military service or veteran status, pregnancy, parental leave, medical conditions, or any other characteristic protected by applicable federal, state or local laws. Prysmian will endeavor to make a reasonable accommodation for any disclosed physical or neurological condition or disability of a qualified applicant unless the accommodation would impose an undue hardship on the operation of our business.

Visit our DE&I Page to learn more about Prysmian’s commitments.

Your application data will be treated according to our Data Protection Policy. If you believe you require assistance to complete this form or to participate in an interview, please contact us at talent.mobility@prysmiangroup.com.

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