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Technology Budget & Planning Manager

POSITION SUMMARY

The Technology Budget and Planning Manager is responsible for overseeing the budgeting process for the organization’s technology initiatives. This role involves strategic planning, financial analysis, and collabo-ration with various departments and non-bank entities to ensure alignment of technology investments with business objectives. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a deep understanding of technology trends and budgeting practices.

 

MAJOR JOB RESPONSIBILITIES

  •     Lead the annual budgeting and invoicing process for technology projects and initiatives.
  •     Monitor and analyze technology expenditures against the budget, identifying variances and recom-mending corrective actions.
  •     Prepare detailed budget reports for management and stakeholders.
  •     Manage monthly tracking and invoicing of software/hardware expenditures throughout the organi-zation and non-bank entities, including but not limited to PPP, Beacon, and BIAS.
  •     Collaborate with IT and business leaders to identify technology needs and align them with organiza-tional goals.
  •     Develop long-term technology investment plans that support business growth and operational effi-ciency.
  •     Conduct market research and analysis to inform budget decisions. Perform cost-benefit analyses for proposed technology projects.
  •     Evaluate the financial viability of technology investments and initiatives.
  •     Provide insights and recommendations based on financial performance metrics.
  •     Present budget proposals and financial reports to senior management and stakeholders.
  •     Facilitate discussions on technology priorities and funding requirements.
  •     Build and maintain relationships with internal and external partners.
  •     Ensure adherence to organizational policies and Compliance regulations in budgeting and invoice payment processes.
  •     Identify, flag, and analyze potential financial and budgetary risks associated with technology invest-ments and recommend mitigation strategies.
  •     Carry out supervisory responsibilities in accordance with the Provident Bank policies, including inter-viewing, hiring, training, and managing employee(s).
  •     Plan, delegate, and direct work as appropriate while identifying training needs and facilitating em-ployee development.
  •     Address conflicts and concerns promptly and effectively while promoting a respectful and collabora-tive workplace.
  •     Create and deliver performance appraisals in accordance with Bank policies.

 

SUPERVISORY RESPONSIBILITIES

Yes

 

SKILLS AND TRAINING

  •     Proven experience in budgeting, financial analysis, or strategic planning, preferably in a technology environment.
  •     Strong understanding of technology trends and their financial implications.
  •     Excellent analytical, organizational, and problem-solving skills.
  •     Proficient in financial modeling and budgeting software/tools.
  •     Strong communication and interpersonal skills, with the ability to present complex information clear-ly.

 

EDUCATION

  • Bachelor’s degree in Finance, Accounting, Information Technology, or a related field. (MBA preferred.)

 

WORK EXPERIENCE

  •     At least 3 years of managerial experience.
  •     At least 3-5 years of experience in financial analysis.

 

WORKING CONDITIONS

The work is performed mainly in a normal office environment.  Noise levels are usually moderate.

 

HAZARDS

The hazards are mainly those present in a normal office setting.

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This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.

 

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.                                            

                                                         

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

                                                                                                                                        

 

About Provident Bank

For more than 180 years, Provident Bank has served individuals, families, and businesses in our local communities with personal and business banking services.

Volunteering is a Way of Life

Our brand promise - “Commitment you can count on” - supports the investments we make in the community and donations made by our employees. It’s a promise also reflected in the volunteerism of our employees, who lend time and talent and countless hours to assist hundreds of organizations and thousands of people and animals each year.

Why do we love it?

  1. We get to volunteer in areas that are meaningful to the bank and impactful in the community.
     
  2. Through generous contributions, we have raised over $912,000 in 2022. No item or donation is too small; we find a home for it all.

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