City Of New York

IT BUDGET & CONTRACT SPECIALIST

City Of New York$75K — $95K *
Information Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Baccalaureate degree in a relevant field with 4 years related experience, or an associate degree with 6 years experience.
  • Experience must include specialization in a relevant technology or methodology.
  • Demonstrated knowledge of IT financial management and procurement processes.
  • Strong analytical skills for budget variance and expenditure analysis.
  • Experience in vendor management and contract administration.

Responsibilities

  • Plan, manage, and monitor financial and procurement activities for IT projects.
  • Develop project budgets, financial forecasts, and funding requests for technology initiatives.
  • Lead the creation of RFPs, RFIs, and procurement documentation while ensuring compliance with policies.
  • Administer IT consultant and vendor contracts throughout their entire lifecycle.
  • Coordinate with multiple stakeholders to manage project financial milestones and funding approvals.
  • Monitor project portfolio financial performance and develop dashboards for strategic decisions.
  • Execute invoicing workflows and ensure alignment between budgets and vendor billings.

Benefits

  • Standard work hours from 9:00 am to 5:00 pm.
  • Opportunities for professional development and career advancement.
  • Collaborative work environment with executive leadership and diverse teams.
Full Job Description
Information Technology Services (ITS) is recruiting for one (1) IT Project Specialist, to function as an IT Budget and Contract Specialist, who will: - Be responsible for planning, managing, and monitoring the financial, contractual, and procurement activities supporting the ITS technology investment portfolio. The selected candidate will partner with executive leadership, project teams, procurement, and finance organizations to ensure technology initiatives are appropriately funded, procured, and financially managed throughout their lifecycle.: - Develop comprehensive IT project budgets, multi-year financial forecasts, cost estimates, and funding requests supporting enterprise technology initiatives. Prepare Statements of Work (SOWs), Independent Cost Estimates (ICE), procurement documentation, and executive funding justifications for submission to the Office of Budget Administration (OBA) and other oversight organizations. - Lead development of Requests for Proposal (RFPs), Requests for Information (RFI), Statements of Work (SOWs), Task Orders, contract amendments, renewals, and other procurement documents. Participate in procurement planning, vendor evaluations, negotiations, proposal scoring, and contract award activities while ensuring compliance with City procurement policies. - Administer the complete lifecycle of IT consultant and vendor contracts, including budget monitoring, contract modifications, renewals, invoice reconciliation, consultant utilization, vendor performance tracking, deliverable validation, and financial compliance. - Coordinate with ITS program managers, ACCO, OBA, OMB, Finance, Legal, and vendor organizations to manage project financial milestones, procurement schedules, funding approvals, project risks, and contractual dependencies. - Monitor financial performance across the ITS project portfolio by analyzing project expenditures, funding availability, budget variances, consultant utilization, total cost of ownership, and forecasted spending. Develop executive dashboards and portfolio reports supporting strategic investment decisions. - Develop, maintain, and monitor Consultant Services Plans, technology spending plans, and fiscal year financial projections across multiple object codes. Prepare funding requests, monitor approved budgets, analyze spending trends, identify funding risks, and recommend corrective actions to ensure projects remain financially sustainable. - Execute end-to-end IT invoicing workflows, ensuring strict alignment between contract budget documents and vendor billings. Manage comprehensive invoice tracking reports to monitor budget utilization and prevent overspending. Facilitate timely processing of IT invoices by conducting detailed reconciliations. - Participate in year-end contract accrual exercises to ensure financial reporting complies with accounting standards by matching expenses to the period in which they were incurred. - Monitor and track the lifecycle of all open encumbrances, reconciling outstanding invoices against actual expenditures, and preparing encumbrance requests, ensuring that all the invoices can be paid on timely manner. Hours/Shift: 9:00am - 5:00pm IT PROJECT SPECIALIST - 95710 Qualifications 1. A baccalaureate degree from an accredited college in computer science, engineering, human computer interaction, interactive media, digital and graphics design, data visualization, communication or a related field, and four years of satisfactory full-time experience related to the area(s) required by the particular position and a specialization in a relevant technology, process, methodology and/or domain; or 2. An associate degree from an accredited college in computer science, engineering, human computer interaction, interactive media, digital and graphics design, data visualization, communication or a related field, and six years of satisfactory full-time experience related to the area(s) required by the particular position and a specialization in a relevant technology, process, methodology and/or domain; or 3. A baccalaureate degree from an accredited college, and eight years of satisfactory full-time experience related to the area(s) required by the particular position and a specialization in a relevant technology, process, methodology and/or domain; or 4. Education and/or experience which is equivalent to "1", "2", or "3" above. Additional Information

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