Chicago Board Options Exchange

Sr IT Financial Analyst

Chicago Board Options Exchange • $102K — $133K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years experience in financial analysis, budgeting, forecasting, and reconciliation with a focus on technology cost centers.
  • Strong analytical skills for tracking budget adherence, identifying trends, and producing executive summaries.
  • Experience in creating dashboards/reports using tools like Sigma, PowerBI, or Tableau to convey spend and vendor data effectively.
  • Proficiency in Workday or a similar ERP for purchase order and budget review activities.
  • High attention to detail, organization, and the ability to independently manage multiple tasks in a dynamic environment.

Responsibilities

  • Contribute to budget planning and forecasting for Technology and global market data spend, collaborating with regional and global leaders.
  • Review and consolidate financial data, creating necessary allocations and assisting with guidance material updates.
  • Conduct monthly reconciliations and prepare executive summaries for budget vs. actual and forecast vs. actual metrics.
  • Support procurement processes through contract management and purchase order generation activities.
  • Validate purchase orders against approved budgets and review cost terms with the Vendor Management team.
  • Collaborate with Accounts Payable and buyers to resolve discrepancies and handle accrual and prepaid schedules accurately.
  • Develop and maintain dashboards covering IT spend and vendor cost trends for leadership insights.

Benefits

  • Generous paid time off including vacation, personal days, and community service days.
  • Comprehensive health, dental, and vision insurance with telemedicine services.
  • 2:1 401(k) match up to 8% immediately upon hire.
  • Discounted Employee Stock Purchase Plan and tax-saving accounts.
  • Paid tuition assistance and education opportunities to foster professional growth.
Full Job Description
Job Description:

Location Overview

Cboe HQ is located in the historic Old Post Office district, it's a landmark that blends classic architecture with modern amenities. The building features expansive spaces with high ceilings and large windows, offering an abundance of natural light and panoramic views of the city skyline and the Chicago River.

With its prime location in the heart of downtown, the OPO Building provides easy access to major transportation hubs, including Union Station and multiple CTA lines, making it convenient for commuters. The building is home to a variety of amenities, including restaurants, a fitness center, and collaborative workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.

Role Overview

Sr. IT Financial Analyst

As the Sr. IT Financial Analyst, you will be part of the Procurement and Vendor Management team and will work closely with leaders in the IT and Finance departments to strengthen financial controls, reporting, and cost management for technology projects. This position is pivotal in ensuring the accuracy and integrity of budget planning, forecasting, and financial reporting across Technology spend, partnering closely with Business Owners, SMEs, Accounts Payable, and the Vendor Management team to support informed, well-documented decision-making. This position demands meticulous attention to detail, strong analytical and organizational skills, and the ability to manage multiple priorities in a dynamic environment.

Your responsibilities will be:

  • Contributes to budget planning and forecast update cycles for all Technology spend and global inbound market data spend, collaborating with Regional and Global Leads and vendor business owners.


  • Reviews and consolidates budget and forecast data using standard FP&A templates, creates allocations where needed, and assists with updating guidance materials.


  • Performs monthly reconciliation, prepares executive summaries of budget-vs-actuals and forecast-vs-actuals, and conducts financial and spend analysis to quickly identify trends and discrepancies.


  • Assists with supporting systems, process, and tools used for procurement activities, including contract management, and PO generation requests.


  • Acts as budget reviewer for POs - validating spend against approved budget and YTD actuals - and reviews renewal cost and billing terms with the Vendor Management team.


  • Collaborates with Accounts Payable and buyers to resolve discrepancies and ensure accruals and prepaid schedules are handled correctly.


  • Builds and maintains dashboards and reporting (e.g., Sigma, PowerBI) covering IT and market data spend, contract renewals, and vendor cost trends for leadership visibility.


  • Aids in performing TCO analysis and building business cases for technology initiatives.


  • Introduces ideas to drive operational improvement and best practices, contributing to a culture of continuous improvement within the IT Finance function and systems.


The ideal candidate has

  • 5+ years of experience in financial analysis, budgeting, forecasting, and reconciliation, ideally supporting technology cost centers.


  • Strong analytical skills - able to track spend against budget, identify trends and discrepancies, and make thoughtful recommendations; produces clear executive-level summaries.


  • Experience building dashboards/reports (Sigma, PowerBI, Tableau, or similar) to communicate spend and vendor cost trends to stakeholders.


  • Proficiency with Workday or a similar ERP for PO/budget review and light PO administration.


  • Strong partnering skills - builds and maintains effective relationships with Vendor Management, business owners, and cross-functional teams to achieve shared objectives.


  • High attention to detail and organizational skills, with the ability to work independently and manage multiple tasks/projects in a dynamic, team-oriented environment.


You'll really stand out with

  • Data analytics and visualization skills (SQL, Snowflake, PowerBI, Sigma, Tableau)


  • Understanding of supporting infrastructure and network connectivity protocols and architectures


  • Understanding of exchange environment and inbound market data feeds and providers


Benefits and Perks of working for Cboe Global Markets

We value the total wellbeing of our people - including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:

  • Fair and competitive salary and incentive compensation packages with an upside for overachievement


  • Generous paid time off, including vacation, personal days, sick days and annual community service days


  • Health, dental and vision benefits, including access to telemedicine and mental health services


  • 2:1 401(k) match, up to 8% match immediately upon hire


  • Discounted Employee Stock Purchase Plan


  • Tax Savings Accounts for health, dependent and transportation


  • Employee referral bonus program


  • Volunteer opportunities to help you give back to your communities


Some of our associates' favorite benefits and perks include:

  • Complimentary lunch, snacks and coffee in any Cboe office


  • Paid Tuition assistance and education opportunities


  • Generous charitable giving company match


  • Paid parental leave and fertility benefits


  • On-site gyms and discounts to other fitness centers


  • Paid Time Off


Salary Ranges (applicable for US locations only)
At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $102,850-$133,100, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.

This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.

Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.

Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.

About Chicago Board Options Exchange

The Chicago Board Options Exchange, located at 433 West Van Buren Street in Chicago, is the largest U.S. options exchange with an annual trading volume of around 1.27 billion at the end of 2014. CBOE offers options on over 2,200 companies, 22 stock indices, and 140 exchange-traded funds. The Chicago Board of Trade established the Chicago Board Options Exchange in 1973. The first exchange to list standardized, exchange-traded stock options began its first day of trading on April 26, 1973, in celebration of the 125th birthday of the Chicago Board of Trade. The CBOE is regulated by the Securities and Exchange Commission and owned by Cboe Global Markets.
Learn more about Chicago Board Options Exchange
Industry
Founded
1973

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