Technology Budget Senior Specialist
The Technology Budget Senior Specialist at Milbank LLP is a pivotal role within the Information Technology (IT) department, responsible for overseeing financial planning, budgeting, procurement, and expense management. This position manages annual operating and capital budgets ranging from $70 million to $100 million, ensuring that technology investments align with the firm's strategic objectives. The role requires close collaboration with IT leadership, Finance, Procurement, Legal, vendors, and project teams to optimize technology expenditures and maintain financial governance.
Key responsibilities include leading the annual IT operating and capital budget planning, forecasting, variance analysis, and financial reporting. The specialist develops multi-year financial plans that align with technology strategies and business priorities, producing executive-level financial reports and dashboards for senior leadership. Additionally, the role involves managing the financial lifecycle of various technology expenses, including software, hardware, cloud services, and managed services, while identifying cost-saving opportunities and ensuring expenses are accurately tracked and reported.
Candidates should possess a bachelor's degree in finance, accounting, business, information systems, or a related field, with at least seven years of experience in IT finance, technology portfolio management, IT procurement, or vendor management. Demonstrated experience managing a technology budget of $70 million to $100 million is essential. Strong analytical and financial modeling skills, along with excellent organizational, communication, and stakeholder management abilities, are required. The role also demands the capacity to work independently and influence stakeholders across various departments.
The anticipated base salary for this position ranges from $115,000 to $130,000 annually, reflecting the firm's commitment to attracting top talent. While specific benefits and perks are not detailed, Milbank LLP is known for offering comprehensive compensation packages that include health insurance, retirement plans, and professional development opportunities.
Milbank LLP is a prestigious international law firm providing corporate, finance, restructuring, litigation, and related legal services to companies and financial institutions. The firm fosters a collaborative and dynamic work environment, offering opportunities for professional growth and advancement. Joining Milbank as a Technology Budget Senior Specialist provides a chance to play a critical role in managing substantial technology investments within a leading global law firm.