TM1 stands for ‘Table Manager 1’ and is now known as IBM Cognos TM1 as TM1 was originally created by Manny Perez at Sinper, Sinper was acquired by Applix, Applix was purchased by Cognos and Cognos was bought by IBM shortly afterwards. IBM added additional updates and improved user experience. TM1 is compatible with both cloud and on-premise. IBM Cognos TM1 is a server software platform with a user server similar to Excel combined with additional web applications.
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Head / Director of Finance Systems
As a Finance Systems Director, you’ll bridge the gap between clients and the software system, understanding issues, developing solutions, and explaining limitations. This role will manage the ERP and Financial System department in driving client experience and growth.
Finance Systems Manager
The Finance Systems Manager will initiate and drive continuous improvement in financial reporting and associated systems, processes, and policies. The finance systems manager will support users of finance systems providing specialist knowledge of business systems and processes.
Business Analyst
Director of Business Intelligence directs a business intelligence group managing everyone who works underneath them. Oversees the planning and data – working with other departments. They identify and generate potential business intelligence opportunities.
Finance Systems Analyst
Business Intelligence Reporting Analyst work as part of a wider projects team. Day-to-day you will be gathering requirements, building reports, and helping map out their future reporting requirements. Responsibilities include identifying data and reporting requirements with end users. Testing data and configurating report. Working closely with the Finance Systems Manager and Project Manager to highlight risks and opportunities within the project plan.
Lead Developer
Business Intelligence Systems Manager focuses on the responsibility of the management and maintenance of systems from report building to user engagement/requirements. Educating business users on how BI and data visualisation can be used and encouraging the cleansing/refining of data to get the desired outputs. Working with large data sets and pulling data from multiple sources. Creating and implementing strategies to expand the use of BI solutions.
Systems Accountant
Business Intelligence and Data Analytics Leads work within the finance department to engage with the technical teams to refine data requirements, extending to data analysis, reporting, and visualisation, as well as questioning what new data sources may the business need to look at internally and connect the dots.
Finance/ Accounting Knowledge
Knowledge of delivering and maintaining IBM Cognos TM1
Good understanding of IBM Cognos TM1 architecture
Knowledge and experience of financial planning functions and processes
Knowledge of Data Warehouse, BI, OLAP, and dimensional modelling
Experience with SQL authoring and RDBMS databases
Understanding of Business Intelligence and Visualization reporting tools like Business Objects, Cognos, Tableau, SAP, etc
Strong time management skills
Effective verbal and written communication skills
It is typically used for financial planning, forecasting, reporting and analytics as it allows multiple users to make real-time amendments to the spreadsheet for analysis application to scale the enterprise.
It is capable of storing and organising mass amounts of data without taking up too much RAM. IBM Cognos TM1 allows users to combine multiple data sources with inter-departmental or team input to underpin business decision making with detailed data-supported business models.
Any user that makes an amendment to any cell can be viewed by all users of the spreadsheet simultaneously, allowing for fast and co-ordinated collaboration and project development. The IBM Planning Analytics platform, in addition to the TM1 database server, includes an ETL tool, server management and monitoring tools and a number of user front ends which provide capabilities designed for common business planning and budgeting requirements, including workflow, adjustments, commentary,
