# IT Finance and Planning Lead
**Solventum**

## About the Role
The IT Finance and Planning Lead partners with IT and business leaders to improve financial transparency and support decision-making across the technology portfolio. The role focuses on budgeting, forecasting, long-range planning, and financial performance management for IT investments.

This position works closely with Finance, Procurement, IT leadership, and portfolio, program, and project teams. It helps strengthen governance, improve cost visibility, and support resource allocation, investment prioritization, and value realization across the organization.

## Key Responsibilities
– Lead IT budgeting, forecasting, annual operating plan, and long-range financial planning processes.
– Own monthly financial reporting, variance analysis, executive dashboards, and financial risk assessment.
– Support IT leadership with investment evaluations, business cases, total cost of ownership analysis, ROI analysis, and funding alternatives.
– Partner with portfolio, program, and project leaders on capital and operating expense planning, resource forecasting, benefits realization, and financial governance.
– Monitor spending trends, cost drivers, financial risks, and optimization opportunities across the IT portfolio.
– Manage vendor and contract-related financial activities, including budget tracking, purchase commitments, invoice validation, accruals, consumption analysis, forecast accuracy, and reporting.
– Improve financial management processes through standardization, automation, analytics, and best practices.
– Work with Finance, Procurement, IT, and business stakeholders to support policy compliance, audit requirements, governance standards, and financial controls.
– Prepare executive-ready presentations, insights, and scenario analyses to support prioritization and resource allocation decisions.

## Required Skills
– Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or Information Systems.
– 7+ years of experience in FP&A, budgeting, forecasting, accounting, portfolio financial management, or a related finance role supporting complex technology or business organizations.
– Strong background in annual planning, forecasting, financial modeling, variance analysis, management reporting, and investment evaluation.
– Experience supporting technology organizations, IT portfolios, digital transformation programs, or enterprise project investments.
– Strong understanding of capital vs. operating expense accounting, project financial management, budgeting controls, and financial governance.
– Advanced proficiency in Microsoft Excel, financial planning tools, ERP platforms such as SAP, Oracle, and Workday, and data analysis techniques.
– Ability to analyze complex financial information, identify trends and risks, and translate findings into business recommendations.
– Strong collaboration, communication, and stakeholder management skills with the ability to influence Finance, IT, Procurement, and business leadership.
– Experience creating executive-level dashboards, financial presentations, and decision-support materials.
– Continuous improvement mindset with experience driving process optimization, automation, and reporting enhancements.

## Preferred Skills
– MBA, CPA, CMA, CFA, or a similar professional qualification.
– Experience with Power BI, Tableau, Alteryx, or other analytics and visualization tools.
– Knowledge of IT portfolio management, resource planning, project accounting, and benefits realization frameworks.
– Experience supporting large-scale ERP, cloud, infrastructure, cybersecurity, or digital transformation programs.
– Understanding of software licensing, vendor financial governance, contract financial management, and technology investment lifecycle management.
– Experience managing financial planning processes in a global, matrixed organization.
– Strong business partnering and consulting skills with the ability to influence strategic investment and funding decisions.

## Cloud Platforms & Technologies
– **Productivity / Analysis:** Microsoft Excel
– **Financial Planning Tools:** Financial planning tools
– **ERP Platforms:** SAP, Oracle, Workday
– **Analytics & Visualization:** Power BI, Tableau, Alteryx

## FinOps Responsibilities
– Lead budgeting, forecasting, annual operating planning, and long-range planning for the IT portfolio.
– Produce monthly reporting, variance analysis, executive dashboards, and financial risk assessments.
– Evaluate business cases, total cost of ownership, ROI, and funding alternatives for technology investments.
– Manage portfolio financial performance across capital and operating expense planning, resource forecasting, benefits realization, and governance.
– Track spending trends, cost drivers, financial risks, and optimization opportunities to improve efficiency and cost transparency.
– Oversee vendor and contract financial activities, including commitments, invoices, accruals, consumption analysis, and forecast accuracy.
– Improve financial management processes through standardization, automation, analytics, and best practices.
– Support compliance with financial policies, audit requirements, investment governance standards, and financial controls.

## Benefits
– Hybrid-eligible work arrangement.
– No travel required.
– Relocation assistance is not authorized.
– Pay and benefits are regularly benchmarked against comparable companies.

## Why You Might Be Interested
This role offers broad exposure to IT budgeting, forecasting, investment evaluation, and financial governance across a technology portfolio. It is well suited to someone who wants to turn complex financial data into executive-level recommendations and improve planning processes through automation and analytics. The position also offers a hybrid work arrangement and does not require travel.