Manager, IT Finance

10 - 15 years

3 - 12 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Advanced Financial Modeling

    : Develop and maintain sophisticated financial models to support budgeting, forecasting, and strategic planning for the IT Domain s cost centers & transformation projects. Utilize scenario analysis, what-if scenarios, and break-even analysis to evaluate financial risks and opportunities, ensuring alignment with the project s strategic goals.
  • Analytical Expertise

    : Conduct in-depth financial and operational analysis to identify trends, risks, and opportunities that drive the Domain s transformation and financial performance. Leverage tools such as Excel, Power BI, Power Query, etc. to deliver actionable insights for IT leadership and business stakeholders.
  • Business Partnering

    : Collaborate closely with IT Domain leadership and cross-functional business units to align financial strategies with transformation objectives. Act as a trusted advisor, translating complex financial data into clear, actionable recommendations to support decision-making and project success.
  • Investment Strategy Development

    : Lead the creation and analysis of business cases for technology-related investments tied to the transformation project. Evaluate investment opportunities, perform benchmarking, and develop strategies to maximize ROI while mitigating risks, ensuring alignment with the Domain s and enterprise s long-term objectives.
  • Budgeting and Forecasting Leadership

    : Oversee the development and execution of the IT Domain s annual budget and quarterly forecast processes, ensuring alignment with the transformation project s strategic imperatives. Manage financial planning with precision, adhering to documented timelines and driving transparency into financial results.
  • Financial Reporting and Insights

    : Convert monthly and quarterly financial data into concise, high-impact reports and dashboards for IT Senior Management. Provide actionable summaries, variance analyses, and strategic recommendations to support the transformation project and overall Domain performance.
  • Transformation Project Support

    : Provide financial leadership for the IT Domain s major transformation project, offering guidance on cost management, resource allocation, and financial performance. Identify and recommend process improvements to enhance the efficiency and impact of financial operations.
  • Stakeholder Engagement

    : Respond to financial inquiries from IT and business leaders by gathering, analyzing, and summarizing data, delivering insights that influence strategic decisions and support the transformation project s success.
  • Team Leadership

    : Manage a team of IT finance professionals, fostering a collaborative and high-performing environment. Mentor staff to ensure robust execution of financial processes and alignment with the Cencora policies and financial controls.

Experience and Educational Requirements:

Requires broad training in fields such as business administration, accounting, computer sciences or similar vocations generally obtained through completion of a four-year bachelor s degree program, preferably in Business, Finance, Economics, or Accounting, or Computer Science with additional concentration of study in Finance/Accounting; normally requires a minimum of ten (10) years related and progressively responsible experience in IT, accounting and/or finance. Experience in both financial and technical disciplines is required. Relevant advanced degrees, such as an MBA coupled with a technical undergraduate degree is strongly preferred.

Minimum Skills, Knowledge and Ability Requirements:

  • Outstanding knowledge of IT products and services; knowledge of Technology Business Management practices. Working knowledge of both IT technical disciplines, plus financial and accounting practices is required.
  • Ability to deal with confrontational situations in a positive manner.
  • Proficiency in financial tools (e.g., Excel, Power BI, Power Query, Vena) and data analysis platforms, with the ability to leverage technology for strategic insights.
  • Exceptional business partnering skills, with experience collaborating with IT and business leaders to drive financial and operational outcomes in a complex, fast-paced setting.
  • Strategic mindset with expertise in developing investment strategies and business cases that support transformative initiatives.
  • Proven leadership in managing teams and implementing financial processes, with a focus on driving efficiency and transparency.
  • Strong analytical and problem-solving skills, with the ability to manage multiple priorities and deliver results under tight deadlines.
  • Demonstrated ability to work collaboratively across the organization. Strong leadership skills; ability to lead a team.
  • Strong interpersonal skills; ability to develop and maintain business relationships.
  • Outstanding problem-solving skills and ability to apply the appropriate tools and level of analysis to specific situations.
  • Ability to implement processes resulting in satisfactory audit practices.
  • .

    Transformation Project Support

    : Provide financial leadership for the IT Domain s major transformation project, offering guidance on cost management, resource allocation, and financial performance. Identify and recommend process improvements to enhance the efficiency and impact of financial operations.
  • Stakeholder Engagement

    : Respond to financial inquiries from IT and business leaders by gathering, analyzing, and summarizing data, delivering insights that influence strategic decisions and support the transformation project s success.
  • Team Leadership

    : Manage a team of IT finance professionals, fostering a collaborative and high-performing environment. Mentor staff to ensure robust execution of financial processes and alignment with the Cencora policies and financial controls.

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