IT Finance and Planning Lead

IND KCI Medical India Private limited

Bengaluru

Hybrid

INR 4,000,000 - 7,000,000

Full time

2 days ago
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Job summary

Solventum in Bangalore is seeking an IT Finance and Planning Lead to drive the IT annual operating plan, budgeting, forecasting, and long‑range planning. You will act as the finance partner for IT leadership, guiding investment decisions, ROI analysis, and cost optimization across multiple teams.

You will mentor project managers on financial planning, reporting, and compliance while shaping enterprise-wide governance and automation initiatives to improve performance and value realization.

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, Business Administration, Information Systems, or related discipline and 8+ years in financial planning/analysis, budgeting, forecasting, or portfolio financial management.
  • Expertise in IT or technology finance including annual planning, forecasting, financial modeling, scenario analysis, variance analysis, and capital vs. operating expense management.
  • Experience advising senior leaders on investment and funding decisions with a track record of influencing prioritization and spend.
  • Advanced proficiency in Excel and ERP/FP&A tools (SAP, Oracle, Workday or equivalent) and turning data into executive insight.

Responsibilities

  • Lead IT annual operating plan, budget, forecast, and long-range planning with cross-functional collaboration.
  • Advise IT leadership on investment trade-offs, business cases, ROI, and cost optimization.
  • Analyze spending trends, cost drivers, variances, and forecast risks to optimize resource allocation.
  • Coordinate cross-functional financial initiatives with Finance, Procurement, and program leads to deliver on budgets.
  • Provide executive-ready financial insights, scenario analyses, and performance reviews for prioritization and resource allocation.

Skills

Financial planning
Forecasting
Budgeting
ROI analysis
Stakeholder management

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration, Information Systems, or related discipline

Tools

Excel
SAP
Oracle
Workday

Job description

At Solventum, we improve lives by helping healthcare professionals do their best work. Join a team using innovation and insight to make a real impact on the future of healthcare. All roles listed are with Solventum, and we’re committed to protecting your personal information—learn more in our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/

Job Description: IT Finance and Planning Lead (Solventum)

3M Health Care is now Solventum At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue. We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role
  • Leading the IT annual operating plan, budget, forecast, and long-range planning cycles by coordinating inputs across IT functions, challenging assumptions, and providing significant input to departmental budget decisions so plans align with strategic roadmaps and investment priorities.
  • Serving as the subject matter expert for IT financial management, the person IT leadership consults on investment trade‑offs, business cases, total cost of ownership, ROI, funding alternatives, and capital vs. operating expense treatment for technology initiatives and transformation programs.
  • Solving complex, multi‑faceted financial problems across the IT portfolio by analyzing spending trends, cost drivers, variances, and forecast risks, evaluating options, and recommending corrective actions and optimization opportunities that affect how financial resources are allocated across multiple IT teams.
  • Leading cross‑functional financial initiatives without direct people‑management responsibility. This covers benefits realization, vendor and contract financials, accruals, consumption analysis, and portfolio financial governance, working with Finance, Procurement, and program leaders to deliver on time and within approved budgets.
  • Advising IT leaders with executive‑ready financial insight, including scenario analyses, monthly performance reviews, and decision‑support materials for prioritization and resource allocation. This includes raising difficult issues with management and stakeholders and getting decisions made.
  • Advancing IT financial management capability by leading improvements to planning processes, controls, reporting, and automation, and by coaching program and project managers across multiple teams on financial planning, forecasting discipline, and compliance with corporate financial policy and audit requirements.
Your skills & expertise (Minimum qualifications)
  • Bachelor's degree in Finance, Accounting, Economics, Business Administration, Information Systems, or a related discipline AND 8+ years of experience in financial planning and analysis, budgeting, forecasting, portfolio financial management, or related finance roles supporting complex technology or business organizations.
  • Recognized expertise in IT or technology finance, including annual planning, forecasting, financial modeling, scenario analysis, variance analysis, investment evaluation, and capital vs. operating expense management.
  • Demonstrated results leading complex financial planning cycles or cross‑functional financial initiatives, including multiple or integrated plans across IT portfolios, transformation programs, or enterprise investments.
  • Experience advising senior leaders on investment and funding decisions, with a track record of recommendations that changed prioritization, spend, or resource allocation.
  • Advanced proficiency in Excel, ERP platforms (SAP, Oracle, Workday, or equivalent), and financial planning and reporting tools, with the ability to turn complex financial data into executive‑ready insight.
  • Strong influence, negotiation, and communication skills, including handling differing interests across Finance, IT, Procurement, and business leadership and driving action without direct authority.
Additional qualifications that could help you succeed even further in this role include
  • MBA, CPA, CMA, CFA, or similar professional qualification.
  • Experience with Power BI, Tableau, Alteryx, Anaplan, Adaptive Planning, or similar analytics and planning tools.
  • Knowledge of IT portfolio management, project accounting, resource planning, and benefits realization frameworks.
  • Experience supporting large‑scale ERP, cloud, infrastructure, cybersecurity, or digital transformation programs from a financial perspective.
  • Understanding of software licensing economics, vendor financial governance, and contract financial management.
  • Experience coaching or mentoring finance or program colleagues across multiple teams in a global, matrixed organization.
Work location

Bangalore - Hybrid

A new healthcare company with a rich history. With more than 70 years of delivering healthcare innovations, we continue to move the industry forward by helping to solve our customers’ biggest challenges.

20,000+ employees worldwide.

Solventum relies on the courage and the boundless insights of professionals worldwide to achieve exceptional results for our customers and those who rely on them.

Healthcare that leads with heart and humility starts with listening and never finishes, only evolves. As long as healthcare challenges remain unsolved, we will be here, united by empathy and a relentless belief that countless lives are improved through our work.

Operations in 38 countries. Driven by our dedication to improved outcomes for all we serve, we break through by making unprecedented connections that impact lives.

In more than 300 offices and facilities around the world, we work closely with customers and partners to create positive healthcare outcomes that transcend borders.

To realize our shared vision, we harness diverse talents and perspectives from every background to not only address our customers' most urgent priorities but anticipate the needs of the future

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