IT Finance and Planning Lead

SOLVENTUM; Bengaluru; Hybrid; INR 400,000 - 700,000; Full time

Job summary

Solventum is seeking an IT Finance and Planning Lead to partner with IT and business leaders, driving financial transparency, investment decisions, and operational effectiveness across the technology portfolio. You will lead planning cycles, financial governance, and executive-ready analysis.

The role requires deep IT finance expertise, experience advising senior leaders, and proficiency with ERP systems such as SAP, Oracle, or Workday, along with advanced Excel and planning tools.

Qualifications

• Bachelor’s degree plus 8+ years of experience in financial planning and analysis, budgeting, forecasting, portfolio financial management, or related finance roles supporting technology or business organizations.
• Experience in IT or technology finance including annual planning, forecasting, financial modeling, scenario analysis, variance analysis, investment evaluation, and cost management.

Responsibilities

• Lead IT annual operating plan, budget, forecast, and long-range planning cycles across IT functions.
• Serve as SME for IT financial management including ROI, total cost of ownership, and capital vs. operating expense.
• Analyze spending trends, cost drivers, variances, and forecast risks to optimize resource allocation across IT teams.
• Lead cross-functional financial initiatives with Finance, Procurement, and program leaders to deliver on budgets.
• Provide executive-ready financial insight with scenario analyses and monthly performance reviews.

Skills

IT finance

Budgeting

Forecasting

Financial modeling

Stakeholder communication

Cross-functional collaboration

Excel proficiency

Negotiation

Education

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

MBA, CPA, CMA, CFA or similar

Tools

SAP

Oracle

Workday

Power BI

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

As an IT Finance and Planning Lead , you will have the opportunity to partner with IT and business leaders to drive financial transparency, investment decisions, and operational effectiveness across the technology portfolio. Here, you will make an impact by:

• 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)

To set you up for success in this role from day one, Solventum requires (at a minimum) the following 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.

In addition to the above requirements, the following are also required:

• 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