IT Finance & Planning Manager

Solventum; Bengaluru; Hybrid; INR 4,000,000 - 7,000,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

Solventum is seeking an IT Finance and Planning Manager in Bangalore (Hybrid) to partner with IT and business leaders, shape technology investment strategy, and drive financial transparency across the technology portfolio.

You will own the annual operating plan, budgets, forecasting cycles, and long-range plans, while advising senior IT leadership on trade-offs and ROI. Strong analytics and ERP platform experience required.

Qualifications

• 12+ years of experience in financial planning and analysis, budgeting, forecasting, or related leadership roles.
• Experience owning annual operating plans, budgets, and forecasts for large functions or portfolios.
• Proven ability to influence senior leadership on investment prioritization and cost optimization.
• Strong financial modelling, scenario analysis, and governance experience.

Responsibilities

• Set financial operating direction for IT, including OPEX/CAPEX planning and governance.
• Act as trusted advisor to IT leadership on trade-offs, ROI, and affordability.
• Oversee IT financial performance, variance drivers, and forecast accuracy.
• Partner with portfolio/program leads on budgeting, resources, and benefits realization.
• Develop executive-ready financial insights and scenario analyses.

Skills

Financial planning

Budgeting

Forecasting

Portfolio management

Finance leadership

Executive advisory

Education

Bachelor's degree or higher

MBA

Tools

Excel

SAP

Oracle

Workday

Power BI

Job description

Job Summary

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

Responsibilities

• Setting the financial operating direction for the IT organization by leading the annual operating plan, budget establishment, forecasting cycles, and long-range financial plans, and by establishing the guidelines, standards, and planning calendar that govern how IT financial decisions are made.
• Serving as the financial advisor to IT leadership, providing expert counsel on investment trade-offs, funding alternatives, business cases, total cost of ownership, ROI, and affordability, and influencing decisions on where technology spend is prioritized, reduced, or redirected.
• Holding accountability for IT financial performance across the portfolio, including monthly results, variance drivers, forecast accuracy, financial risk exposure, capital versus operating expense treatment, and corrective actions required to deliver against committed financial targets.
• Partner with portfolio, program, and project leaders to manage financial performance across the IT investment portfolio, including capital and operating expense planning, resource forecasting, benefits realization, and financial governance.
• Leading enterprise-level financial analysis and scenario planning that shapes portfolio prioritization, resource allocation, cost optimization, benefits realization, and multi-year investment strategy, translating complex financial and operational data into decision-ready recommendations for senior leadership.
• Improving IT financial governance, controls, policies, and reporting standards, ensuring compliance with corporate financial policy and audit requirements while partnering with Finance, Procurement, Sourcing, and business leadership to resolve complex, cross-functional financial issues.
• Oversee vendor and contract-related financial activities, including budget tracking, purchase commitments, invoice validation, accruals, consumption analysis, forecast accuracy, and financial reporting for strategic suppliers.
• Develop executive-ready presentations, financial insights, and scenario analyses that support prioritization decisions, resource allocation discussions, and strategic planning activities across the IT organization.
• Building and continuously advancing the IT financial management capability through process standardization, automation, improved analytics and reporting, adoption of best practices, and coaching and guidance to project, program, and portfolio teams on financial planning and stewardship.

Qualifications & Skills

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:

• Bachelors Degree or higher AND 12+ years of experience in financial planning and analysis, budgeting, forecasting, portfolio financial management, technology finance, or related finance leadership roles supporting complex global organizations.

AND

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

• Demonstrated experience owning the annual operating plan, budget, and forecast cycle for a large function, portfolio, or business unit, including establishing planning guidelines, targets, and financial governance standards.
• Experience serving as a trusted financial advisor to senior leadership, with a track record of influencing investment prioritization, funding decisions, cost optimization initiatives, and multi-year planning outcomes.
• Deep expertise in financial modelling, scenario analysis, business case development, capital versus operating expense management, project and portfolio accounting, benefits realization, and financial controls.
• Experience establishing or maturing financial processes, policies, controls, reporting frameworks, and automation across a complex, matrixed organization.
• Advanced proficiency in Excel, ERP platforms (SAP, Oracle, Workday, or equivalent), financial planning tools, and analytics/reporting platforms, with the ability to translate complex financial data into executive-ready insight.

Additional qualifications that could help you succeed even further in this role include:

• MBA, CPA, CMA, CFA, or equivalent professional qualification.
• Experience supporting large-scale ERP, cloud, infrastructure, cybersecurity, MA, or digital transformation programs from a financial planning and governance perspective.
• Experience with Power BI, Tableau, Alteryx, Anaplan, Adaptive Planning, or similar analytics and planning platforms.
• Knowledge of vendor financial governance, software licensing economics, contract financial management, and technology investment lifecycle management.
• Experience leading financial planning processes across a global, matrixed organization with multiple stakeholder groups and regional requirements.
• Skills include executive presence, expert-level negotiation and counsel, strategic thinking, structured problem-solving, stakeholder influence, and coaching others.

Work location

Bangalore - Hybrid

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.