IT Finance & Planning Manager

IND KCI Medical India Private limited; Bengaluru; Hybrid; INR 2,500,000 - 4,500,000; Full time

Job summary

Solventum is seeking an IT Finance and Planning Manager in Bangalore with a hybrid work model. The role partners IT and business leaders to shape technology investment strategy, manage annual plans, and strengthen financial governance across the IT portfolio.

The candidate will have 12+ years in FP&A, budgeting, forecasting, and ERP/analytics experience, with advanced Excel skills and knowledge of SAP/Oracle/Workday. MBA/CFA considered a plus for senior impact.

Qualifications

• Bachelor's degree or higher with 12+ years in financial planning and analysis or related finance leadership roles.
• Experience owning annual operating plans, budgets, and forecasts for large functions or portfolios.
• Trusted financial advisor to senior leadership with investment prioritization and multi-year planning experience.
• Advanced proficiency in Excel and ERP systems, plus analytics and reporting tools.

Responsibilities

• Set the financial operating direction for IT, leading Opex/Capex planning and governance.
• Advise IT leadership on investments, business cases, ROI, and affordability.
• Own IT financial performance, forecasts, variance analysis, and risk management.
• Partner with portfolio leaders to manage financial performance across the IT portfolio.
• Develop executive presentations and financial insights to support planning decisions.

Skills

Excel proficiency

Financial planning & analysis

ERP systems

Power BI/Tableau

Education

Bachelor's Degree or higher

Tools

SAP

Oracle

Workday

ERP platforms

Job description

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: 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 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:

• 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.

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 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, M&A, 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

Supporting Your Well-being

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers. Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains. Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly. Solventum Global Terms of Use and Privacy Statement Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms. Please access the linked document by clicking here. Before submitting your application you will be asked to confirm your agreement with the terms. 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