Manager Financial Planning & Analysis – Information Technology

FinOps Weekly; Chicago, Northern (IL, KY); Hybrid; USD 110,000 - 170,000; Full time

Job summary

Federal Home Loan Bank of Chicago is seeking an FP&A Manager for Information Technology to lead financial planning, forecasting, and performance management for the Bank's IT organization. This role provides financial guidance to IT leadership, translating technology strategies into budgets and performance targets to ensure transparency and data integrity.

You will drive forecasting, variance analysis, and cost management for software, cloud services, infrastructure, and IT labor, partnering

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Information Systems or related field.
• 5-10 years of FP&A experience in IT/technology.
• Strong financial modeling and Excel skills.

Responsibilities

• Lead annual budgeting and planning for IT with timelines and assumptions.
• Review technology spending and perform variance analysis.
• Advise IT leadership on cost management and investment timing.
• Standardize IT budgeting and forecasting methodologies.
• Develop forecasts with performance metrics and vendor patterns.
• Monitor IT spend across software, cloud, infrastructure, and labor.

Skills

Budgeting & Forecasting

Financial Modeling

Excel proficiency

Communication skills

IT cost concepts

BI tools knowledge

Education

Bachelor's degree in Finance/Accounting/Economics/IS

MBA/CPA/CFA preferred

Tools

BI tools

Job description

Federal Home Loan Bank of Chicago# Manager Financial Planning & Analysis - Information Technology## Job Description\"`markdown# FP&A Manager - Information Technology## About the RoleThe FP&A Manager for Information Technology at the Federal Home Loan Bank of Chicago plays a critical role in leading financial planning, forecasting, and performance management for the Bank's IT organization. This position serves as the main financial advisor to IT leadership, translating technology strategies and operational plans into financial targets that ensure transparency and data integrity.The individual in this role is responsible for informing IT investment decisions by analyzing budget versus actual spending and providing actionable insights. Collaboration is key, as this role partners closely with various departments to enhance accountability and standardize budgeting processes, ultimately improving financial discipline across the organization.## Key Responsibilities- Lead the annual budgeting and planning process, including timeline management and developing financial assumptions.- Conduct regular reviews of technology spending, providing variance analysis to inform investment decisions.- Partner with IT leadership to advise on cost management, project timing, and investment evaluations.- Standardize IT budgeting and forecasting methodologies to enhance financial transparency.- Develop and maintain forecasts by incorporating performance metrics and vendor billing patterns.- Monitor variances related to software, cloud services, infrastructure, and IT labor.## Required Skills- Bachelor's degree in Finance, Accounting, Economics, Information Systems, or related field (MBA, CPA, or CFA preferred).- 5-10 years of experience in financial planning and analysis, specifically within an IT or technology organization.- Proven experience in budgeting and forecasting processes.- Strong financial modeling and analytical skills, particularly in Excel.- Excellent communication skills to convey financial concepts to non-financial stakeholders.- In-depth understanding of IT financial concepts and economic drivers of technology spend.- Familiarity with BI tools for reporting and analysis.## Preferred Skills- Experience with AI capabilities to enhance financial decision support and scenario analysis.## Cloud Platforms & Technologies- None mentioned.## FinOps Responsibilities- Deliver budget versus actual analysis for IT investments.- Provide scenario and sensitivity analyses to support IT prioritization and funding trade-offs.- Collaborate on cost allocation and capacity planning for technology initiatives.## Benefits- Competitive compensation and bonus package.- Retirement plan including 401(k) and pension.- Generous PTO: Five weeks of vacation and 11 paid holidays annually.- Lifestyle Spending Account for wellbeing activities.- Supportive wellbeing program.- Central downtown location with access to public transport and rooftop views.## Useful Links- Benefits: https://FHLBCbenefits.com## Why You Might Be InterestedThis position at the Federal Home Loan Bank of Chicago represents an opportunity to significantly influence IT financial strategies within a well-regarded financial institution. Ideal candidates will thrive in a collaborative environment that values innovation and offers the chance to impact the organization's strategic priorities.\"`| Map data (C) contributorsLoading...No Records FoundSorry, no records were found. Please adjust your search criteria and try again.Maps failed to loadSorry, unable to load the Maps API.Change LocationFind awesome listings near you!