IT Business Management Finance Leader

Job Description:

IT Business Management Leader

Collaborate with Innovative 3

Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3

Mers.

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role
As an IT Leader of Business Management, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world.

Here, you will make an impact by:

• Developing and maintaining an IT Business Management framework and policies to ensure the effective alignment of IT Financials to IT delivery and business objectives.
• Manage a team of 2-3 ITBM Analyst to support organizations’ deliverables
• Work with IT leadership and the Finance organization to develop and maintain budgets, forecasts, and financial plans. This role requires a strong emphasis on building and maintaining financial plans and models.
• Work with IT leaders and Finance organization to perform and understand monthly financial variances and conduct analysis on main drivers.
• Manage, monitor and analyze IT Cost including, software, personnel, 3rd party labor, and other IT specific expenditures to align with business needs and adhere to budgetary constraints.
• Identify opportunities to optimize IT spending and drive cost-saving initiatives/programs without compromising service quality or business objectives.
• Work with the IT Cost Transparency team which organizes expenses into cost pools, working to a bill of IT and service costing model.
• Monitor and report on performance metrics and KPIs which are benchmarked, drive them with IT leadership to optimal levels.
• Manage the financial analysis and modeling to support business cases for IT investments, projects, and initiatives
• Work with the Portfolio management team to cost projects, on-going cost to IT services and return on investment (ROI). Measures realization of ROI within the company.
• Provide financial insights and recommendations to IT leadership and business stakeholders to support strategic decision-making.
• Stay informed about industry’s best practices and trends in IT financial management and leverage this knowledge to drive continuous improvement.
• Contribute to a culture of collaboration, innovation, and continuous improvement

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

• Bachelor’s degree or higher (completed and verified prior to start)
• Five (5) years Finance or IT Financial Management professional experience in a private, public, government or military environment.
• Proficiency in financial management tools such as Excel, SAP, or Oracle Financials.

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

• Technology / Information Systems Management preferred
• Management Accounting experience a plus
• IT Financial Planning & Analysis experience
• Excellent interpersonal and written communication skills
• Experience with managing Technology financial analysis, budgeting
• Proven ability to develop and exercise project plans with minimal supervision
• A quick learner, detail oriented, organized, strong problem-solving skills and collaboration across teams, functions and organizations

Work location:

• This role follows an on-site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN or Austin, Texas locations.

Travel:May include up to 10% domestic/international

Relocation:May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.