IT Finance and Planning Lead

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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.

AND

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

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.

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Who we are

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.

Our workforce

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.

Our impact

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