Dir IT Financial Management

Johnson & Johnson Innovative Medicine • New Brunswick, NJ

1d • $150,000 - $300,000

About The Position

DePuy Synthes is recruiting a Director, IT Financial Management, to define and lead financial strategy, governance, and operating practices across its technology portfolio. The role provides enterprise leadership for IT financial planning, budgeting, forecasting, investment governance, cost transparency, vendor financial management, and value realization. It serves as a strategic advisor to Finance and Procurement and provides financial input to senior leaders. The Director establishes standards, controls, insights, and decision forums for managing technology investments, operating expenses, capital expenditures, and strategic vendor commitments with transparency and financial discipline.

The Director leads financial management of the IT vendor portfolio, including spend planning, visibility into contract commitments, forecast accuracy, commercial performance, renewal economics, cost optimization, and executive reporting. The role drives accountability for financial outcomes across IT portfolios, products, platforms, services, programs, and strategic suppliers, and builds and leads an IT financial management organization.

The position is based in Raritan, New Jersey; West Chester, Pennsylvania; Palm Beach Gardens, Florida; Raynham, Massachusetts; or Warsaw, Indiana. Travel of approximately 10–15%, including international travel, may be required based on business needs.

Requirements

• Bachelor’s degree required, preferably in Finance, Accounting, Business Administration, Information Systems, or a related field.
• 15+ years of progressive experience in IT financial management, corporate finance, technology portfolio management, or a related discipline within a complex, global, or matrixed organization.
• Demonstrated leadership of enterprise or large-portfolio budgeting, forecasting, long-range planning, financial governance, and management reporting.
• Demonstrated experience managing the financial dimensions of a significant technology-vendor portfolio, including vendor budgets, forecasts, contractual commitments, renewals, consumption, commercial analysis, and cost optimization.
• Strong understanding of IT cost structures, capital and operating expense management, technology services, software licensing, professional services, managed services, cloud consumption, and technology investment economics.
• Experience partnering with Procurement/Sourcing, Finance, Legal, IT leaders, and business stakeholders on sourcing decisions, commercial evaluations, contract negotiations, and vendor-performance reviews.
• Demonstrated ability to advise and influence senior executives, challenge assumptions, communicate financial implications, and drive decisions across organizational boundaries.
• Experience establishing financial governance, decision rights, controls, performance measures, and accountability across portfolios, products, platforms, or services.
• Demonstrated people leadership, including leadership of managers and/or senior professionals, talent development, workforce planning, and succession management.
• Strong executive communication, analytical, negotiation, and stakeholder-management capabilities.

Nice To Haves

• Master’s degree, MBA, or equivalent advanced degree.
• Experience leading IT cost-transparency, chargeback/showback, technology business management, or IT financial management capabilities.
• Experience implementing or improving portfolio financial-management processes, data models, dashboards, and planning tools.
• Experience leading vendor consolidation, licensing optimization, managed-service financial governance, or enterprise cost-transformation initiatives.
• Background in healthcare, medical devices, life sciences, or another regulated global industry.
• Experience supporting a major business transformation, separation, integration, or technology operating-model change.
• Finance, accounting, sourcing, or IT financial management certifications such as CPA, CMA, ITFM, TBM, or equivalent credentials.
• Preferred skills listed: Business Architecture, Business Process Design, Business Savvy, Computer Programming, Emerging Technologies, Human-Computer Interaction (HCI), Leadership, Organizational Change Management, Platform as a Service (PaaS), Product Knowledge, Program Management, Software Development Management, Strategic Change, Tactical Planning, and Technical Credibility.

Responsibilities

• Define and lead the enterprise IT financial management strategy, operating model, governance framework, and multi-year capability roadmap across the technology organization.
• Own annual budgeting, rolling forecasting, long-range planning, capital and operating expense governance, variance management, and financial performance reporting across the IT portfolio.
• Advise the CIO and senior technology leadership on investment allocation, affordability, financial risk, portfolio trade-offs, and opportunities to improve business value from technology spending.
• Establish decision rights, financial controls, management-review forums, reporting standards, and accountability mechanisms for IT portfolio, product, platform, service, and program owners.
• Lead vendor financial management across strategic IT suppliers, including spend plans, actuals, forecasts, accruals, contract commitments, renewal assumptions, consumption trends, rate structures, and financial-performance reporting.
• Partner with Procurement/Sourcing, Finance, Legal, IT service owners, and vendor-management teams to evaluate commercial proposals, contract economics, renewals, sourcing strategies, vendor consolidation opportunities, and service-demand assumptions.
• Establish vendor financial scorecards and executive reviews that provide visibility into spend, contractual commitments, forecast variances, commercial risks, savings, service economics, and value realization.
• Drive sustained cost optimization through vendor spend analysis, contract and licensing optimization, demand management, service-cost transparency, benchmarking, portfolio rationalization, and financial benefits tracking.
• Lead financial evaluation of technology investments, business cases, transformation programs, and strategic initiatives, including total cost of ownership, scenario analysis, benefits, risks, and post-investment value realization.
• Develop and govern allocation, chargeback, and showback methodologies that connect technology costs to products, platforms, services, applications, and business consumption.
• Track TSA costs, monitor synergy targets, and report on separation-related financial performance.
• Define executive dashboards, performance measures, and forward-looking financial insights; identify material risks and trends and drive timely corrective action with accountable technology leaders.
• Build and lead a high-performing IT financial management organization, including managers and/or senior individual contributors, with responsibility for organizational capability, workforce planning, succession, coaching, and development.
• Champion consistent financial practices, data standards, automation, and continuous improvement across the global technology organization.

Benefits

• Participation in the Company’s consolidated retirement plan (pension) and savings plan (401(k)), subject to plan terms.
• Eligibility to participate in the Company’s long-term incentive program.
• Vacation: 120 hours per calendar year, subject to applicable policies and date of hire.
• Sick time: 40 hours per calendar year, with stated variations for employees residing in Colorado or Washington.
• Holiday pay, including Floating Holidays: 13 days per calendar year.
• Work, Personal and Family Time: up to 40 hours per calendar year.
• Parental Leave: 480 hours within one year of the birth, adoption, or foster care of a child.
• Bereavement Leave: 240 hours for an immediate family member and 40 hours for an extended family member per calendar year.
• Caregiver Leave: 80 hours in a 52-week rolling period.

What This Job Offers

• Job Type: Full-time
• Career Level: Director