IT Finance Business Analyst
About The Position
As the IT Finance Business Analyst, you will have the opportunity to support the development of the IT Business Management framework, aligning IT Financials to IT delivery and business objectives. This role bridges technology and finance, helping stakeholders understand the financial implications of IT strategies, investments, and operations. The ideal candidate has a strong background in Financial Planning and Analysis (FP&A) with a working understanding of IT cost structure and project-based accounting. This position provides an opportunity to transition from other private, public, government or military environments to a 3M career.
Requirements
- Bachelor’s degree or higher (completed and verified prior to start).
- Three (3) years of experience in finance or accounting in a private, public, government or military environment
- Proficiency in financial management tools such as Excel, SAP, or Oracle Financials.
- Must be legally authorized to work in a country of employment without sponsorship for employment visa status (e.g., H1B status).
Nice To Haves
- Five (5) years of experience in finance or accounting, preferably in IT finance or within a technology environment
- Good understanding of financial management concepts (e.g CapEx vs Opex)
- Excellent analytical, problem-solving and communication skills
- Strong attention to detail and ability to manage multiple priorities in a fast-paced environment
- Proven ability to develop and exercise project plans with minimal supervision
Responsibilities
- Work with the IT Business Management Leader to develop and maintain budgets, forecasts and long -range financial plans
- Monitor and analyze IT operating and capital expenditures, including variance analysis for hardware, software, personnel, 3rd party labor and other specific expenditures to align with business needs and budgetary constraints
- Support cost allocation models across departments for IT services
- Prepare monthly, quarterly, and annual financial reports for IT Business Management leader, IT leadership, and Corporate Finance.
- Assist with vendor invoice processing, contract analysis, and ensuring compliance with procurement policies
- Support business case development for new IT initiatives or investments
- Provide financial modeling and scenario analysis to support IT strategy decisions
- corporate policies, procedures and security standards are complied with while performing assigned duties.
- All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.
Benefits
- 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.
- Medical, Dental & Vision
- Health Savings Accounts
- Health Care & Dependent Care Flexible Spending Accounts
- Disability Benefits
- Life Insurance
- Voluntary Benefits
- Paid Absences
- Retirement Benefits
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
