IT Finance Manager

Hearst•New York, NY

1d•Hybrid

About The Position

The IT Finance Manager plays a key strategic and operational role in supporting Hearst Technology’s financial planning, analysis, and vendor management functions. This role combines financial governance, capital project oversight, and procurement process management to ensure alignment between IT, Finance, and vendor partners. Working closely with technology leaders and the Vendor Management team, this individual will drive financial transparency, efficiency, and accountability across the technology organization.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related a field.
3-5 years of experience in financial analysis, budgeting, and vendor/contract management.
Strong understanding of accounting principles, capital project planning, and financial reporting.
Proven ability to manage complex projects with multiple stakeholders and competing deadlines.
Advanced Excel skills.
Exceptional interpersonal and communication skills with the ability to translate financial data into actionable insights.
A process-improvement mindset and strong interest in automation and digital transformation.

Nice To Haves

Experience with Apptio, Oracle ERP, and SmartView is a plus.
Experience in a technology-driven environment is preferred.

Responsibilities

Deliver monthly P&L, G&A, and financial reports to IT senior leadership.
Prepare and present monthly forecasts and variance analyses for operating and capital expenditures.
Monitor and manage IT budgets, including reconciling financial discrepancies and recommending corrective actions.
Perform ROI and cost-benefit analyses for technology projects and initiatives.
Support capital planning through research, financial modeling, business case validation, and fund release coordination.
Oversee end-to-end financial lifecycle of capital projects, from budget submission through completion.
Work with project leads to place orders, track spend and ensure invoicing accuracy.
Monitor project timelines, expenses, and financial compliance to ensure projects remain on track and within budget.
Partner with the Vendor Management team to process contract renewals, maintenance orders, and vendor payments.
Ensure accuracy and timely issuance of purchase orders (POs); monitor PO transmission and vendor communications.
Identify and implement automation opportunities for streamlining procurement, invoicing, and financial reporting processes.
Optimize workflows to enhance accuracy, reduce turnaround times, and improve stakeholder satisfaction.
Build and maintain strong working relationships with IT, Finance, and Procurement teams.
Translate financial concepts to IT stakeholders and help bridge operational and financial goals.
Support ad hoc reporting and provide financial insights to aid decision-making.