IT FP&A Manager

KBR, Inc.•Houston, TX

3d•Hybrid

About The Position

KBR is seeking a commercially minded, analytically strong IT FP&A Manager to lead budgeting, forecasting, performance analysis and decision support for STS IT costs. The role partners closely with IT leadership, Corporate FP&A, Accounting and business finance teams, providing insight into IT expenditure, investment, cost drivers, allocations and recoveries to support informed decisions and risk management. The IT FP&A Manager develops transparent forecasts for IT operating costs, capital investment, cash flow and business allocations. The position has no formal direct reports, but coordinates support from the Corporate FP&A Analyst and the wider Chennai FP&A function. It is a Houston-based hybrid role, with attendance at KBR headquarters as required.

Requirements

Bachelor's degree in Accounting, Finance, Business, Economics or a related discipline.
At least six years of progressive FP&A, commercial finance, IT finance or related financial experience.
Demonstrable experience in budgeting, forecasting, management reporting and variance analysis.
Strong understanding of operating expenditure, capital expenditure, depreciation and cash-flow forecasting.
Strong financial modelling and systems capability.
Advanced Microsoft Excel and Power BI skills.
Ability to understand contracts, workforce costs, technology projects and service-cost drivers.
Ability to partner with senior finance and non-finance stakeholders and constructively challenge assumptions.
Ability to translate complex financial information into concise executive-level insight and recommendations.
Working knowledge of US GAAP and accounting close processes.
Commercially minded, analytical and intellectually curious, with the ability to understand financial detail and operational IT cost drivers.
Comfort with challenging assumptions and working with incomplete or changing information.
Commitment to accuracy, transparency and data integrity.
Collaborative and service-oriented approach while maintaining appropriate financial discipline.
Ability to communicate complex allocation and cost information clearly to non-finance stakeholders.
Ability to coordinate and review work delivered through matrixed support resources.
Comfort operating in a fast-paced, global and matrixed organisation.
Proactive, well organised and able to manage competing priorities.
Demonstrates ownership, sound judgement and a continuous-improvement mindset.

Nice To Haves

Recognised accounting qualification such as CPA, ACA, ACCA, CIMA or equivalent.
MBA.
Experience managing or analysing technology costs, corporate functions or other complex shared-service expenditure.
Experience developing or managing cost-allocation and recovery models.
Experience coordinating work through matrixed or offshore support teams.
Experience with Oracle EPM, Oracle FCCS, Deltek Costpoint, SAP, Dynamics 365 or Apptio.
Government contracting and indirect-cost allocation experience where relevant to the STS business.

Responsibilities

Lead annual budgeting, periodic forecasting and long-range planning for IT.
Develop detailed forecasts by IT function, service, initiative, project and cost category.
Partner with IT leaders and budget owners to understand operational requirements, workforce plans, contracts, project expenditure and other cost drivers.
Analyse actual and forecast IT performance against budget, prior forecast and prior year.
Prepare executive-level commentary on variances, risks, opportunities and management actions.
Maintain visibility over IT operating expenditure, capital investment, depreciation, cash flow and total cost.
Develop and maintain forecasting models for IT cost allocations and recoveries.
Analyse allocation and recovery outcomes, including under-recovery, over-recovery, stranded costs and forecast risks.
Help regional and business finance teams understand IT charges, allocation drivers and the effects of changes in IT costs or consumption.
Partner with IT leadership and Corporate FP&A to assess investment proposals, business cases, sourcing decisions and cost-efficiency opportunities.
Perform scenario modelling and sensitivity analysis to support technology, operational and financial decisions.
Monitor IT initiatives and portfolios against approved budgets, forecasts and expected financial outcomes.
Produce regular IT financial dashboards and decision-support materials for the CIO, IT leadership, STS Ops CFO, Director of FP&A and Senior Manager, Corporate FP&A.
Coordinate collection, review and consolidation of financial inputs from IT budget owners and relevant finance teams.
Coordinate and review analytical support from the Corporate FP&A Analyst and Chennai FP&A function, setting deliverables, timelines and review expectations without formal line-management responsibility.
Work with Accounting to ensure IT costs, accruals, capital expenditure, prepayments, leases, allocations and recoveries are appropriately reflected in management reporting.
Provide Accounting with operational information for material accruals, accounting assessments and cost-allocation entries, maintaining accountability between FP&A and Accounting.
Reconcile management reporting and forecasts to the general ledger and investigate material differences with Accounting.
Improve forecast accuracy, data quality and transparency over IT financial performance.
Drive continuous improvement and automation across IT planning, reporting and cost-allocation processes.
Promote financial ownership, collaboration, service and continuous improvement across IT and Finance.