DIRECTOR IT FINANCE (TARRYTOWN, NY, US)

Full-time

Tarrytown, NY

Religious, Grantmaking, Civic, Professional, and Similar Organizations

About the position

The IT Finance Leader is responsible for overseeing the financial operations and financial planning for the Montefiore Einstein Technology (IT) department. This position serves as a liaison between the IT and Finance departments, facilitating effective budgeting, forecasting, cost management, and financial reporting. The IT Finance Leader plays a key role in aligning IT projects and investments with overall business objectives and financial goals.

Responsibilities

• Develop and manage the IT department budget annually with IT leadership and stakeholders.
• Lead annual and quarterly budgeting, collaborating with stakeholders for realistic forecasts.
• Provide financial analysis for IT investments, ensuring alignment with business strategy.
• Monitor IT expenses, staying within budget and finding cost-saving opportunities.
• Develop cost-effective strategies for IT projects and investments.
• Review vendor contracts and collaborate with Procurement for favorable terms on software, hardware, and services.
• Prepare financial reports for the IT department, focusing on variances and trends.
• Report on key departmental metrics, including Opex and Capex budget comparisons.
• Present financial insights to senior management to aid in resource allocation and prioritization.
• Align IT financial planning with corporate planning processes and systems.
• Work with project managers to monitor IT project budgets.
• Offer financial oversight for CapEx and OpEx in IT projects.
• Set up financial controls and reporting for major IT investments.
• Ensure adherence to financial policies, accounting standards, and regulatory requirements in all IT financial processes.
• Support audits and address internal and external inquiries related to IT finance and budgeting.
• Collaborate with IT, procurement, legal, and senior leadership to align on financial goals.
• Liaise between finance, IT operations, and procurement for effective financial decisions in IT projects and investments.
• Identify and execute process enhancements aimed at improving financial efficiency, accuracy, and reporting within the IT department.
• Maintain current knowledge of industry best practices and emerging trends in both IT and finance to foster innovation in financial operations.

Requirements

• Bachelor's degree in Finance, Accounting, Information Technology, or a related field (MBA or CPA preferred). Equivalent experience will be considered in place of a degree.
• Minimum of 5 years of experience in financial management, with at least 2 years focused on IT finance or technology-related financial analysis in a complex enterprise organization.
• Strong understanding of IT financial operations, budgeting, and cost management.
• Experience with financial reporting tools, ERP systems, and budgeting software.
• Experience collaborating with IT and Finance leadership.
• Health care experience preferred.

Nice-to-haves

• Strong analytical and financial modeling skills.
• Excellent communication and interpersonal skills, with the ability to work collaboratively across departments.
• Knowledge of IT-related financial management, including software, hardware, cloud services, and IT infrastructure.
• Strong understanding of IT infrastructure, software development lifecycles, and technology stack economics.
• Experience in financial planning, forecasting, and analysis in a fast-paced, dynamic environment.
• Ability to analyze complex financial data and provide actionable insights to non-financial stakeholders.
• Proficiency in Microsoft Excel and other financial tools.
• Comfortable identifying and implementing new processes, technologies, and strategies to drive continuous improvement in financial operations.