GlobalFoundriesposted about 1 month ago
$119,300 - $225,900/Yr
Full-time • Senior
Austin, TX

About the position

The IT Finance Senior Manager will oversee and manage the financial operations of the Information Technology department, ensuring alignment with the company’s financial strategies and goals. The role is responsible for budget planning, financial analysis, forecasting, and ensuring IT expenditures remain efficient and cost-effective. This role will collaborate closely with IT leadership and will lead a team that will drive financial improvements, KPI performance, and operational efficiencies. As a senior leader, this role partners with the Chief Information Officer and plays a critical role in the ongoing ERP transformation, managing an annual spend of over $400M across the globe. This position reports directly to the VP of Operations Finance.

Responsibilities

  • Develop and manage the IT department’s budget, ensuring alignment with corporate financial strategies, including portfolio allocation based on ROI and IRR, and leveraging Zero-Based Budgeting.
  • Performance financial analysis, forecasting, and reporting for IT department expenditures and projects.
  • Collaborate with IT leadership to evaluate financial performance, identify cost-savings opportunities, and drive efficiencies.
  • Ensure compliance with financial policies, procedures, and regulations.
  • Provide financial insights and recommendations to support strategic decision-making within IT department.
  • Monitor and control IT project costs, including hardware, software, and personnel expenditures.
  • Prepare financial reports and presentations for senior management.
  • Conduct risk assessments and develop mitigation strategies for financial operations.
  • Coordinate with external auditors during financial audits related to IT expenditures.

Requirements

  • Bachelor’s degree in Finance, Accounting or Supply Chain with >7 years related experience, or an MBA with 4 years of related experience.
  • Proven expert in creating results through both partnership and control.
  • Expert in creating value through the application of zero-based budgeting.
  • PowerPoint and Excel skills.
  • ERP, Anaplan, PowerBI and Oracle FCCS is a plus.
  • Significant experience in executive communication (verbal and written).
  • Demonstrated excellence in managing people and building high performing teams.
  • Demonstrated ability to develop and drive standardized processes and continuous improvement.
  • Demonstrated excellence in accounting and financial analysis.
  • Ability to manage large, complex projects to conclusion with limited direction.
  • Detail-oriented and organized, with the ability to manage multiple tasks and meet deadlines.
  • Strong familiarity with GAAP or IFRS accounting practices.
  • Strong understanding of financial principles, budgeting, forecasting, and financial reporting.
  • Systems experience in SAP or Hyperion.
  • Related analyst experience in Information Technology, Supply Chain or Semiconductor Manufacturing.

Benefits

  • Equal opportunity in the workplace.
  • Cultural diversity within the company enhances business potential.
  • Vibrant work environment where collaboration and innovation thrive.
  • Culture of respect and inclusivity.

Job Keywords

Hard Skills
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  • Financial Strategy
  • Operational Efficiency
  • Project Collaboration
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Soft Skills
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