IT Finance Manager
About the role
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.
Responsibilities
- Financial Planning & Analysis
- 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.
- Capital Projects Management
- 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.
- Contract & Vendor Financial Management
- 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.
- Process Improvement & Automation
- 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.
- Cross-Functional Collaboration
- 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.
Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or related 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; experience with Apptio, Oracle ERP, and SmartView is a plus.
- 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.
- Experience in a technology-driven environment is preferred.
Pay
If hired in New York City, the salary range is $120,000 - $135,000. For candidates outside of New York City, the salary range will be aligned to the specific location. The final starting salary will be based on skills, experience, training, certifications, and education.
Benefits
- Medical, dental, vision, disability, and life insurance
- 401(k) retirement plan
- Paid holidays and paid time off
- Employee assistance programs
Schedule
This position is based in New York, NY with a minimum of three (3) days per week in the office.
About Us
Hearst is a leading global, diversified information, services, and media company dedicated to innovating, informing audiences, and leading with purpose, integrity, and a culture of care. Our portfolio includes more than 360 businesses worldwide, including 35 television stations, 28 daily newspapers, over 200 magazine editions, and ownership stakes in leading cable networks such as A&E, HISTORY, Lifetime, and ESPN. On the business-to-business side, our companies include Fitch Group, Hearst Health, and Hearst Transportation.
About The Team
Our Corporate Teams deliver essential programs and services that support the entire Hearst enterprise. Spanning communications, employee benefits, finance, learning and development, legal, technology, and more, these teams lead initiatives that advance Hearst’s mission to inform and inspire.