VP, IT Finance

Position Overview

Position Summary

The Vice President (VP) of IT Finance will lead financial planning, forecasting, and governance across the IT organization. This position will oversee a team responsible for budgeting, forecasting, long-term financial planning, purchasing, asset management, and accounts payable, in support of IT’s strategic priorities and in alignment with the Company’s financial processes and controls.

Responsibilities

• Collaborate with Finance leadership and partner closely across IT leadership, providing oversight for the financial management of a diverse portfolio of IT projects.
• Analyze financial performance at the project, program, department and function level to identify trends, risks, and opportunities.
• Oversee monthly, quarterly, and annual financial reporting, including variance analysis and performance metrics.
• Manage the annual budgeting process and coordinate across IT and Finance leadership to ensure accuracy and alignment.
• Manage long-term planning process and coordinate with IT and Finance leadership to ensure accuracy and alignment.
• Oversee IT program and project financials (budgeting, forecasting, and financial reporting), ensuring alignment to IT long term plan, annual budget, and financial strategies.
• Implement best practices in financial planning, reporting, and analysis to improve efficiency and effectiveness.
• Identify and deliver against opportunities for continuous improvement across IT Financial processes and tools.

Leadership

• Lead the IT Finance team in developing and maintaining financial models, forecasts, reports and budgets.
• Develop processes, tools and resources to drive continuous improvement across IT Finance processes.
• Mentor and develop IT Finance team members, fostering a culture of continuous improvement and professional growth.

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred.
• Experience: 10+ years of progressive experience in financial planning and analysis roles, with at least 5 years in a leadership role. IT Finance or IT Project Management experience required. Retail experience preferred.

Skills and Abilities

• Expertise in financial modeling, forecasting, and budgeting processes.
• Proven track record of strategic thinking and practical financial acumen.
• Highly accountable and results-driven with a focus on operational excellence and a high level of attention to detail.
• Excellent analytical skills with the ability to interpret complex financial data and communicate findings to executive stakeholders.
• Flexible and adaptable to the fast-paced, highly responsive, customer-centric nature of retail.
• Experience with financial software and ERP systems.
• Strong leadership and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organization.