About the Role
This position supports the development of the IT Business Management framework, aligning IT Financials to IT delivery and business objectives. The role bridges technology and finance, helping stakeholders understand the financial implications of IT strategies, investments, and operations. The ideal candidate has a strong background in Financial Planning and Analysis (FP&A) with a working understanding of IT cost structure and project-based accounting.
Responsibilities
- Work with the IT Business Management Leader to develop and maintain budgets, forecasts and long-range financial plans.
- Monitor and analyze IT operating and capital expenditures, including variance analysis for hardware, software, personnel, 3rd party labor and other specific expenditures to align with business needs and budgetary constraints.
- Support cost allocation models across departments for IT services.
- Prepare monthly, quarterly, and annual financial reports for IT Business Management leader, IT leadership, and Corporate Finance.
- Assist with vendor invoice processing, contract analysis, and ensuring compliance with procurement policies.
- Support business case development for new IT initiatives or investments.
- Provide financial modeling and scenario analysis to support IT strategy decisions.
- Comply with corporate policies, procedures and security standards while performing assigned duties.
- Contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.
Requirements
- Bachelor’s degree or higher (completed and verified prior to start).
- Five (5) years of experience in finance or accounting in a private, public, government or military environment.
- Proficiency in financial management tools such as Excel, SAP, or Oracle Financials.
- Experience in finance or accounting, preferably in IT finance or within a technology environment.
- Good understanding of financial management concepts (e.g CapEx vs Opex).
- Excellent analytical, problem-solving and communication skills.
- Strong attention to detail and ability to manage multiple priorities in a fast-paced environment.
- Proven ability to develop and exercise project plans with minimal supervision.
- Must be legally authorized to work in a country of employment without sponsorship for employment visa status (e.g., H1B status).
- All US-based 3M full time employees will need to sign an employee agreement as a condition of employment with 3M.
- Employees that are Job Grade 7 or equivalent and above may also have obligations to not compete against 3M or solicit its employees or customers, both during their employment, and for a period after they leave 3M.
Skills
- Excel
- SAP
- Oracle Financials
- Financial Planning and Analysis (FP&A)
- IT cost structure
- Project-based accounting
- Analytical skills
- Problem-solving skills
- Communication skills
- Attention to detail
- Ability to manage multiple priorities
- Project planning
Location
- Maplewood, MN
- Austin, TX
Work Type
- On-site
- Full-time
Experience Level
- Five (5) years of experience in finance or accounting
Education Level
- Bachelor’s degree or higher
Salary/Compensations
- $109,202 - $133,469
Benefits
- Medical, Dental & Vision
- Health Savings Accounts
- Health Care & Dependent Care Flexible Spending Accounts
- Disability Benefits
- Life Insurance
- Voluntary Benefits
- Paid Absences
- Retirement Benefits
About the Company
- 3M is a place where you can collaborate with other curious, creative 3Mers.
- Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.
Equal Opportunity
- 3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.
