Dir IT Financial Management

Job description

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit. Job Function: Technology Product & Platform Management Job Sub Function: Multi-Family Technology Product & Platform Management Job Category: Professional All Job Posting Locations: New Brunswick, New Jersey, United States of America, Palm Beach Gardens, Florida, United States of America, Raritan, New Jersey, United States of America, Raynham, Massachusetts, United States of America, Warsaw, Indiana, United States of America, West Chester, Pennsylvania, United States of America Job Description: DePuy Synthes is recruiting for a(n) Director, IT Financial Management Location: Raritan, New Jersey, West Chester, Pennsylvania, Palm Beach Gardens, Florida, Raynham, Massachusetts, Warsaw, Indiana Job Overview The Director, IT Financial Management is accountable for defining and leading the IT financial management strategy, governance model, and operating practices across the DePuy Synthes technology portfolio. The Director will provide enterprise leadership for IT financial planning, budgeting, forecasting, investment governance, cost transparency, vendor financial management, and value realization. This role will serve as a strategic advisor to the Finance and Procurement organizations representing IT and providing inputs to leaders within these organizations. The Director will establish the standards, controls, insights, and decision forums required to manage technology investments, operating expenses, capital expenditures, and strategic vendor commitments with transparency and financial discipline. The Director will also lead the financial management of the IT vendor portfolio, including vendor spend planning, contract commitment visibility, forecast accuracy, commercial-performance analysis, renewal economics, cost optimization, and executive reporting. The role will drive accountability for financial outcomes across IT portfolios, products, platforms, services, programs, and strategic suppliers. Key Responsibilities Define and lead the enterprise IT financial management strategy, operating model, governance framework, and multi-year capability roadmap across the technology organization. Own annual budgeting, rolling forecasting, long-range planning, capital and operating expense governance, variance management, and financial performance reporting across the IT portfolio. Advise the CIO and senior technology leadership on investment allocation, affordability, financial risk, portfolio trade-offs, and opportunities to improve business value from technology spending. Establish decision rights, financial controls, management-review forums, reporting standards, and accountability mechanisms for IT portfolio, product, platform, service, and program owners. Lead vendor financial management across strategic IT suppliers, including spend plans, actuals, forecasts, accruals, contract commitments, renewal assumptions, consumption trends, rate structures, and financial-performance reporting. Partner with Procurement/Sourcing, Finance, Legal, IT service owners, and vendor-management teams to evaluate commercial proposals, contract economics, renewals, sourcing strategies, vendor consolidation opportunities, and service-demand assumptions. Establish vendor financial scorecards and executive reviews that provide visibility into spend, contractual commitments, forecast variances, commercial risks, savings, service economics, and value realization. Drive sustained cost optimization through vendor spend analysis, contract and licensing optimization, demand management, service-cost transparency, benchmarking, portfolio rationalization, and financial benefits tracking. Lead the financial evaluation of technology investments, business cases, transformation programs, and strategic initiatives, including total cost of ownership, scenario analysis, benefits, risks, and post-investment value realization. Develop and govern allocation, chargeback, and showback methodologies that connect technology costs to products, platforms, services, applications, and business consumption. Track TSA costs, monitor synergy targets, and report on separation-related financial performance. Define executive dashboards, performance measures, and forward-looking financial insights; identify material risks and trends and drive timely corrective action with accountable technology leaders. Build and lead a high-performing IT financial management organization, including managers and/or senior individual contributors, with responsibility for organizational capability, workforce planning, succession, coaching, and development. Champion consistent financial practices, data standards, automation, and continuous improvement across the global technology organization. Qualifications Education Bachelor’s degree required, preferably in Finance, Accounting, Business Administration, Information Systems, or a related field. Master’s degree, MBA, or equivalent advanced degree preferred. Experience and Skills Required: 15+ years of progressive experience in IT financial management, corporate finance, technology portfolio management, or a related discipline within a complex, global, or matrixed organization. Demonstrated leadership of enterprise or large-portfolio budgeting, forecasting, long-range planning, financial governance, and management reporting. Demonstrated experience managing the financial dimensions of a significant technology-vendor portfolio, including vendor budgets, forecasts, contractual commitments, renewals, consumption, commercial analysis, and cost optimization. Strong understanding of IT cost structures, capital and operating expense management, technology services, software licensing, professional services, managed services, cloud consumption, and technology investment economics. Experience partnering with Procurement/Sourcing, Finance, Legal, IT leaders, and business stakeholders on sourcing decisions, commercial evaluations, contract negotiations, and vendor-performance reviews. Demonstrated ability to advise and influence senior executives, challenge assumptions, communicate financial implications, and drive decisions across organizational boundaries. Experience establishing financial governance, decision rights, controls, performance measures, and accountability across portfolios, products, platforms, or services. Demonstrated people leadership, including leadership of managers and/or senior professionals, talent development, workforce planning, and succession management. Strong executive communication, analytical, negotiation, and stakeholder-management capabilities. Preferred: Experience leading IT cost-transparency, chargeback/showback, technology business management, or IT financial management capabilities. Experience implementing or improving portfolio financial-management processes, data models, dashboards, and planning tools. Experience leading vendor consolidation, licensing optimization, managed-service financial governance, or enterprise cost-transformation initiatives. Background in healthcare, medical devices, life sciences, or another regulated global industry. Experience supporting a major business transformation,