Job Description
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. Working closely with technology leaders and the Vendor Management team, this individual will drive financial transparency, efficiency, and accountability across the technology organization.
Key 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.
- 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.
In accordance with applicable law, Hearst is required to include a reasonable estimate of the compensation for this role if hired in New York City. The reasonable estimate, if hired in New York City, is $130,000 - $148,000. Please note this information is specific to those hired in New York City. If this role is open to candidates outside of New York City, the salary range would be aligned to that specific location. A final decision on the successful candidate’s starting salary will be based on a number of permissible, non-discriminatory factors, including but not limited to skills and experience, training, certifications, and education. Hearst provides a competitive benefits package, including medical, dental, vision, disability and life insurance, 401(k), paid holidays and paid time off, employee assistance programs, and more.
About Us
Hearst is one of the nation’s largest global, diversified information, services and media companies.
Hearst has been innovating for more than a century, leading with purpose, integrity and a culture of care, with a mission to inform audiences and improve lives.
The company’s diverse portfolio includes global financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; Hearst Transportation, which includes CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets and helicopters; ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; 35 television stations; 24 daily and 52 weekly newspapers; digital services businesses; and more than 200 magazines around the world.
Hearst is always moving forward, investing in healthcare solutions to improve patient outcomes and technology that curbs emissions; providing vital analysis, data and software to the global financial services industry; delivering important service and investigative journalism; and inspiring audiences with sports and entertainment programming.
With a commitment to maintaining the highest quality in its products and services, Hearst is dedicated to serving the communities it operates in, both civically and philanthropically.
Hearst is an Equal Employment Opportunity employer. We do not discriminate in hiring on the basis of race, color, national origin, religion, creed, sex or gender, gender identity, gender expression, sexual orientation, age, physical or mental disability, military or veteran status, or any other characteristic protected by federal, state, or local law.