IT Finance Business Analyst

IT Finance Business Analyst As the IT Finance Business Analyst, you will support 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. 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 the 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. Required Qualifications Bachelor’s degree or higher (completed and verified prior to start) from an accredited institution. 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. Preferred Qualifications Five (5) years of 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. Work Location This role follows an on‑site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN or Austin, TX. Travel Requirements May include up to 5% domestic/international travel. Relocation Assistance Not authorized. Employment Eligibility Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status). Benefits and Compensation Expected compensation range: $124,127 - $151,710, which includes base pay plus variable incentive pay if eligible. Eligible for a range of benefits, including Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences, and Retirement Benefits. EEO Statement 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. #J-18808-Ljbffr 3M