Digital Spend Financial Analyst

Description -

Job Summary

The Digital Solutions Finance Analyst will be involved and support budget planning, forecasting, and spend management for a portfolio of digital, data, and innovation initiatives. This role partners closely with Finance Controllers, Product Owners, Engineering Leads, Program Managers, and leadership to provide financial insights that enable strategic decision-making and ensure strong fiscal performance across the digital investment portfolio.

The ideal candidate brings strong financial acumen, analytical rigor, and the ability to operate effectively in fast-paced, technology-driven environments. This role oversees monthly and quarterly financial close cycles; manages risks, opportunities, and budget reallocations; supports procurement and contract governance; and drives process improvements that enhance forecasting accuracy and operational efficiency.

Responsibilities

Key responsibilities include managing actuals vs. budget performance, leading Finance Master Data maintenance, variance analysis, evaluating investment scenarios, monitoring cloud and software spend, and ensuring financial controls and compliance. Success requires excellent communication skills, the ability to translate financial data into actionable insights, and strong partnerships with cross-functional teams across Finance, PMO, Engineering, and Procurement.

Budget Planning & Forecasting

• Build and maintain annual operating budgets for digital programs (cloud, AI, data platforms, app dev, innovation pilots).
• Partner Digital Solutions teams to forecast spend across labor, contractors, software licenses, cloud consumption, and capital investments.
• Challenge and validate assumptions, timelines, and resource needs.
• Align budgets with strategic roadmaps and multi-year investment plans.

Portfolio & Spend Management

• Track actuals vs. budget/forecast monthly and quarterly.
• Manage variance analysis: identify drivers of over/underspend and recommend corrective actions.
• Oversee risk & opportunity (R&O) management, ensuring timely updates and clear mitigation plans.
• Manage incremental budget requests, reallocations, and approvals.
• Provide visibility into run vs. innovation spend and capital vs. expense breakdowns.
• Monitor cloud optimization opportunities and digital tool rationalization.

Financial Governance & Controls

• Ensure compliance with financial policies for capitalization, procurement, contract management, and vendor onboarding.
• Review SOWs, change orders, and purchase requests to verify financial accuracy and funding.
• Support internal/external audits with required documentation.
• Maintain financial controls for accuracy, approvals, and backups.

Business Partnering & Stakeholder Alignment

• Advise engineering leaders, PMs, architects, and innovation leads on financial impacts of decisions.
• Facilitate monthly or quarterly reviews with senior leadership.
• Translate complex financial data into clear insights and scenarios for decision making.
• Provide financial guidance during roadmap shaping or project intake cycles.

Knowledge & Skills

Financial Expertise

• Strong budgeting, forecasting, and variance analysis skills.
• Deep understanding of capital vs. expense classifications and accounting rules.
• Ability to manage portfolio-level financials across multiple programs and cost centers.
• Proficiency in risk & opportunity management and scenario modeling.
• Experience with cost optimization, especially for cloud, SaaS, and digital tools.
• Experience with Master Data elements and attributes for optimal tracking and spend management.

Technical & Digital Acumen

• Familiarity with cloud technologies (AWS, Azure, GCP) and cloud consumption models.
• Understanding of software development lifecycles, agile delivery, and innovation pipelines.
• Ability to evaluate financial implications of digital investments (AI products, data platforms, automation tools).

Analytical & Problem-Solving Skills

• Strong quantitative analysis and ability to translate data into insights.
• Able to break down complex financial structures and identify cost drivers.
• Detail-orientation with the ability to manage large datasets and multi-source information.

Business Partnering & Communication

• Ability to partner with engineering, product, procurement, and PMO teams.
• Strong communication skills to explain financial insights to non-finance stakeholders.
• Able to influence decision-making through clear insights and storytelling.
• Experience facilitating monthly / quarterly business reviews with senior leaders.

Governance & Operational Discipline

• Strong understanding of procurement, vendor management, SOWs, and contract processes.
• Ability to enforce financial controls and ensure compliance with policies.
• Skilled in process improvement and standardization of financial routines.
• Comfortable working in fast-paced environments with shifting priorities.

Tools & Systems

• Advanced Excel
• SAP S4 Hanna/Fiori
• SAC-P

Leadership & Behavioral Competencies

• Strategic thinking with the ability to connect financials to business outcomes.
• Proactive ownership and accountability.
• Ability to simplify complexity and drive alignment.
• High degree of integrity, confidentiality, and professional judgment.
• Continuous improvement mindset.

Education and Experience Required

• Four-year or Graduate Degree in Business Administration, Accounting, Finance, or any other related discipline or commensurate work experience or demonstrated competence.
• Typically has 6+ years of work experience, preferably in financial management, internal audit, accounting, or a related field.

Disclaimer

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

Job -

Finance

Schedule -

Full time

Shift -

No shift premium (Mexico)

Travel -

Relocation -

No

Equal Opportunity Employer (EEO) - 

HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

For more information, review HP’s EEO Policy or read about your rights as an applicant under the law here: “Know Your Rights: Workplace Discrimination is Illegal"