Director, IT Financial Management & VMO

Posted:
10/8/2024, 10:06:28 AM

Location(s):
Colorado, United States ⋅ California, United States ⋅ Denver, Colorado, United States ⋅ San Francisco, California, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.

Job Title:

Director, IT Financial Management & VMO

Company:

Prologis

A day in the life

The Director of IT Financial Management & VMO is responsible for overseeing IT financial operations, including managing the technology budget, tracking actual spending, and overseeing the Vendor Management Office. This role includes negotiating and managing technology contracts, while fostering relationships with IT vendors. The Director leads teams that handle both financial management and vendor relations within the IT department.

This position requires a leader with expertise in accounting, financial analysis, and reporting in a technology context. The individual will communicate effectively to explain IT expenses, recommend cost-saving measures, and manage key financial metrics for IT and other business leaders. The vendor management side of the role involves managing the full lifecycle of contracts, consulting with business owners, and collaborating with Legal, Risk Management, and IT Security. This position has a dotted line reporting relationship to the CTO.

Key responsibilities include:

IT Financial Management:

  • Collaborate with the CTO to develop strategic financial plans and propose cost-saving solutions.
  • Guide IT leadership in financial decision-making and promote financial transparency.
  • Develop and improve processes for managing the IT budget, forecasts, and spending analysis.
  • Work closely with Accounting, Finance, and IT leadership to track spending, analyze variances, and report financial metrics.
  • Ensure financial accountability for technology spending across multiple IT projects and cost centers.
  • Build frameworks to track and report on financial performance, including project value measurements like ROI and NPV.
  • Influence stakeholders to adopt changes that enhance transparency and accountability in IT spending.

IT Vendor Management:

  • Oversee contract renewals, negotiations, extensions, and terminations for all IT vendors.
  • Lead contract negotiations with major vendors and maintain strong vendor relationships.
  • Educate internal teams on vendor management processes and provide regular reporting on vendor performance.
  • Conduct Strategic Business Reviews with key vendors and ensure documentation of VMO processes is up to date.

Building blocks for success

Required:

  • 10+ years of leadership experience in IT financial and vendor management across industries such as real estate and energy.
  • Proven track record in IT financial management, including cost attribution frameworks and improving financial transparency.
  • Expertise in IT Financial Management tools (e.g., Apptio) and financial software applications (e.g., Microsoft Excel, ERP systems).
  • In-depth understanding of current accounting standards, tax laws, and corporate financial management.
  • Extensive experience in vendor management, particularly in negotiating contracts with major technology providers (Salesforce, Microsoft, Oracle).
  • Demonstrated expertise in leading complex vendor negotiations and handling a variety of technology contracts (COTS, SaaS, custom development).
  • Strong critical thinking, analytical skills, and ability to guide stakeholders toward optimal outcomes.

Preferred:

  • Bachelor's degree in Information Technology, Business Administration, Accounting, or a related field.
  • High attention to detail and strong organizational skills.
  • Excellent communication and presentation abilities, fostering collaboration between IT leaders and business partners.
  • Experience working in a global company, particularly in IT financial and vendor management

Hiring Salary Range of: $145,000-$200,000. Salary and whole compensation package (bonus target & LTI) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

#LI-KR1

People First

Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.

When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.

As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development. People come first here.

All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work/lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition to paid holidays and volunteer time. 

All job offers are contingent upon successful completion of background verification. Prologis is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religions, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

Employment Type:

Full time

Location:

Denver, Colorado

Additional Locations:

San Francisco, California