Manager Financial Planning & Analysis - Information Technology

At the Federal Home Loan Bank of Chicago, employees come first - that’s why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. 

• Collaborative, in-office operating model

• Retirement program (401k and Pension) 

• Medical, dental and vision insurance 

• Lifestyle Spending Account 

• Competitive PTO plan 

• 11 paid holidays per year

  ​

The FP&A Manager – Information Technology is responsible for leading financial planning, forecasting, and performance management in support of the Bank’s IT organization. This role partners closely with IT leadership to translate technology strategy, operating plans, and delivery roadmaps into disciplined financial targets, while ensuring strong cost transparency, data integrity, and actionable insights. The role serves as the primary finance business partner for IT, supporting investment decisions, resource allocation, and executive level reporting in a regulated financial institution.

• Lead the annual budget and planning process, including timeline management, assumption development, and cost center inputs, with a focus on establishing a framework that supports in‑year funding decisions through quarterly reviews and scenario-based trade‑off analysis.

• Conduct regular technology spend and funding reviews with IT, leveraging actuals, forecasts, and prioritization discussions to inform ongoing investment decisions and reallocation.

• Partner with initiative owners to define measures of success associated with business case definition for cost benefit evaluation and assess return on investment actuals.

• Develop and maintain IT forecasts, incorporating actual performance, project delivery timing, vendor billing patterns, and emerging risks.

• Partner with IT cost center owners to challenge assumptions, identify risks and opportunities, and align technology spend with strategic priorities, aligning cost center budgets to evolving resource and contract assumptions that support quarterly capacity allocation decisions.

• Monitor and explain variances related to software, cloud services, infrastructure, cybersecurity, vendors, and IT labor.

What you'll bring:

• Bachelor’s degree in Finance, Accounting, Economics, Information Systems, or a related field (MBA, CPA, or CFA preferred).

• 5–10 years of experience in FP&A, finance, or accounting, including direct support of an IT or technology organization.

• Hands on experience leading budgets and forecasts.

• Experience supporting technology spend, including software, cloud services, vendor contracts, and IT projects.

• Strong financial modeling, Excel, and analytical skills.

• Ability to communicate financial concepts clearly to non-finance stakeholders, particularly IT leaders and project managers.

• Strong understanding of IT financial concepts, including rolling forecasting practices, workforce and project cost planning, and the economic drivers of IT labor and vendor spend.

• Evaluates and leverages AI capabilities to strengthen FP&A decision support, scenario analysis, and investment planning for Information Technology initiatives.

• Strategic thinker with strong attention to detail and data integrity.

• Ability to challenge assumptions constructively and translate technical activity into financial insights.

• Strong collaboration and stakeholder management skills, enabling effective partnership and influence with senior IT leadership.

• Comfort managing competing priorities and supporting fast moving initiatives.

• High accountability for deadlines, accuracy, and quality of deliverables.

• Must have proven ability using various BI tools.

The Perks