IT Finance Portfolio Manager at HMSA (Hawaii Medical Service Association)
HMSA (Hawaii Medical Service Association) · Honolulu, United States Of America · Hybrid
- Professional
- Office in Honolulu
- Strategic Alignment:
- Execute the IT portfolio strategy, ensuring alignment with organizational goals and priorities.
- Ensure IT projects and initiatives support strategic objectives.
- Facilitate cross-departmental collaboration to ensure portfolio alignment with broader business strategies.
- Assist in the development of program roadmaps to include financial forecasts.
- Value Realization:
- Develop and implement processes to measure and track the value delivered by initiatives, ensuring business and financial outcomes are met.
- Participate in the evaluation of potential IT investments or projects for their strategic value, feasibility, and return on investment.
- Contribute to the development of business cases for management evaluation and investment decisions.
- Analyze and make recommendations to optimize the allocation of IT resources, including personnel, hardware, and software.
- Analyze and report on portfolio performance, including project outcomes and budget adherence (budget, actuals, forecasts), to IT management and executive leadership.
- Develop recommendations for prioritizing and optimizing CapEx and OpEx expenses.
- Facilitate the development of IT benchmark data and evaluate IT performance against benchmarks to identify improvement and efficiency opportunity.
- IT Portfolio Office support
- Communicate portfolio status updates to stakeholders and senior management.
- Identify and mitigate business and financial risks to portfolio and program execution.
- Work with business and technical owners, functional leaders, and project managers to identify project interrelationships to inform project priority, resource allocation, and financial impacts
- Supports the development and maintenance of portfolio, program, and project Centers of Excellence.
- Provides oversight and governance across the lifecycle of initiatives, from ideation and planning to execution and post-delivery evaluation, to ensure that management processes are executed consistently.
- Governance and Oversight
- Conduct regular reviews of the IT portfolio to assess performance against financial and process metrics and make recommendations for improvements.
- Analyze and report on the effectiveness of governance processes.
- Ensure portfolio processes are in alignment with organizational policies.
- Monitor industry trends and emerging technologies to continuously improve portfolio and financial management processes.
- Performs other responsibilities and duties as assigned or directed.