Vice President, Application Development & IT Business Planning
Job ID #: 2222 Location: VA - Richmond, Home Office Position Category: Executive Management Department: IT Division: CarMax Home Office Education Required: Bachelors Degree Position Type: Full-Time Regular Relocation Provided: Experience Required: More than 10 years Accountabilities: - Provide strategic lT leadership across multiple client functions in partnership with senior clients and IT managers. ~ Partner with senior clients and his/her Application Development managers to create robust IT Roadmaps. ~ Ensure these Roadmaps are well understood throughout the client functions and serve as dynamic tool to manage emerging requirements and projects. ~ Foster a strong customer service mind-set throughout the IT team, while championing thought leadership and innovation as business partners.
- Partner with IT senior colleagues to ensure reliable, efficient daily operating capabilities. ~ Collaborate with senior IT colleagues to ensure all Roadmaps/Application Development projects are managed as an Enterprise portfolio and integrated with IT Architecture and IT Operations. ~ Search out and bring innovative, external best practice ideas to all areas of IT, with a particular emphasis on application development methodologies.
- Ensure Application Development initiatives are well managed and deliver on expectations re functionality, timeliness, and cost. ~ Partner with senior IT Application Development colleagues to provide strong project management and governance processes for the overall project portfolio, with particular focus on those projects supporting his/her respective client organizations. ~ Promote agile application development where appropriate.
- Lead the IT business planning and budget management process as well as central IT financial functions. ~ Coordinate the annual IT budgeting process, which is a pace-setting activity for all of CarMax. ~ Transform budget management into a dynamic process including more insightful financial analysis and reporting. ~ Manage IT accounts payable, cap ex, and contract/vendor management processes.
- Cultivate a deep bench of IT leadership and technical talent to deliver results and support future growth. ~ Actively champion a robust talent management process; provide candid feedback and high impact coaching to managers and associates. ~ Develop/recruit successor caliber talent for key leadership positions." />
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Overview The Information Technology Vice President of Application Development & IT Business Planning is responsible for the IT strategy and application development for Corporate Financial, Human Resources and CarMax Auto Finance (CAF) areas. CAF is the financing unit for CarMax (serving approximately 400,000 customers in its $4.5B portfolio). This position also has responsibility across all of IT for business planning, budgeting, and financial operations. The overall IT budget is in excess of $50M with a $15M capital budget. This senior level IT position manages a team of 55 associates and has direct responsibility for $6-10M development budget. This executive plays an influential role as a member of the senior IT leadership team in shaping IT strategy, making investment and priority trade-off decisions, reducing unit costs, negotiating and managing vendor contracts and improving associate talent, commitment and morale. The successful candidate must have further growth potential as a senior executive. Accountabilities: - Provide strategic lT leadership across multiple client functions in partnership with senior clients and IT managers. ~ Partner with senior clients and his/her Application Development managers to create robust IT Roadmaps. ~ Ensure these Roadmaps are well understood throughout the client functions and serve as dynamic tool to manage emerging requirements and projects. ~ Foster a strong customer service mind-set throughout the IT team, while championing thought leadership and innovation as business partners.
- Partner with IT senior colleagues to ensure reliable, efficient daily operating capabilities. ~ Collaborate with senior IT colleagues to ensure all Roadmaps/Application Development projects are managed as an Enterprise portfolio and integrated with IT Architecture and IT Operations. ~ Search out and bring innovative, external best practice ideas to all areas of IT, with a particular emphasis on application development methodologies.
- Ensure Application Development initiatives are well managed and deliver on expectations re functionality, timeliness, and cost. ~ Partner with senior IT Application Development colleagues to provide strong project management and governance processes for the overall project portfolio, with particular focus on those projects supporting his/her respective client organizations. ~ Promote agile application development where appropriate.
- Lead the IT business planning and budget management process as well as central IT financial functions. ~ Coordinate the annual IT budgeting process, which is a pace-setting activity for all of CarMax. ~ Transform budget management into a dynamic process including more insightful financial analysis and reporting. ~ Manage IT accounts payable, cap ex, and contract/vendor management processes.
- Cultivate a deep bench of IT leadership and technical talent to deliver results and support future growth. ~ Actively champion a robust talent management process; provide candid feedback and high impact coaching to managers and associates. ~ Develop/recruit successor caliber talent for key leadership positions.
Experience/Education: The ideal candidate will have at least 15 years of IT experience including leadership of an application development team in a multi-tier operating environment, preferably in a large-scale retail company. The VP, Appl Dev & IT Bus Planning candidate also must have substantial budget management experience, including op ex and cap ex trade-off decision making in both growth and cost cutting scenarios.
A Bachelor’s degree is required. An MBA or other appropriate advanced degree, from a highly respected academic institution, is strongly preferred.
Qualifications: The highly qualified candidate needs to demonstrate a strong level of competence in the following three areas: - Results Focus: Infuses the team with a sense of purpose and creates clear accountabilities and metrics. Establishes a track record as a reliable, “go to” performer. Drives organizational initiatives beyond just delivering the IT project component. Sets and adjusts priorities effectively; removes barriers and acts with an appropriate sense of urgency. Energizes others to excel and continuously improve. - Business Acumen and Curiosity: Seeks to understand all aspects of the business. Naturally curious. Uses financial and technical data to accurately diagnose business strengths and opportunities. Has a knack (“ear”) for picking up cues from around the organization to surface important issues. Able to simplify complex business and technical issues. - Senior Level Influence/Teamwork: Develops strong business partnerships and credibility with senior clients and IT colleagues. Able to offer new ideas and build support for making significant changes. Asks questions and listens to gain input and insight. Fosters an open exchange of ideas. Communicates clearly and concisely. Shows humility. Resolves differences/conflict in a constructive manner. - Strategic Thinking: Understands the connections across functions/enterprise and looks at issues from multiple perspectives. Thinks ahead and anticipates as well as looks at downstream and cross-functional implications. Able to formulate long-term plans and communicate how IT can help transform the business. Balances short and long range considerations when solving problems.
