Senior Manager - IT Finance

About the job

Established in 2004, Dubai Holding is a global investment company with investments in more than 34 countries and a combined workforce of nearly 45,000 individuals. In line with the vision of Dubai’s leadership and economic diversification strategy, Dubai Holding companies have nurtured sectors, irrevocably transforming Dubai’s socio-economic landscape and positioning Dubai as a diversified, globally integrated economy.

Dubai Holding is committed to the diversification of Dubai’s non-oil economy. Our portfolio, valued at over AED 284+ billion, spans 10 sectors, including real estate, hospitality, leisure & entertainment, ICT, design, education, media, retail, manufacturing & logistics, and science.

For the Good of Tomorrow

Dubai Holding is looking to hire a Senior Manager – IT Finance at the corporate office. The role is responsible for supporting the financial planning, budgeting, forecasting, and cost management of Dubai Holding IT function, covering both central IT and Vertical technology budgets across the Group. This involves overseeing a highly complex consolidated budget structure, managing chargeback models to Verticals with demonstrable units of measure, and ensuring cost transparency.

The role is responsible for the accurate tracking of CapEx and OpEx spend, anticipating resulting operational costs, and capturing benefits realization over multiple years. Beyond financial rigor, the role requires building trusted relationships with IT, Finance, and business leaders to align technology investments with strategic priorities and provide actionable insights for senior management decision-making while ensuring compliance with group-wide policies, governance, and reporting standards.

If you are ready to embark on a dynamic journey where your talents are valued, and your contributions make a real impact, we would like to hear from you.

Key Accountabilities:

Financial Planning & Budgeting

• Lead the preparation of the annual IT budget in collaboration with IT Leadership and Corporate Finance
• Develop rolling forecasts and monitor financial performance against approved budgets, highlighting variances and risks
• Track multi-year spending trends, including anticipated CapEx to OpEx impacts
• Provide analysis of CapEx and OpEx spend, comparing against benchmarks

Cost Transparency & Reporting

• Maintain chargeback and cost allocation models for Verticals, ensuring accuracy, transparency and clear units of measure
• Prepare dashboards, management reporting, and senior leadership presentations
• Analyze spend categories to support forward-looking insights and strategic reporting

Business Partnering & Investment Support

• Support IT Leadership in developing robust business cases for new technology investments
• Conduct ROI, cost–benefit, and payback analyses to assess technology investment feasibility
• Partner with Procurement and sub functions within IT to track vendor spend, contract commitments, and invoicing accuracy

Governance & Compliance

• Ensure adherence to Dubai Holding’s financial policies, DOA, audit requirements and statutory reporting standards (as defined by Corporate Finance)
• Co-ordinate with Corporate Finance on reconciliations, accruals, and group-wide reporting requirements
• Proactively monitor and mitigate financial risks linked to IT operations, projects, and/or transformation

Continuous Improvement

• Identify opportunities to optimize IT spend and improve financial management processes
• Benchmark IT financial practices against industry peers and best practices
• Recommend automation, reporting enhancements and process improvements to strengthen budget tracking and transparency

Who we are looking for:

• 8-10 years of experience in IT Finance, FP&A, and/or technology cost management in large, complex organizations
• Proven track record in managing multi-entity IT budgets, chargeback models, and cost allocations
• Strong exposure to technology investments, cost transparency and benefit realization
• Experience in shared services or multi-business unit environments is preferred

Education / Professional Certifications:

• Bachelor’s degree in finance, Accounting, Economics, or related field
• Professional accounting qualifications preferred (CPA, ACA, ACCA, CMA)
• Advanced degrees preferred

Competencies / Capabilities:

• Expertise in financial planning, analysis, and forecasting
• Deep understanding of IT cost structures (CapEx/OpEx, Cloud, Infrastructure, SaaS models, etc.)
• Strong command of chargeback methodologies and financial modelling
• Proficiency in ERP and budgeting tools (Oracle Fusion, SAP, Hyperion or equivalent)
• Data analysis and visualization skills (Excel, Power BI, Tableau, etc.)

Behavioural Competencies

• Builds strong cross-functional relationships and demonstrates credibility with senior stakeholders
• Ability to interpret and clearly communicate complex financial data
• Strong influencing and stakeholder management skills
• High attention to detail, accuracy and compliance orientation
• Proactive problem-solver who identifies opportunities for efficiency and improvement
• Ownership mindset with ability to deliver under tight deadlines

As much as we would be delighted to entertain all applicants, due to the high volumes of applications, only successful applicants will be contacted within 14 business days.

This job description is not all inclusive. Dubai Holding reserves the right to amend this job description at any time. Dubai Holding is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.