Job Purpose:
To manage the IT Financial and vendor relationship management function within IT Planning and Governance Department in the following areas: Technology Budgeting, Financial Management and Vendor Relationship management. These activities interact with numbers of internal and external stakeholders.
Main Responsibilities and Accountabilities:
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Manage the forecasting and planning of IT annual budget in cooperation with IT Senior Managers and Head of Technology
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To support and participate in activities to build stable platforms for budgeting and forecasting
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To provide both financial analysis working with internal and external sources
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Govern the invoicing and payment processes in cooperation with IT, Procurement and Finance.
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To analyze, compile and prepare financial data for senior management to help them make informed decision before committing to financial expenditure
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Track the expenses made against the planned budget and report these on monthly basis.
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Manage and control the payments and expenses made by IT teams.
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To participate in remediation activities to support the ongoing requirements of the business
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To manage, monitor and review activities that monitor, log and review supplier activities on and off site to help ensure levels of service maintained.
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To lead the identification and pursuit of opportunities to reduce costs within IT, driving valid opportunities to the point of achieving tangible cost reduction.
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Manage the overall process of IT Vendor Relationship Management.
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Manage the procurement process as the single point of contact from IT with Procurement and Finance departments.
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Track the contracts review and renewals in cooperation with relevant owners of IT and Procurement.
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Manage and maintain updated information related to IT Outsourcing activities.
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Provide support with the internal audit exercises carried out against ITD
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Prepare and manage the RCSA (Risk Capability Self-Assessment) related to IT Financials and Vendor KPIs
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To review ITD activities that maintain and enhance operational manuals and system documentation in area of responsibility.
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To manage, schedule and review evaluation activities to continuously enhance the processes and procedures in area of responsibility to reduce incidents and help mitigate risks, through increased consistency in task execution.
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To lead, manage and schedule activities to address identified audit and risk related observations.
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To manage, schedule, review and provide the required support to ongoing projects and assist the successful completion of allocated tasks within the specified timelines.
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To lead identification, bid and delivery activities that help ensure these are correctly documented, monitored and controlled throughout
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To provide support for all other IT Management requirements as required.
Education:
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Bachelor degree of Science in Commerce, Accountancy, Finance, Business Management or related field.
Professional / Technical Qualifications / Diplomas:
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Required – ITIL Certification.
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Required – IT Financial Management experience.
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Desired – Financial and accounting relevant certification.
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Desired – Governance certification.
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Desired – Project Management knowledge.
Experience:
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More than 8 years of experience, with at least 2 years of experience in relevant position.
Other Skills Required for the Job:
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Excellent organizational, prioritization, and follow-through skills.
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Attention to detail.
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Excellent stakeholder management and communications skills.
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Proactive in identifying and addressing issues.
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Ability to take initiative and meet deadlines and proven leadership skills.