Position Objective
The role is to ensure that the spending from strategic vendors is tracked and aligned with Group Technology priorities. This includes managing top strategic vendors spend (Kyndryl, BT & Microsoft) within the Group. Provides detailed analysis of the spend on a monthly basis to Senior management for informed decision making.
The role will also manage the quarterly reporting of BU IT Expenses to LBU, including detailed trend analysis, to ensure transparency of spending.
Support the annual BU Strat Planning Process from the perspective of Group Technology related data capture requirements, analysis and reporting.
Roles and Responsibilities
Financial Analysis
- Analyze top 3 vendors (Kyndryl, BT & Microsoft) spending across the Group
- Manage all eligible credit notes and utilization on time
- Manage and validate rebates eligible in accordance to Contract
- Support BU for any billing and spend related questions related to Contracts signed at Group level
- Lead invoice validation for Kyndryl and BT and demonstrate the value in this process to the BUs.
- Support on financial impact of any ad-hoc project on Request for Change
- Project based financial analysis as needed on large scale projects involving key strategic vendors
- Lead the data collection, reporting and analysis of BU IT Expenses
Process Improvement & Governance
- Identify reporting gaps and improve current practice
- Performs other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements
- Automate data collection and implement dashboards (e.g. Power BI) to drive efficiency and deeper levels of analysis.
Financial and Non-Financial Measures
- Accuracy of the financial analysis and validation performed
- Provide periodic reporting on a timely manner
Communication Requirements
Internal:
- Able to communicate with Group Finance, LBU IT Finance and internal team lead / Project Manager
- Able to present and explain the numbers from accounting treatment/standards, guidelines from Group IT standardization, analysis performed, benchmark, etc.
External:
- Able to develop rapport with responsible service providers (Top 3 vendors) but also able to deliver unfavorable messages (e.g. billing accuracy, invoices clarification with vendors based on SLA, on time delivery of reporting)
Minimum Job Requirements:
Relevant Experience
- At least 10 years of financial or accounting experience from service provider or same industry
- Exposure in IT / Infrastructure industry would be an added advantage
- Good understanding of work processes, internal controls implementation and business acumen
- Effective oral and written communication skills
- Well-versed with Microsoft Office Excel, Word and PowerPoint
Education
- Bachelor Degree in Accountancy or equivalent
Incumbent Characteristics
- Good presentation and communication skills good command of English
- Excellent quantities and analytical skills
