Stanbic IBTC Bank is a leading provider of integrated financial services, pensions and wealth management products and services. We offer all our clients a wide range of personal & commercial banking products through over 180 branches spread across every state in Nigeria and our online banking platforms.
We are recruiting to fill the below job position;
Closes by 10th December, 2013.
We are recruiting to fill the below job position;
Job Title: Senior IT Cost Management Analyst
Job ID: 12508
Position Description
Provide leadership and coordination of IT cost management, financial planning and budget management functions.
Provide leadership and oversight of Business Support weekly spend against budget, working closely with the cost management teams of the respective units that fall under Business Support (Ops & P&P)
Job Responsibilities
•Coordinate IT financial planning and budget management activities
•Develop models to track the total IT cost to deliver and maintain the IT services provided to the business.
•Forecast, monitor, analyze and report monthly capital & operating results against budget
•Oversee daily operations of the IT finance & budget department.
•Monitor and enforce operational and internal control procedures
•Create, apply and control financial procedures and forms, ensuring that each transaction and payment has the necessary approval and justification.
•Track operational metrics such as utilization, service levels, and support tickets along with cost.
•Develop cost allocation models for chargeback and show back to Business unit.
•Work with department managers and corporate staff to develop strategic goals and objective business plans for the department.
•Coordinate and manage the preparation of budgets, cash-flow forecast and financial management reports on monthly and ad hoc basis to aid strategic decision making
•Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
•Conduct the RFQ, quote analysis, vendor negotiations, motivation, internal approvals, PO creation, contracting and award of work to key contractors and suppliers for both goods and services.
•Conduct cost benchmarking against industry averages or common metrics
•Evaluate business opportunities to maximize cost savings, while ensuring delivery of the best quality and service.
•Monitor IT asset movement and develop, implement and enforce processes and controls within IT department to assist IT asset tracking
Required Skills and Qualifications
Qualification
•Bachelor's Degree or higher in Accounting, Financial, Engineering or related field
•Project Management certification
Experience
•Minimum of 6 years working experience
•At least 2- 4 years’ experience in Finance and budgeting and experience in financial analysis
Required Competencies
Requirements:
•Sound Knowledge of IT and IT infrastructure.
•Sound project management knowledge
•Ability to analyze financial data and prepare financial reports, statements and projections.
•Working knowledge of short and long term budgeting and forecasting,
•Computer literacy in MS Office – Word, Excel, PowerPoint
•Good command in written and spoken English
•Analytical and problem solving skills,
•effective verbal, listening and written communications skills
•Ability to work unsupervised and develop on the job
•Ability to participate in and facilitate group meetings.
Personal Attributes
•Be honest and trustworthy
•Good interpersonal relations
•Willingness to put in extra time and effort when required
•Ability to work under pressure
•Be flexible
•Demonstrate sound work ethics
We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.
Position Description
Provide leadership and coordination of IT cost management, financial planning and budget management functions.
Provide leadership and oversight of Business Support weekly spend against budget, working closely with the cost management teams of the respective units that fall under Business Support (Ops & P&P)
Job Responsibilities
•Coordinate IT financial planning and budget management activities
•Develop models to track the total IT cost to deliver and maintain the IT services provided to the business.
•Forecast, monitor, analyze and report monthly capital & operating results against budget
•Oversee daily operations of the IT finance & budget department.
•Monitor and enforce operational and internal control procedures
•Create, apply and control financial procedures and forms, ensuring that each transaction and payment has the necessary approval and justification.
•Track operational metrics such as utilization, service levels, and support tickets along with cost.
•Develop cost allocation models for chargeback and show back to Business unit.
•Work with department managers and corporate staff to develop strategic goals and objective business plans for the department.
•Coordinate and manage the preparation of budgets, cash-flow forecast and financial management reports on monthly and ad hoc basis to aid strategic decision making
•Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
•Conduct the RFQ, quote analysis, vendor negotiations, motivation, internal approvals, PO creation, contracting and award of work to key contractors and suppliers for both goods and services.
•Conduct cost benchmarking against industry averages or common metrics
•Evaluate business opportunities to maximize cost savings, while ensuring delivery of the best quality and service.
•Monitor IT asset movement and develop, implement and enforce processes and controls within IT department to assist IT asset tracking
Required Skills and Qualifications
Qualification
•Bachelor's Degree or higher in Accounting, Financial, Engineering or related field
•Project Management certification
Experience
•Minimum of 6 years working experience
•At least 2- 4 years’ experience in Finance and budgeting and experience in financial analysis
Required Competencies
Requirements:
•Sound Knowledge of IT and IT infrastructure.
•Sound project management knowledge
•Ability to analyze financial data and prepare financial reports, statements and projections.
•Working knowledge of short and long term budgeting and forecasting,
•Computer literacy in MS Office – Word, Excel, PowerPoint
•Good command in written and spoken English
•Analytical and problem solving skills,
•effective verbal, listening and written communications skills
•Ability to work unsupervised and develop on the job
•Ability to participate in and facilitate group meetings.
Personal Attributes
•Be honest and trustworthy
•Good interpersonal relations
•Willingness to put in extra time and effort when required
•Ability to work under pressure
•Be flexible
•Demonstrate sound work ethics
We are an equal opportunities employer and are totally opposed to discrimination in any form. It is our policy to provide equal employment opportunities for all employees regardless of race, sex, colour, nationality, national or ethnic origin, sexual orientation, marital / partnership status, religion, age or disability.
How To Apply
Application Deadline DateCloses by 10th December, 2013.
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