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Senior IT Cost Management Analyst At Stanbic IBTC

Date Posted: 27/Nov/2013
Deadline: 11/Dec/2013

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


Method of Application

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