Head of IT Financials, IT

Key Areas of Responsibilities Create and govern the yearly IT budget Provide regular updates to department heads on the forecasts and actuals Closely track unused budget and rightly allocates to the right team Help procurement team to map costs to budget Provide accurate allocation methods to finance department to charge business departments Create management reports on various financial aspects of IT Integrate with parent company in Beijing on maintaining consistency of budgeting process across

CITIC CLSA - Hong Kong - Full time

Salary: Competitive

Key Areas of Responsibilities 

  • Create and govern the yearly IT budget
  • Provide regular updates to department heads on the forecasts and actuals
  • Closely track unused budget and rightly allocates to the right team
  • Help procurement team to map costs to budget
  • Provide accurate allocation methods to finance department to charge business departments
  • Create management reports on various financial aspects of IT
  • Integrate with parent company in Beijing on maintaining consistency of budgeting process across the organization
  • Sync up with workforce team on actual headcounts
  • Maintain resource timesheet for feeding HC cost allocation to Finance
  • Maintain Physical asset depreciation and assist on annual stock take exercise
  • Look out for opportunity to optimize the process and automate and innovate using right tools

Requirements 

  • Bachelor/Master Degree in information system management or Accounting/business related studies
  • 10-15 years of experience in managing multimillion dollar budgets of a department or a function
  • Accounting background and qualification is a must
  • Experience in creating & tracking yearly budget
  • Experience of handling budget and spend management tools
  • Understands the concepts of cost allocation
  • Extensive experience in creating management reporting/dashboards
  • Expert in MS Excel and PowerPoint – should be able to create detailed dashboards in excel and management presentation
  • Should demonstrate experience of working independently and in a team
  • Preferably from a banking industry
  • Preferably with technology background and experience in IT COO office
22680502
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