IT Manager – Financial Planning

IT Manager – Financial Planning

Overview:

Manage and administer Core42 IT financials, chargeback, contracts, licenses, Vendor management, agreements, Subscription and SLAs.

Responsibilities:

• Development and monitor IT budget (including operating budget and Capex projects); along with long-term financial forecasts Prepare IT budgets and forecasting and track spends for all IT initiatives
• Responsible for IT procurement – initiating, tracking, receiving, etc – in coordination with Accounting and Procurement.
• Responsible to Initiative, track, execute and monitor –IT contracts – In coordination with Procurement and legal
• Design, develop, direct, and execute the processes necessary to plan, record, analyze, and report on the financial conditions of the IT financials, Contracts, Licenses, Cloud Subscriptions, Vendors management.
• Proactively identifying ways to enhance efficiency, reduce IT cost, enhance revenue generation and improve the service offering.
• Build strategic relationships with vendors; identify unique opportunities for partnership or expansion that meet commercial, technical, and timing requirements.
• Provide analysis and financial leadership to aid in decision making for new services/initiatives strategies, pricing/cost allocation, Partnership agreement strategies, Standardizations, and business/service development activities.

• Provide a high-level analytical support and manage the day-to-day IT spend activity of IT in alignment with established corporate goals and risk management constraints for Injazat.
• Report on service utilization and maintain contracts and services management and logs
• Lead continuous improvement of IT Supplier Relationship Management processes, policy, and procedures to maximize economic, commercial and contractual benefits and to provide relevant recommendations for improvement initiatives in line with procurement.
• Manage the overall performance of IT vendor contracts & workforce in terms of SLAs are consistently met & release payment milestones accordingly.
• Liaise with procurement on IT procurement sourcing cycle for all IT requirements in line with company policy & guidelines
• Support IT vendor selection, negotiations, and overall vendor operations strategy (e.g. creating RFPs, business cases, and evaluating vendor submissions and bids), and liaise with internal IT stakeholders across multiple functions to achieve smooth supplier selection and management.
• Collaborate with inter departmental stakeholders (e.g. Procurement, Legal, Finance, Internal Audit) to ensure realization of IT agreements
• Collaborate with both internal business and technical teams to identify and define strategic initiatives necessary to meet company on-going needs for both expansion and cost reduction.
• Renew IT contracts agreements on a timely basis to the benefit of the company & conduct regular contract reviews and evaluations for cost reduction opportunities.
• Ensure that all IT related investments are monitored, controlled and in alignment with IT strategy\budget

Qualifications:

• Bachelor’s degree in business, IT, finance or a related field
• Strong IT knowledge
• Financial reporting knowledge
• 10-12 years’ experience in Finance, Economics, or IT management
• Vendor and contracts management experience preferred
• Excellent knowledge of MS office specially spreadsheets
• Excellent organizational and time management
• Excellent Presentation skills
• Ability to work independently in a fast-paced, multi-task environment
• Strong team player/collaborator with ability to influence
• Good understanding of project management methodologies
• Strong written and spoken English

If you are a performance-driven, inquisitive mind with the agility to adapt to ambiguity, you will fit right in. You should be eager to explore opportunities to build meaningful collaborations with stakeholders and aspire to create unique customer-centric solutions. Bias for action and a passion to conquer new frontiers in the AI space is at the heart of the Core42 community.

Culture: An open, diverse and inclusive environment with a global vision that encourages personal growth and focuses on ground-breaking, industry-first innovations.

Career: Outstanding learning, development & growth opportunities via structured training programs and innovative, high-tech projects.

Work-Life: A hybrid work policy to strike the perfect balance between office and home.

Rewards: A competitive remuneration package with a host of perks including healthcare, education support, leave benefits and more.