IT Governance Manager Required in Dubai - Dubai
Contract& Vendor Management:
Collaborate with procurement and IT teams to manage vendor contracts and agreements.
Collaborate on RFI’s, RFP’s, preparation for new IT initiatives, projects and renewals for both Software., Hardware, Cloud, licenses, services etc., with IT COEs & IT BP’s
Track and report on vendor costs, ensuring accuracy and alignment with contractual terms.
ensure that contract renewals are initiated well in advance and follow-up on proactive negotiations.
Track vendor performance and reporting.
Communicate effectively with IT teams, stakeholders, and vendors.
Development of Weekly Senior Management Team Dashboard that includes key tenders & contracts, unexpected cost, savings achieved to date, etc.
Record all details for all tenders, contracts, purchase requisitions and purchase orders in manage engine or central repository for tracking & reporting purpose.
Receive RFPs, and support with the issuing orders in accordance with specifications required. (Purchase Request, Purchase order & invoice payment tracking)
Maintain central repositories for all Contracts and budgets, do monthly status recon and reporting on same.
Payments:
Tracking of Contract payments, invoices linked to milestones, resources, and project deliverables.
Tracking and reporting spend across cloud, subscriptions, ensuring timely payments of invoices based on budget & consumption.
Ensuring the Vendor invoices are paid in time monthly.
Support with Financial Planning and Budgeting:
Collaborate with IT teams to develop and manage IT Capex & Opex budgets.
Assist in the creation of financial forecasts and projections related to IT initiatives and utilization.
Monitor IT Budgets ensuring adherence to budgetary constraints.
Line by line budget tracking and ensuring spends are tracked and contracts are renewed proactively, with focus on cost optimization based on system licenses utilization and allocation.
Financial Analysis:
Conduct financial analysis on IT investments, providing insights and recommendations.
Evaluate financial implications of proposed IT projects and initiatives.
Prepare and present financial reports to management, highlighting key performance indicators.
Monthly Recon of IT financials as per the Central Finance General Ledger and ensuring the spending is controlled, managed, tracked, and aligned as per the budget.
Cost Allocation and Chargebacks:
Manage and monitor cost allocation across Business units for various IT services, assets and projects.
Manage the process of chargebacks to business units or departments for IT services.
Calculate depreciation of assets (H/W, S/W, equipment’s, Services) and amortization.
Compliance and Financial Governance:
Ensure compliance with financial policies, procedures, and regulatory requirements as per central finance of AGI (Al Ghurair Investments).
Participate in internal and external audits related to IT financial activities and maintain positive rating across all audits.
Implement and maintain financial governance practices for IT expenditures.
Procurement & Financial Reporting:
Generate and analyze financial reports for IT projects and initiatives.
Provide regular updates to stakeholders on financial performance and budgetary status.
Work with finance and accounting teams to reconcile IT financial data on a monthly, quarterly & annual basis.
PMO analysis:
Provide regular updates to stakeholders on financial performance and budgetary status.
Conduct CSAT surveys, Lesson learned document.
Work with finance and accounting teams to reconcile IT financial data on a monthly, quarterly & annual basis.
Educational and Technical Skill
Bachelor's in finance, Accounting, Business Administration, or related field
Proven experience in IT finance, procurement, or a related role.
Excellent negotiation and vendor management skills.
Technology terminology and concept Understating of billing, chargeback, allocations, depreciations, Book value concepts
Worked previously in IT finance, and handled Capex, Opex, Contracts. AMC and subscription payments and financial reporting
Collaborate with cross-functional teams to gather requirements for IT procurement.
Communicate effectively with IT teams, stakeholders, and vendors.
FInOPs
Relevant certifications e.g., CMA, CPA, CIPS
Experience with ERP systems and financial modeling.
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