Head of Finance
Head of Finance
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About the Role As Head of Technology Finance, you will serve as the strategic financial leader for a major banking group's Technology division. This high-impact role is responsible for leading all asp...
As Head of Technology Finance, you will serve as the strategic financial leader for a major banking group's Technology division. This high-impact role is responsible for leading all aspects of budgeting, forecasting, financial modeling, cost governance, and performance analysis across IT operations and capital expenditure initiatives. You'll work closely with senior leadership to align financial planning with technology strategy, while ensuring rigorous cost discipline, governance, and transparency. You'll also shape how technology investments are assessed and valued enabling smarter decision making across infrastructure, digital initiatives, and off shoring strategies. This is a rare opportunity to drive commercial value and financial clarity in a fast evolving digital banking environment.
Key Responsibilities- Lead the preparation of forward looking budgets and Capex plans for Group Technology, driving strategic financial alignment.
- Monitor and analyze financial performance, highlighting critical risks and opportunities for Technology leadership.
- Partner with divisional heads to ensure cost discipline and align financial planning with long term tech strategy.
- Develop and maintain financial models and tools to track technology costs, IT headcount planning, and investment projections.
- Oversee dashboards and financial reporting for IT stakeholders, enhancing visibility and control.
- Conduct advanced cost benefit and ROI analyses to evaluate technology investments and initiatives.
- Drive governance over the IT pricing model through the Technology Business Management (TBM) framework.
- Enable transparency of IT service, application, and infrastructure costs for business units and executive stakeholders.
- Support the bank's Technology off shoring strategy by evaluating cost arbitrage effectiveness and strategic value.
- Ensure compliance with financial controls, policies, audits, and regulatory submissions.
- Lead governance efforts for IT Finance, embedding risk management and regulatory discipline.
- Collaborate with Group Finance, Digital Office, and other stakeholders to evaluate Fintech partnerships and assess their financial implications.
- Mentor and manage a team of finance professionals, fostering a culture of continuous improvement, excellence, and cross functional collaboration.
- 7-10 years of experience in financial management, ideally within IT Finance in banking.
- A degree in Finance, Accounting, or a related field (CFA or CPA certification preferred).
- Strong background in FP&A for IT, with deep understanding of cost allocation, technology cost drivers, and budgeting principles.
- Experience with SAP, Oracle, and financial reporting tools.
- Proven ability to build governance frameworks and drive financial accountability across tech departments.
- Deep understanding of infrastructure, software licensing, and hardware cost models.
- Demonstrated success in stakeholder management, leadership, and digital finance strategy.
- Familiarity with TBM and financial modeling for technology pricing and value realization.
- Understanding of the financial implications of Fintech and digital technologies.
- Experience evaluating and managing global off shoring strategies for IT cost efficiency.
- Competitive executive compensation and performance linked incentives.
- A strategic leadership role at the intersection of technology, finance, and digital transformation.
- Opportunities to shape how technology investments are made and measured within a major financial institution.
- Flexible work policy, including work from home options.
- Exposure to executive leadership and cross functional influence across Finance, IT, and Digital domains.
Every role we list will plug directly into the companies ATS, which means your application is going straight to the source, drastically increasing your chances of being reviewed, shortlisted, and interviewed.
How to ApplyVisit our portal by clicking "apply", from there, you'll be able to apply directly via the internal system.
A Final ThoughtIf you think this role's for you, APPLY. Don't worry about checking every box - if you've got the core skillset and strategic mindset, you could be exactly who they're looking for.
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