IT Finance Tco Analyst

3 months ago

Johannesburg, South Africa Absa Bank Limited Full time

Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

We are looking for an analyst to work closely with our team to manage and deliver total cost of ownership modeling to our internal technology stake holders.

**Job Description**:
**Responsibilities**:

- Participate as part of a close-knit team to deliver the Total Cost of Ownership to Africa Technology of Absa bank.
- Support and continuously manage existing model.
- Execute against reporting tasks and deliverables of Magic Orange model.
- Activity data acquisition and preparation.
- Participate in and execute against the cost model roadmap and strategy.
- Stakeholder management and data management of consumption and driver data.
- Be accountable for the cost model output and cost model delivery for specific given areas of ITO.
- Build and manage relationships with key stakeholders.
- Present cost model results to different business units and senior management.
- Interpret data to extract cost efficiencies, identify opportunities and support decision-making.
- Leverage technology for improved efficiency in processes.
- Manage Magic Orange User access requests and roles.
- Document services, drivers and methodologies for the ITO services.

Role/Person Specification

Education
- A relevant Bachelor’s degree in Finance, Information Systems, Computer Science, Engineering, or equivalent work experience
- Certification in Accounting, ITIL or TOGAF is favourable

Essential Competencies
- Ability to manipulate and transform large data sets in a timely and accurate fashion
- Ability to work to a deadline and prioritise and manage workload independently
- Takes the initiative and drives their own deliverables while contributing to a fast-paced deliverable focused team environment
- Capability to quickly understand data, processes and procedures and identify the value-add capabilities contained within the data
- Capability to learn new systems and technologies
- Excellent communication and interpersonal skills

Desirable
- Experience of visualization tools such as Microsoft Power BI
- Management and project experience in a Financial Services environment
- Experience in activity-based costing and cost allocations
- Basic understanding of IT infrastructure stack
- Experience with Public Cloud (AWS, Azure etc.)
- Understanding of corporate Budgeting and Forecasting process
- Experience of working in technology consulting
- Knowledge of IT Technical stack, servers, storage, etc.
- Experience in cost modelling software (SAS; Magic Orange; Apptio)
- Capability to quickly understand data, processes and procedures and identify the value-add capabilities contained within the data.
- Experience in programming on the Microsoft.Net

Education

Bachelor's Degrees and Advanced Diplomas: Financial Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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