About the Job
The IT Finance Analyst acts as a strategic financial partner to the CIO and IT leadership team, providing rigorous financial governance, cost transparency, and investment optimization across the technology portfolio. The role combines strong financial expertise with deep technical literacy to govern IT spending, optimize cloud and hybrid infrastructure economics (FinOps), and evaluate end‑to‑end Total Cost of Ownership (TCO) across infrastructure, applications, and vendor ecosystems.
The incumbent leads data‑driven financial analysis that enables disciplined technology investment decisions, improves return on technology investment, and ensures IT spending is aligned with enterprise strategy, demand signals, and business value outcomes.
Responsibilities
1. FinOps and Cloud Cost Optimization
- Lead the FinOps practice to establish strong financial accountability, governance, and cost controls over cloud consumption across business units and platforms.
- Develop and maintain cost visibility and unit‑economics dashboards that surface usage patterns, unit costs, efficiency metrics, and actionable optimization opportunities.
- Partner with engineering and architecture teams to embed FinOps principles into platform design and delivery, enabling cost‑efficient architectures, scalable deployment models, and informed trade‑offs between performance, resilience, and cost.
2. Total Cost of Ownership (TCO) and IT Spend Analytics
- Design, build, and maintain comprehensive TCO models across key technological domains, including infrastructure, platforms, and applications, covering full lifecycle costs and consumption patterns.
- Analyze end‑to‑end lifecycle economics and ROI of technology investments to support portfolio prioritization, rationalization, and modernization initiatives.
- Provide advanced IT spend analytics and scenario modelling to support executive decision‑making, including capital vs. operating expense trade‑offs, demand‑driven budgeting, and long‑term financial planning.
- Translate complex cost structures into actionable financial insights, enabling IT leaders to evaluate investment options, funding models, and architectural alternatives through a value‑based lens.
3. Infrastructure Financial Governance
- Own infrastructure budgeting and forecasting, incorporating cloud usage growth
- Define financial workload‑placement policies (e.g. cloud vs. on‑prem) based on unit economics.
- Enforce cost allocation and tagging standards across cloud and on‑prem environments.
- Act as a FinOps evangelist, upskilling engineering teams and translating technical cost drivers for Finance
We are looking for people who
- 10+ years of experience in IT Finance, FinOps, or Cloud Operations, preferably within large enterprises or regulated environments.
- Strong understanding of cloud pricing and billing models for at least one major provider (AWS, Azure, or GCP).
- Proven expertise in cloud cost optimization, TCO modelling, and IT financial analytics across hybrid environments.
- Solid grounding in financial and accounting principles, including CAPEX vs. OPEX treatment, amortization, and EBITDA impact.
- Hands‑on experience with FinOps / ITFM tooling (e.g. Apptio, Cloudability, CloudHealth, Kubecost) and native cloud cost management platforms.
- Advanced Excel / Google Sheets skills; experience with BI tools (Power BI, Tableau) and SQL is highly advantageous.
- Demonstrated ability to advise senior IT and Finance leaders on infrastructure investment decisions and cost transformation initiatives.
- Degree in Finance, Accounting, Economics, or a related discipline; professional certifications (CFA, CPA, FinOps Certified Practitioner) are a plus.
How you succeed
- Champion and embody our Core Values in everyday tasks and interactions.
- Demonstrate high level of integrity and accountability.
- Take initiative to drive improvements and embrace change.
- Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
- Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.
Who we are
Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.
The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of AA- by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.
Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
