IT Finance Manager

About the Job

We are seeking an experienced IT Finance Manager to join our IT Finance and Vendor Management team, based in Malaysia, that is detail-oriented and has a strong sense of financial control and risk management. Reporting to the IT Finance Lead, this role is responsible for managing and overseeing financial planning, budgeting, reporting and control related to IT operations and projects. This role acts as the financial liaison between IT and Group Finance, to ensure compliance with corporate finance policies and cost management.

Key Responsibilities

• Lead financial planning, budgeting, forecasting and cost controls for Group IT expenditures and projects
• Collaborate with internal Group IT stakeholders and Group Finance, to review and update IT finance policies, guidelines, and documentation to ensure compliance with Group-wide standards
• Perform financial analysis and provide insight on IT projects, and operational expenses to Group IT management team
• Support Group and local entity finance teams in accounting processes related to IT spend and cost allocation, ensuring accuracy and compliance
• Monitor IT costs, track budgets, and prepare report for management to support business decisions
• Partner with the Strategic Sourcing and Procurement teams to optimize vendor contracts and licensing costs
• Facilitate internal and external audit processes related to IT financial data
• Drive finance transformation projects to optimize IT operations and/or finance processes
• Provide guidance and training to internal Group IT stakeholders on financial policies and controls

We are looking for people who

• Possesses Bachelor's Degree in Accounting, Finance, or related field
• Minimum of 7 years of experience in finance management within insurance of financial services, with a focus on IT finance preferred
• Strong understanding of IT cost structures, software licensing, and project financial management
• Proficient in financial systems such as Oracle Fusion, as well as Microsoft Excel
• Excellent analytical, communication and stakeholder management skills
• Ability to work under pressure, manage multiple priorities, and meet strict deadlines
• Strong team player with attention to detail, resilience under pressure and an adaptable and resourceful mindset.
• Ability to work autonomously and effectively in a fast-paced, dynamic environment

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.