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Optimizing Technology Costs

3 weeks ago

Singapore beBeeCost Full time $90,000 - $120,000
Job Title: Technology Cost Optimization Specialist

We are seeking a skilled professional to assist in the implementation and operation of our Total Cost of Ownership (TCO) process. This process provides executives with the knowledge to manage and communicate the cost, quality, and value of technology services.

The Job:
Total Cost of Ownership Modelling

  • Import, transform, and rationalize data from systems of record such as General Ledger, Fixed Assets, Asset Management, Centralized Contracts Repository, etc., and provide insights to lead to effective decision-making.
  • Collaborate with IT managers to develop IT financial metrics and cost-transparency initiatives.
  • Gather functional and business requirements and rapidly translate information into working sets of operational and financial models, dashboards, and management reports.
  • Prepare analyses for business cases and cost-optimization discussions.
  • Support matters pertaining to our Technology Business Management process.

Budgeting & Forecasting
  • Provide visibility into planned, actual, and forecasted spend.
  • Develop and monitor monthly financial reporting in terms of IT Finance.
  • Report present year's forecasted spend.
  • Collaborate with IT managers to gather inputs for next year's budgeted spend.
  • Prepare and present annual budget to management for approval.

Requirements:
  • Education: Degree in computer science, finance, engineering, or MIS.
  • Knowledge of IT services and financial management processes and best practices, such as budgeting, cost allocations, capital and operating expense handling.
  • Strong financial acumen and data-analytic skills.
  • Ability to work autonomously given fundamental priorities and responsibilities.
  • Ability to manage multiple tasks and meet deadlines.
  • Initiative to identify opportunities and risks and think outside the box.
  • Excellent verbal, written, and interpersonal communication skills to all levels of the company.
  • Strong organizational, system orientation, and project-management skills.
  • Advanced Excel and PowerPoint skills.
  • Basic understanding of Information Technology.
  • Strong understanding of / willingness to learn about the Total Cost of Ownership model.