AVP/ VP, Project Financial Analyst

5 days ago

Singapore OVERSEA-CHINESE BANKING CORPORATION LIMITED Full time
Job Summary:
The Finance Management function within the IT Project Management Office is responsible for managing and overseeing the financial aspects of IT projects. This role ensures accurate budgeting, forecasting, cost control, financial reporting, and analysis to support successful project delivery and strategic decision-making. The Finance Analyst works closely with project managers, IT leadership, and finance teams to align financial planning with project objectives and organizational goals.
Key Responsibilities:
  • Budgeting & Forecasting: Develop, maintain, and monitor project budgets and forecasts in collaboration with project and solutioning managers and stakeholders.
  • Cost Management: Track and control project expenditures to ensure alignment with approved budgets; identify and report variances and recommend corrective actions.
  • Financial Reporting: Prepare regular financial reports and dashboards for IT projects, including status updates on budget vs. actuals, forecasts.
  • Financial Analysis: Analyze project financial data to provide insights on cost trends, resource utilization, and financial performance.
  • Resource Allocation: Assist the division in financial planning by ensuring efficient distribution of resources aligned with strategic objectives. Monitor and analyse utilisation to identify inefficiencies and optimise resource use, providing insights to support informed decision-making and enhance overall performance.
  • Compliance & Governance: Ensure financial practices comply with organizational policies, accounting standards, and regulatory requirements.
  • Process Improvement: Identify opportunities to improve financial processes and tools within the PMO to enhance efficiency and accuracy.
  • Risk Management: Assist in identifying financial risks related to IT projects and contribute to mitigation strategies.

Qualifications:
  • Bachelor's degree in Finance, Accounting, Business Administration, Information Technology or related field; MBA or relevant certification (e.g., CPA, CMA, PMP) preferred.
  • Proven experience (5+ years) in IT project management or within a PMO environment, with a strong emphasis on managing project finances and resource planning. Strong understanding of project management methodologies and IT project lifecycle.
  • Proficiency in financial software and tools (e.g., Excel, ERP systems, project management tools like MS Project, JIRA).
  • Excellent analytical, organizational, and communication skills.
  • Ability to work collaboratively with cross-functional teams and manage multiple priorities.
  • Detail-oriented with strong problem-solving abilities.

Please submit your job application directly on OCBC job portal:

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