Financial Services

Head Of Finance Ãâ¢ã‚â€ã‚â“ Technology & Digital

Absa South Africa·Gauteng, south-africa·Full Time·Contract
Financial ServicesFull TimeContract
-Closes Nov 30, 2026

Job Summary

  • To provide strategic financial leadership and commercial challenge to the Business Banking Technology & Digital function, ensuring technology expenditure, investments and architecture decisions deliver measurable business value.
  • The role will provide end-to-end financial oversight across technology run costs, infrastructure, cloud, applications, software and licensing, technology vendors and strategic change.
  • It will translate complex technology decisions into clear financial and commercial insights that enable informed investment, prioritisation and cost optimisation.

Job Description

Key accountabilities

Technology financial management

  • Own financial planning, forecasting and performance management for the Technology portfolio.
  • Develop transparency of technology costs across applications, platforms, infrastructure, vendors and business services.
  • Establish clear views of Run vs Change expenditure and key cost drivers.
  • Understand and challenge technology allocations and consumption-based charges.
  • Develop Total Cost of Ownership (TCO) and unit-cost perspectives for major technology services.
  • Identify structural cost optimisation opportunities rather than relying only on tactical budget reductions.

Strategic technology investment and business cases

  • Partner Technology executives on investment prioritisation and portfolio decisions.
  • Build and challenge business cases across cloud migration, application modernisation, automation, digital platforms and technology transformation.
  • Evaluate NPV, IRR, payback, P&L, cash-flow and balance-sheet implications of investments.
  • Monitor benefits realisation against approved investment cases.
  • Provide financial challenge on build vs buy, migrate vs retain and invest vs decommission decisions.

Cloud economics and FinOps

  • Build sufficient understanding of Azure/AWS economics to challenge cloud consumption and optimisation opportunities.
  • Understand consumption-based pricing, tagging and allocation methodologies.
  • Partner Technology teams to improve transparency of cloud spend and accountability.
  • Identify opportunities to optimise cloud utilisation and reduce inefficient consumption.
  • Understand the financial implications of cloud migration and architecture decisions.

Application and technology portfolio economics

  • Develop financial views at application/platform/service level, not only cost-centre level.
  • Integrate application run costs, infrastructure, licences, vendor expenditure and change investment to determine full economic cost.
  • Identify duplicate, underutilised or high-cost applications and platforms.
  • Support application rationalisation and decommissioning decisions.
  • Translate technology architecture choices into understandable financial consequences.

Technology commercial and vendor management

  • Provide financial challenge on technology contracts, software licensing, SaaS, outsourcing and professional services.
  • Analyse vendor cost trends and commercial commitments.
  • Support contract renewal and commercial negotiation decisions.
  • Challenge licence utilisation, demand and unit pricing.
  • Assess the long-term TCO implications of major vendor and platform choices.

Technology performance and value management

  • Establish a stronger connection between:
  • Technology spend technology performance customer/business outcome financial value

Data, analytics and management insight

  • Develop decision-quality reporting through Power BI and advanced Excel.
  • Analyse large datasets to identify technology cost drivers and optimisation opportunities.
  • Create executive dashboards linking financial and technology KPIs.
  • Perform scenario, sensitivity and driver-based modelling.
  • Translate complex technology financial information into concise Exco-level insights.
  • Use data to move Finance from retrospective reporting toward forward-looking commercial insight.

Strategic business partnering

  • Act as a credible financial adviser to BB CIO and Technology leadership.
  • Constructively challenge technology investment, architecture and sourcing decisions.
  • Translate technical discussions into financial and commercial implications.
  • Influence decisions through fact-based analysis rather than financial control alone.
  • Connect Technology priorities to BB strategy, customer outcomes, productivity and financial objectives.
  • Critical skills and experience
  • Finance and commercial

Essential

  • Technology financial management
  • FP&A, budgeting and forecasting
  • Business-case development
  • Investment appraisal
  • TCO modelling
  • Cost allocation and driver-based costing
  • Benefits realisation
  • Capex/Opex and capitalisation understanding
  • Commercial/vendor analysis
  • Advanced financial modelling

Technology

  • Essential / strongly preferred
  • Technology Business Management (TBM) concepts
  • FinOps / cloud economics
  • Application economics
  • Technology cost-allocation methodologies
  • Software and licensing economics
  • Technology vendor management
  • Understanding of infrastructure and cloud services
  • Technology change/investment lifecycle
  • Working knowledge
  • APIs and integration
  • SaaS
  • Databases and compute
  • Cloud vs on-premise architecture
  • Cybersecurity and resilience
  • Digital platforms
  • AI and automation economics
  • Application rationalisation and technical debt

Education

  • Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

End Date: November 6, 2026

Key skills

Masters

At a glance

Company

Absa South Africa

Location

Gauteng, south-africa

Employment

Full Time

Experience

Valid until

November 30, 2026

Created

October 30, 2026