Manager, IT Financial Management

eFinancialCareers; Hong Kong; On-site; HKD 700,000 - 1,200,000; Full time

Job summary

Local Bank (Hong Kong) is seeking an experienced Manager, IT Financial Management to drive IT financial governance and budget planning within the technology team. The role focuses on dashboarding, forecasting, and ensuring spending aligns with financial accounting principles.

The ideal candidate has extensive banking experience, strong vendor management, and hands-on project financial management on large IT projects, with fluency in Cantonese and English, and a bias for continuous improvement.

Qualifications

• Tertiary education in IT, Business Administration or related fields.
• 8+ years in IT with at least 7 years in project finance or related positions.
• 8+ years in banking with understanding of business applications and related technologies.
• Process oriented with experience in financial control, QA, compliance monitoring and risk management.
• Hands-on in project financial management on budgets over HK$10M.
• Experience in vendor partnership or management.
• Fluent in Cantonese and English; Putonghua an advantage.
• Advanced Excel skills with formulas and macros for tracking and dashboards.

Responsibilities

• Division Financial Management: Prepare IT budget, monitor forecast and dashboard usage.
• Project Financial Management: Advise project managers on financial management and reporting.
• Procurement Financial Management: Budget checks, booking expenses and invoice settlements.
• Subsidiaries Support: Coordinate cost management and cost recovery with other entities.

Skills

Financial governance

Budget planning

Project finance

Procurement oversight

Vendor management

Communication skills

Excel macros

Risk management

Education

Bachelor's or above in IT or business

Tools

Excel

Job description

Our client is a reputable local bank in Hong Kong seeking an experienced Manager, IT Financial Management to join its technology team. This position plays a key role in driving IT financial governance, budget planning, project financial management, and procurement oversight to support the Bank's technology investments.

Key Role and Responsibilities:

• Division Financial Management: Prepare budget for IT Division. Provide ongoing monitoring and forecast. Prepare dashboard for management and assist in managing utilization. Work closely with Financial Accounting Department to ensure compliance with the Bank’s financial accounting principles. Be the subject matter expert on Finance in the IT Division and provide support on all Financial matters
• Project Financial Management: Monitor all projects related financial details. Provide support and advice to project managers on financial management and assist in report preparation
• Procurement Financial Management: Support procurement team on budget checking, booking of expenses and invoice settlement. Provide guidance to team on financial principles
• Subsidiaries Support: Work with other subsidiaries on budget and cost recovery. Provide advices on cost management in accordance to Banks’ financial accounting principles

Job Requirements:

• Tertiary education in Information Technology, Business Administration and/or related disciplines
• Minimum 8 years of experience in IT industry with at least 7 years in project finance or related positions
• Minimum 8 years of experience in the banking sector with general understanding in business applications and related technologies
• Process oriented with experience in financial control, quality assurance, compliance monitoring and risk management
• Possess good understanding in financial management with hands‑on experience in project financial management preferably on projects with budget over HK$10M
• Experience in vendor partnership or management
• Committed deliverer with abilities and desire to make things happen
• Positive personality with desire and passion in driving business growth through smart application of technology and adequate design of operational process
• Good communication (Cantonese and English, with Putonghua an advantage), collaboration and influencing skills
• Resourceful, creative and proactive in continuous improvement and advancement
• Good team player striving for team success and win-win results
• Keen to learn but at the same time willing to share learning with others
• Skillful in using Microsoft Excel formula & macro for template design, financial tracking, metrics dashboard and what-if analysis