Head of Commercial Finance,RDC_719

Allianz; Kuala Lumpur; On-site; MYR 180,000 - 240,000; Full time

Job summary

A leading global insurance company in Kuala Lumpur seeks a Head of Commercial Finance, RDC to lead financial operations and strategic alignment. The role involves oversight of pricing, cost management, and financial modeling while collaborating with senior leadership. Applicants should possess over 10 years of experience in financial management and expertise with large IT budgets. A Bachelor's degree in Finance or related field is required, with advanced qualifications preferred. This position promotes diversity and inclusion in the workplace.

Qualifications

• Over 10 years of experience in financial management and commercial business case tracking.
• Expertise in managing IT budgets from €500m to €1bn.
• Strong ability to collaborate with senior management and clients.

Responsibilities

• Establish RDC Commercial operations compliant with standards.
• Support pricing, chargeback, and billing of RDC Services.
• Operationalize Business Case Controlling Framework.
• Advise on Forex implications and Tax treatments.
• Communicate financial outcomes and escalate crucial issues.

Skills

Financial management

Analytical skills

Strategic planning

Problem-solving

Collaboration

Education

Bachelor's degree in Finance, Accounting, Business Administration or related field

Master's degree or CPA/CFA preferred

Job description

The Head of Commercial Finance, RDC is a critical role within the Allianz Technology CFO/CTO3 structure to support the Gearshift 2.0 Project Governance Structure and business operationalization of the Regional Delivery Centre ("RDC") based in Malaysia. The role entails leadership in pricing, cost control, KPI management, RDC service financial modeling and strategic alignment. The Head of Commercial Finance, RDC will serve as a critical steward, fostering efficiency, cost savings, and alignment with the Allianz Group strategy in setting up the commercial service operations of Malaysia RDC. This role has a direct reporting line to the Regional Finance Manager for CTO3 to be fully aligned.

Key Responsibilities

• Establish RDC Commercial operations compliant with Allianz Technology Standards.
• Support Service Owners to operationalise pricing, chargeback, and billing of new RDC Services to Asia Operating Entities ("OEs").
• Ensure completion of Gearshift 2.0 business cases for remaining OEs.
• Operationalize "Business Case Controlling Framework", including results update, establishment of savings tracking mechanism.
• Oversight for Accenture invoicing and payment process and reconciliation with business case assumptions.
• Support Allianz Technology Finance related to aspects of Tax treatments, including exposure to Permanent Establishment risk (PE) and WHT.
• Advise on Forex implications of invoicing, payments and reporting. Ensure risks are promptly highlighted, understood and mitigated.
• Support Asia Account manager Team in commercial discussions with Customers.
• Partner with leadership teams to assist the delivery of business plans, board obligations and projects.
• Identify, implement and lead cost steering and control processes.
• Act as the key interface to communicate financial outcomes, and escalation of issues and initiatives that require broader leadership involvement.
• Maintain collaborative working relationships with the wider functional communities to advocate on behalf and build capability to better service key stakeholders. Global and other ad hoc requests for analyses including post‑mortem analysis of business case savings.

Key Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field (Master's degree or CPA/CFA preferred).
• Extensive (over 10 years) experience in financial management and commercial business case tracking and validation.
• Expertise in managing IT budgets (€500m - €1bn), with experience driving cost savings and ensuring financial transparency.
• Strong analytical, strategic planning, and problem‑solving skills.
• Strong ability to collaborate with senior management and clients of Allianz Technology and align demand management across multi‑year plans.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.