IT Finance Manager – Expense Management

Chubb European Group Ltd.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial services company is seeking an experienced professional to manage IT expenses, oversee asset management, and collaborate with IT and Finance teams in Singapore. The ideal candidate will have a Bachelor's degree in Information Technology and over 5 years of relevant experience. Key responsibilities include financial oversight, budgeting, and compliance management. Strong proficiency in financial tools like Excel and SAP is essential for this role.

Qualifications

• 5+ years of experience in IT operations, asset management, or IT procurement.
• Proficiency with IT asset management systems and financial analysis tools.
• Detail-oriented with strong organizational and analytical abilities.

Responsibilities

• Track and manage all BAU IT expenses, focusing on software licensing.
• Collaborate with IT and Finance teams to develop and manage budgets.
• Ensure IT spend complies with internal policies and external regulations.

Skills

Financial management

Budgeting

Expense tracking

Stakeholder management

Asset management

Education

Bachelor’s degree in Information Technology

Tools

Excel

SAP

Oracle

Job description

Key Responsibilities

• Expense Oversight:
  • Track and manage all BAU IT expenses, focusing on software licensing, hardware warranties, and maintenance agreements.
  • Analyze spend data and provide actionable insights to IT leadership.
• Maintain accurate records of IT hardware and software assets.
• Manage relationships with vendors and ensure timely renewals and compliance with contract terms.
• Budgeting & Forecasting:
  • Collaborate with IT and Finance teams to develop and manage budgets for IT operational expenses.
  • Forecast future spend based on technology lifecycle and business needs.
• Process Optimization:
  • Identify opportunities to optimize IT spend and improve procurement and asset management processes.
  • Implement best practices for expense tracking and reporting within IT.
• Compliance & Audit Support:
  • Ensure IT spend complies with internal policies and external regulations.
  • Prepare documentation and support audit processes as required.
• Cross-Functional Collaboration:
  • Work closely with IT, Procurement, and Finance to align spend with business priorities.
  • Communicate financial implications of IT decisions to technical and non-technical stakeholders.

Qualifications

Required

• Bachelor’s degree in Information Technology, Computer Science, or related field (Finance coursework or certification a plus).
• 5+ years of experience in IT operations, asset management, or IT procurement.
• Strong interest and experience in financial management, budgeting, and expense tracking.
• Proficiency with IT asset management systems and financial analysis tools (e.g., Excel, SAP, Oracle).
• Excellent communication and stakeholder management skills.
• Detail-oriented with strong organizational and analytical abilities.

Preferred

• Experience managing IT budgets and vendor contracts.
• Deep understanding of software licensing constructs, including:
  • License models based on number of CPUs, cores, users, or devices.
  • Calculating license requirements for server environments (e.g., determining licenses needed based on CPU/core count).
  • Familiarity with common licensing models (perpetual, subscription, concurrent, etc.).
• Knowledge of software licensing compliance and optimization strategies.
• Experience with hardware maintenance agreements and lifecycle management.
• Familiarity with compliance standards (e.g., SOX, GDPR) as they relate to IT spend.

Job Info

• Job Identification 28061
• Job Schedule Full time
• Regular or Temporary Regular
• Legal Employer Chubb Asia Pacific Pte. Ltd.