With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
The Head of A&E FinOps is accountable for leading the PPB Technology Financial Operations capability, providing financial governance, control, and value optimization of technology spend across cloud, platforms, SaaS, infrastructure, and large-scale transformation programmes.Job Description
1. Strategic Financial Governance
Define and execute the PPB Tech enterprise FinOps strategy aligned to business and technology objectives.
Establish financial guardrails for cloud, SaaS, infrastructure, and platform investments.
Embed cost transparency and financial impact assessment into technology investment and design decisions, enabling informed trade‑offs between cost, risk, and value.
Partner with CIO, CFO, and Program Sponsors to align funding models with transformation roadmaps.
2. Cost Transparency & Financial Visibility
Implement cost visibility across all technology domains (Cloud, Core Platforms, Integration, Digital Channels).
Establish cost allocation models aligned to Value Streams or Business Units.
Develop and maintain executive financial dashboards covering:
Run vs Change cost mix to assess sustainability and investment balance
Unit cost economics (cost per transaction, customer, or product)
Cost‑to‑serve analysis across customers, products, and value streams
Embed financial literacy and cost discipline across PPB Technology leadership.
3. Program and platform Forecasting, Budgeting & Financial Planning
Own financial planning, budgeting, and forecasting across technology programmes and platforms, ensuring spend remains within approved budgets.
Drive forecast accuracy and variance management across programmes, platforms, and value streams, with clear accountability for deviations.
Align funding profiles to delivery roadmaps and capacity assumptions, enabling informed investment phasing and prioritization.
Provide financial challenge and assurance on programme and platform forecasts, assumptions, and affordability.
Support investment decision‑making through robust financial modelling for major programmes, platform renewals, and transformation initiatives.
4. Cloud & Platform Cost Optimization
Establish cloud cost optimization frameworks.
Embed cost‑efficiency and affordability principles into solution architecture.
Provide financial challenge and assurance on major technology and platform investment decisions, with a focus on total cost of ownership and lifecycle cost impacts.
Identify, track, and eliminate financial waste, including unused capacity, over‑provisioning, and idle environments, in partnership with Technology teams.
5. Commercial & Vendor Financial Oversight
Partner with PPB Technology Head Office Partner Contracts Management to provide financial leadership on:
SaaS and platform pricing negotiations
Contract value optimization and cost efficiency
Exit strategies, vendor dependency, and financial risk management
Provide robust financial modelling and commercial analysis to support licensing transitions, renewals, and platform replacement decisions.
6. Value Realization & ROI Tracking
Track and report ROI against approved transformation investments.
Monitor and track cost savings targets from the technology decommissioning commitments towards the PPB2.0 “Save to Invest” objective
Support benefits realization governance forums (Steerco / Exco).
7. Operating Model & Governance
Establish FinOps operating cadence:
Monthly cost reviews
Quarterly optimization targets
Executive financial reporting
Define FinOps RACI across PPB Technology Value Streams, Finance, CIO’s, Architecture & Engineering
8. Team Leadership & Capability Build
Develop FinOps playbooks and standard operating procedures.
Champion a “cost-aware engineering” culture across the organization.
Key Accountabilities
Technology spend predictability, transparency, and control
Forecast accuracy consistently achieved within agreed tolerance
Approved cost optimization and efficiency targets delivered
Material reduction in waste and cost leakage across the technology estate
Credible, decision‑grade executive cost reporting
Demonstrable linkage between spend, value delivery, and business outcomes
Education
Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised