IT Cost Optimisation Analyst

Durban - South Africa

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

The job posting is outdated and position may be filled

Job Summary

Description

1. Financial Analysis & Cost Optimization

Lead financial analysis initiatives to examine IT costs identify trends and develop strategies to reduce expenses across the group.
Support budgeting forecasting and strategic planning processes related to IT assets and services.
Collaborate with procurement and vendor management to optimize supplier contracts and service costs.
Provide regular reporting to stakeholders on IT financial performance highlighting cost trends and savings opportunities.

2. IT Asset Management (HAM & SAM)

Software (SAM):Manage the software license portfolio to ensure compliance and optimal usage. Monitor utilization across key platforms (Microsoft Adobe etc.) and identify opportunities for consolidation or license harvesting.
Hardware (HAM):maintain accurate group-wide hardware asset inventories overseeing the full lifecycle from acquisition to disposal.
Ensure the Contact Centre and other critical business units are provisioned efficiently without over-licensing.

3. Bill of IT & Cost Allocation

Develop maintain and enhance theBill of ITto ensure accurate and transparent spend reporting.
Design and manageCost Allocation Models including Showback and Chargeback programs to ensure IT costs are defensibly distributed to the correct business units.
Drive accountability by ensuring departments understand their IT consumption and associated costs.

4. Reporting & Stakeholder Collaboration

UtilizeExcelandPower BIto create dashboards that provide actionable insights into asset utilization and financial health.
Work closely with IT Operations Finance and business unit leaders to align IT investments with business goals.

Requirements

Bachelors degree in Finance Accounting IT or a related field.
Advantageous:Degree in Accounting Science.
35 yearsof experience in financial analysis cost accounting or IT Asset Management (ITAM).
Demonstrated experience in Hardware (HAM) and Software (SAM) asset management practices.
Proven track record of working with Bill of IT cost allocation or showback/chargeback models.

Skills & Competencies:

Technical Proficiency:Advanced Excel skills are required; proficiency inPower BIis highly preferred for reporting.
Licensing Knowledge:Strong understanding of complex software licensing models (e.g. Microsoft Office 365 Copilot Adobe).
Analytical Mindset:Ability to analyze large datasets to find cost-saving opportunities.
Communication:Excellent presentation skills with the ability to explain complex financial data to non-financial stakeholders.
Preferred:Familiarity with ITIL frameworks.

Why This Role

This is an opportunity to work across multiple business units influencing how the organization manages its technology investment. You will play a pivotal role in transforming IT from a cost center into a transparent value-driven partner to the business.

Work Level

Skilled

Job Type

Permanent

Salary

Market Related

EE Position

Yes

Location

Durban

Required Experience:

Description1. Financial Analysis & Cost OptimizationLead financial analysis initiatives to examine IT costs identify trends and develop strategies to reduce expenses across the group.Support budgeting forecasting and strategic planning processes related to IT assets and services.Collaborate with pro...