JOB SUMMARY

We are seeking an experienced Budget Business Manager to oversee financial performance and expense management within our Technology department. This role is pivotal in enhancing financial transparency, optimising costs, and improving budgetary decision-making processes. The ideal candidate will have a strong financial background, experience in cost optimisation within a technology function, and a proven ability to analyse and manage large data sets effectively.

• Oversee the department’s expense budget and financial performance, enhancing variance analysis and cost optimisation opportunities.
• Provide accurate mapping of forecasted costs against services to create transparency over departmental expenditure.
• Manage and maintain the Service Catalogue, ensuring it accurately reflects business consumption of technology services.
• Improve budget control processes, approval workflows, and escalate financial risks while identifying potential cost-saving measures.
• Streamline complex financial data and reporting, ensuring clarity on true cost savings and expected expenditures.
• Foster financial literacy within the department, improving accuracy in financial forecasts in collaboration with the leadership team and Technology Financial Analysis & Reporting department.
• Work closely with the Financial Technology Reporting team to develop FINOPS capabilities and support financial tool development.
• Attend monthly Headcount and Financial Management Review meetings with L2 Management, analysing actual spending trends and ensuring appropriate allocation of funding.
• Monitor expenditures, ensuring the department remains within budget while tracking financial results throughout the year.
• Review and enhance budget control processes, workflows, and governance procedures to improve financial management.
• Prepare and develop annual expense budget proposals and funding requests, collaborating with leadership to consolidate budgets and forecast future needs.