Overview

Onsite
OCBC Singapore
Full time
JR00003384

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Job Summary:

The Finance Management function within the IT Project Management Office is responsible for managing and overseeing the financial aspects of IT projects. This role ensures accurate budgeting, forecasting, cost control, financial reporting, and analysis to support successful project delivery and strategic decision-making. The Finance Analyst works closely with project managers, IT leadership, and finance teams to align financial planning with project objectives and organizational goals.

Key Responsibilities:

  • Budgeting & Forecasting: Develop, maintain, and monitor project budgets and forecasts in collaboration with project and solutioning managers and stakeholders.
  • Cost Management: Track and control project expenditures to ensure alignment with approved budgets; identify and report variances and recommend corrective actions.
  • Financial Reporting: Prepare regular financial reports and dashboards for IT projects, including status updates on budget vs. actuals, forecasts.
  • Financial Analysis: Analyze project financial data to provide insights on cost trends, resource utilization, and financial performance.
  • Resource Allocation: Assist the division in financial planning by ensuring efficient distribution of resources aligned with strategic objectives. Monitor and analyse utilisation to identify inefficiencies and optimise resource use, providing insights to support informed decision-making and enhance overall performance.
  • Compliance & Governance: Ensure financial practices comply with organizational policies, accounting standards, and regulatory requirements.
  • Process Improvement: Identify opportunities to improve financial processes and tools within the PMO to enhance efficiency and accuracy.
  • Risk Management: Assist in identifying financial risks related to IT projects and contribute to mitigation strategies.

Qualifications:

  • Bachelor’s degree in Finance, Accounting, Business Administration, Information Technology or related field; MBA or relevant certification (e.g., CPA, CMA, PMP) preferred.
  • Proven experience (5+ years) in IT project management or within a PMO environment, with a strong emphasis on managing project finances and resource planning. Strong understanding of project management methodologies and IT project lifecycle.
  • Proficiency in financial software and tools (e.g., Excel, ERP systems, project management tools like MS Project, JIRA).
  • Excellent analytical, organizational, and communication skills.
  • Ability to work collaboratively with cross-functional teams and manage multiple priorities.
  • Detail-oriented with strong problem-solving abilities.

What we offer:

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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About OCBC Bank

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.