MAIN OBJECTIVE OF ROLETo oversee the analysis, monitoring, and control of costs within the IT department and across the business departments, while also actively contributing to budgeting, forecasting, and financial reporting processes pertaining to all IT expenditures.KEY RESPONSIBILITIES

• Conducts detailed monthly analysis comparing budgeted IT costs to actual expenditures to pinpoint cost drivers and areas for improvement, collaborating with business units and IT teams to ensure costs savings planned are achieved throughout the year.
• Assists in preparing and monitoring departmental budgets and forecasts, analyzing budget variances, delivering precise and timely reports to management, and identifying both risks and opportunities for cost savings.
• Ensures cost-saving opportunities by analyzing current processes, procedures, and systems with recommendations on process improvements to streamline operations and reduce costs, while maintaining quality standards.
• Enforces the management direction on Opex and Capex cost contribution ratio from flydubai resources and development partner resources to reduce the Opex costs and contribute more towards Capex delivery across all LOBs.
• Coordinates with procurement department to negotiate favorable terms with suppliers and manage vendor costs.
• Evaluates vendor costs and seek alternatives to achieve cost reduction objectives.
• Ensures follow up on Purchase Requests raising & Purchase Order releases to vendors and timely payments to vendors.
• Ensure regular service reviews, enforce service credits and other contractual obligations with all IT vendors.
• Manages the monitor and control on costs against budgeted targets by ensuring accurate and detailed cost reports, including cost center analysis, and variance analysis and communicates findings and provide insights to management to drive cost-conscious decision-making.
• Collaborates closely with cross-functional teams, including Business Units, Procurement, and Finance, to ensure cost management initiatives align with overall business objectives and budgets to support the implementation of cost control measures.
• Develops and maintains key performance indicators (KPIs) to measure the cost savings achieved year on year and reports on the prorated costs savings monthly based on the prorated budgets and spends on Opex / Capex costs across IT and other Business units.
• Ensures compliance with internal policies, procedures, and regulatory requirements related to cost management to support internal and external audit processes by providing relevant cost-related documentation and explanations.
• Seeks opportunities proactively for process optimization and operational efficiency to achieve cost reductions within IT and Business units.
• Maintains effective communication with internal stakeholders, including IT teams, Procurement, Finance, and Business Units, to achieve organizational objectives on costs management.

QUALIFICATIONS REQUIREDMinimum Education Level\xc2\xb7 Bachelors Degree (3+ years)Education Specific Requirement (if applicable)\xc2\xb7 Degree in Finance, Cost Management or FinanceCertifications (if applicable)\xc2\xb7 Project Accounting or Project Cost ManagementLanguages\xc2\xb7 Fluent in EnglishEXPERIENCE REQUIREDYears with Qualifications\xc2\xb7 8Professional Experience\xc2\xb7 Strong knowledge and experience in Project Accounting, systems, and processes.Systems Knowledge (if applicable)\xc2\xb7 MS Office Suite, Project Accounting SystemsCORE COMPETENCIES\xc2\xb7 Customer Focus\xc2\xb7 Teamwork\xc2\xb7 Effective Communication\xc2\xb7 Personal Accountability & Commitment to achieve\xc2\xb7 Resilience and Flexibility (Can do attitude)LEADERSHIP COMPETENCIES\xc2\xb7 Inspiring & Developing Others\xc2\xb7 Decision Making\xc2\xb7 Strategic Thinking\xc2\xb7 Business AcumenISR REQUIREMENTSReads and complies with the ISR policies of the Company and diligently reports any weakness or incidents to the respective Line Manager or the Information Security team. Completes all required ISR awareness sessions and follows associated guidelines in the day-to-day business operations.Warning on Recruitment Fraudflydubai is aware of a number of e-mails, letters and SMS or Whatsapp messages in circulation recently, claiming to be offers of employment from flydubai.These offers often look legitimate and may include job descriptions, salary, and benefit details.The offers then direct recipients to provide bank account details.Although these offers may appear genuine, they are fraudulent and should be deleted immediately and not responded to. flydubai does not send emails, letters or other messages requesting your bank account details in order to process documents. flydubai will also neverrefer you to a third party to process applications or visas. Official communications from flydubaiwill only come from an email address ending in @flydubai.com and job opportunities withflydubai are advertised on flydubai's websites.If you receive any e-mail, letter or other message which you have not requested or are expecting and it purports to be from flydubai, please contact us at and include the subject line Recruitment Fraud to confirm the authenticity of the message.

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