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Head of Finance – Technology & Digital (Business Banking)

meridiantalent.co.zaURL Unverified
Johannesburg, South AfricaFull-timeExecutiveOn-sitePosted 30 Oct 2026

Job Overview

Absa Group is appointing a Head of Finance – Technology & Digital for its Business Banking division in Sandton, Johannesburg (requisition R-15992410; full time; posted 29 October 2026; applications close 6 November 2026). The role provides strategic financial leadership and commercial challenge to the Business Banking Technology & Digital function, ensuring that technology expenditure, investments and architecture decisions deliver measurable business value.

The Head of Finance owns end-to-end financial oversight across technology run costs, infrastructure, cloud, applications, software and licensing, technology vendors and strategic change – building Total Cost of Ownership and unit-cost views, challenging business cases (NPV, IRR, payback) for cloud migration, modernisation and automation, driving FinOps and cloud economics on Azure/AWS, and translating complex technology decisions into concise, Exco-level financial insight as a credible adviser to the Business Banking CIO and technology leadership.

Key Responsibilities

  • Own financial planning, forecasting and performance management for the Business Banking technology portfolio

  • Create transparency of technology costs across applications, platforms, infrastructure, vendors and business services; establish Run vs Change views and key cost drivers

  • Develop TCO and unit-cost perspectives and identify structural (not just tactical) cost-optimisation opportunities

  • Partner technology executives on investment prioritisation; build and challenge business cases for cloud migration, application modernisation, automation and digital platforms

  • Evaluate NPV, IRR, payback, P&L, cash-flow and balance-sheet implications and monitor benefits realisation

  • Drive cloud economics and FinOps – consumption-based pricing, tagging, allocation and optimisation of Azure/AWS spend

  • Build application- and platform-level economics; support rationalisation and decommissioning decisions

  • Provide financial challenge on technology contracts, licensing, SaaS, outsourcing and vendor renewals

  • Deliver decision-quality reporting and executive dashboards in Power BI and advanced Excel linking financial and technology KPIs

Required Qualifications

  • Postgraduate degree / professional qualification in Financial Sciences (required); CA(SA) or CIMA typically expected

  • Senior experience in technology financial management, FP&A, budgeting and forecasting

  • Strong business-case development, investment appraisal, TCO modelling and driver-based costing

  • Understanding of Capex/Opex and capitalisation, benefits realisation and commercial/vendor analysis

  • Knowledge of Technology Business Management (TBM), FinOps/cloud economics, application and licensing economics

  • Working knowledge of SaaS, APIs, cloud vs on-premise architecture, cybersecurity and AI/automation economics

Skills & Requirements

Technology FinanceFP&ABusiness Case DevelopmentInvestment AppraisalTCO ModellingFinOpsCloud EconomicsTechnology Business ManagementVendor & Licensing AnalysisFinancial ModellingPower BIExecutive Business Partnering

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