Head of Finance – Technology & Digital (Business Banking)
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
About This Job
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