Expert IT Financial Management

OQ

Main tasks and responsibilities

• Strategic Planning :

• Develop and implement strategic initiatives to optimize financial performance, including budgeting, forecasting, pricing, benchmarking, and cost optimization in alignment with business and technology objectives.

• Collaborate with senior management to define financial policies, procedures, and best practices within the ITFM framework.

• Champion ITFM maturity development, introducing automation, advanced reporting, and industry-standard practices.

• Act as a strategic advisor to the CIO/IDS leadership, ensuring IT financial strategies are tightly linked with OQ s corporate and digital transformation agenda.

• Drive ITFM maturity roadmap and position OQ as a benchmark in IT cost competitiveness within the oil & gas sector

• Financial Benchmarking and Analysis :

• Lead benchmarking initiatives to compare IT cost structures against peer organizations and industry standards.

• Oversee cost analysis to measure, control, and optimize expenses within IDS, enabling data-driven decision-making and resource allocation.

• Develop and maintain chargeback and showback models to drive transparency in IT cost allocations.

• Lead the development of the annual IT budget (CAPEX and OPEX).

• Oversee and report on Corporate IT financial spending to senior management.

• Oversee the development of Corporate IT initiatives Total Cost of Ownership (TCO) and Return on Investment (ROI).

• Establish KPIs and dashboards to track ITFM performance and cost optimization results.

• Regularly present benchmarking insights to the leadership team to influence cost optimization strategies and competitive positioning.

• Proactively identify emerging trends in IT spend models (cloud economics, MSP outsourcing, digital platforms) and recommend strategies for OQ.

• Investment Oversight and Value Realization:

• Oversee the distribution of financial resources within IDS, assessing the financial viability of IT investments, projects, and initiatives.

• Support the evaluation of strategic IT projects, ensuring feasibility, value realization, and alignment with corporate goals.

• Partner with the PMO function to provide insights into IT investments, cost/benefit analysis, and financial impact on organizational objectives.

• Ensure IT investments are evaluated not only for cost efficiency but also for their contribution to business growth, innovation, and digital resilience.

• Establish a value realization framework that tracks benefits beyond financial returns, such as agility, innovation, and risk mitigation.

• Development:

• providing guidance, support, and professional development opportunities to the IDS Governance & Excellence team.

• Foster a collaborative and high-performance culture within the IDS Governance & Excellence, promoting innovation, knowledge sharing, and continuous improvement.

• Stakeholder Management

• Maintain periodic communication with OQ senior management and IDS clients to ensure visibility and transparency of ITFM activities.

• Act as a trusted advisor to stakeholders, enabling informed financial decision-making across IT and business units

• Enhance stakeholder influence by shaping narratives on IT cost as an enabler of business value, not just a cost center.

• Engage with external partners and benchmarking networks to bring best practices into OQ

Key interactions

Internal: Corporate IDS & OQ SAOC Streams

External: Corporate IDS Clients