AVP - IT Financial Management - Leading Financial Services Business - London - up to £70,000 + generous bonus + benefits
We are partnering confidentially with a globally recognised financial services business to recruit an Financial Management AVP - IT professional. You'll play a key role in building and managing the budgets for the Technology division, tracking expenditure, analysing variances and supporting financial decision-making for a rapidly growing IT environment.
This is a newly created role driven by growth - the organisation is undertaking several major technology programmes, bringing on more vendors and significantly increasing its overall Technology budget. You'll join a collaborative team of four, working closely with senior Technology, Procurement and Finance stakeholders in a high-visibility, strategic function.
The Opportunity
Role: AVP - IT Financial Management
Location: London
Working model: Hybrid - 2 days per week in the office
About the Organisation
Our client is a highly respected, global financial services organisation operating at the intersection of technology, data and complex market operations. The firm plays a critical role in supporting the smooth functioning of the wider financial system and partners with major financial institutions around the world. Known for its high standards, technical excellence and strong governance, the business combines the stability of an established institution with the agility of a modern, technology-driven organisation. The company has also received multiple workplace awards recognising its commitment to employee wellbeing, professional development, inclusion and high-performing culture - reinforcing its position as an employer of choice within the financial services sector.
Key Responsibilities
Financial Reporting & Cost Oversight
- Track and report on Technology division expenditure across BAU and project portfolios.
- Analyse financial variances, preparing clear commentary and insights for leadership review.
- Support monthly meetings with Finance to review Technology accounts and KPIs.
- Investigate spend trends and identify cost-saving opportunities.
Budgeting & Planning
- Create and manage budgets for the Technology organisation, ensuring accuracy and alignment with business plans.
- Support the annual budget cycle, working closely with Finance and Technology leaders.
- Provide analysis and data insights to support strategic planning and resource allocation.
Purchase Controls & Vendor Oversight
- Review purchase requisitions for Technology projects and BAU activities, ensuring correct approvals and budget alignment.
- Monitor vendor spend across an expanding supplier base.
- Ensure robust financial governance as the Technology budget grows in scale and complexity.
Office of the CIO Support
- Support approval forums for the CIO and senior leadership. Assist with cost analysis, data gathering, cleansing and interpretation.
Your Profile
- Qualified or part-qualified ACCA, CIMA or equivalent.
- Understanding of accounting principles, budgeting, cost control and financial management.
- High attention to detail and ability to spot inconsistencies in data.
- Strong communication skills with confidence engaging senior stakeholders.
- Familiarity with procurement and vendor management processes.
- Advanced Excel skills with strong financial analysis capability. Experience on Oracle desirable but not essential
- Collaborative and proactive, with the ability to bring recommendations to senior leadership and influence decisions.
What's on Offer
- Salary up to £70,000.
- Generous discretionary bonus.
- Hybrid working (2 days per week in office).
- Private medical and dental cover, plus life insurance.
- 25 days' annual leave + 3 "life days".
- Generous pension contributions.
- Enhanced parental leave and wellbeing support.
- Active diversity networks and regular social events.
