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  • Posted: Feb 26, 2020
    Deadline: Not specified
  • Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance a...
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    IT Cost & Vendor Management Officer


    The Team Member IT Cost & Vendor Management analyses, forecasts and reports the operational budget and CAPEX budget for the IT department, analyses technology spend, builds and manages relationships with technology vendors and ensure that vendors meet their contractual obligation and adhere to the contractual terms agreed upon, Analyses the spend on technology and works on cost optimization initiatives in line with the ICT and overall bank strategy, report on the cost of technology for clear transparency and ownership by the various account and reviews business cases for technology investments.

    Strategy & Planning

    • Budget planning encompassing capital, operational expenditure, and staff costs amongst others
    • Provide budget execution related reports to other finance functions as required
    • Assist in the development of business cases supporting the funding of IT projects and perform project profitability analysis after implementation
    • Break down IT costs into defined categories e.g. consumption based (variable technology usage: telecomm, data center), project based (initiatives) and infrastructure based (fixed cost: network infrastructure)
    • Identify IT cost drivers
    • Participate in evaluation of potential suppliers using developed and agreed criteria to support alignment and understanding of the expectations and requirements of engagement

    Acquisition & Deployment

    • Develop financial models and criteria used to evaluate alternative IT investments.

    Operational Management

    • Monitor 3rd party invoicing and deliverables as to contract adherence suggesting corrective actions Monitor budget-execution levels reporting any variances to Head of IT cost and vendor management among other bank stakeholders
    • Monitor and report on the performance of selected vendors to ensure delivery in line with contractual obligations and performance metrics set in the contracts.
    • Weekly reporting on IT budget performance
    • Liaise with procurement partners to review, report on and revise contractual agreements as necessary


    Formal Qualifications:

    • Minimum educational level – First degree in Computing Science, BBIT, Accounting,  Engineering, Operational sciences or (any other discipline with strong Information Systems component and/or relevant IT Service Management certification).
    • Post graduate qualification in Information Technology or related certifications.

     Years’ Experience:


    • Minimum of 2 years professional IT or IT Finance and Strategy


    • Knowledge of Accounting Principles and application
    • Knowledge of IT Service Management methodologies, principles, concepts, practices and processes 
    • University degree in the field of computer science, Information Tech, Electrical Engineering or business administration.
    • Relevant industry certifications (ISO20000, COBIT, ITIL etc) will be an added advantage
    • IT asset management


    • Budgeting
    • Financial Control and Governance
    • Project Management
    • Portfolio Monitoring, compiling, performance reporting (financials, non-financials)
    • Administrative ability
    • Benefit / Value assessment
    • Data gathering and analysis
    • Communication skills and reporting
    • Decision making
    • Documentation
    • Activity Based Costing Management
    • Total Cost of Ownership
    • IT objectives / scorecard
    • IT organizational design
    • Methods, standards creation
    • personnel Relationship management
    • Strong Oral and Written Communication
    • Results orientation
    • Benefit / Value assessment
    • Decision making
    • Integrity and honesty
    • Team player.


    • Strong leadership skills.
    • Excellent written and oral communication skills.
    • Excellent interpersonal skills.
    • Ability to conduct and direct research into IT issues and products as required.
    • Ability to present ideas in business-friendly and user-friendly language.
    • Ability to perform general mathematical calculations for the purpose of creating business cases, budgets, and so on.
    • Highly self-motivated and directed.
    • Keen attention to detail.
    • Proven analytical, evaluative, and problem-solving abilities.
    • Ability to effectively prioritize and execute tasks in a high-pressure environment.
    • Exceptional customer service orientation.
    • Extensive experience working in a team-oriented, collaborative environment.

    go to method of application »

    IT Program Governance/Reporting Lead


    IT Program Governance/Reporting Lead will play a supporting function to the head of IT Strategy and Governance who is responsible for the full spectrum of managing the definition and maintenance of the standards specializing in project management and its processes as well overall program governance . Will strive to standardize execution of projects. Will act as the source of documentation, guidance and metrics on the practice and effective governance of project management and execution. Will assist the PMO Head to manage the successful delivery of projects undertaken by the IT through effective management, facilitation, tracking and reporting. Will ensure the PMO governance is adheres and participate in the management of key initiatives and projects supporting the company's objectives.

    • Strategy & Planning
    • Help in developing the existing PMO into a best practice PMO to support the delivery of transformation projects and IT projects of strategic importance
    • Help ensure projects are delivered on-time, in-budget and within scope
    • Assist to manage end-to-end software development lifecycle
    • Help maintain a balance between developing standardized, best practice methods and responding flexibly through varied project delivery approaches.
    • Implement of an overarching IT project management governance framework
    • Provision of program management, change management and continuous improvement capability and expertise to support the high-quality delivery of its schedule of strategic project.
    • Reporting to the executive on the monitoring of project performance, delivery, costs, risks, benefit realization.
    • Conduct project post mortems and create a recommendations report in order to identify successful and unsuccessful project elements.Help to establish project Acquisition & Deployment
    • Help to design and deploy new portfolio project management tool. Operational Management
    • Continuous monitoring of project performance
    • Weekly reporting of project performance
    • Quarterly reporting of benefits realized on completed projects
    • Proactive monitoring and escalations of projects behind schedule
    • Ensuring adequate reporting of project status by project managers
    • Monthly publishing of project manager’s scorecard
    • Weekly reporting on IT budget performance


    • Minimum educational level – First degree in Computing Science, Engineering, Operational sciences or (any other discipline with strong Information Systems component and/or relevant IT Service Management certification).
    • Post graduate qualification in Information Technology or related certifications Years Experience
    • Minimum of 2 years project management Experience with a minimum of 1 year IT experience in a mature technology environment

    Method of Application

    Use the link(s) below to apply on company website.


    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    View All Vacancies at Equity Bank Kenya Back To Home
Average Salary at Equity Bank Kenya
KSh 61K from 82 employees

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