Finance Business Partner IT📣 Job Ad

About Asnad

Asnad is a proudly Saudi firm that delivers professional services across Saudi Arabia, combining deep local expertise with global best practices. The company supports organizations in navigating growth, ensuring compliance, and driving transformation within the Kingdom’s evolving business landscape.

The Role of Finance Business Partner IT

Asnad is seeking a Finance Business Partner IT to serve as a strategic link between the Finance department and the Asnad Tech organization. Based in Dammam, Eastern Region, this full-time role is crucial for enabling data-driven decision-making, ensuring financial discipline across technology investments, and supporting digital transformation initiatives.

Key Responsibilities

• Act as the primary financial advisor to the Asnad Tech leadership team.
• Provide strategic insights on IT cost optimization, ROI, and digital investment priorities.
• Support Asnad Tech in building business cases for new technologies, system enhancements, and automation initiatives.
• Track post-implementation financial benefits against approved business cases.
• Translate technical initiatives into financial impacts aligned with company objectives.
• Lead budgeting, forecasting, and long-range planning for the Asnad Tech function.
• Support Asnad Tech in developing proposals for targeted internal and/or external engagements with adequate costing and pricing models.
• Develop cost models for Asnad Tech services, including cloud, cybersecurity, infrastructure, applications, and support.
• Analyze variances, trends, and cost drivers; present findings to both Finance and Asnad Tech stakeholders.
• Continue the roll-out of Activity Based Costing across all service catalogues within Asnad Tech.
• Create financial dashboards and KPIs to monitor performance and efficiency.
• Identify opportunities for savings through vendor rationalization, license and subscription costs analysis, cloud cost optimization, and service level improvements.
• Support Asnad Tech in negotiating contracts, SLAs, and licensing agreements by providing financial insights.
• Proactively recommend improvements to enhance cost transparency and accountability.
• Support cost allocation methodologies for shared Asnad Tech services across business units.
• Support digital finance initiatives such as automation, system upgrades, ERP enhancements, and analytics platforms.
• Collaborate with Asnad Tech on data governance, financial systems performance, and process efficiency.
• Collaborate to ensure accurate accounting and reporting for Asnad Tech expenses, software capitalization, and depreciation.

Required Qualifications and Certifications

• Bachelor’s degree in Finance, Accounting, or an equivalent field.
• Professional certification such as ACCA, CA, CMA, or CPA.

Experience and Skills

• 5-10 years of relevant experience in a finance role.
• Strong understanding of IT operations, systems, and project management.
• Background or knowledge in strategy and IT technical aspects.

Work Environment

This is a full-time position located in Dammam, Eastern Region. The role requires an individual who can effectively bridge financial expertise with a comprehensive understanding of IT operations to drive strategic financial outcomes for Asnad Tech.