At a Glance
- Tasks: Lead finance transformation strategies and oversee system integrations for insurance clients.
- Company: Join a top FTSE250 consultancy expanding its Finance Transformation practice.
- Benefits: Enjoy a collaborative culture with opportunities for professional growth and development.
- Other info: This role offers a chance to influence a new business arm within a leading consultancy.
- Why this job: Be part of a pioneering team shaping the future of finance in the insurance sector.
- Qualifications: In-depth knowledge of finance systems and processes, with experience in data integration.
The predicted salary is between 72000 - 108000 £ per year.
Overview
- Our client is a leading FTSE250 consultancy, who is looking to build out their Finance Transformation practice with a senior appointment.
- This initiative is part of the Group’s strategy to establish a new business arm – initially focused on the insurance consulting market, with scope to broaden into Financial Services.
- Their new practice will support clients across Actuarial, Finance Transformation, Data & Analytics, and Reporting. To date, the Actuarial and Data & Analytics capabilities have been built out, with acquisitions and industry-leading hires accelerating their path toward becoming a market-leading consultancy.
- Culture is a key priority for our client, and a collaborative approach is essential.
Role Objectives
- Develop and implement comprehensive finance transformation strategies tailored to the needs of insurance clients
- Oversee the integration of finance systems (e.g. ERM, EPM, etc) and supporting data models into efficient finance processes integrity within client environments
- Develop solutions to achieve enhanced finance working day timetables and ensure timely and accurate financial reporting
- Design and implement finance target operating models to enhance the overall cost efficiency and effectiveness of these functions
- Collaborate with cross-functional teams to ensure integration of finance systems with other business processes
- Ensure finance systems compliance with regulatory requirements and internal controls
- Monitor project performance and report on progress, outcomes, and benefits realization
Core Competencies
- Finance Systems: In-depth knowledge of finance systems (e.g. accounting ledger, FP&A etc.) such as Oracle, SAP, Anaplan etc. and their integration within insurance organizations
- Finance Processes: Expertise in finance processes and procedures, including financial reporting and compliance
- Timetables & Reporting: Familiarity with finance working day timetables and reporting requirements
- Data Integration: Strong experience in integrating finance systems with data models and ensuring data integrity
- Operating Models: Experience in designing and implementing finance target operating models
Finance Transformation Lead/Senior Hire (Partner/Director) – Consultancy Practice in Slough employer: Hanover
As a leading FTSE250 consultancy, our client offers an exceptional work environment that prioritises collaboration and innovation within the Finance Transformation practice. Employees benefit from a culture that fosters professional growth through diverse projects in the insurance consulting market, alongside opportunities to shape the future of financial services. With a commitment to employee development and a focus on building a market-leading consultancy, this role provides a unique chance to make a significant impact while enjoying a supportive and dynamic workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Transformation Lead/Senior Hire (Partner/Director) – Consultancy Practice in Slough
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Hanover. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Transformation Lead/Senior Hire (Partner/Director) – Consultancy Practice in Slough
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hanover.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Hanover's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Hanover
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hanover.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Hanover will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Hanover employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
