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
✨Tip Number 1
Network with professionals in the finance transformation space, especially those who have experience in consultancy. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in finance systems and processes.
✨Tip Number 2
Familiarise yourself with the specific finance systems mentioned in the job description, such as Oracle, SAP, and Anaplan. Consider taking online courses or certifications to deepen your understanding of these tools and demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss your previous experiences in finance transformation projects during interviews. Be ready to share specific examples of how you've successfully integrated finance systems and improved processes in past roles.
✨Tip Number 4
Research the company culture of the consultancy you're applying to. Understanding their collaborative approach will help you tailor your conversations and show that you align with their values, making you a more attractive candidate.
We think you need these skills to ace Finance Transformation Lead/Senior Hire (Partner/Director) – Consultancy Practice in Slough
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in finance transformation, particularly within the insurance sector. Emphasise your knowledge of finance systems like Oracle or SAP and any relevant projects you've led.
Craft a Compelling Cover Letter:In your cover letter, demonstrate your understanding of the consultancy's goals and how your skills align with their needs. Mention specific examples of how you've successfully implemented finance strategies in previous roles.
Showcase Relevant Competencies:Clearly outline your core competencies related to finance processes, data integration, and operating models. Use bullet points for clarity and ensure you relate them back to the job description.
Proofread and Edit:Before submitting your application, thoroughly proofread your documents. Check for spelling and grammatical errors, and ensure that your formatting is consistent and professional.
How to prepare for a job interview at Hanover
✨Showcase Your Finance Systems Knowledge
Make sure to highlight your in-depth knowledge of finance systems like Oracle, SAP, and Anaplan during the interview. Be prepared to discuss how you've integrated these systems within previous roles, especially in the context of insurance organisations.
✨Demonstrate Your Strategic Thinking
Since the role involves developing comprehensive finance transformation strategies, be ready to share examples of how you've successfully implemented such strategies in the past. Discuss the challenges you faced and how you overcame them to achieve desired outcomes.
✨Emphasise Collaboration Skills
Given that a collaborative approach is essential for this role, prepare to discuss instances where you've worked with cross-functional teams. Highlight how you ensured integration of finance systems with other business processes and the positive impact it had on project outcomes.
✨Prepare for Regulatory Compliance Questions
As compliance with regulatory requirements is crucial, brush up on relevant regulations and be ready to discuss how you've ensured compliance in your previous roles. This will demonstrate your understanding of the importance of internal controls in finance processes.
