STO Finance Lead

STO Finance Lead

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial management for our change portfolio and support project managers with budgeting.
  • Company: Join Pension Insurance Corporation, a leader in financial services focused on transformation.
  • Benefits: Enjoy private medical insurance, 28 days annual leave, and a generous pension scheme.
  • Why this job: Be part of a dynamic team driving impactful change in the finance sector.
  • Qualifications: Qualified accountant or equivalent experience in change financial management required.
  • Other info: Opportunity to manage a team and influence key financial decisions.

The predicted salary is between 43200 - 72000 £ per year.

PIC is looking for a finance professional with experience working in Change functions. The role sits within PIC's central portfolio team, the Strategic Transformation Office, and is responsible for the financial management of the portfolio budget. Focus on portfolio level analysis and activities, specifically related to the budget and financial management.

Key Responsibilities:

  • Financial planning and analysis for the change portfolio - set the standard for budget setting and tracking, ensuring assumptions are consistent across the portfolio. This includes the annual portfolio budgeting, supporting project managers with their individual budgets, and the analysis in between.
  • Benefits management - Set the standards for good quality benefits management including quantifying them, tracking changes, and measuring realization after project delivery.
  • Project Discovery and Business cases - Work with business owners and change colleagues to produce good quality cost estimates and articulate financial cases at each stage of the project lifecycle.
  • Partnerships - Build strong collaborative relationships.
  • Reporting – translating project and portfolio finances into helpful analysis that drives better decision making by our governance bodies.
  • Line management - Line management of one STO administrator.

Minimum Requirements:

  • Ideally a qualified accountant or demonstrable experience of working at a similar level with:
  • Technical: Excellent experience working in change financial management. Experience of working in change functions at a portfolio level, as well as projects and programmes. Experience of financial services, insurance or pensions or working in a similarly regulated environment. Strong understanding of change governance and portfolio management methodologies. Strong understanding of financial planning, analysis and financial management methodologies and techniques. Strong understanding of finance change benefits management methodologies and approaches. Good understanding of Programme and Project Methodologies; including, Waterfall, Agile and Hybrid.
  • Personal: Strong organisational skills. Strong communication skills. Ability to persuade and influence both directly and indirectly. Ability to manage people and other resources effectively. Ability to organise work to meet deadlines. Ability to work within defined procedures as recommended by functional teams. Commercial judgement.

In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.

STO Finance Lead employer: Pension Corporation

Pension Insurance Corporation is an exceptional employer that prioritises employee well-being and professional growth. With a strong focus on financial management within the dynamic environment of the Strategic Transformation Office, employees benefit from a collaborative work culture, comprehensive training opportunities, and a competitive benefits package including private medical insurance and generous annual leave. Join us to be part of a team that values innovation and excellence in the financial services sector.
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Contact Detail:

Pension Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land STO Finance Lead

✨Tip Number 1

Familiarise yourself with the specific financial management methodologies mentioned in the job description, such as Agile and Waterfall. Understanding these frameworks will help you demonstrate your expertise during interviews and discussions.

✨Tip Number 2

Network with professionals in the finance and change management sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the role and potentially refer you to opportunities at PIC.

✨Tip Number 3

Prepare to discuss your experience in benefits management and how you've successfully tracked and measured project outcomes in previous roles. Being able to share specific examples will set you apart from other candidates.

✨Tip Number 4

Research Pension Insurance Corporation's recent projects and initiatives. Understanding their strategic goals and challenges will allow you to tailor your conversations and show how your skills align with their needs.

We think you need these skills to ace STO Finance Lead

Financial Planning and Analysis
Budget Management
Change Financial Management
Benefits Management
Cost Estimation
Financial Case Articulation
Portfolio Management Methodologies
Project Management Methodologies (Waterfall, Agile, Hybrid)
Strong Communication Skills
Persuasion and Influence
Organisational Skills
Line Management
Commercial Judgement
Analytical Skills
Collaboration and Relationship Building

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in financial management, particularly in change functions. Use specific examples that demonstrate your skills in budget setting, financial analysis, and benefits management.

Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for the STO Finance Lead role. Mention your understanding of financial planning methodologies and your experience with portfolio-level analysis. Be sure to convey your enthusiasm for working with PIC.

Highlight Relevant Experience: When detailing your work history, focus on roles where you managed budgets or worked within change functions. Emphasise your ability to build collaborative relationships and your experience with project methodologies like Agile and Waterfall.

Showcase Soft Skills: Don't forget to mention your strong organisational and communication skills. Provide examples of how you've influenced decision-making or managed teams effectively, as these are key personal attributes for the role.

How to prepare for a job interview at Pension Corporation

✨Showcase Your Financial Acumen

Be prepared to discuss your experience in financial management, particularly in change functions. Highlight specific examples where you've successfully managed budgets and conducted financial analysis, as this role heavily focuses on these skills.

✨Demonstrate Understanding of Change Governance

Familiarise yourself with change governance and portfolio management methodologies. Be ready to explain how you've applied these concepts in previous roles, especially in regulated environments like financial services or insurance.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-world scenarios. Think of situations where you had to influence stakeholders or manage resources effectively, and be ready to share how you navigated those challenges.

✨Emphasise Communication Skills

Strong communication is key in this role. Prepare to discuss how you've built collaborative relationships in the past, and provide examples of how you've translated complex financial data into actionable insights for decision-makers.

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