At a Glance
- Tasks: Lead finance transformation initiatives and manage the Phinsys platform for efficient financial processes.
- Company: Join a rapidly growing Lloyd’s Insurer with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic role with collaboration across various teams and continuous improvement initiatives.
- Why this job: Make a real impact in finance transformation while working with cutting-edge technology.
- Qualifications: Experience in finance systems, transformation programmes, and data management.
The predicted salary is between 70000 - 90000 £ per year.
We are currently partnering with a rapidly growing Lloyd’s Insurer to recruit a Finance Transformation Manager. The role combines operational management of the Phinsys platform and financial close processes with strategic leadership of finance transformation initiatives, including developing transformation roadmaps, driving system and process improvements, and aligning financial operations with broader business objectives.
Key responsibilities
- Support and manage financial close processes for data-intensive deliverables using the Phinsys system and End User Computing solutions, including spreadsheets.
- Coordinate and oversee all Phinsys data input and output activities, ensuring processes operate efficiently, accurately, and reliably.
- Manage Active Directory user setup, access controls, and ongoing system administration activities for finance applications.
- Drive and monitor the timetable for Phinsys inputs from key source data providers to ensure timely financial close delivery.
- Implement, maintain, and optimise finance processes and system configurations that support Phinsys operations and reporting.
- Lead system enhancements, releases, testing, reconciliations, issue management, integrations, and small change activities in collaboration with IT and stakeholders.
- Act as the key liaison for audits, vendor management, support ticket oversight, service credits, procurement negotiations, and quarter-end Phinsys support arrangements.
- Provide day-to-day user support, training, documentation, and specialist expertise on finance systems, reporting processes, and business operations.
- Collaborate with Finance, IT, Change Management, Data, Reserving, Reinsurance, and Underwriting teams to ensure business requirements are captured and translated into effective solutions.
- Drive continuous improvement initiatives across financial reporting, systems, processes, policies, and operational procedures.
- Support and lead finance transformation initiatives including Phinsys Phase 3C, Power BI, automation, artificial intelligence, and other strategic transformation programmes.
- Develop finance transformation roadmaps, assess change impacts, and support adoption through leadership, communication, training, and stakeholder engagement activities.
The ideal candidate should have but not limited to:
- Insurance industry background (London Market).
- Strong experience delivering transformation programmes with Phinsys.
- Significant experience in accounting, finance systems and finance transformations.
- Background managing large volumes of data using a system either in a systems role or as part of a finance role where you have acted as the subject matter expert for the team.
Finance Transformation Manager employer: Weareedenbrook
Join a dynamic and rapidly growing Lloyd’s Insurer as a Finance Transformation Manager, where you will be at the forefront of driving strategic finance initiatives in a collaborative and innovative environment. Our company fosters a culture of continuous improvement and professional development, offering employees ample opportunities for growth and advancement while working with cutting-edge technologies like Phinsys and Power BI. Located in the heart of London, we provide a vibrant workplace that values teamwork, creativity, and the pursuit of excellence, making it an exceptional place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Transformation Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your skills! If you’ve got experience with Phinsys or similar systems, make sure to highlight that in conversations. Consider creating a portfolio or a presentation that showcases your past transformation projects and how they benefited your previous employers.
✨Tip Number 3
Prepare for interviews by researching the company’s current financial processes and challenges. Think about how your background in finance transformation can help them. Tailor your responses to show you understand their needs and can drive improvements.
✨Tip Number 4
Don’t forget to apply through our website! We’re always looking for talented individuals like you. Keep an eye on our job postings and make sure your application stands out by showcasing your relevant experience and enthusiasm for finance transformation.
We think you need these skills to ace Finance Transformation Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Finance Transformation Manager role. Highlight your experience with Phinsys and any transformation programmes you've led. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about finance transformation and how your skills align with our needs. Be sure to mention specific projects or achievements that showcase your expertise.
Showcase Your Data Skills:Since this role involves managing large volumes of data, make sure to highlight your experience in this area. Whether it's through your previous roles or specific projects, we want to see how you've handled data-intensive deliverables effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us and what we do!
How to prepare for a job interview at Weareedenbrook
✨Know Your Phinsys Inside Out
Make sure you’re well-versed in the Phinsys platform. Familiarise yourself with its functionalities, especially how it relates to financial close processes. Being able to discuss specific features and improvements you've implemented or would suggest can really impress your interviewers.
✨Showcase Your Transformation Experience
Prepare examples of past finance transformation initiatives you've led or contributed to. Highlight your role in developing roadmaps and driving system improvements. Use the STAR method (Situation, Task, Action, Result) to structure your responses for clarity and impact.
✨Understand the Bigger Picture
Research the company’s broader business objectives and how the finance function aligns with them. Be ready to discuss how you can contribute to these goals through effective financial operations and transformation strategies.
✨Collaboration is Key
Emphasise your experience working with cross-functional teams like IT, Change Management, and Data. Prepare to discuss how you’ve successfully collaborated with different departments to capture business requirements and implement effective solutions.
