Finance Transformation Job Description

Finance Transformation Job Description

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Finance transformation provides financial/business support to executive business management through the management of the annual budget process, monthly forecasting and close processes as well as project financial analysis.

Finance Transformation Duties & Responsibilities

To write an effective finance transformation job description, begin by listing detailed duties, responsibilities and expectations. We have included finance transformation job description templates that you can modify and use.

Sample responsibilities for this position include:

Prepare the materials for the Transformation Office meetings
Ensure alignment between Wave and Financials, providing support as needed
Provide savings summaries, reports and analytics related to Transformation efforts
Lead the Overheads / SG&A TO when needed and the process for headcount reduction
Provide guidance on resource allocation and assist in project managing shared resources (mainly IT)
Implementing new business processes and revenue strategies (new categories, different ways of selling )
Provide Finance support to new priority projects
Partner with NA Finance & Strategy for the Financial Planning Cycle
Participate in short and long-range forecasting/planning & analysis to drive NA sales and operating performance
Responsible for budget implications, and quarterly, monthly forecasts

Finance Transformation Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Finance Transformation

List any licenses or certifications required by the position: PMP, CPA, PMI, CSM, MBA, SAP, LEAN, CAPM, ACCA, PM

Education for Finance Transformation

Typically a job would require a certain level of education.

Employers hiring for the finance transformation job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, MBA, Business/Administration, Technical, Economics, Engineering, Statistics, Management

Skills for Finance Transformation

Desired skills for finance transformation include:

Basel II
IFRS
Advising Finance organizations on the above business processes
Organizational objectives
Financial systems
Chart-of-Accounts
Close-the-books
Financial Planning and Analysis & Financial Benchmarking
Treasury
Project management processes

Desired experience for finance transformation includes:

Provide financial leadership with analyses for specific projects or initiatives
Apply understanding of the business and its key drivers to push thinking/insight around costs/benefits of decisions
Maximize/free up resources to invest in strategic opportunities
Facilitate financial discussions between functional leaders, (i.e., supply chain, sales, marketing, and operations) and GM
Provide objective facts to drive decision support
Maintain a strong relationship with all key stakeholders

Finance Transformation Examples

1

Finance Transformation Job Description

Job Description Example
Our company is looking for a finance transformation. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for finance transformation
  • Lead all client delivery activities and discovery session that include requirements gathering and desired workflows with clients to understand and document their business needs
  • The transformation manager will drive multiple projects simultaneously in the respective sites and functional areas
  • Manage the Finance ERP programme and other Programmes to deliver transformational objectives
  • Deliver the change agenda by managing strategic programmes
  • Apply vigour and focus to lead multi discipline teams to achieve programmes objectives
  • Operate at a senior level, either at UK Exec or just below
  • Have significant impact on the success of the business in delivering its stated ambitions
  • Have impact across the whole of the UK and Ireland business, from the Executive team through to front line colleagues
  • SAP HANA end to end implementation experience
  • Extensive knowledge of Finance and Procurement Functions
Qualifications for finance transformation
  • Initiative and a proactive approach, balanced with strong business acumen
  • At least 5 years experience in Experience in SME in financial management disciplines
  • The individual is expected to develop, explain and foster best practice required to maximize in our opportunity in this area
  • The roleholder may also act as a day-to-day RBWM PMO finance point of contact for country contacts for their workstream
  • Experience of working in a cost role or a Program Reporting role within a banking environment
  • Ability to highlight problems but more importantly offer innovative and practical solutions, and drive through their execution in a collective environment
2

Finance Transformation Job Description

Job Description Example
Our innovative and growing company is looking for a finance transformation. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for finance transformation
  • Chartered accountant (ideal but not essential)
  • Financial and Benefits Management
  • Highly Resilient
  • Defining the systems and tools needed to deliver against the FIT & BATTS Roadmap(s) to ensure alignment to future state business capabilities, including influencing the business priorities, required investments and associated benefits
  • Providing effective challenge to business owners to ensure minimal viable solutions are considered and alignment to overall business and technology strategy
  • Drive the alignment of technology & tools to support the business architecture target state and align to both technology future state programs and other enterprise opportunities
  • Recommend the composition and prioritization of initiatives for senior executive sign-off within the annual Project Portfolio operating budget, including any re-prioritization and substitutions
  • Partner with external vendors and internal teams, end-users, to identify, select and implement technologies to support identified business requirements
  • Bring best practice in solution design across EMEA to all key deals
  • Document critical workflows to capture key business requirements, hand-off points, data mapping, and internal controls
Qualifications for finance transformation
  • Provides processes, guidance, structure and tools for business unit management of transformation initiatives
  • Ensures accountability and enables the predictability of the outcomes of each transformation initiative
  • The key result areas are strategy/planning, project, communication and change management, and continuous improvement performance management
  • Partners with the finance team to drive to a world class finance operating environment
  • Support operational strategies by evaluating trends
  • Aid and assist all group functional leaders in preparing the Annual Budget and Business Review, monitoring the group’s progress toward goals
3

Finance Transformation Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of finance transformation. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for finance transformation
  • From workflow documentation assist in the design of checklists to ensure compliance with required processes
  • Evaluation of SalesForce data (a CRM application) to determine and capture metrics to assess performance across various functional area
  • Assist various functional teams to process transactions, reconcile accounting records and evaluate information requests
  • Interpret business needs and be responsible for the preparation of presentations and working papers, design documents according to standard templates
  • Evaluate accounting processes, including time to close, PO process, and sales to revenue bookings processes to identify opportunities for automation, standardization and improved cycle time
  • Lead change management initiatives, partnering with Finance executives to develop and execute on integration and transformation strategies for the Finance organization
  • Devise integration strategy, gain buy-in from various internal business units and hold teams accountable
  • Act as a leader and thought partner to functional business leaders, identifying areas of opportunity and risk and developing strategies to address and drive continuous improvement
  • Manage key relationships both internally and externally during integrations, building trust and bringing together often different viewpoints to a shared solution
  • Continuously communicate project updates to executive management
Qualifications for finance transformation
  • Ideally 3-4 years post qualification experience PQE for Manager roles is required
  • 10+ years of progressive/management work experience in the Technology industry
  • Experience in either management consulting/advisory firms—with a focus on finance transformation and shared services or working in a Corporate environment with a deep understanding of accounting and business processes
  • CPA & or Master’s Degree in Accounting or Finance
  • Roll up your sleeves” and can-do attitude, energetic, forward-thinking leader with strong ability to multi-task
  • Experience with change management within a culture of growth
4

Finance Transformation Job Description

Job Description Example
Our growing company is looking to fill the role of finance transformation. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for finance transformation
  • Oversee the change management elements of the transformation to ensure that the changes are sustainable throughout the organization long-term
  • Responsible for providing leadership and oversight of the project portfolio
  • Directly manage projects, including strategy, project plan development, coordination of project team, deliverables, testing, and implementation
  • Plan and lead the execution of complex, cross-functional implementations or integrations
  • Responsible for issues and risk management, project level status communications and reporting to the project team and executive stakeholders
  • Investigate, develop, and implement solutions to complex business or project issues
  • Assist the BTL with project portfolio governance, as needed
  • Oversee the project quality assurance process for projects
  • Provide accountability for the evaluation and approval process for change requests (scope, schedule, cost)
  • Ensure consistency in approach of project management with other Finance Transformation projects, with the support of the Finance Transformation Programme Office
Qualifications for finance transformation
  • Ability to attract, develop and retain a strong talent pool for the organization
  • Excellent business acumen - making the right calls at the right time
  • Strong customer service focused
  • Think analytically, focus on the big picture, and able to drill into the detail and understand the impact
  • Flexible and able to work varied hours when necessary to accommodate global environment
  • Ability to travel on-site to clients, including over-night stays
5

Finance Transformation Job Description

Job Description Example
Our innovative and growing company is looking for a finance transformation. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for finance transformation
  • Have the business and finance knowledge to efficiently facilitate interchange and relationships between business activity, Finance Partner activity and Finance Operations activity
  • In conjunction with the Director of Finance Transformation provide thought leadership to Wage Works in the areas of process, technology and organizational improvements focused on efficient and effective solutions
  • Identify process improvement opportunities and assist with developing the strategic roadmap of finance and related initiative to build world class operations at scale
  • Support and advocate environment of continuous improvement and gain in-depth understanding of evolving business needs to increase consistency, reduce pain points and drive end-to-end process change with a focus on synergy
  • Lead initiatives to support the integration of the finance functions of acquired entities into the corporate finance function and business process structure
  • Contribute to the growth and development of people to build a high performing finance team focused on continuous improvement and best in class solutions
  • Lead the evaluation of process and systems flows for automation opportunities leveraging ERP functionality and other automation tools and represent finance in a key capacity for the NetSuites implementation
  • Responsible for ensuring all assigned projects have appropriate project documentation which includes items such as flowcharts, business process maps, narratives and actionable project plans
  • Responsible for GSC & Cluster stake-holder management, leading the reviews and evaluating success on the engagement framework, operating structure and project deliverables
  • Understands and anticipates the needs of the Business
Qualifications for finance transformation
  • Qualified accountant with ACA, CIMA or other accounting qualification, and a strong academic record
  • Exceptional collaborative team player
  • Attention to detail and ability to understand the big picture
  • Exceptional PowerPoint skills, including storyboarding
  • Strong MS Office skills, including modeling in Excel and Process mapping in Visio
  • Strategy & Operations Consulting or similar background preferred

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