Senior Manager, Finance Transformation, Business Consulting
Posted 5 hours 4 minutes ago by Ernst & Young Advisory Services Sdn Bhd
Location: London
Other locations: Primary Location Only
Date: 18 Jul 2024
Requisition ID:
Senior Manager, Finance Transformation, Business Consulting
London
EY is seeking a Senior Manager with a strong delivery track record in Finance Transformation to join our Finance Business Consulting team. You will be part of a growing and diverse team that combines business implementation, systems integration, and financial modelling capabilities working across the Financial Services market. You will gain experience working across the spectrum of Finance Transformation and be part of us taking our business to the next level embracing exciting advances in technology and data to solve our clients' business challenges.
This position demands a highly adaptable and flexible individual capable of navigating a diverse range of client issues, as the nature of the program's work is varied. The ideal candidate should be at ease assuming various delivery roles and tackling the associated challenges inherent to this role.
The opportunity
The Finance Business Consulting team is looking for a Senior Manager with a strong delivery track record in Finance Transformation who can leverage business and technology-based solutions to deliver outcomes for our clients. You will specialise in Target Operating Model design & implementation across Banking, Capital Markets or Insurance.
You will be offering valuable insight and advice to clients to support them in making strategic and operational decisions about their businesses. You will also lead business and practice development of the Finance Business Consulting team helping drive the internal operations within the team.
Prior consulting experience is a must, with a strong track record in delivering Finance Transformation programmes in the Financial Services Industry.
Your key responsibilities
As a Senior Manager, you will be working alongside EY's leadership in delivering a variety of Finance Transformation work across an organisation's Business Architecture.
Specific responsibilities include but are not limited to:
- Leading on large and complex end-to-end Finance Transformations for clients in the Banking, Capital Markets or Insurance sector.
- Run requirements gathering, assess the As Is Organisation Structure, Processes & Controls and existing Operating Model.
- Working Day Timetable design with delivering an accelerated Working Day Close.
- Lead design workshops and understand the client's business requirements and translate these to a leading practice process and business design.
- Leading and implementing Business Readiness and Change Management to support the client into Go Live and Business as Usual (BAU).
- Take charge of large workstreams or small engagements as part of being a Senior Manager at EY.
- Manage delivery teams including reviewing/challenging outputs produced by team members and providing guidance to junior team members.
- Foster a culture that encourages innovation by being a leader in this area, implementing new and improved ways of working, delivery models and/or technological advancements.
- Develop and nurture strong internal and external networks for long-term relationships.
- Training, coaching, and supervising junior employees as well as monitoring their availability, chargeability and supporting the development of less utilised members.
- Take responsibility for the financial management of client engagements.
- Lead business development activities to help identify and research opportunities on new/existing clients, leading proposals and bid teams, and managing the development and delivery of high-quality proposals.
Skills and attributes for success
The ideal candidate will possess strong knowledge of Finance Transformation, including aspects like Business Design, Organization Design, Process & Controls, and strategies for Change Management & Business Readiness, with experience in delivering related projects. You must have excellent communication skills, a high level of commitment, the ability to handle pressure, and demonstrate leadership and problem-solving abilities in complex financial environments. Additionally, familiarity with Finance Technology applications, a commitment to quality delivery, and proficiency in PowerPoint, Excel, and Visio are essential, along with the capability to manage senior stakeholder relationships effectively.
To qualify for the role you must have some or all of the following:
- Prior consulting experience is mandatory, ideally encompassing time spent in a Big 4 or top tier consulting firm.
- Prior experience delivering on large scale Finance Transformation Programmes within Financial Services preferably Banking & Capital Markets.
- Business Architect/Lead on Finance Transformations delivering "business focused" aspects of a client's Target Operating Model - Organisation Design (People), Process & Controls, Working Day Timetable, Change Management, Training and Business Readiness.
- An understanding of how Finance Technology is used to solve our client's business problems, work with our technology partners to support the design and implementation of various technology solutions (low code through to ERP/EPM capability) as the business design lead.
- Finance Transformation Experience including:
- As Is assessment of a client's operating model.
- Identification of pain points and requirements to underpin a Finance Transformation.
- Target Process Taxonomy and Process design (Level 1 - Level 4 Processes design).
- Leading Practice Controls Framework and Finance Controls.
- Understand the Working Day Timetable and be able to redesign/improve timelines.
- Understanding of processes around Finance - Risk, Front Office, IT etc.
- Standard Operating Procedures.
- Be able to deliver a Business Design which will deliver to the client's vision - increased automation & standardisation, reduced manual processes, reduced cost, leading practice processes and organisation design.
- Experience of 3-4 Finance Transformations in the financial services sector - preferably Banking & Capital Markets.
- An understanding of a typical operating model in Financial Services, what is leading practice and how this can be achieved.
- Confident to deliver the necessary outputs and deliverables across all Finance Transformation phases - Business Case/Discovery, Design & Implementation, Business Readiness, Testing, Training, Go Live and Post Go Live Support (Warranty).
What we look for
We are interested to hear from people with the right attitude for the job! You need to be comfortable with flexibility and adaptability, as your role will vary across different clients and programs. It's important to be able to adjust seamlessly and effectively tackle the diverse challenges presented by our clients. You should have a passion for staying current with industry trends and advancements, embracing and implementing cutting-edge technologies, reporting standards, and trends within Financial Services, such as AI, ESG, and cost reduction strategies.
What working at EY offers
We offer a competitive remuneration package where you'll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.
Plus, we offer:
- Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It's yours to build.