Director, Finance Transformation (40001628)
Job Purpose
The job holder is responsible for leading and driving transformation initiatives at division level. The job holder is a strategic thinker with a deep understanding of finance operations and a proven track record in driving medium-large scale complex change initiatives. He/she will collaborate with various stakeholder groups and partners and take responsibility to deliver both the financial and non-financial targets through detailed planning, problem solving, timely and successful execution on every phase of the project/initiative's life cycle.
Key Accountabilities (1)
Strategic Planning:
- Develop and execute Finance's transformation strategy aligned with the company's financial goals and objectives.
- Collaborate with executive leadership to identify opportunities for process optimization and innovation.
- Assess risks associated with transformation initiatives and develop mitigation strategies to ensure minimal disruption to financial operations.
Change Management:
- Lead the change management process, driving organizational adoption of new financial processes, systems, and technologies.
- Lead change management efforts to ensure seamless adoption of new financial processes and technologies.
- Foster a culture of continuous improvement and adaptability within the finance team.
- Manage and mentor a team of finance professionals, providing guidance and support throughout the transformation process.
Key Accountabilities (2)
Process Improvement:
- Evaluate current financial processes and systems, identifying areas for improvement and efficiency gains.
- Identify inefficiencies in existing financial processes and implement improvements to enhance operational effectiveness and efficiency.
- Implement best practices and cutting-edge technologies to streamline financial operations.
Technology Integration:
- Collaborate with cross-functional teams to integrate new financial technologies and systems, ensuring seamless implementation and alignment with business objectives.
- Oversee the selection, implementation, and integration of finance-related technologies, such as ERP systems and financial analytics tools.
- Collaborate with IT teams to ensure a smooth transition and ongoing support.
Stakeholder Management:
- Engage with key stakeholders across departments, providing regular updates and gaining buy-in for transformation initiatives.
- Analyze stakeholder goals and effectively manage their expectations, addressing any misalignment.
Key Accountabilities (3)
Build an innovative and transformative culture
- Develop / Lead Division Innovation programs (e.g. Finnovate), publish digital insight content periodically, and conduct external speaker sessions on emerging trends in technology
- Develop / Lead Division Learning and Development programs (e.g. Finnext), foster a culture of learning and development, and propel the function towards a digitally enabled unit
- Champion transformation by introducing best practices from successful market players, thought leadership and create an environment where teams can collaborate well.
- Shape and deliver technology use cases, onboard suitable platforms for internal adoption.
Key Relationships - Direct Manager
Chief Finance Officer / Head of Function
Key Relationships - Direct Reports
Assigned team members
Key Relationships - Internal Stakeholders
Cross functional teams within and across projects/functions
Key Relationships - External Stakeholders
Partners providing professional services
Success Profile - Qualification and Experiences
- A Bachelor's degree or post-graduate degree in Finance and Technology, Business Management or a relevant discipline (MBA preferred)
- At least 12 years of experience in a leading bank or financial technology organization
- At least 5 years of project or managerial experience leading Finance transformation portfolio
- Experienced in senior stakeholder management,with direct reporting to Head or C-Level in previous job assignments
- Demonstrated proven expertise in driving change management initiatives and fostering a culture of continuous improvement.
- Demonstrated experience leading or supporting bespoke Finance business transformation and/or digital transformation projects
- Excellent verbal and written communication skills, with the ability to articulate complex concepts to diverse audiences.
- Experienced with or possess Project Management Professional Certificate (PMP / Prince 2 / Agile)
- Experienced with or possess advanced IT management Certificate practices (ITIL / COBIT)