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Finance Improvements Workstream Lead

Date: 20-Nov-2020

Location: Wilmslow, GB Edinburgh, GB

Company: Royal London Group

 

Job title:                              Finance Improvements Workstream Lead

 

Location:                             Wilmslow/Edinburgh

 

Contract type:                     12 months (FTC)

 

Closing date:                       4th December 2020

 

 

At Royal London we want to attract the best talent to help us achieve our vision of becoming the most trusted and recommended financial company in the UK. We are the largest mutual life, pensions and Investment Company in the UK. 

 

Maintaining the Spirit of Royal London is of paramount importance to us as we face new and different ways of working. That is why we are embracing technology throughout our recruitment process to support interactions. As you embark on your journey with us will engage with you via email, telephone and video to ensure we all remain safe. We are committed to wellbeing and at this challenging time, it remains our priority. 

We currently have a new opportunity for a work stream lead to join us in supporting the Future of Finance activity planned for the Business Finance area of Group Finance.

 

This is an excellent opportunity as you will have responsibility for the delivery of four key work packages, including:

  • The development and implementation of a new strategic planning and forecasting tool.
  • Defining and developing KPI and MI reporting.
  • Short term process improvements across the team.
  • Cost allocations process and approach review.

This role will see you working within a fast-paced, dynamic and changing environment where you will take ownership of issue resolution between both internal and external parties.

 

Key Accountabilities:

 

  • Responsible for driving day to day delivery of activity across the four main Future of Finance work packages within the Business Finance area:
    • Implementation of the strategic planning and forecasting solution
    • KPI  / MI reporting
    • Short term process improvements
    • Cost allocations
  • Finance content input to initial issues, shaping potential solutions to reduce strain on business content lead and SMEs by answering queries where possible and escalating to others where required for agreement on solution.
  • Provides Finance based initial challenge to proposed solutions – checking consistency of proposals across the work packages and delivery element and ensuring alternatives have been considered.
  • Identifying resources required and proactively considering the forward-look view to ensure additional or SME resources are identified in a timely manner to support delivery.
  • Works closely with programme PMO to ensure resource plans and milestones remain achievable, capture dependencies and ensure appropriate SME’s are involved at the correct time throughout the programme.
  • Ensure key design decisions are made by Royal London in the best interest of our vision for Finance engaging BAU role holders in Business Finance to ensure this is achieved.
  • Take ownership of programme status reporting to relevant governance forums, along with timely updates to RAID logs.

 

Skills and Experience:

 

  • Strong understanding of the financial drivers and methodologies for UK Life and Pensions organisations in aggregate and at Business Unit/product level.
  • Significant relevant industry experience with a demonstrable track record of undertaking similar roles.
  • High level influencing skills with proven success in influencing directors and senior managers in a large financial services business.
  • Ability to communicate complex financial matters clearly and precisely.
  • Excellent experience in shaping, driving and implementing required functional and technical knowledge across financial services organisations.
  • Direct experience of improving operational finance team capabilities, and delivering finance change initiatives.

 

Essential:

 

  • Strong understanding of life insurance financial reporting (planning and forecasting);
  • Excellent planning, coordination and organisation skills with the ability to self-manage.
  • Excellent presentational skills and positive leadership and team building qualities.
  • Ability to build, maintain and develop Stakeholder relationships using developed influencing skills.
  • Organised with the ability to prioritise and delegate work to efficiently accomplish tasks and meet objectives.

 

Desirable:

 

  • Excellent commercial acumen - sound working experience of Royal London's operating model;
  • Proven track record of implementing significant finance change activity; and
  • Decisiveness, confidence and resilience.

 

What we offer:

 

  • We've always been proud to reward employees by offering a number of benefits such as Pensions and Protection, Performance and role-related benefits, Lifestyle and Wellbeing 
  • Our People Promise is something we live up to every day. We know we can rely on you, and you can expect plenty from us in return.
  • Glassdoor have again ranked as among the best places to work in the UK 

 

Our culture is welcoming, friendly, and flexible and we aim to make you always feel included. We are an equal opportunities employer which means we believe in embracing difference as it makes us collectively stronger. Our diverse people bring us different skills – whatever their educational background, disability, gender, age, sexual orientation, race, religion or belief.

 

We also welcome applications from individuals who have taken an extended career break or those who are transitioning from different sectors. To support this we are always open to discussing flexible working to give you the freedom to be your best. It’s what makes Royal London a great place to work.

 

The first pillar of our People Promise is designed to make sure you 'work somewhere inclusive'. We want to live up to this promise; it’s good for our people and good for our customers too, because our workforce should reflect our communities.

 

 


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