Job Type:
PermanentBuild a brilliant future with Hiscox
Position: Group FP&A - Senior Manager – Transformation Office
Reporting to: Group Head of Financial Planning and Analysis
Location: London
The Role
As the Finance Lead in the Transformation Office, you will play a pivotal role in supporting the financial management and success of our large-scale transformation initiatives. This is a highly strategic role, where you will be responsible for tracking savings, challenging initiatives, and monitoring financial benefits realization against the addressable cost baseline. You will utilise your deep financial expertise to identify trends, provide actionable insights, and ensure that the financial impact of the transformation program is clearly communicated and understood across the business.
You will work closely with cross-functional teams to review and improve initiative metrics, forecast results, and highlight both risks and opportunities that could impact the program’s success. Your ability to critically analyze data and provide strategic financial guidance will be essential in driving the transformation agenda forward.
Key Responsibilities
- Track and Report Financial Benefits Realization: Ensure ongoing tracking of work stream financial benefits, comparing actual savings and financial progress against addressable cost baseline and forecasted targets.
- Financial Performance Monitoring: Identify key trends and variances that could either hinder or accelerate the progress of transformation initiatives, providing actionable insights to leadership for course correction when necessary.
- Challenge and Improve Initiative Metrics: Critically review and enhance the financial metrics for each initiative, ensuring they are robust, accurate, and aligned with the transformation goals.
- Forecasting and Scenario Planning: Lead financial forecasting for the initiatives, providing clear projections for savings, costs, and benefits realization, and adjusting forecasts as necessary based on evolving circumstances.
- Stakeholder Communication: Effectively communicate the financial impact of the transformation program to senior leadership and key stakeholders, ensuring alignment and understanding of the program’s financial outcomes.
- Risk and Opportunity Management: Proactively identify financial risks or opportunities within the transformation program and provide recommendations for mitigating risks or capitalizing on opportunities.
- Financial Governance: Ensure financial governance is maintained, including tracking, reporting, and auditing transformation financial data to ensure compliance with internal financial controls and processes.
Qualifications / Skills / Experience required
- Bachelor's degree in Finance, Accounting, or related field
- Financial certification (eg. ACA, ACCA, CPA, Chartered Accountant)
- Minimum of 7-10 years of experience in a finance-related role, with at least 3-5 years in a senior financial role within large-scale transformation or change programs.
- Strong experience in financial modelling, tracking, forecasting, and benefits realization in a complex, multinational business environment.
- Experience in challenging financial initiatives and driving continuous improvement in financial metrics.
- Advanced Financial Acumen: Deep understanding of financial principles, with the ability to critically analyze financial data and draw strategic conclusions.
- Forecasting & Scenario Planning: Proven ability to forecast and scenario-plan financial results, with an eye for detail and an ability to adjust as business conditions evolve.
- Financial Metrics & Analysis: Expertise in developing, improving, and tracking financial metrics related to savings, cost reduction, and transformation benefits realization.
- Communication: Strong communication skills, with the ability to convey complex financial data in a clear, concise, and actionable manner to senior leadership and stakeholders.
- Problem-Solving & Critical Thinking: A proactive and strategic thinker with strong problem-solving capabilities, capable of identifying trends and suggesting actions to drive financial success.
Why Join Us:
This is an exciting opportunity to be at the heart of a global transformation effort in a leading multinational business. You will have the chance to shape and influence key financial decisions that will drive the success of large-scale, high-impact initiatives. If you have a passion for finance, transformation, and making a measurable impact, we encourage you to apply.
About Hiscox
As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo, and look for solutions.
Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places. Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch. You can follow Hiscox on LinkedIn, Glassdoor, and Instagram (@HiscoxInsurance)
Hiscox Values
Our core values of Courage, Integrity, Ownership, being Human and staying Connected underpin a reputation we have earned for integrity and decent behaviour in everything we do, which we firmly believe is good for the morale of staff and for the results of the business. We believe strongly in our values and endeavour to live by them every day.
Diversity and flexible working at Hiscox
At Hiscox we care about our people. We hire the best people for the job, and we are committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.
#LI-AS1
Work with amazing people and be part of a unique culture
