Sompo International
AVP, Finance Transformation
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Job Description
Are you looking for your next opportunity? Sompo has a unique opportunity for an AVP, Finance Transformation in our Finance Change team. This role is responsible for identifying, assessing, and leading various process and technology improvement initiatives with a focus on continuous improvement. They will be required to work with other Finance resources and a cross-functional team from the broader business and IT during the execution of finance transformation projects.
The ideal candidate will be a critical thinker who is able to independently translate general business requirements into achievable projects and ensure these changes align to the strategic vision of the Finance function.
Location
This position will be based out of our New York City, Morristown, NJ, Purchase, NY, or London, UK offices.
Our Business, Your Impact, Our Opportunity
What You’ll Be Doing
- Responsible for supporting the development of the finance transformation strategy within Finance Change and leading cross-functional projects.
- Serving as a key member of the project team and working with cross-functional business partners to analyze, design, and implement end-to-end Finance processes solutions that drive standardization, efficiency, and effectiveness/quality of processes to meet business requirements, compliance with statutory government regulations, and accounting.
- Leading process walkthroughs for the appropriate functional area to ensure business understanding, and drive adoption of the solution.
- Ensuring global processes are standardized and consistent to leading practice.
- Providing advice when deviations from the standard global process are required.
- Identifying and tracking risks, defining mitigation and contingency plans, identifying resources to mitigate and communicate.
- Providing input into the development of technical solutions to support and automate processes.
- Supporting the implementation of the E2E process through analysis of change impact, building business readiness, tracking readiness through implementation, and working with the appropriate delivery organization to ensure implementations are anchored.
- Providing specific input to the development and review of testing and training materials and delivery.
- Partnering with change management to ensure process and change messages are consistent and clear.
What You’ll Bring
- Experienced transformation analyst with at least 10+ years’ experience.
- Significant knowledge of accounting and finance best practices and experience participating in, or leading, transformation projects to help companies optimize all elements of their accounting and finance organization.
- Strong background in core financial processes RTR, OTC, PTP, FPA required.
- Experience with SAP preferred.
- Background in the P&C insurance and/or reinsurance industry preferred.
- Strong management skills with experience leading technical and non-technical resources in a matrix management environment.
- Has operated across multiple geographies and cultures.
- Ability to confidently engage with senior-level managers/executives and build strong relationships with key stakeholders.
- Strong communication and facilitation skills with an ability to effectively manage cross-functional team discussions.
- Organized, highly motivated, and driven self-starter with the ability to work independently and collaborate effectively as part of a high-performing team.
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Salary Range
$140,000 – $185,000 USD or $85,000 - $100,000 GBP
Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.
The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.
Below is a summary of our current comprehensive U.S. benefit programs:
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
- Pharmacy benefits with mail order options
- Dental benefits including orthodontia benefits for adults and children
- Vision benefits
- Health Care & Dependent Care Flexible Spending Accounts
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
- Company-paid Disability benefits with very competitive salary continuation payments
- 401(k) Retirement Savings Plan with competitive employer contributions
- Competitive paid-time-off programs, including company-paid holidays
- Competitive Parental Leave Benefits & Adoption Assistance program
- Employee Assistance Program
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits
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In Today’s World, What Do We Stand For?
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise.
Click here to learn more about life at Sompo.
Equal Opportunity Employer
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
About Sompo
We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.
“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.
To learn more, please follow us on LinkedIn or visit sompo-intl.com.
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