FB&R Sub Ledger Process Manager

Our client operates in the Financial sector, with its headquarters rooted strongly in the United States. It has its branches spread to more than 160 countries, providing employment to more than 200k people all over the world. They fall in the Top 15 largest Banks in the United States. Its core business is to provide various Banking and Financial services to its clients. It is known to have one of the biggest balance sheet banks in the world (among others) aiding it to offer 360-degree financial services to its clients.

Responsibilities:

• Support the definition and execution of FB&R Instrument Sub-ledger strategy and related workstreams sub-ledger including operating model, process and controls
• Work with existing sub-ledger platforms to identify key use cases and user stories for integration into strategic ledger and roadmap to decommission legacy capabilities and platforms.
• Partner with Finance Data Initiative to coordinate alignment of FB&R Sub-ledger and Data transformation priorities.
• Partner with Accounting Transformation director to coordinate alignment of Accounting Hub and sub-ledger functionality.
• Working with Product Control, Financial Control and operational stakeholders to identify further transformation opportunities and MVPs.
• Participate in strategic ledger governance and ensure alignment of workstream deliverables
• Manage workstream intra- and inter-dependencies across business stakeholder groups
• Represent workstream in key CO governance meetings including ICG,CGB, CAO and Finance forums.
• Manage workstream level metrics and business cases including risk reduction and efficiency measures.
• Support workstream communications, prepare and present FB&R updates to senior management forums.

Requirements:

• Detailed knowledge of business and products
• Detailed understanding of accounting concepts, both US GAAP/IFRS
• In depth Knowledge Oracle, SAP or similar ledger platforms including instrument sub-ledger capabilities (e.g. OFSAA, AHCS) and sub-ledger data, process and operational design.
• Experience with operating model design and shared services methodologies
• Strong network of senior finance, shared services and business/operations stakeholders, with the ability to influence senior Finance, Business and Operations senior management at MD level
• Ability to partner with other functions to drive the design and implementation of new ledger Governance, processes and controls
• A strong track record in driving global change within a finance function, with significant experience with process re-engineering / process improvement, design and implementation of finance processes.
• Experience of agile / hybrid program methodologies, with track record of delivering in agile
• Ability to communicate effectively, both written and verbal, across organizational levels, functions and regions
• Understanding of the regulatory and control requirements around ledgers including ICOFR and SOX.

Qualifications & Skills:

• Bachelors’ degree in Finance, Accounting, Business, Management or related field
• Significant experience in Process re-engineering and current/target state process mapping
• 10+ years of relevant work experience with global corporations and financial services experience gained in Banking or in an associated consulting role
• 8+ years of experience in implementing Technology Enabled Transformation or Digital Transformations in the Financial Services industry
• Proven track record of significant organizational transformations and SaaS enabled ERP transformations (Oracle, SAP, Workday)
• 10+ years’ experience in successfully managing complex projects and programs which include external suppliers through the full project lifecycle, from conception through rollout and ongoing support.
• High proficiency with Microsoft Office Suite, particularly Excel for reporting and PowerPoint for presentation development

Preferred:

• Experience with SaaS enabled ERP transformations (Oracle, SAP, Workday)
• Leadership Experience as a Process or Product Owner within a Chief Accounting Officer, Controllership and Finance Shared Services Organization is preferred.
• Project Management certifications e.g., PMP (Project Management Professional), Agile Certifications or equivalent is a strong plus.

Education:

• Bachelors’ degree in Finance, Accounting, Business, Management, Engineering, or related field is required