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Senior Transformation Finance Business Partner

Job Introduction

The Transformation Senior FBP will be working directly with Director of Transformation and People and Culture Change Lead, providing end to end financial oversight and analytical support on five year transformation covering multiple work streams including Target Operating Model, Digital transformation, new Tech platform implementation and Process Improvement. This is a high exposure position with opportunity to interact directly with executive leadership team on a daily basis, shaping the future of MPS.

We are looking for someone who can independently lead and advise on all financial aspects, including strategic planning, prioritisation, business case development, forecast and cost and benefit tracking and who has strong track record of effective key stakeholder engagement , ability to understand the strategic picture, while demonstrating attention to details and promoting /embedding financial control into business processes.

Main Responsibilities

* Develop financials for 5 year transformation plan including cost, benefits and ROI/payback

* Partner with Transformation Office to develop financial governance and processes on project spend tracking, prioritisation, change request, forecasting and annual budgeting.

* Provide inputs into business case development, including standardised rates, capitalisation assessment and consistency in cost and benefit definition and return metrics calculation.

* Review and challenge business case assumptions working directly with business case sponsors

* Project spend tracking and governance - partner with program vendor management to ensure accuracy of external spend and with PMO on time recording of internal resource (with annual rate validation)

* Provide monthly Exec update on financial performance of transformation program vs Plan, including actual and forecast with understanding of reasons for deviation and actions

* Partner with FP&A, P&C and Financial Controller to implement changes to planning/forecasting, reporting processes and systems, including Plan overlay, financial reporting hierarchy change, cost allocation methodology as a result of TOM

* Set up benefit tracking mechanisms and governance process

* Support Executive review/dashboard/reporting related to Transformation program and TOM progress/performance

* Manage TMO non program cost financials

The Ideal Candidate

* Significant FBP experience focusing on Technology/Digital Transformation, large scale Target Operating Model and process improvement

* Gravitas to interact directly with Executives across different divisions – ability to influence and challenge constructively

* Experience working with PMO and TMO to deliver transformation program financial impact, including business case development, governance and benefit sizing and tracking

* Experience working with People and Culture or other organisation design partners to implement new TOM

* Ability to navigate through ambiguity and change environment and initiate/set up new processes where necessary

* FP&A experience – understanding of FP&A systems and planning processes

About The Company

Medical Protection Society (MPS) is the world’s leading protection organisation for Doctors, Dentists and healthcare professionals. We protect and support the professional interests of almost 300,000 Members around the world.

We are a not-for-profit organisation, meaning our Members’ premiums are kept safe should our Members require support for complaints or claims arising from professional practice, or invested into bettering the organisation, our colleagues and our products.

Our philosophy is to support safe practice in medicine and dentistry by helping to avert problems in the first place. We also actively campaign for regulatory and legal reforms that benefit Members and the wider healthcare professions.

To do this, we need colleagues who are trusted and supported to deliver their best work, whether that be through leadership development, fully-funded training courses or peer-to-peer support. We want our colleagues to feel empowered enough to deliver positive change, display ambition to push themselves and are determined when faced with a challenge, whilst ensuring our Member’s best interests are at the core.

Next Steps

If you are interested in finding out more, looking for a new role and want to join an organisation that truly values its employees, take a look at the role profile to find out more about the role to apply.

Our Talent Acquisition team are always on hand should you have any questions, are having any technical issues or wish to understand how MPS can support you with your application and interview

Senior Transformation Finance Business Partner