AVP, Finance Transformations
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Job Summary
Join our dynamic Finance Transformations team as the SAP Financial Services in Collections and Disbursements (FSCD) Leader driving continuous improvement in our insurance subledger accounting processes. This pivotal role will be responsible for the SAP FSCD module coordinating between Finance and IT to optimize payment processing and collections management across our growing global insurance operations.
Key Responsibilities
- Lead FSCD transformations: Take full ownership of continuous improvement initiatives for the SAP FSCD module including master data management collections disbursements and integration with Policy Management Claims and Reinsurance systems.
- Coordinate cross-functionally: Act as the primary bridge between Finance and IT teams to implement configurations upgrades and required customizations.
- Monitor upgrades and impacts: Stay current on SAP FSCD enhancements and assess implications for our SAP landscape ensuring seamless adoption.
- Drive projects end-to-end: Apply project management skills to deliver transformations in areas like automated overdue notifications straight-through payment processing automated cash application and reporting/analytics for outstanding balances and aging.
- Optimize business processes: Work closely with various regional functional leaders to enhance collections management and streamline disbursements for insurance lines of business.
- Internal controls: Ensure internal controls are established and maintained over end-to-end processes to support audit readiness and compliance.
Qualifications & Experience
- Minimum 7 years hands-on SAP FSCD experience in insurance environments with deep expertise in subledger accounting open item management and payment processing.
- Experience with SAP Business Technology Platform (BTP) is a plus. BTP is being used to support streamlining integrations automating business processes and extending SAP solutions to meet organizational needs.
- Proven project management skills with a track record of leading transformations.
- Qualified accountant or qualified by experience preferred; strong understanding of insurance finance processes.
- Effective verbal and written communication skills with proven ability to collaborate with internal Finance/IT teams and external clients/stakeholders.
- Detail-oriented with strong organizational skills and a demonstrated ability to meet strict reporting deadlines in fast-paced environments.
- Strong analytical and problem-solving skills excellent time management and ability to work independently or as part of a team.
- Self-starter capable of increasing responsibility: Perform day-to-day activities with high independence including overtime as needed to meet project deadlines
What We Offer
- Report directly to SVP Global Head of Finance Transformations.
- Opportunity to shape cutting-edge SAP Insurance solutions in a collaborative environment.
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
Allied World Assurance Company Holdings assures its clients that everything is well insured. In the US its insurance products include general property/casualty coverage as well as specialty products such as environmental, health care, and professional liability coverage targeted to sm ... View more
