Finance Operations Manager - The Boston Consulting Group
Boston, MA
About the Job
Position Overview
This role sits within the L-A-B Accounting and Operations team and reports directly to the Senior Finance Manager. The primary responsibility will be the day-to-day management of Finance Operations in L-A-B system (London – Amsterdam – Brussels) which includes Source to Pay (S2P), Travel and Expenses (T&E), Corporate card processes, regulatory reporting and other ad hoc finance operation matters. Amongst other tasks, the Finance Operations Manager will also be responsible for the oversight of Senior Advisor program for L-A-B System. The core objective of this role is to efficiently manage these functions and provide insightful reporting with advanced analytics to ensure delivery of high-quality services that meets the needs of the Finance leadership team and other stakeholders.
What will you do
Main duties will involve:
This role sits within the L-A-B Accounting and Operations team and reports directly to the Senior Finance Manager. The primary responsibility will be the day-to-day management of Finance Operations in L-A-B system (London – Amsterdam – Brussels) which includes Source to Pay (S2P), Travel and Expenses (T&E), Corporate card processes, regulatory reporting and other ad hoc finance operation matters. Amongst other tasks, the Finance Operations Manager will also be responsible for the oversight of Senior Advisor program for L-A-B System. The core objective of this role is to efficiently manage these functions and provide insightful reporting with advanced analytics to ensure delivery of high-quality services that meets the needs of the Finance leadership team and other stakeholders.
What will you do
Main duties will involve:
- Oversee all aspects of the S2P, T&E and Corporate card processes.
- Work closely with the In-house shared service team (GFOS AP, T&E and R2R) teams providing first point of contact for complex issue escalation and resolution.
- Perform regular transactions and reporting audits to ensure compliance with the Purchasing and T&E policies.
- Conduct advanced analytical and investigative review/reconciliations of transactions to ensure accurate, timely and insightful reporting to support decision-making.
- Design compelling analytical reporting tool that draws insights and provides insightful reporting to finance senior leadership team.
- Review the weekly payment run batches and proposals (domestic and international) prior to payment release.
- Lead standardisation and re-design of the operation processes within L-A-B and GFOS teams following the implementation of Coupa and SAP ERP.
- Provide training on expenses policy including inductions for new joiners.
- Ensure efficient month and year-end closing in line with the Global Accounting timetable and Finance minimum standards.
- Oversee the administration of all aspects for the Senior Advisor program as L-A-B office senior contact– close engagement with the senior advisor regional team, the induction of senior advisors, escalation, maintenance of relevant policies and information deck and approval of senior advisor invoices.
- Management of the American Express corporate card’s programmes i.e. the corporate travel account, corporate cards and Vpayment cards via Coupa. This includes acting as the programme administrator and having oversight of the account set up, user management and reporting.
- Contribute to the finance future finance transformation journey to team more effectively and advance our capabilities, skills and expertise in the area of finance operations.
- Continuous process improvement and sharing of best practice.
- Embedding risk management into the financial operations team ensuring adequate systems of internal controls (segregation of duties, reconciliations, check AP balances and oversight).
- Ensures the key controls within the operation processes are efficient and fit for purpose in compliance with BCG finance minimum standards and cash management policies.
- Enhance internal controls, continuously seeking to reengineer local operation process to obtain efficiencies, manage risk, reduce costs and leading improvements as required.
- Ensuring appropriate policies and procedures are in place and monitored and global policies are adhered to and kept up to date.
- Build, manage, coach and develop direct team.
- Act as a mentor and coach to the wider L-A-B Finance team.
- Support during sickness and holidays to ensure smooth overall running of L-A-B Operations functions.
- Create an encouraging, supporting and stimulating work environment for all finance staff.
- Being an active change manager in all global finance initiative and working towards establishing effective and efficient relationship with any global service delivery hub that is created.
Source : The Boston Consulting Group