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International Finance Chief Operating Officer Full Time

at Lockton, Inc. London in London (Published at 06-11-2024)

Working at Lockton

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

About the Position The International Finance COO is a new role established to work closely with the International CFO and senior Finance Leadership team, to drive the performance of the Finance team. Schedule Full Time Permanent Job type Experienced Professional Workplace Hybrid Your Responsibilities

Role Purpose

The purpose of the role is to work with the CFO and the senior Finance Leadership team to ensure that the Finance team is meeting its short and long term goals. This will include contributing to the development of the Finance Strategy and ensuring that Finance is meetings its Control and Client Service / Business Partnering objectives in an effective, efficient and scalable manner.


The role will also involve interaction with the Finance team based in the US to ensure that the Global Finance team works together effectively.


The Finance team is part of the firm’s broader Shared Services organisation, including Human Resources (HR), Information Technology (IT) Legal, Risk, Compliance and Company Secretariat (LRCS) and Internal Audit.


The Finance COO will also work with the other Shared Services COOs to develop the overall Shared Services brand and strategy.



Main Accountabilities

Drive the development of the Finance team Vision and Strategy

Align objectives across the Finance team to achieve the above Vision

Drive a culture of development and progression for Finance associates

Implement a training programme to ensure that Finance associates have the appropriate skills to perform their roles effectively.

Monitor and track the Finance headcount and resources internationally. Ensure that the team is appropriately resourced and operating within budget.

Develop KPIs to monitor the performance of each team with Finance – support teams in developing KPIs and develop a monitoring dashboard

Finance Accounting & Modernisation Excellence (FAME) is a global Finance transformation project, with two key workstreams:

  • Technology Modernisation – implement Oracle GL, associated modules and Close and Consolidation system globally
  • Global Finance Service Centre (GFSC) – outsourcing activities to Deloitte in India
  • The COO will be responsible for monitoring the effectiveness of the GFSC, and for driving efficiency improvements in the GFSC

Control – maintain oversight of Internal audit points, KPMG management letter points and other areas for improvement.

Ensure that the areas responsible are actively addressing any perceived control weaknesses

Investments – work closely with other Finance teams

  • Develop investment tracking pack including performance metrics
  • Co-ordinate Finance due diligence and review of investment proposals

Drive end to end process development and continuous improvement across the International Finance team

Develop metrics which effectively measure the performance of the Finance team, in terms of control and efficiency

Support the continuous improvement of the Finance team profile and perception with Lockton International though the quality of advice, control and service delivered

Qualifications

Competencies

Ability to work across organisational boundaries, e.g. managing / co-managing initiatives across multiple business lines and functions

Executive presence and confidence to drive and influence the development implementation of Finance strategy, including Finance’s IT requirements and other development plans

Be excited about the difference that good processes and technology can make to an organisation

Have successfully operated at management or senior consultancy level

Have excellent presentation and interpersonal skills

Have a proven ability to communicate effectively with people at all levels

Be able to demonstrate an ability to build productive working relationships

Qualifications

Bachelor’s / Masters degree

Likely to be a qualified accountant, but not necessary if other experience is relevant

Experience

Working with senior stakeholders

Experience of driving change, ideally in a Finance organisation – beneficial not mandatory

Skills and Knowledge

Knowledge of organisational change, technology implementation, Finance operations and analytics / KPIs

Knowledge of financial service markets

Skill in change management

Skill in handling conflict and uncertain situations

Skill in handling multiple tasks and prioritising

Skill in facilitating meetings

Skill in directing and assigning work to others

Skill in communicating orally and in writing, particularly with business leaders and the Finance community

Skill in adopting an innovative approach to learning solutions

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.


No Agencies Please

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.



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