Senior Transformation Finance Business Partner

Senior Transformation Finance Business Partner

Job Introduction

The Transformation Senior FBP will be working directly with the Director of Transformation and People and Culture Change Lead, providing end-to-end financial oversight and analytical support on a 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 an opportunity to interact directly with the 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, forecasting, and cost and benefit tracking. The ideal candidate will have a strong track record of effective key stakeholder engagement, an ability to understand the strategic picture, while demonstrating attention to detail and promoting/embedding financial control into business processes.

Role Responsibility

• Develop financials for a 5-year transformation plan including cost, benefits, and ROI/payback.
• Partner with the Transformation Office to develop financial governance and processes on project spend tracking, prioritisation, change requests, 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 resources (with annual rate validation).
• Provide monthly Exec updates on financial performance of the 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, and cost allocation methodology as a result of TOM.
• Set up benefit tracking mechanisms and governance processes.
• Support Executive review/dashboard/reporting related to Transformation program and TOM progress/performance.

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 environments and initiate/set up new processes where necessary.
• FP&A experience – understanding of FP&A systems and planning processes.

Package Description

• Up to 22% discretionary annual bonus.
• Annual performance-related pay review.
• 11% pension contribution (3% from you, 8% from us – optional additional matched 3% contributions, e.g. 6% from you, 11% from us).
• 30 days annual leave plus flexible bank holidays (option to buy/sell additional 5 days).
• Family Private Medical Cover.
• Career development and progression opportunities.
• A truly flexible hybrid-working arrangement.
• A culture that promotes inclusivity, wellbeing, and rewards hard work.
• Car Salary Sacrifice scheme.
• 6x salary death in service.
• A personal GP service enabling you to get a video consultation with a NHS-registered private GP.
• Employee Assistance Programme.
• A range of shopping discounts from major high-street retailers.

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 Members’ 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. You can contact our friendly Talent Acquisition team by emailing careers@medicalprotection.org.

Job Category: Finance, Strategic Planning & Corporate Services.