Posted:
10/14/2024, 1:17:42 PM
Location(s):
Wilton, Connecticut, United States ⋅ Connecticut, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Operations & Logistics
Reporting to AIG GOE Finance Business partner, the VP Finance Operations – Project Management Leader will be responsible for developing finance operations and reporting infrastructure working closely with global Treasury, FP&A, GOE and business functional teams to lead and drive setting up new Budget to Pay (B2P) spend, and related cash forecasting and reporting capabilities.
Responsibilities will include industry benchmarking and developing best in class next generation solutions for end-to-end visibility into ~$3B annual spend, cash, and GOE (General Operating Expenses) budgeting, spend approval and tracking vis-à-vis budgets, cash settlement and reporting at a vendor level.
The role requires strong business and finance acumen and project management skills. Role is responsible for conceptualizing process design to driving execution and delivery of final work product. This includes getting functional and leadership buy-ins working with external consultants, functional leaders, and senior leadership team to design and implement a centralized solution for the global B2P process.
Key Responsibilities:
Leading key projects – from design to execution - across AIG to drive Finance Operations objectives. Cross functional collaboration with various Functional leads and Functional finance representatives, including consultants and GOE finance business partners. Lead development of strategy, finalize to-be process and system architecture framework, get leadership buy-in, communicate plan to stakeholders and end users, drive execution and lead senior management updates.
Ensure comprehensive end-to-end tracking of spend, GOE, and cash reporting and clear linkage of spend to financial statements presentation. Ensure clear communication of deliverables and timely execution. Proactively engage stakeholders to resolve potential conflicts or roadblocks and drive timely execution.
Analyse GOE, spend and cash flow impact and develop comprehensive framework to provide vendor level spend and financial forecasts to key stakeholders. Support Finance Operations leader and other senior management stakeholders with data requests, analysis and insights including spend actuals and variance to budget by vendor.
Provide framework, systems, and oversight for preparation of vendor level spend budgets and cash forecasts. Effectively drive process, analysis, and communication of results to key senior leadership stakeholders.
Design and Build of the B2P spend tool from data gathering to analysis and reporting capabilities. Build capabilities and global coverage to track and report real time via live dashboards.
Partner with Sourcing, Treasury, GOE, FP&A, Finance Operations, Financial Data and Systems management, and Technology team to capture the data, understand the processes and controls required to support daily reporting and visualization of the end-to-end spend and payment lifecycle, covering Budget to Procurement, Procurement to Contract, Contract to Invoice and Payables, Payable to Treasury / Disbursements (including alignment with Kyriba) across the regions globally.
Manage a team of consultants and AIG employees for timely and successful delivery of Finance Operations projects.
Qualifications:
15+ year experience - Qualified Treasury and Finance professional with a proven track record in a Finance leadership role.
Experience in project management and working with senior C-Suite Executives supporting and driving enterprise initiatives. Treasury and Finance Experience preferred.
Strong analytical mindset, problem solving structuring and counselling / influencing senior leaders.
Demonstrated strong business and financial acumen as well as advanced change management and project management skills.
Demonstrated past success at creating or significantly upgrading the function and instilling a culture of continuous process improvement.
Highly influential and able to flex leadership style according to the situation.
Excellent oral and written communication skills, including presentation development and delivery.
Resilient and tenacious with a propensity to persevere.
Aptitude to multitask, handling multiple projects simultaneously.
Must be able to make decisions after considering alternatives.
Excellent team player
#LI-CY1
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [email protected].
Functional Area:
Website: https://aig.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1919
IPO Status: Public
Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management