Finance Transformation Director

Travelex Central Services; Greater London; Hybrid; GBP 120,000 - 150,000; Full time

Job summary

Travelex Central Services is seeking a Finance Transformation Director to lead the transition of a global transformation programme into BAU operations. The role will embed new finance systems, processes and governance, including the Mumbai offshore centre, and build a sustainable roadmap for continuous improvement.

You will drive standardisation, automation and efficiency across the global finance function, leveraging Oracle Fusion ERP/EPM and other finance technologies to deliver measurable

Qualifications

• Significant senior level experience leading Finance Transformation and post-implementation optimisation.
• Proven ability to transition major programmes into sustainable BAU operating models and governance.
• Experience translating strategy into practical transformation plans with measurable benefits.
• Experience maximising value of Finance technology, ideally Oracle Fusion ERP/EPM and/or BlackLine.

Responsibilities

• Lead the transition from the global Oracle Finance Transformation programme into BAU and embed new systems, processes, controls and ways of working.
• Own and evolve the Finance Transformation roadmap, identify opportunities to simplify, standardise and automate processes.
• Act as strategic owner of the Transformation agenda, aligning Finance with Technology, Operations and business priorities.
• Maximise value and adoption of Oracle Fusion ERP and EPM, improving functionality, data quality and user experience.
• Oversee optimisation of finance processes across AP, AR, Payments, Reconciliations, GL, Consolidation and FP&A.
• Maintain and evolve the Finance Target Operating Model and Shared Services structure, including offshore delivery.

Skills

Finance transformation leadership

Stakeholder management

Cross-functional collaboration

Process improvement

Lean/Six Sigma knowledge

Strategic planning

Data governance

Oracle Fusion ERP/EPM experience

Automation understanding

Tools

Oracle Fusion ERP

Oracle Fusion EPM

BlackLine

Job description

Role Title: Finance Transformation Director Reports to: Chief Financial Officer Location: London, Hybrid Job Type: Permanent, Full Time

Role Purpose Lead the transition from a major, multi-year global Finance Transformation programme into Business-as-Usual (BAU) Finance Transformation, building on the successful implementation of Oracle Fusion ERP and EPM and the establishment of a global Finance Target Operating Model. The role will be responsible for ensuring the new finance technology, processes and operating model are fully embedded and optimised, including the effective use of the Mumbai offshore delivery centre, while establishing a sustainable roadmap for continuous improvement, automation, standardisation and efficiency across the global Finance function.

Key Responsibilities

• Lead the transition from the global Oracle Finance Transformation programme into BAU, ensuring new systems, processes, controls, and ways of working are fully embedded across the organisation and that transformation benefits are sustained
• Establish and own the ongoing Finance Transformation roadmap, identify opportunities to simplify, standardise, automate, and improve finance processes and technology and ways of working
• Act as the strategic owner of the Finance transformation agenda, ensuring continued alignment between Finance, Technology, Operations, and wider business priorities
• Maximise the value and adoption of the Oracle Fusion ERP and EPM platform, identifying opportunities to improve functionality, automation, reporting, data quality, and user experience
• Oversee the ongoing optimisation and re-engineering of finance processes across AP, AR, Payments, Reconciliations, GL, Consolidation and FP&A, using process insight and continuous improvement methodologies to remove inefficiency, duplication and unnecessary complexity
• Ensure the global Chart of Accounts and master data model remain effective, governed and fit for future business requirements
• Maintain and evolve the Finance Target Operating Model and Shared Services structure, identifying further opportunities to optimise the location, cost, capability, and effectiveness of finance activities
• Build a strong partnership with the GCC Finance delivery centre, ensuring effective collaboration, capability development, performance and continuous improvement, and identifying further opportunities to leverage offshore capability
• Spend meaningful time with the GCC team where required to build relationships, understand the operation and support delivery of the Finance transformation agenda
• Drive a culture of continuous improvement, using data, technology, and process insight to identify and deliver measurable improvements across the Finance function
• Own the ongoing Finance systems and transformation portfolio, prioritising initiatives based on business value, benefits, risk, cost, capacity and strategic alignment, and ensuring resources are focused on the highest-value opportunities
• Lead the development and delivery of further automation and digital transformation, including opportunities across Oracle, BlackLine, EPM, and other finance technologies
• Ensure appropriate governance, controls and risk management are maintained as finance processes and technology continue to evolve
• Lead cross-functional transformation projects from discovery and business case through to implementation, adoption, and benefits realisation
• Own the realisation of the transformation business case, establishing clear measures, targets, and accountability for financial, operational, productivity and service improvements
• Establish robust mechanisms for tracking and delivering financial, operational and productivity benefits, building on the original transformation business case
• Continue to identify opportunities for workforce optimisation, process efficiency, and cost reduction, including further opportunities to leverage shared services and offshore capability
• Ensure effective stakeholder engagement, communications, change management and adoption for ongoing transformation initiatives
• Build and maintain strong relationships with technology and implementation partners, ensuring appropriate service, support, and continuous improvement from strategic platforms
• Establish a sustainable BAU governance model for prioritising enhancements, managing change and ensuring the Finance technology landscape remains fit for purpose
• Lead and develop a high-performing Finance Transformation capability, ensuring the function has the skills and expertise required to support ongoing transformation and continuous improvement

Person specification

Essential

• Significant senior level experience leading Finance Transformation, including post implementation optimisation and continuous improvement
• Proven experience transitioning major transformation programmes into sustainable BAU operating models, governance, and ways of working
• Strong experience in Finance process improvement, standardisation, automation, and re‑engineering, with knowledge of Lean, Six Sigma or similar methodologies desirable
• Experience translating strategy into practical transformation plans and delivering measurable financial, operational and productivity benefits
• Experience maximising the value of Finance technology, ideally including Oracle Fusion ERP/EPM and/or BlackLine
• Significant experience working with offshore/shared service centres, with substantial experience of Mumbai/India teams highly desirable
• The ability to build credibility, relationships and buy‑in across geographically distributed teams is essential
• Strong senior stakeholder management and influencing skills, with experience leading complex, cross‑functional transformation across people, process and technology
• Experience managing third‑party transformation and technology partners and leading high‑performing transformation teams
• Experience evolving a Finance Target Operating Model and offshore/shared service model

Desirable

• Led the transition from a large‑scale Oracle Finance transformation into BAU
• Experience delivering further transformation and optimisation after ERP implementation, rather than treating implementation as the end of the transformation journey

About Travelex

We are one of the market leading specialist providers of foreign exchange. Founded in 1976 and differentiated by our brand and market footprint, over the past 45 years we have built a network of foreign exchange stores and developed Travelex as a trusted and widely recognised brand in international money. Our mission is to simplify our customers’ access to international money, however and whenever Exciting? We think so! Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. We have developed a growing network of over 900 ATMs and more than 1,100 stores in the some of the world’s top international airports and in major transport hubs, premium shopping malls, high street locations, supermarkets and city centres. Travelex has built a growing online and mobile foreign exchange platform, and we also process and deliver foreign currency orders for major banks, travel agencies and hotels worldwide. In addition, we source and distribute large quantities of foreign currency banknotes for customers on a wholesale basis - including for central banks and international financial institutions. We also offer a range of remittance and international money transfer products around the world.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.