FP&A Manager - Technology Finance

Posted Feb 27

Are you looking for a dynamic, challenging role where you can help Liberty Mutual IT achieve its strategic priorities? Are you interested in learning how to analyze complex multi-regional IT financial and operational information, summarize it and present scenarios and multi-year projections to Senior Leaders? If so, then we want you!

The Tech Finance team's purpose is to drive strategic value for IT & our SBUs by understanding the current state and predicting the future position of IT financials across categories & SBUs while supporting our work with data-driven insights and diverse global perspectives. Additionally, we partner with our key stakeholders to achieve their own goals with consistent reporting, robust forecasting, and a strategic mindset.

This role works closely across the Tech Finance team as well as with the broader IT leadership team to deliver on our recurring deliverables (monthly/quarterly/annual) as well as drive strategic forward-looking scenario planning.

This is a new role, and the first 6-9 months will be spent on establishing and producing the consolidated LM Tech reporting views & developing the strategy to standardize such views across Tech Finance and after that, this role will manage a team focused on executing on the reporting/FP&A strategy at the LM Tech level.

Specific Role Responsibilities (both short and long-term):

Reporting, Planning & Core Financial Management

Define and deliver consolidated Tech finance reporting on monthly & quarterly basis to LM Tech CIO and Tech ELT (NOT-market or department specific reporting) and do so efficiently, accurately and in a timely manner
Partner across Tech Finance and support teams to standardize market and department-specific reporting views (including leveraging views from updated consolidated reporting and re-using it for market use)
Drive the assessment and synchronization of reporting views/processes across and within Tech Finance (including Market and Department-specific) to create more consistency across all of Tech Finance
Consolidate the annual planning financials to the LM Tech CIO over the course of the planning season
Consolidate the multi-year glidepath financial views to the LM Tech CIO before & after planning
Deliver on our annual LM IT expense plans/forecasts with clear and concise updates on if/why we may deviate from plans/forecasts on an ongoing basis (high-level to start the year with increasing detail as we progress)
Drive, in close coordination with IT Strategy, Tech Finance market teams, Tech Finance Operations and Corporate Finance, the high-level IT planning process & calendar across all groups
Support the standardization and further segmentation of our "Run" and "Grow" expenses and incorporate into ongoing reporting (in partnership with Strategy leads and Tech Market finance teams)
Work closely with Tech Finance Operations and TBM team on monthly, quarterly and annual activities as well as strategic roadmaps related to systems improvement (i.e. Apptio)
Assess existing reporting activities along with Tech Finance operations and, as prioritized, eliminate/simplify/streamline monthly and quarterly processes; this work will also be done in conjunction with broader Tech Finance team to identify if there are centralization and/or standardization opportunities

Strategic Partnership & Stakeholder Engagement

Shift our financial reporting to be more narrative-based and focused on key themes, risks, opportunities to facilitate strategic discussions at the Tech ELT level
Consolidate key Tech Cost Optimization financial views in coordination with the TBM Team, including "what-if" scenarios & analysis to facilitate high-level target discussions
Understand our key stakeholders' objectives and expectations to strengthen our connection and highlight common purpose across groups
Support all stakeholders we interact with and create a culture of shared responsibility for the success for the of our shared objectives (cross-team collaboration & problem solving)
Partner with Tech Finance market teams & IT strategy teams to incorporate non-IT components into our IT trade-off analysis (i.e. business benefits, etc) to support strategic conversations on the "how much should we invest in IT" conversation
Work with Talent to incorporate enhanced FTE count & cost analysis as well as labor arbitrage opportunities into scenario planning to facilitate leadership discussion and decisions
Lead team, develop talent, load balance responsibilities, cultivate inclusion, and manage performance for a team that may consist of interns, outsourced partners, consultants and full time employees

Qualifications

Bachelor`s degree (Finance or Accounting) required. CPA or advanced degree in Accounting, Finance, or Business preferred.
Experience in P&C insurance industry and finance functional knowledge highly desired
Minimum 7 years of relevant business and finance experience, preferably including 3-5 years of experience in IT FP&A roles
Strong exposure to multiple functional areas and experience interacting with senior executives
Experience in planning, forecasting and/or reporting Technology financials; preferably including both market-facing and central consolidation experience
IT Financial Systems knowledge including Apptio
Fluency in IT financial management terminology (TBM taxonomy, TCO, capitalization/depreciation, run/grow segmentation, run rate, etc)
Strong interpersonal, communication and presentation skills. Proven ability to build successful working relationships.
Displays strong business acumen and integrated thinking
Must be driven and flexible enough to succeed in ambiguous and less structured situations
Must demonstrate ability to execute thoroughly in a fast-paced work environment, adapting quickly to changing conditions to achieve results.
Facilitates cross-functional collaboration and communicates effectively to a wide variety of audiences at all levels of the organization.
Comfortable leading meetings and making presentations to increasingly large audiences.
Advanced understanding of Finance Tools and Analytical Methods.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Bachelor's Degree