At Pearson, the way we work is evolving. We’re becoming a simpler, more digital organization, so we can meet the changing needs of our learners today, tomorrow, and in the future.
We’re evolving Finance, to become simpler and more efficient. This will support Pearson’s ability to grow market share through digital transformation, and invest in growing market opportunities. In this way, we’ll achieve our Finance vision of beingone team, improving Pearson’s performance through finance excellence.
We’re implementing a new global Oracle ERP and Finance target operating model.The new operating model will see our finance business partnering teams focused on providing strategic and commercial insights across the organization. Our business partners play a critical role in helping the business assess and drive decisions to maximize performance. These roles are supported by a company wide finance shared services organisation providing services including finance operations, management reporting, planning and forecasting, and preparation of business cases.
The Product Finance team is responsible for acting as Business Partners driving strategy, planning and overall financial performance. This position will partner with the SVP for Product Management English and Global Schools and the SVP Efficacy & Learning Research to understand the current dynamics in relevant parts of the company portfolio, compare to market trends and optimise investment opportunities. This position reports to the Finance VP of Global Product .
Directly responsible for supporting a revenue of£400mand a cost base of approx.£40mincluding both opex and capex.
Collaboration, partnership and active stakeholder management are foundational to success in this role. Thriving in an evolving environment, working to drive innovation, and embed industry best practice to drive sustainable growth is key.
Strategy & Resource Planning
Applies a strategic planning approach, identifying tools, techniques and practices that are business enablers and enhance improvements in cost/performance or sustainability.
Monitors the finance progress against leadership team strategic goals and identifies bottlenecks to progress, identifying potential solutions, providing advice and escalating as needed to ensure goals are achieved.
Planning, Budgeting & Forecasting
Supports planning processes, including setting targets, communicating assumptions, coordinating budget preparation, challenging submissions and seeking synergies upon consolidation.
Provides the business with relevant financial support to enable effective planning utilizing appropriate budgeting and forecasting techniques.
Provides reasoned advice on modelling, planning and forecasting with reference to cost, time and quality which incorporate the organization strategic direction.
Applies common quantitative techniques such as discounted cash flow (DCF) and value at risk (VAR) to model the economic, fiscal and accounting impact of typical commercial activities, or standard financial structures and instruments.
Provides analysis to support decision-making, including presenting economic outcomes, identifying the key value drivers, benefits, sensitivities and risks, accounting and fiscal implications.
Prepares and analyses problems using sensitivity analysis and other techniques; reviews variance analysis and account reconciliations, and identifies significant items requiring the attention of higher-level management.
Has experience working with multiple business models.
Investment Analysis & Allocation
Applies a combination of quantitative methods, qualitative judgement and forward estimates in the development of sophisticated capital investment analysis.
Communicates investment analysis criteria to non-finance professionals in a clear and concise manner to support decision making in resource that drives revenue growth.
Applies various techniques such as target costing, value analysis, life cycle and discuss implications.
Prepares analysis and reports that enable the business management to effectively challenge costs and inform decision-making.
Participates in waste elimination efforts with the business to understand key drivers and cost reduction opportunities.
Recognized accountancy qualification or MBA.
Pearson is an equal opportunities employer. We do not discriminate against employees or job applicants and select the best person for each job based on relevant skills and experience.
We are also committed to building an accurate picture of the make-up of the workforce and encouraging equality and diversity.
The information you provide will stay confidential, and be stored securely. It will not be seen by those involved in making decisions as part of the recruitment process.
● Brave – Resilient operating under pressure and to tight deadlines
● Accountable – Demonstrates integrity & delivers what is promised
● Decent – Represents Pearson’s values and believes in the company mission, is a trusted confidant to colleagues and external sources
● Imaginative – Thinks creatively, using insights to improve work#LI-RK1
Primary Location: GB-GB-London
Work Locations: GB-London-80 Strand 80 Strand London WC2R 0RL
Employee Status: Regular Employee
Job Type: Standard
Shift: Day Job
Job Posting: Feb 11, 2019
Job Unposting: Ongoing
Schedule: Full-time Regular
Req ID: 1900936
Pearson is an Equal Opportunity and Affirmative Action Employer and a member of E-Verify. All qualified applicants, including minorities, women, protected veterans, and individuals with disabilities are encouraged to apply.