To deliver a successful finance transformation, you need to ensure that you have the right people available at each stage of the programme.
While the exact job titles, and whether they should be a contractor or permanent employee, will vary depending on the organisation and its structure, I’ve broken down each stage of a Finance Transformation Roadmap and spotlighted the most requested talent:
Stage 1: Assessment and Visioning
CFO: Overall strategic direction, executive sponsorship, and vision for the Finance Transformation initiative.
Finance Transformation Manager: Oversees the assessment process, identifies pain points, and engages with stakeholders.
Process Improvement Analyst: Analyses existing finance processes, identifies inefficiencies, and suggests improvements.
IT Business Analyst: Assists in evaluating the current state of finance systems and technology.
Stage 2: Design and Planning
CFO: Sets the strategic direction and goals for the Finance Transformation initiative.
Finance Transformation Manager: Develops the comprehensive Finance Transformation strategy and project plan.
Project Manager: Coordinates the planning process, timelines, and resource allocation.
Finance Business Partner: Collaborates with stakeholders to define objectives and align them with the overall strategy.
IT Director: Provides guidance on technology requirements and feasibility.
Stage 3: Process Optimisation
Finance Transformation Manager: Leads the process optimisation efforts and ensures alignment with the strategic goals.
Process Improvement Specialist: Works closely with finance teams to streamline processes and eliminate redundancies.
Finance Operations Manager: Implements process changes and monitors efficiency gains.
Change Management Specialist: Supports the transition to new processes and fosters a culture of continuous improvement.
Stage 4: Data and Analytics Transformation
Chief Data Officer: Oversees data governance and quality initiatives.
Data Analyst: Assesses data sources, analyses trends, and provides insights for decision-making.
Business Intelligence Developer: Implements analytics capabilities, develops dashboards, and supports reporting requirements.
Data Scientist: Utilises advanced analytics techniques for predictive modelling and scenario analysis.
Stage 5: Technology Enablement
CFO: Provides strategic guidance and approves the selection of finance systems and tools.
IT Director: Evaluates technology options, manages implementation, and ensures integration.
Financial Systems Analyst: Assists with system selection, configuration, and testing.
Training Manager: Develops training programs and provides support to end-users.
User Experience (UX) Designer: Enhances the user interface and user experience of finance systems.
Stage 6: Change Management and Communication
CFO: Drives change management initiatives and communicates the benefits of the Finance Transformation.
Change Management Specialist: Develops and implements the change management plan.
Internal Communications Manager: Handles internal communication related to the Finance Transformation initiative.
HR Business Partner: Supports employee engagement, training, and talent management during the change process.
Stage 7: Performance Measurement and Continuous Improvement
CFO: Monitors performance against KPIs and ensures alignment with strategic objectives.
Finance Performance Analyst: Analyses financial data, identifies areas for improvement, and tracks progress.
Continuous Improvement Manager: Facilitates ongoing improvement initiatives and supports the implementation of best practices.
Finance Business Partner: Collaborates with stakeholders to identify areas for continuous improvement and drive performance.
Supporting finance transformation in the creative industries.
If you are leading a programme, or want to find your next role within finance transformation, please get in touch and lets talk.