Pearson Jobs

Job Information

Pearson Finance Director - HE Product Management in Hoboken, New Jersey

Finance Director - HE Product Management

Description

At Pearson, we’re committed to a world that’s always learning and to our talented team who makes it all possible. From bringing lectures vividly to life to turning textbooks into laptop lessons, we are always re-examining the way people learn best, whether it’s one child in our own backyard or an education community across the globe. We are bold thinkers and standout innovators who motivate each other to explore new frontiers in an environment that supports and inspires us to always be better. By pushing the boundaries of technology — and each other to surpass these boundaries — we create seeds of learning that become the catalyst for the world’s innovations, personal and global, large and small.

Position Title:

Finance Business Partner - HE Product Management

Career Framework:

Director (E)

Department:

Finance

Reports to (title):

VP,

Location:

North America

Role Summary:

Senior Finance Business Partner providing financial support to a significant business area or function. This position will partner with the SVP Product Management Higher Education to understand the current dynamics in relevant parts of the company portfolio, compare to market trends and optimise investment opportunities.

Directly responsible for a cost base of approx.£40mincluding both opex and capex. Further accountability to deliver products to support and grow approx.£1bnof revenues across the Group.

Collaboration, partnership and active stakeholder management are foundational to success in this role. Thriving in an evolving environment, working to drive innovation, and continuous improvement for efficiency and sustainable growth is key.

Reporting to the Finance VP of Global Product , you will help shape Pearson’s overall financial profile, specifically relating to our HE Product Management line of business and also play a part in building the team’s community and culture.

Collaboration, partnership and active stakeholder management is 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.

Key Responsibilities:

Strategy & Resource Planning

Serves as the lead finance business partner and cooperates with as well as advises top management about decision making in areas of investment, financing, liquidity and dividend, among others.

Takes responsibility for defining appropriate metrics and tracking finance strategic performance metrics for value delivered from the initiatives.

Leads the financials and resource planning implementation, collaborates with strategic stakeholders, especially Pearson business leaders.

Planning, Budgeting & Forecasting

Translates business strategy into financial targets and tactical plans and supports execution in a controlled risk and reward-based manner.

Interprets and makes effective management decisions using benchmarking, trends, and other planning and forecasting method as well as develop and implement improvements to the planning processes.

Establishes and ensures effective and consistent modelling, planning and forecasting processes across business unit(s), identifies and implements best practices in these processes.

Financial Analysis

Reviews outputs of financial and cash flow analyses to develop views and guides management; resolves significant reporting variances or recommends corrective actions where needed.

Approves and presents financial statements and analysis to executive management and provides recommendations for improvements.

Applies sophisticated quantitative analysis to identify the business, commercial and financial impact on the organization of different courses of action; advises on actions or options to improve the modelled outcome.

Investment Analysis & Allocation

Evaluates and analyzes large and complex investments. Assures short to long-term projections incorporating all sources of capital and resources in a wide variety of the risk analysis/scenarios.

Supports the fine tuning of capital allocation processes to ensure that they are best in class while enhancing company value.

Oversees investment analyses prepared by Pearson Financial Services.

Cost Management

Manages cost/challenge processes and works closely with the business to ensure key performance indicators are measuring the right metrics.

Discusses and recommends transfer pricing systems and evaluates the effects of transfer prices. Provide leadership and coaching to team members on cost control and reporting issues.

Provides analysis to support customer/product profitability.

Skills Required:

  • Building Relationships & Influencing Others–Identifies the agendas, concerns, and motivations of interested others, and is persuasive when positioning ideas and arguments to address them. Proactively cultivates networks with key individuals across functions to gain support for ideas, creating a foundation for future influence. Ensures that all proposals or arguments are fully supported by strong logic and a compelling business case, addressing all relevant factors.

  • Communication–Communicates financial information and concepts in a clear, precise, thorough manner to meet the needs of both finance and non-finance audiences. Ensures that own positions effectively address others' needs and priorities, and that concerns are openly discussed and addressed. Projects self-assurance and unshakable confidence to influence outcomes with persuasiveness and candor. Appreciates the diversity of stakeholder interactions and adapts personal style as well as approach accordingly.

  • Strategic Decision Making–Critically and logically evaluates potential short- and long-term costs, risks, and benefits of alternatives before making key decisions. Advances problems to the point of resolution despite ambiguity or uncertainty, driving them to closure.

  • Accountability and Ownership–Prioritizes and balances, organizes, and allocates time, actions, and resources to generate significant positive results and achieve critical goals, even in fast-moving or uncertain situations. Anticipates and decisively intervenes, addressing and removing obstacles, and redirects efforts to accelerate work, improves quality, moves the work forward, and/or gets efforts back on track. Holds self and team fully accountable for achieving work requirements (e.g., delivering on goals, complying with policies and procedures), even when requirements change, or are difficult to perform.

  • Collaboration and Partnering– Identifies opportunities and takes action to build relationships between own area and other teams, departments and external organizations to help achieve business goals.

  • Change Management Capability–Uses a variety of tools and techniques to successfully implement change even in challenging environments. Ability to understand where people are in the change journey and help them move through to acceptance. Meets resistance head on and develops strategies to remove barriers to change.

  • Prioritization– Consistently focuses on highest priority demands, while calmly and effectively tracking and making progress on other priorities.Juggles many priorities and competing demands for one's time. Understands the importance of materiality when prioritizing work.

  • Aligning Performance for Success–Leads cross functional team to accomplish objectives; supports the business in achieving financial targets; empowers and equips colleagues to drive progress towards common goals.

Qualifications

Qualifications:

Recognized accountancy qualification or MBA.

Personal Qualities:

  • 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

OTHER RELEVANT INFORMATION

This position description is indicative of the range of job requirements.

The job comprises other duties as required.

It is the responsibility of all employees to ensure they behave in a way that is consistent with the company’s Code of Conduct and its policies and procedures.

Pearson is an Equal Opportunity and Affirmative Action Employer and a member of E-Verify. All qualified applicants, including minorities, women, veterans, and people with disabilities are encouraged to apply.

#LI-RK1

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.

Primary Location: US-NJ-Hoboken

Job: Finance

Organization: Finance

Employee Status: Regular Employee

Job Type: Standard

Shift: Day Job

Job Posting: Feb 28, 2019

Job Unposting: Ongoing

Schedule: Full-time Regular

Req ID: 1900786

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.

DirectEmployers