Assistant Vice President, S/4 Hana SAP Finance

Nashville, TN, USA ● New Jersey, USA Req #593
Monday, April 3, 2023
Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world’s leading providers of legacy reinsurance solutions. They work with the world’s leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. Fortitude Re manages a general account of approximately $55 billion across life, annuity, and property & casualty insurance products. The company takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors led by The Carlyle Group and T&D Insurance Group. Incorporated under the laws of Bermuda on January 1, 2017, Fortitude Re’s roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re’s leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. Their deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. Fortitude Re continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry.   Click here for more information about Fortitude Re.

The AVP, S/4 Hana SAP Finance will establish a robust, scalable IT Finance Transformation framework by defining and implementing best practices and standard functionalities of S/4 Hana Finance that allow the company to fully leverage SAP functionalities and reporting benefits. This position will collaborate closely with our Finance business teams to understand and document the requirements, design, build, test, implement and support. The role also includes hands-on, and able to address any quality issues (AMS).

What You Will Do:

  • Own and drive Solution Design in the area of S/4 Hana Finance especially for Group Reporting, Treasury, Automatic Payment set up for foreign payments, Foreign Currency valuation, setting up of Cost Center allocation process and also addressing all business requirements and opportunities while following S/4 Hana Cloud standards, quality, and information security principles.
  • Collaborate closely with the Business Process Leads to suggest standardized and simplified integrated solutions.
  • Champion the standardization and simplification of design, minimizing the custom solutions only for cases where Novartis makes a difference in the market serving customers/patients.
  • Prepare and run design workshops in the assigned “Products”, identify critical integration points and dependencies, propose solutions for key gaps, provide effort estimations while ensuring alignment with business and other teams.
  • Deliver assigned project work as per agreed timeline within budget and on-quality adhering to following the release calendars.
  • Coordination and working on Coupa and PRU (Sub Ledger) integration issues and report the status to main stakeholders.
  • Continuous improvement and familiarization with SAP bi-annual releases and new functionality looking to identify new solutions that will add value to the business and their processes.
  • Mentor, coach, and supervise team members.

 What You Will Have: 

  • Minimum 12+ Years of experience in SAP ECC & S/4 Hana Finance.
  • Minimum 5+ Years of S/4 HANA Finance implementation and AMS experience.
  • Experience in S/4 Hana Public Cloud Version.
  • Knowledge of best practices in GL Accounting, and experience in Accelerated Fiscal Closing, Treasury, Group Reporting, Accounts Payable, Tax Compliance and Reporting.
  • Knowledge of IAM, SAC and Coupa.
  • Knowledge of statutory, fiscal and legal requirements.
  • 3-4 years end-to-end S/4 Hana Finance transformation experience, with at least one of those being utilizing S/4HANA.
  • At least One AMS support experience on S/4 Hana
  • Experience in process design and process improvement
  • Excellent stakeholder management and relationship building
  • Exposure to cloud data services (AWS, Azure)
  • Bachelor’s degree in Finance preferred. 

The base salary range for this role is $153,000-$190,000 and will be commensurate with candidate experience. Pay ranges for candidates may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.  

What We Offer:
 
We offer competitive benefits in a fast-paced, dynamic and nimble culture including:

  • Unlimited PTO policy
  • Up to 11 paid company holidays
  • Up to 16 hours per year of paid volunteer time 
  • Competitive 401(k) plan
  • Paid parental leave
  • Tuition reimbursement
  • Health, vision, dental, and life insurance with additional access to health and wellness programs
  • Flexible working environment
At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. 


We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.

 

To all recruitment agencies:  Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees.   Fortitude Re is not responsible for any fees related to unsolicited resumes.

Other details

  • Job Family IT - Information Technology
  • Job Function AVP
  • Pay Type Salary
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Location on Google Maps
  • Nashville, TN, USA
  • New Jersey, USA