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Finance Transformation Manager

Akur8 is a young, dynamic, fast growing Insurtech startup that is transforming insurance pricing and reserving with transparent machine learning.

Our SaaS platform leverages the power of transparent machine learning and predictive analytics to inject game-changing speed, performance and reliability into insurers’ pricing and reserving processes.

Powered by skilled R&D, Product & Actuarial teams we’ve developed unique AI algorithms that automate the insurance pricing and reserving in an unprecedented way. This results in a pricing solution which not only allows insurance companies to model their risks 10 times faster, with a higher predictive power than traditional methods, but which also incorporates next generation reserving functionalities, helping to predict and legislate for future claims, therefore constituting a major game changer for the insurance industry.

Akur8 has already been selected:

  • In CB Insights Top 50 World Insurtech Companies 2023
  • In Insurtech Global’s Top 100 AIFinTech list 2023
  • In Fintech Global’s Top 100 AIFinTech list 2023
  • As No.24 in Sønr’s World Top 100 Insurtech Companies 2022
  • As 3rd best overall (worldwide) in the CodinGame 2022 Software Engineering Fall Challenge

With 35 nationalities within our team, and offices in Paris, London, New York, Tokyo, Milan, Cologne, Atlanta and Montréal, Akur8's solution is international by design. 

Servicing more than 250+ clients across 4 continents and targeting all non-life insurance carriers, we focus on more mature markets for faster expansion.

To learn more about Akur8, and what we do, click here.

Akur8 is, in all senses of the term, an equal opportunities employer. Akur8 puts diversity, equality and inclusion at the heart of its values. We examine all applications based on equal skills and applying the principles of non-discrimination.

The Finance Transformation Manager will play a crucial role in driving our finance modernization efforts, starting with the deployment of our new ERP system and continuing with ongoing finance transformations. This position reports directly to the CFO and will be responsible for leading strategic finance initiatives, process improvements, and technology adoptions to support our fast-growing SaaS startup.

Key Responsibilities:

ERP Implementation

  • Lead the deployment of our new ERP system, ensuring seamless integration with existing processes
  • Manage project timelines, budgets, and resources for the ERP implementation
  • Coordinate with stakeholders across departments to gather requirements and ensure the ERP meets business needs
  • Process Optimization
  • Develop and execute project plans for finance transformation initiatives1
  • Document and optimize critical workflows, capturing key business requirements and internal controls
  • Implement best practices for finance function modernization

Automation and AI Adoption

  • Identify opportunities for automation within finance processes
  • Spearhead the adoption of AI technologies to enhance financial analysis and decision-making
  • Collaborate with IT to implement and integrate new finance technologies
  • Financial Systems Management
  • Oversee the finance systems landscape, ensuring alignment with business objectives
  • Continuously evaluate and improve finance systems and infrastructure
  • Mitigate risks and exposures in current system applications

Change Management

  • Develop and execute change management strategies to ensure successful adoption of new processes and technologies
  • Provide training and support to finance team members on new systems and processes
  • Performance Monitoring and Reporting
  • Establish and track key performance indicators (KPIs) for finance transformation initiatives
  • Prepare and present transformation status updates to executive leadership

In order to be considered for this position you must imperatively respond to the following criteria:

  • Bachelor's or Master's degree in Finance, Accounting, or related field;
  • 7+ years of experience in finance roles with a strong focus on transformation and process improvement;
  • Proven track record in managing large-scale finance projects, preferably including ERP implementations;
  • Strong understanding of finance processes, accounting standards, and regulatory requirements;
  • Experience with data analytics, automation tools, and AI applications in finance;
  • Excellent project management and stakeholder communication skills;
  • Ability to work in a fast-paced, dynamic startup environment;
  • Fluent in English and in French
  • The ideal candidate will be a strategic thinker with hands-on experience in finance transformation, capable of driving change and innovation in our rapidly growing organization. They will play a pivotal role in shaping the future of our finance function, leveraging technology and best practices to support our company's growth and success.

Important: You must possess an employment status: French or Schengen area nationality or a ‘carte de séjour’ that will allow you to work from our Paris office. 

As a member of our team, you’ll be able to learn from highly skilled colleagues, with a strong Tech DNA, that are eager to share their knowledge and passion.

But it’s not all work, you’ll also be part of a dynamic team that enjoys spending time together, having fun activities, team lunches, playing sports as well as the occasional ‘happy hour’.

In addition to this, we offer the following benefits for the french office (To be discussed for other offices):

  • Competitive salary + annual bonus
  • Hybrid office / home office policy
  • 25 days of paid holidays + RTT
  • Gym membership with Gymlib + corporate sporting activities
  • Excellent health insurance (including spouse and family coverage)
  • Swile lunch vouchers 
  • Public transportation reimbursement + sustainable mobility allowance
  • IT equipment allowance
  • Relocation support
  • Sponsored crèche access
  • Free cafeteria with fresh fruit, drinks and snacks
  • Great office in the heart of the 9th arrondissement of Paris

Average salary estimate

$100000 / YEARLY (est.)
min
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$80000K
$120000K

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What You Should Know About Finance Transformation Manager, Akur8

Are you ready to take on a pivotal role in transforming finance within a fast-growing Insurtech startup? Join Akur8 as the Finance Transformation Manager, where you'll be instrumental in driving our finance modernization efforts, starting from the successful deployment of our new ERP system. Working directly with the CFO, you’ll oversee strategic finance initiatives and optimizations, making a real impact on how we operate. Our SaaS platform is redefining insurance pricing and reserving through transparent machine learning, providing cutting-edge solutions to our clients across the globe. In this role, you’ll lead projects focused on transitioning our finance processes and introduce innovative technologies like AI to enhance decision-making. Do you enjoy collaborating with diverse teams? Here at Akur8, you'll coordinate with various departments to ensure that our finance strategies and systems align seamlessly with business goals. Besides high-impact tasks, you’ll also develop change management strategies to facilitate the adoption of new systems, ensuring our finance team is well-equipped for the future. Working in a multicultural environment with amazing colleagues from around the world in vibrant offices located in major cities like Paris and New York, you’ll not only advance your career but also enjoy a dynamic culture that emphasizes fun team activities and professional development. If you’re a strategic thinker with a knack for project management, we’d love to see you help shape the future of our finance function. Explore the opportunity at Akur8, where we value diversity, equality, and inclusion, in an exciting, fast-paced environment.

Frequently Asked Questions (FAQs) for Finance Transformation Manager Role at Akur8
What are the primary responsibilities of a Finance Transformation Manager at Akur8?

The Finance Transformation Manager at Akur8 is responsible for leading the deployment of our new ERP system, optimizing finance processes, and integrating AI technologies. This role involves managing project timelines and resources while collaborating with stakeholders to ensure that all financial strategies align with our business objectives.

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What qualifications are required for the Finance Transformation Manager position at Akur8?

To be considered for the Finance Transformation Manager role at Akur8, candidates must possess at least a Bachelor’s degree in Finance or Accounting, along with 7+ years of experience in finance roles focusing on transformation. Proven experience with large-scale finance projects, ERP implementations, and strong project management skills are essential.

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How does Akur8 support ongoing professional growth for Finance Transformation Managers?

At Akur8, we are committed to fostering professional development. As a Finance Transformation Manager, you will collaborate with highly skilled colleagues and participate in various training initiatives. Additionally, our dynamic culture encourages learning through team activities and knowledge sharing, providing a supportive environment for career growth.

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What technology tools should a Finance Transformation Manager be familiar with at Akur8?

A Finance Transformation Manager at Akur8 should have experience with ERP systems and be knowledgeable about automation tools and AI applications in finance. Familiarity with data analytics is also crucial, as it enhances financial decision-making and drives process improvements within the organization.

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What kind of work culture can a Finance Transformation Manager expect at Akur8?

Akur8 offers a vibrant work culture that promotes teamwork, inclusivity, and fun. As a Finance Transformation Manager, you'll be part of a diverse team that emphasizes collaboration through team lunches, sports activities, and social gatherings, creating a balanced and enjoyable work environment.

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Common Interview Questions for Finance Transformation Manager
Can you describe your experience with ERP implementations?

In responding to this question, highlight specific ERP projects you've managed, detailing your approach to scoping, timelines, stakeholder engagement, and outcomes. Emphasize your problem-solving skills and ability to overcome challenges during implementation.

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How do you identify automation opportunities within finance processes?

To answer this question, discuss your analytical approach to reviewing finance processes. Provide examples of tasks that have been streamlined through automation and explain how you evaluated their impact on efficiency and accuracy.

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What steps do you take when managing a finance transformation project?

Describe a structured approach that includes defining objectives, assembling a project team, regular communication with stakeholders, and establishing performance metrics to track progress. Walk through a specific example where you successfully led a transformation project.

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How do you ensure team members adapt to new finance technologies?

Share strategies you use for effective change management, such as offering training sessions, creating user-friendly documentation, and providing ongoing support. Highlight the importance of gathering feedback to continuously improve adoption and minimize resistance.

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What experience do you have with data analytics in finance?

Discuss your familiarity with data analytics tools and methods you've applied in finance to extract insights and drive decision-making. Provide examples of how your analysis has led to tangible improvements or strategic shifts within a finance function.

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In your opinion, what are the key components of a successful finance transformation?

Talk about key pillars including strong leadership support, clear objectives, stakeholder engagement, and a focus on culture change within the finance team. Mention how aligning finance goals with broader business objectives is vital for success.

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Can you share an example of a significant challenge you faced in a finance role?

Illustrate a specific dilemma you encountered, how you approached it, and the resolution. This demonstrates your critical thinking skills and perseverance in overcoming obstacles related to finance transformation.

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How do you stay current with emerging technologies in finance?

Emphasize your commitment to continuous learning through industry conferences, webinars, and trade publications. Share examples of how you’ve implemented new technologies in your previous roles to drive innovation within finance processes.

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What project management tools are you familiar with?

List the project management software you’ve used and explain how these tools help facilitate communication, track project progress, and manage resources effectively. Provide an example of a project where you successfully utilized these tools.

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How do you approach the financial analysis process?

Discuss your systematic approach to financial analysis, including defining the objectives, gathering data, applying analytical techniques, and deriving actionable insights. Highlight the importance of accuracy and timeliness in your analyses.

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Akur8 is revolutionizing insurance pricing with transparent AI. Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as requ...

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Full-time, hybrid
DATE POSTED
December 17, 2024

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