Fusion Tax - Procurement - Oracle - Banking - £700/day

Job Description

My client, a global leading investment bank are looking to recruit a Fusion Tax consultant on a 12 month rolling contract, initially working from home.

Role Title: Fusion Procurement - Production Tax SME

Role Context

The Fusion Procurement BAU team was established by Group Procurement shortly after the initial UK roll out of the Oracle Fusion platform. Recognising the enormous scale of change that the move to Fusion drives, and which does not end with the implementation of the system in each country. The team's mandate is to provide direct support and subject matter expertise (SME) to all Procurement Operations' teams running operational procurement and expenses processes on Fusion. To achieve this requires individuals within the team to hold not only strong Fusion process and system understanding, but also deep functional operational and control knowledge and to be able to combine these together to deliver for the benefit and progress of operations.

A key objective from day 1 has been to drive the operational teams to a stable position both in terms of the processes they operate and the production platform itself, for existing 'BAU' countries and new countries as they come out of the implementation phase. This also requires supporting operations through an almost constant delivery of 'small' BAU change (again, process and system). Stability has now been achieved but needs to be maintained as the remaining countries deploy on to Fusion throughout 2021 and the operational footprint on Fusion becomes truly global.

In 2021 the focus of the Fusion Procurement BAU team moves to optimising the operational use of the platform. This will be achieved through a variety of levers including process efficiencies both standalone and those requiring system changes, increased leverage of existing Fusion product capabilities which have not yet implemented, and understanding and then adopting the new opportunities which true automation (including potentially AI) will offer.

Role Key Accountabilities

The Production Tax SME role will be key to the team achieving their objective of delivering Fusion process and system changes/improvements, which will in turn enable operations to achieve operational streamlining and efficiencies. Tax processes and system design has been identified as one of the priority areas which requires a detailed review and remediation across countries.

The role holder will be responsible for:

• Pulling together a consolidated global document for Procurement Operations' management which provides an overview of the current Fusion tax design, the limitations, issues and risks which arise from the current set up
• Working with operations teams globally to understand in detail where existing Fusion Tax processes and/or system functionality is causing operational inefficiencies and/or not fit for local operational purposes
• Documenting recommendations for management to remediate the current state - both short term tactical and longer term strategic options using their SME of market best practices
• Own and deliver Tax specific book of work items through to implementation, working collaboratively with Fusion IT and program teams to ensure successful delivery and landing of these changes into operations
• Reviewing the tax components of current operational SOP/DIM documentation and updating where necessary to ensure all SOP/DIMs are accurate and complete in relation to tax processes which align to the system design
• Conduct knowledge transfer and training on Tax processes to operational teams and within the immediate team to ensure there is a high level of embedded knowledge

Qualifications/Experience/Skills

Candidate must have

• Excellent SME of Fusion tax processes and design
• Experience of delivering process change across multiple teams and locations
• Knowledge of wider market practices and adoption of ERP tax solutions, including alternative offerings suitable for Oracle Fusion ERP
• Knowledge and understanding of wider Fusion Procurement and Expenses processes
• Demonstrable capability of working and engaging teams cross-functionally to collaboratively achieve high quality deliverables
• Experience in global Financial Services organisations
• High quality analytical skills and ability to adapt these to the needs of all levels of the organisation from junior Accounts Payable to senior operational management
• Ability to work independently and define and drive how the work should be delivered across multiple concurrent priorities

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

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