Expense Transformation Manager

Posted 4 Days Ago
Be an Early Applicant
Connecticut
114K-143K Annually
Senior level
Fintech • Insurance • Financial Services
The Role
The Expense Transformation Manager will lead Voya's enterprise expense management transformation, ensuring efficiency and alignment with best practices. This role involves strategizing for process improvements, collaborating cross-functionally, and leveraging technology to optimize expense management practices for better data-driven decision-making.
Summary Generated by Built In

Together we fight for everyone’s opportunity for a better financial future.

We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now

Get to Know the Opportunity:

The Manager, Expense Transformation role will be responsible for leading and overseeing the transformation of Voya’s enterprise expense management including ensuring its efficiency, effectiveness, and alignment with industry best practices, while creating insights on expenses that will drive data-driven decisions. This role will work with the expense management team to develop and implement strategies that will optimize expense management practices, and lead to process improvements. The successful candidate will collaborate cross-functionally with finance, technology and other functional and business areas to achieve transformation objectives. 

The Contributions You'll Make:

  • Develop and execute a comprehensive expense transformation strategy that aligns with the company's business objectives that focuses not only on efficiency but improved insights. 

  • Lead process improvements and automation initiatives to enhance efficiency and effectiveness. 

  • Drive better expense management team connection by implementing transformation that leverages key components of activity in each area. 

  • Collaborate with key stakeholders to identify and implement innovative solutions, leveraging emerging technologies and industry best practices. 

  • Develop and maintain strong relationships with key stakeholders in Finance, Business and Functional areas. 

  • Provide leadership and guidance on efficiency development, fostering a culture of continuous improvement, collaboration, and professional development.  

  • Stay informed of industry trends and emerging technologies in expense management and proactively recommend and implement relevant enhancements.  

  • Improve expense forecasting and scenario modelling for forward looking insights including continuous expense efficiencies.  

  • Collaborate with Finance and other areas to create driver-based expense forecasting.  

  • Make processes and data easier, faster, standard and connected. 

Minimum Knowledge & Experience:

  • Bachelor’s degree in Finance, Accounting, or a related field  

  • 7+ Years experience in Finance/Accounting and experience in transformation and process improvements 

  • Strong knowledge of expense management, processes, forecasting and reporting 

  • Demonstrated experience in leading expense transformation initiatives, including process automation  

  • Excellent analytical and problem-solving skills, with the ability to think strategically and drive change 

  • Strong leadership and team management abilities, with a track record of building strong relationships 

  • Exceptional communication and people skills, with the ability to collaborate effectively with stakeholders at all levels 

  • Proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint, and financial modeling 

  • Manages remote working environment effectively 

#LI-SS1 #LI-Remote

Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$114,450 - $143,060 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan – with generous company matching contributions (up to 6%)
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year

Learn more about Voya benefits (download PDF)

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more about Critical Skills

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.

Misuse of Voya's name in fraud schemes

The Company
HQ: New York, NY
5,463 Employees
On-site Workplace
Year Founded: 2014

What We Do

Voya Financial, Inc. (NYSE: VOYA), provides health, wealth and investment solutions that enable its approximately 14.8 million individual, workplace and institutional clients to achieve their financial wellness goals with confidence. With a vision to be America’s Retirement Company®, Voya’s products, solutions and digital capabilities help create a better financial future for all. Voya is a Fortune 500 company that had $7.6 billion in revenue in 2020 and $729 billion in total assets under management and administration as of March 31, 2021. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has earned recognition as one of the World’s Most Ethical Companies® by the Ethisphere Institute; as the No. 1-ranked financial services firm among Barron’s 100 Most Sustainable Companies for three consecutive years; as a member of the Bloomberg Gender Equality Index; and as a “Best Place to Work for Disability Inclusion” on the Disability Equality Index.

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