Vice President, Finance – Product & Editorial (P&E)

The Vice President, Finance – Product & Editorial (P&E) leads the financial function of P&E within Thomson Reuters. This role brings strategic and financial insights to operational decision making. As a forward-thinking leader, the focus of this role is on internal and external financial, and non-financial elements of the business and making strategically sound financial decisions to drive intrinsic value and generate increased shareholder returns. A deep understanding of all aspects of the groups within this function and ability to effectively partner with the Chief Product Officer and the leadership team is key to build synergies, leverage scale, reduce complexity and cost and drive product innovation. With the P&E leadership, this role co-owns the financial, operational and investment decisions for the function and leads processes, organization, and technology to provide strategic decision support.

This role is also responsible for informing the Enterprise Prioritization Committee (EPC) and will play an integral role in our capital prioritization process and ensuring our investment dollars are aligned to our strategic direction. If in Zug, this role will be a voting member of the Committee.

The preferred location for the role is Toronto, Canada or Zug, Switzerland.

About the Role

In this opportunity as Vice President, Finance - P&E you will be responsible for:

All Cost, Capital & Headcount / Resource strategic, business, and operational planning and forecasting for the P&E function, partnering closely with the Chief Product Officer and leadership team providing insights, challenges and influencing the P&E organization to define and achieve our strategic priorities and to ensure they maximize business performance. This also includes the identification of opportunities and risks against the forecasts/plans and developing mitigation pathways to meet the business objectives and financial targets of P&E.

Planning, forecasting and performance commentary analysis and reporting for the P&E function, working closely with the Chief Product Officer and leadership team as well as the DSIG Finance function.

Provide strategic, business, and operational leadership and supporting analysis to ensure that we use our resources and capital to our best advantage to drive revenue and profit and ensure we are aligned with our strategic priorities. You will work on the development, implementation and reporting of appropriate KPIs such as capitalization rates, efficiency actions and product profitability analysis (with the wider Finance team and business stakeholders as required).

Analyze and interpret financial information pertaining to business performance and make recommendations concerning strategy, business policy, resource allocation, and business operations to improve our financial performance. You will alert key executives to trends in the financial performance of various business lines that may require management action.

Help to steer the overall strategy and culture of Finance and P&E as a member of the relevant leadership teams across Finance, P&E and Thomson Reuters.

All decision support and commercial finance activities in P&E including contribution to the production of and ownership of business cases, resource utilization and capitalization analysis, capital planning, third party spend planning (including Outsourced contractor resources), resource effectiveness and productivity analysis, efficiency planning, program support, migrations & obsolescence and other ad-hoc projects as required.

Planning, forecasting opex and capital requirements in business cases, including their capitalization treatment. You will help the organization make capital and resource allocation decisions through financial analysis (e.g., classic financial analyses such as ROI and DCF/NPV).

Work in conjunction with the rest of the Finance team, including Accounting and other teams within DSIG to ensure accurate and appropriate accounting treatment of all financial activities related to the business. You will ensure compliance with Thomson Reuters policies and procedures e.g., SOX and Audit.

Develop and maintain your indirect Finance team, establishing standards for performance and giving appropriate direction to the broader Finance organization. You will develop your indirect team to ensure growth in the capabilities of the Finance function and to support succession plans across the Finance department.

Lead and contribute to agreed finance transformation initiatives and projects across P&E and the broader Finance teams, including continued adoption of automation tools and machine learning / predictive forecasting models, new financial systems, and tools such as OneStream and PowerBI, ongoing review and improvement of key processes including simplification and standardization where appropriate.

About You

You are a fit for the role of Vice President, Finance – P&E if your background includes:

Minimum 10 years fiscal responsibility for a global company, business unit or function

Recognized accountancy qualification or equivalent with extensive experience in finance roles, financial management expertise and deep knowledge of accounting principles

Integrated knowledge of Thomson Reuters; customer focused, proactive and has good understanding of Thomson Reuters strategy and business model

Strategic, forward thinker, results oriented

Strong business acumen and operationally astute

Innovative, creative problem solver

Proactive, highly organized, ability to multitask, managing time and competing priorities in a dynamic environment, anticipating, and servicing evolving needs

Excellent Excel and PowerPoint skills

Excellent communication and people skills; ability to converse with senior management openly and confidently and influence all areas of the business

Ability to synthesize information and present results in a clear and concise manner to senior executives and comfortable presenting to large audiences

Strong relationship management, collaboration, and influencing skills and demonstrated ability to work effectively across all functions of the business

Ability to lead/work on cross-functional initiatives or projects

Excellent people leadership and management skills

Strong interpersonal skills to guide and motivate global team members

Strong ethics and accountability

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What's in it For You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected

Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.

Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.

Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.

Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.

Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.