VP Finance – Digital & IT

Job Description

VP Finance – Digital & IT

Derby, UK

Derby/Hybrid

We have an excellent opportunity for a Senior Finance Business Partner – Digital & IT.

The role will sit within the Group Chief Digital Information Officer’s recently reconfigured first line with accountability for total Digital & IT finance. As such, this position will play a key role partnering with the Digital & IT Senior Leadership Team (SLT) to drive effective execution on our strategy and 5YP deliverables, securing savings on managed service costs and optimising IT service/software costs. The Rolls Royce Digital & IT function is responsible for cost, quality and delivery across all three Divisions of Civil Aerospace, Defence and Power Systems as well as our Enabling Functions, and this role will also be at the centre of transformation activities as we launch RR’s Digital & IT strategy.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting, and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future, and we need people like you to come and join us on this journey.

We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

What we offer:

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.

What you will be doing:

• To be an integral part of the Digital & IT SLT providing direction, insight, and options to drive business performance 
• To business partner with consistent focus on delivery of 2025 Plan and 5YP, ensuring a good understanding of our financial numbers and associated risks & opportunities exists among all levels of the Digital/ IT management
• Support the Digital/IT teams to drive cost savings through procurement price reduction and challenging demand increases, or via further optimisation or revenue growth amongst the other IT service lines
• Provide cost transparency to the Divisions of Digital/IT costs and work with the Divisional Leaders to identify further cost optimisation
• Financial management of the Business to deliver financial commitments.  Ensure budgets and multi-year forecasts are translated into business level plans; pro-actively work to ensure optimal performance and achievement of business targets and strategy
• Lead Finance partner to Digital & IT strategy formulation and execution, ensuring all financial plans are validated, dependencies understood, key stakeholders are engaged, and risks & opportunities are communicated timely.
• Dedicated Finance partner to two strategy workstreams – AI and Tech Debt - requiring detailed knowledge and active management of workstream objectives, investment, and execution processes.
• To strengthen Finance’s position in RR’s investment appraisal process, evaluating, challenging and making recommendations on new IT investment schemes and commercial deals to ensure that we deliver effective shareholder value or reduce IT risk to within our agreed risk appetite
• Working alongside the Digital & IT Portfolio and PMO team, ensure approved Digital/IT investment cases are controlled, monitored, delivered and benefits are realised in line with agreed timelines
• Manage reporting, forecasting and any statutory requirements for Digital & IT with the help of the regional finance managers and offshore support teams
• Interpret performance trends, provide insightful analysis of the drivers of actual performance and variances to plan, support the generation of improvement plans and provide solutions to senior management on financial issues
• Manage the functional reporting timeline and deliverables for Digital & IT

• Provide ad hoc reports, assessments or presentations as required

Who we’re looking for

At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles. For this role you will need to demonstrate understanding of the appliable health and safety standards and we are looking for someone who is/has:

• A personable, driven, qualified accountant with extensive PQE
• Well organised and competent in understanding issues and getting to the heart of a problem fast
• Able to work effectively globally, sensitive to language and cultural differences, develop relationships and influence people to drive outcomes
• Good hands-on knowledge of key Rolls-Royce finance systems, including SAP, HFM and VBM.
• Demonstrated commercial acumen
• Proactive team player, resilient and results driven

• Able to effectively communicate and work collaboratively with senior stakeholders and subject matter experts
• Future oriented and able to anticipate future consequences and trends accurately
• Good excel and PowerPoint skills, knowledge of RR systems preferable

We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives. And the more perspectives we have, the more successful we’ll be. By building a culture of respect and appreciation, we give everyone who works here the opportunity to realise their full potential.

We welcome applications from people with a refugee background.

You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

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