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Manager, Product Owner Financial Systems and Technology

$116.08k - $199.6k

Markel

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Product Owner, Oracle P2P is responsible for Markel's Oracle Procure-to-Pay (P2P) applications, spanning Procurement, Accounts Payable, Expenses, and Cash Management. This role serves as the primary liaison between the Financial Systems & Technology team and IT, ensuring Finance priorities across the P2P suite are clearly communicated, prioritized, and delivered.In addition to owning the day-to-day configuration, performance, and controls of the P2P applications, this role partners closely with the Senior Transformation Lead, Financial Systems on the identification and deployment of AI and automation opportunities across the P2P suite, ensuring the system evolves to support changing business requirements. Reporting to the Director, Financial Systems & Technology, the Product Owner will represent Finance's interests on the strategic Oracle roadmap and drive continuous improvement across the end-to-end P2P process.Key ResponsibilitiesOracle P2P Product OwnershipServe as the Finance product owner for Oracle P2P applications, ensuring configuration, functionality, and data integrity support the end-to-end processPartner closely with business stakeholders, including senior leadership within Global Disbursements, to understand priorities, keep them apprised of planned and in-flight system enhancements, and create a forward-looking P2P product roadmap that aligns business needs, technical feasibility, and Finance’s strategic objectivesAct as the Finance point of contact for prioritization and issue escalation across the P2P suiteIdentify and champion enhancements that improve P2P efficiency, control effectiveness, and reporting quality, working with IT to scope and deliver solutionsMonitor system performance and data quality across P2P modules, coordinating resolution of issues with IT and ensuring root-cause findings are translated into process controls and preventative measuresMaintain a working understanding of upstream and downstream impacts of P2P configuration changes on the general ledger, reporting, and related financial systemsProvide oversight to the Managed Services team responsible for routine P2P operations, ensuring day-to-day ‘run the engine’ activities run smoothly and established processes and deadlines are followedAI & Automation EnablementStay abreast of emerging Oracle-native AI and automation capabilities within the P2P suite, and proactively flag relevant opportunities to the Senior Transformation Lead, Financial SystemsPartner with the Senior Transformation Lead, Financial Systems to evaluate proposed AI and automation use cases against P2P system capabilities, configuration constraints, and data quality considerationsOwn the underlying P2P system configuration and data readiness required to support AI and automation initiatives led by the Senior Transformation Lead, Financial SystemsProvide subject matter expertise on P2P processes and controls during the design, pilot, and rollout of AI and automation solutions, ensuring compatibility with existing system architectureEnsure AI and automation solutions deployed within P2P comply with internal controls, data governance, and audit requirements once implementedRequirements & Solution DesignTake full ownership of gathering, documenting, and translating P2P business requirements into technical solutions in partnership with ITAct as subject matter expert on the technical aspects of P2P solution development and integration, including requests for changes and deviations from specificationsDefine and manage scoping, requirements definition, and prioritization activities for P2P initiatives of significant size and complexityLead the selection of appropriate business analysis and testing methods, drawing from plan-driven/predictive or more adaptive (iterative and agile) approaches as appropriateOwn the coordination of end-to-end testing efforts for P2P system changes, including test strategy, UAT coordination across stakeholder groups, and issue resolution to closureEnsure system enhancements and configuration changes continue to align with evolving business requirements across the P2P suiteProcess Governance & Continuous ImprovementDrive continuous improvement across the end-to-end P2P process, from requisition through payment, in partnership with Procurement, Disbursements, and TreasuryDrive standardization and compliance across business units and geographies to support automation and AI adoption within P2PDefine and monitor KPIs and control metrics (e.g., PO compliance rate, invoice cycle time, exception management) to drive process improvementBenchmark performance against best practices and industry standards, proactively identifying and championing process improvementsFoster collaboration across Procurement, Disbursements, Treasury, Finance, and IT teams, and promote a culture of accountability and service excellenceData Governance & ControlsEnsure internal controls are in place, functioning appropriately, and documented across the P2P suiteOwn control documentation and remediation activities for the assigned areaMaintain audit readiness across all Finance processes under ownership and proactively assess the control impact of system or process changesLiaise with external auditors and coordinate responses to information requestsStakeholder Partnership & CommunicationServe as the primary liaison between the Financial Systems & Technology team and IT, ensuring Finance and business priorities across P2P are clearly communicated, actioned, and deliveredTranslate complex technical information into clear, business-friendly communication for Finance and business stakeholders at all levelsFacilitate meetings with project teams and business/Finance leadership around P2P initiatives, project plans, and status updatesBuild and maintain strong working relationships across Procurement, Disbursements, Treasury, Finance, and ITLeadership & People DevelopmentDirectly manage and develop a team of Business Analysts supporting Oracle P2P, providing clear direction, ongoing coaching, and accountability for the quality and timeliness of their workOversee Business Analyst activities including requirements documentation, UAT coordination, and process testing across P2P initiatives, ensuring outputs meet Finance and IT standardsEngage in meaningful career development conversations and create opportunities for team members to grow their skills and advance their careersDeliver candid and constructive performance feedback; address performance issues promptly and effectivelyModel the Markel Style and demonstrate leadership presence with peers, direct reports, and cross-functional partnersEducationBachelor’s degree preferred or equivalent experience5+ years of experience in Finance, Financial Systems, or a related field preferredInsurance industry experience preferredWork Experience & SkillsetTechnical SkillsExperience with a leading P2P technology suite (Oracle Fusion preferred) from a Finance user or Finance IT perspectiveFamiliarity with AI and automation capabilities across the P2P process, with the ability to assess applicability and provide informed direction to IT partnersStrong understanding of end-to-end P2P process flows and their upstream/downstream impact on the general ledger and financial reportingFamiliarity with automation tools and platforms such as Alteryx, Power Automate, or AI-driven process solutions a plusExperience with Power BI, SmartView, or other financial reporting and analytics tools a plusFamiliarity with Agile project methodologies and iterative delivery approachesProfessional SkillsProven people management experience, with a track record of leading, developing, and holding teams accountableAbility to communicate and process technical information in a business-friendly mannerExcellent analytical and problem-solving skills with a track record of driving issues to closureStrong organizational skills with the ability to manage multiple priorities independently and re-prioritize quicklyExcellent facilitation, interpersonal, and presentation skillsProven ability to partner with and influence business and IT stakeholders without formal authorityCommitment to delivering excellent client service and continuous improvementAbility to work effectively in diverse, global teams under tight deadlinesFlexibility to adapt work responsibilities based on task prioritizationOpportunity to work remotely with the expectation of periodic in-office attendance as required by projects or initiativesUS Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.Pay information:The salary range for this position is $116,080 - $199,595. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.Who we are: Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We’re all about people | We win together | We strive for better We enjoy the everyday | We think further What’s in it for you: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.  We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.  All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.  We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.   Are you ready to play your part? Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. Caution: Employment scams Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.All legitimate communications with Markel recruiters will come from Markel.com email addresses. We would also ask that you please report any job employment scams related to Markel to View email address on click.appcast.io. Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.  Should you require any accommodation through the application process, please send an e-mail to the View email address on click.appcast.io. No agencies please.SummaryLocation: Richmond, VAType: Full time

Vacancy posted 3 days ago
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