Senior Director, Finance

Overview

Replacement: This position is open due to an existing vacancy to support our evolving business needs.

Senior Director, Finance - Product Engineering, Operations & Technology

About Product Engineering, Operations & Technology

Our high-quality products that are transforming our customers' businesses are built by our Product Engineering teams. Powered by our world-class content sets, the team of Software Engineers, Quality Analysts, DevOps Engineers, TR Labs, and Business Analysts are solving big technical problems using AI, machine learning, and high-resolution data & analytics to drive innovation for our customers.

The Senior Director, Finance will act as the business partner to the Head of Engineering, working directly with them and their leadership team to meet expense and capital targets and support the delivery of business objectives. There are 5,000 FTEs and contractors across the Product Engineering organization, which are divided into 10 pillars with a total annual cash OI of $750M.

The role reports to the VP, Decision Support & Insights Group (DSIG), and is a member of both the Product Engineering Leadership team and the Operations & Technology Finance Leadership team.

Additional key relationships/stakeholders for the role include the Chief Product Officer (CPO), the VP Finance for the CPO, the relevant HR business partners, Corporate Finance, Product Engineering pillar leads, Product Engineering Chief of Staff, and the Enterprise Prioritization Committee (EPC).

About the Role

In this opportunity as Senior Director, Finance , you will:

• Be responsible for all decision support and commercial finance activities for the Product Engineering team including contribution to the production of and ownership of business cases, resource utilization and capitalization analysis, capital planning, 3rd party spend planning (including outsourced contractor resources and cloud expenditure), resource effectiveness and productivity analysis, efficiency planning, program support, migrations & obsolescence, and other ad-hoc projects as required.
• Own cloud/LLM financial strategy and governance, overseeing spend, budgets, forecasting, ROI models, and cross-functional planning to ensure cloud investments and savings are aligned to strategic priorities, financial targets, and operational efficiency goals. Demonstrate deep understanding of cloud optimization and modernization levers, and work closely with Product Engineering teams to operationalize initiatives that improve cost efficiency, performance, scalability, and technology effectiveness.
• Provide analysis and leadership to ensure that we use our resources and capital to our best advantage to drive revenue and profit. Work on the development, implementation, and reporting of appropriate KPIs such as capitalization rates & efficiency actions, product profitability analysis, and cloud expenditure (with the wider finance team and business stakeholders as required).
• Work with the VP Finance, Operations & Technology and the Head of Engineering and the Product Engineering Leadership team to improve the partnership between the Product Engineering organization and the key groups with which it interacts including the segments & regions, Product & Editorial, and Operations & Technology. Where required, be responsible for developing, in partnership with the Head of Engineering and other key stakeholders, mitigation pathways to meet the business objectives and financial targets of Product Engineering and Operations & Technology.
• Be responsible for all cost, capital & headcount / resource reporting, forecasting, planning & performance commentary analysis for the Product Engineering teams, working closely with the relevant members of the Product Engineering leadership team and other key stakeholders. This includes the annual budget & plan process, monthly reporting presentations, short- and long-term forecasting & planning, and the identification of Opportunities & Risks against the forecasts/plans.
• Be responsible for forecasting Opex and capital requirements in business cases, including the identification and analysis of product engineering activities & projects and their capitalization treatment. 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.
• Analyze and interpret financial information pertaining to business performance and make recommendations concerning business policy, resource allocation, and business operations to improve financial performance. 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, Product Engineering, and Operations & Technology as a member of the relevant leadership teams across finance, Product Engineering, and Thomson Reuters.
• Develop and maintain your finance team, establishing standards for performance and giving appropriate direction as part of DSIG and the broader finance organization. Develop your 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 Operations & Technology 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, and ongoing review and improvement of key processes including simplification and standardization where appropriate.

About You

You're a fit for the role of Senior Director, Finance if your background includes:

• Recognized accountancy qualification or equivalent with extensive experience in Finance roles. Relevant experience including experience with capital planning and associated systems would be an advantage.
• 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.
• Knowledge of accounting principles and their application.
• Experience thinking strategically and building business development plans.
• Tenacious and driven by delivering results.
• Strong leadership and management skills.
• Interpersonal skills to guide and motivate global team members.
• Proactive, very organized, ability to multitask, managing time and competing priorities in a dynamic environment, anticipating and servicing evolving needs.
• Enjoys working in teams; shows ability to work effectively across all functions of the business.
• Customer focused, proactive, and has a good understanding of Thomson Reuters strategy and business model.
• Excellent Excel and PowerPoint skills.
• Clear, effective communicator and comfortable presenting to large audiences.

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What’s in it For You?

• 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.

• Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.

• Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow's challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.

• Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.

• Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.

• Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.

• Making a Real-World Impact: We are one of the few companies globally 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.

Our use of AI within the recruitment process Thomson Reuters utilizes Artificial Intelligence (AI) to support parts of our global recruitment process. Unless you opt-out, our AI system will assess the information provided by you and compare it to the requirements listed for the role, and present the result to our recruitment personnel for further review. The AI system acts as a supporting tool, but there is always a human making the decision if you will be considered for the role.In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.

About Us

Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.

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. 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.

As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business 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 Employer providing a drug-free workplace.

Thomson Reuters makes reasonable accommodations for applicants with disabilities, including veterans with disabilities, and for sincerely held religious beliefs in accordance with applicable law. If you reside in the United States and require an accommodation in the recruiting process, you may contact our Human Resources Department for accommodations. More information on requesting an accommodation here.

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