Back-office organizational restructuring project

Transforming the finance function
Treasury
Process
Energy/ Infrastructure

Background and objectives mission

The mission is part of a complex treasury organization within an international group, with back offices spread over several sites: Paris, London and Brussels. The main objective was to restructure the finance function by rationalizing positions and centralizing activities in order to improve operational efficiency. The aim was also to reduce costs, strengthen the governance of financial processes, and harmonize practices between entities. This transformation was designed to improve risk management and optimize cash flow management in a context of changing regulations.

approach adopted

We began with a detailed diagnosis of current activities, mapping processes and identifying redundancies and inefficiencies across the three sites. We then supported the treasury department in the design of a centralized model, choosing Brussels as the sole location for the back office. The assignment included defining and implementing technical and organizational optimizations, actively seeking synergies between teams, and raising awareness of market best practices. In addition, a training plan was deployed to ensure that the new standards were adopted, and rigorous monitoring via a PMO ensured effective project management.

Benefits obtained

  • Successful centralization of back offices on a single site, significantly reducing costs
  • Process optimization, quality improvement, speed and error reduction
  • Sharing best practices to strengthen skills and inter-site collaboration
  • Rigorous management to meet deadlines and control changes