Finance Business Partner

Job for a Finance Business Partner in E16


An exciting role has been newly created for an organisation based in East London. The role is that of a Finance Business Partner. This role offers the flexibility of hybrid working 3 days in the office, 2 days working from home. Reporting to the Head of Finance you will be based in East London whilst liaising with a wider finance team based in the North of England.

You will be required to:

This key role will focus on providing financial analysis and reporting to support quality commercial decisions across the operations, engineering and other business areas. You will be supported by a Shared Service Centre fulfilling various functions including financial and management accounting services, and treasury.
The work is varied and challenging. This role is primarily based at our East London HQ in E16 as part of our business, but you will be joining a large company providing services throughout the UK. We also continue to take steps to improve the efficiency of our operations and maintain close control of costs. We are focused on delivering high levels of customer satisfaction with our UK business achieving 90% satisfaction, according to the latest independent research published by consumer watchdog,

Key Challenges for Finance
Be proactive:
Better decisions, forward looking
To be clear on Tender award impact e.g. tender wins/losses by clearly identifying direct, indirect and fixed costs of the business
To be able to model opportunities and risks for decision making: scenario / sensitivity modeling
To develop simple but dynamic models for forecasting up to 3 years ahead (rolling)
More focused: Key Business Metrics - Creation of meaningful 'costs' in the form of KPIs metrics for weekly monitoring.

Responsibilities include:
Management Accounts (4-weeks) and reporting - Ensure the management accounts and supporting Group commentary are completed accurately within deadlines - Develop and report KPIs to support cost control

• Accounts finalised in accordance with timetables
• Line items clearly understood with explanations of variances

Risks and opportunities clearly identified Financial Accounting Support Group Finance and Shared Service Centre in preparing the financial statements and statutory accounts

• Accounts are accurate and reflective of London's financial performance

Decision making supports the financial review of investment and development opportunities identifies options and relevant financial costs for presentation to stakeholders. Prepares clear evaluations of options by working with key staff to capture the important elements impacted by choice e.g. acquisitions, commercial opportunities

• Analysis and supporting reports are accurate and clear thus aide good informed decision making
• Business Cases providing summaries of opportunities and risks

• Accurate costs included in Bids
• Key assumption and sensitivities fully understood by stakeholders
• Key risks and opportunities clear and visible
• Presentation of key metrics

Billing and Collections - Ensure invoices are billed accurately and on a timely basis from schedules. Ensure source information is up to date and accurate. Ensure cashflow implications are fully understood

• Services are billed and cash is received per timetables

Budget, Forecasting Preparation of Budgets and Forecasts for the business in accordance with Group timetables.

• Budget holders and key stakeholders clearly understand their Budgets, Forecasts and Targets.
• Key financial performance metrics as well as risk and opportunities
• Models developed to project forward impact of assumption changes

Financial Controls & Reporting Support the Head of Finance in ensuring financial controls, credit management disciplines and management reporting are in place and implemented in a timely manner.

• Cost targets are met
• Financial accountability is controlled in accordance with delegated authority.
• Results and reporting is accurate and reflects reality.
• Group and legislated accounting policies and principles are met.
• Credit management policies in place and targets achieved
• Monthly reporting completed on time and provides analysis of trends.

This role will support your study towards a professional accounting qualification.
25 days annual leave plus the bank holidays
It would suit someone who is flexible and dynamic and has previous FBP experience.


What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk