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- Tasks: Join our Finance team as a trusted advisor, providing financial insights for BMA's Commercial and Estates functions.
- Company: The British Medical Association advocates for doctors and medical students, influencing healthcare debates in the UK.
- Benefits: Enjoy 30 days of annual leave, double matching pension contributions, and access to a 24/7 Employee Assistance Programme.
- Why this job: Be part of impactful projects in a dynamic environment, contributing to the future of healthcare.
- Qualifications: Qualified accountant with experience in financial business partnering and strong communication skills required.
- Other info: Hybrid working model available, combining office and remote work.
The predicted salary is between 60000 - 84000 £ per year.
Contract type: Permanent & Full-time
Location: London, UK
Salary: £70,025 - £70,026 per year
Hours: 40 hours per week
About the Organisation
The British Medical Association (BMA) is the professional association and trade union for doctors and medical students in the UK. It is prominent and influential at the heart of the current debate over the future of healthcare provision. The BMA speaks for doctors at all stages of their careers and is a leading voice on a wide range of professional and political issues affecting medicine and health.
About the role
We are looking for a Finance Business Partner to join our Finance team to partner with our Commercial and Estates functions. In this newly created role, the Finance Business Partner will be a trusted advisor to the Senior Leadership team and Directors, providing financial analysis and insight to support the successful running of the BMA estate. This includes BMA House in Central London and our National Offices. They will also contribute to key refurbishment and improvement projects within BMA House, a grade-listed building, creating financial plans that contribute to the long-term sustainability of the asset and providing an opportunity to increase revenue for the Association.
Responsibilities
- Supporting the calculations regarding service charges (as part of lease negotiations) to ensure that appropriate costs are recovered.
- Support the project in optimising tax costs, liaising with internal and external support as necessary.
- Analysing project expenses and providing commentary on progress and any variances.
- Overseeing project records and contracts to ensure terms are adhered to.
- Taking responsibility for all financial information provided to the business, and the associated recommendations, using all available data and analytics tools.
- Challenging weaknesses in process compliance within the business and reporting on control effectiveness.
- Engaging early and supporting managers in navigating business case and procurement processes, including monitoring contract spend, ensuring contract compliance, and supporting early tendering for contracts.
- Providing strategic advice and analysis on financial impact, performance and risk to stakeholders and contributing to the strategic direction of the wider business area.
- Support the business in demonstrating value for money in the delivery of the strategic objectives.
- Building and maintaining key relationships, developing trust and rapport, and managing expectations of senior managers and stakeholders.
- Developing a good understanding of the business, seeking out opportunities to better understand the commercial and operational drivers.
- Contributing to the professional leadership and the wider finance function, working collaboratively with finance business partners and seeking ways to continuously improve the function.
Skills, Competencies & Experience
- Qualified accountant with previous experience in financial business partnering in a commercial setting.
- Expertise evidenced by qualification with a recognised professional accounting body (CCAB or equivalent).
- Confident communicator, comfortable with advising and challenging senior business leaders.
- Highly proficient in using and interpreting data and analytics to support analysis and decision making.
- Ability to work on own initiative and manage competing needs of different key stakeholders.
- Proactively produces innovative and creative suggestions to generate opportunities for organisational improvement and effectiveness.
- Proactively takes responsibility for achieving outcomes, constructively challenges, and drives performance.
Communication
Communication, influencing, and developing relationships are key to the success of this role. Working closely with directorate/department heads to review operational activity, discuss and explain business performance, communicate regular financial/KPI information, and provide expert financial advice and insightful reporting to support decision making.
Compensation & Benefits
- 30 days' annual leave plus bank holidays and a BMA company day.
- Double matching pension contributions 12%.
- Additional leave (after completion of the probationary period).
- Access to a 24/7 Employee Assistance Programme (EAP) with free Learning and Development/training opportunities.
- Season ticket loan (up to £10,000) after completion of probationary period.
Conditions of employment
You must have the right to work in the UK.
Working locations
Hybrid model, working in the London office and remotely.
How to apply
If this sounds like the right opportunity for you, please apply online. If you require any reasonable adjustments or additional support at any point during the application process, please email.
Interviews
Only selected candidates will be invited for an interview.
Policies
BMA is committed to the equal treatment of all current and prospective employees and does not condone discrimination based on age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, or marriage and civil partnership.
Finance Business Partner - Commercial & Estates employer: Association of Association Executives
Contact Detail:
Association of Association Executives Recruiting Team
recruitment@bma.org.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner - Commercial & Estates
✨Tip Number 1
Familiarise yourself with the British Medical Association's (BMA) mission and values. Understanding their role in healthcare will help you align your responses during interviews, showcasing how your financial expertise can support their objectives.
✨Tip Number 2
Network with professionals in the finance and healthcare sectors. Attend industry events or webinars where BMA representatives might be present. Building connections can provide insights into the organisation and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully partnered with senior leadership in previous roles. Highlight your ability to provide strategic financial advice and how it positively impacted business outcomes, especially in commercial settings.
✨Tip Number 4
Stay updated on current trends in estates management and construction projects relevant to the healthcare sector. Being knowledgeable about these areas will demonstrate your commitment and readiness to contribute effectively to the BMA's initiatives.
We think you need these skills to ace Finance Business Partner - Commercial & Estates
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial business partnering, particularly in commercial settings. Emphasise your qualifications and any specific projects related to estates management or construction.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the BMA's mission. Use specific examples from your past experiences that demonstrate your ability to provide strategic financial advice and build relationships with stakeholders.
Highlight Key Skills: Clearly outline your skills in data analysis, communication, and project management. Mention your proficiency in using analytics tools and your ability to present complex financial information in an understandable way.
Showcase Your Understanding of the Organisation: Demonstrate your knowledge of the BMA and its role in healthcare. Discuss how your background aligns with their objectives and how you can contribute to their financial strategies and operational goals.
How to prepare for a job interview at Association of Association Executives
✨Understand the Organisation
Before your interview, take some time to research the British Medical Association (BMA). Familiarise yourself with their mission, values, and current issues in healthcare. This will help you align your answers with their goals and demonstrate your genuine interest in the role.
✨Showcase Your Financial Acumen
As a Finance Business Partner, you'll need to exhibit strong financial analysis skills. Be prepared to discuss your previous experiences in financial business partnering, particularly in commercial settings. Use specific examples to illustrate how you've contributed to financial planning and decision-making.
✨Communicate Effectively
Given the importance of communication in this role, practice explaining complex financial concepts in simple terms. Prepare to discuss how you've successfully communicated financial insights to non-financial stakeholders in the past, as this will be crucial for building trust and rapport.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and strategic thinking. Think about potential challenges you might face in the role, such as managing competing stakeholder needs or optimising project costs, and prepare thoughtful responses that highlight your proactive approach.
