Finance Business Partner

Finance Business Partner

Essex Full-Time 39600 - 66000 £ / year (est.) Home office (partial)
U

At a Glance

  • Tasks: Lead financial strategy, budgeting, and analysis for the college while managing payroll and compliance.
  • Company: Join USP College, a dynamic institution focused on delivering quality education and financial health.
  • Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
  • Why this job: Be part of a collaborative team making a real impact in education and financial management.
  • Qualifications: Part qualified or experienced in finance, with strong analytical and communication skills.
  • Other info: Flexible working environment in vibrant locations like Salford Quays and Central London.

The predicted salary is between 39600 - 66000 £ per year.

Job Details
As a member of the College Management Team, the Finance Business Partner will report to the Chief Finance Officer (CFO).
This role is responsible for managing the Finance business support function, including budget forecasts and planning, payroll management, monthly reconciliations, and budget control, ensuring efficient and effective resource deployment.
The Finance Business Partner will maintain extensive contact with both internal and external customers, providing effective leadership and management, and leading financial support for all college budget managers.
Additionally, the role supports the CFO in strategic leadership and planning to ensure USP College delivers its financial plan and maintains strong financial health.
Duties & Responsibilities

  • Financial Strategy and Analysis: Develop and implement the college\’s financial strategy, including budgeting, forecasting, and performance analysis aligned with strategic goals.
  • Budgeting and Forecasting: Prepare annual and periodic budgets and forecasts and develop financial plans.
  • Stakeholder Collaboration: Partner with college Curriculum and Business Support departments to understand their needs and ensure financial strategies align with college objectives.
  • Financial Stability and Compliance: Ensure legal compliance, financial solvency, and risk management through robust controls and alignment with audit and funding standards.
  • Team Leadership: Line manage the Payroll Officer and collaborate with the Finance Manager and Finance Team in preparing monthly management accounts and annual year-end processes.
  • Process Improvement: Continuously review and enhance financial procedures and internal control processes for greater efficiency and accuracy.
  • Strategic Participation : Actively contribute to the College Management Team and support strategic projects including capital investments and procurement initiatives.
  • Communication & Training : Clearly communicate financial information to diverse audiences and provide training to non-finance staff.
  • Reporting & Analysis : Conduct in-depth financial analysis, prepare management reports, and offer data-driven recommendations.
  • Service Delivery : Deliver high-quality, customer-focused financial services across campuses, ensuring accessibility and responsiveness.
  • External Relationships : Maintain effective relationships with external stakeholders including auditors, banks, regulators, and contractors.
  • Flexibility & Professionalism : Demonstrate adaptability, professionalism, and effective time management in a dynamic, multi-disciplinary environment.

Job Requirements:
Essential:

  • Part Qualified/Studier or qualified by experience
  • Knowledge and experience of payroll and payroll systems
  • Proficiency in financial software and systems
  • Experience of working successfully with external stakeholders and partners
  • A solid understanding of financial concepts, accounting principles, and budgeting processes

Desirable:

  • Educated to degree level and ACA/ICAEW/ICAS or Relevant post-graduate qualification
  • Experience gained from FE, ideally from a grade 2 college
  • Knowledge of funding in the FE sector
  • Experience of change management, restructures, mergers and acquisition

The right candidate will have:

  • High standards of communication and interpersonal skills
  • Strong analytical and communication skills with the ability to present clear, fact-based analysis
  • Comprehensive knowledge and understanding leadership strategy and demonstrable leadership skills
  • Commitment to educational values
  • Ability to work flexibly to meet changing needs
  • Ability to work effectively as a team member
  • High level of personal integrity and confidentiality
  • Commitment to equality of opportunity
  • Appropriate professional appearance
  • Ability to work at an accelerated pace and implement change
  • Ability to multitask and remain motivated in a high-pressure environment
  • Salford Quays, Central London, Staines, UK/Hybrid
  • £55,000 per annum (Dependent on experience)
  • Salford Quays, Central London, Staines, UK/Hybrid
  • £55,000 per annum (Dependent on experience)
  • #J-18808-Ljbffr

    Finance Business Partner employer: USP College

    USP College is an exceptional employer that prioritises employee growth and development within a supportive and collaborative work culture. Located in vibrant areas such as Salford Quays and Central London, the college offers competitive salaries, flexible hybrid working options, and a commitment to educational values, making it an ideal place for finance professionals seeking meaningful and rewarding careers.
    U

    Contact Detail:

    USP College Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Finance Business Partner

    ✨Tip Number 1

    Network with professionals in the finance sector, especially those who have experience in educational institutions. Attend relevant industry events or webinars to connect with potential colleagues and learn more about the specific challenges and opportunities in the FE sector.

    ✨Tip Number 2

    Familiarise yourself with the latest financial software and systems that are commonly used in educational settings. Being proficient in these tools can set you apart from other candidates and demonstrate your readiness to hit the ground running.

    ✨Tip Number 3

    Prepare to discuss your experience with budget forecasting and financial analysis in detail during interviews. Be ready to provide examples of how you've successfully managed budgets or improved financial processes in previous roles.

    ✨Tip Number 4

    Showcase your leadership skills by highlighting any experience you have in managing teams or projects. Discuss how you’ve effectively communicated financial information to non-financial stakeholders, as this is crucial for the Finance Business Partner role.

    We think you need these skills to ace Finance Business Partner

    Financial Strategy Development
    Budgeting and Forecasting
    Stakeholder Collaboration
    Financial Compliance and Risk Management
    Team Leadership
    Process Improvement
    Financial Analysis
    Communication Skills
    Interpersonal Skills
    Proficiency in Financial Software
    Understanding of Payroll Systems
    Change Management
    Analytical Skills
    Time Management
    Adaptability

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Finance Business Partner role. Focus on your financial strategy, budgeting, and stakeholder collaboration experiences.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the college's financial needs and how your background makes you a perfect fit. Mention specific examples of your past achievements in finance and leadership.

    Highlight Relevant Qualifications: Clearly state your qualifications, especially if you are part qualified or have relevant experience. Include any certifications like ACA/ICAEW/ICAS that may strengthen your application.

    Showcase Communication Skills: Since the role requires strong communication skills, provide examples in your application of how you've effectively communicated financial information to diverse audiences or trained non-finance staff.

    How to prepare for a job interview at USP College

    ✨Understand the Financial Landscape

    Familiarise yourself with the financial strategies and challenges specific to the education sector. Be prepared to discuss how your experience aligns with budgeting, forecasting, and compliance in a college environment.

    ✨Showcase Your Stakeholder Management Skills

    Highlight your experience in collaborating with various departments and external stakeholders. Prepare examples of how you've successfully aligned financial strategies with organisational objectives and improved stakeholder relationships.

    ✨Demonstrate Leadership and Team Management

    Be ready to discuss your leadership style and how you manage teams effectively. Share specific instances where you've led financial projects or initiatives, particularly in a multi-disciplinary setting.

    ✨Prepare for Scenario-Based Questions

    Anticipate questions that require you to think critically about financial scenarios. Practice articulating your thought process on budget control, risk management, and process improvements, as these are key aspects of the role.

    Finance Business Partner
    USP College
    U
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