At a Glance
- Tasks: Lead finance and procurement services, ensuring effective management and governance.
- Company: Join a dynamic organisation focused on impactful financial strategies.
- Benefits: Flexible remote work, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on continuous improvement and team development.
- Why this job: Make a real difference in financial planning and organisational success.
- Qualifications: Senior finance leadership experience and a relevant accounting qualification required.
The predicted salary is between 59576 - 70089 £ per year.
The post holder will be required to attend BACP in Lutterworth House as required, this is not expected to be weekly as both the Finance and Procurement teams work mostly remotely.
Purpose
To lead the delivery of BACP's finance and procurement services, ensuring effective financial management, procurement governance, commercial oversight and value for money in support of organisational objectives.
Working closely with the Chief Operating Officer, Executive Team and Heads of Service, the role provides professional financial and commercial expertise, contributing to the development of BACP's Finance and Procurement Strategy and translating strategic priorities into effective financial, procurement and commercial plans.
The role is responsible for financial planning, reporting, governance, procurement, supplier management and the continuous improvement of finance and procurement services, ensuring compliance with regulatory requirements, good governance and best practice.
- Accountabilities
- Work with the Chief Operating Officer and Executive Team to inform the development of BACP's Finance and Procurement Strategy, translating strategic priorities into deliverable financial, procurement and commercial plans.
- Provide professional financial and commercial advice, insight and recommendations to the Chief Operating Officer, Executive Team and Heads of Service to support effective organisational planning, decision-making and performance management.
- Lead, develop and inspire the Finance and Procurement team, ensuring the delivery of high-quality, efficient and customer-focused services.
- Lead the delivery of budgeting, forecasting, financial planning and reporting processes, ensuring the organisation has timely, accurate and meaningful financial information to support decision-making.
- Ensure effective financial management, governance, internal controls and compliance with statutory, regulatory and audit requirements.
- Lead the implementation and continuous improvement of finance, procurement and commercial policies, processes, systems and controls, ensuring they remain effective, compliant and aligned with organisational needs.
- Oversee procurement, supplier management and commercial contracting activities, ensuring effective governance, value for money and appropriate management of commercial and financial risks.
- Provide financial and commercial analysis, performance information and insight to support organisational planning, operational decision-making and continuous improvement.
- Manage relationships with auditors, regulators, banks, insurers, professional advisers, suppliers and other external partners, ensuring effective communication, compliance and accountability.
- Support the delivery of organisational change and improvement initiatives by providing financial, procurement and commercial expertise and guidance.
- Promote sound financial management, commercial awareness and value-for-money principles through effective business partnering and support to managers across the organisation.
- Knowledge and Experience
- Proven experience in a senior finance leadership role.
- Fully qualified accountant (ACA, ACCA, CIMA, CIPFA or equivalent).
- Experience of contributing to the development and delivery of financial strategies, plans and objectives within a complex organisation.
- Significant experience of financial planning, budgeting, forecasting, reporting, governance and control.
- Experience of procurement, supplier management and commercial governance.
- Experience of developing and leading high-performing teams.
- Excellent communication, influencing and stakeholder management skills, with the ability to build credibility and provide constructive challenge.
- Strong analytical, planning and problem-solving skills, with the ability to translate organisational priorities into effective financial and commercial plans.
- Experience of providing professional financial advice, analysis and recommendations to support organisational planning and decision-making.
- Experience of working with auditors, professional advisers and external stakeholders, and maintaining effective governance, compliance and risk management arrangements.
Head of Finance & Procurement in Lutterworth employer: BACP
At BACP, we pride ourselves on fostering a supportive and collaborative work environment that empowers our IT Support Technicians to thrive. With a hybrid working policy, employees enjoy the flexibility of remote work while also benefiting from in-office collaboration, ensuring a balanced approach to teamwork and personal growth. Our commitment to professional development, coupled with a focus on modern cloud technologies, provides ample opportunities for skill enhancement and career progression within a mission-driven organisation dedicated to making a positive impact.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Finance & Procurement in Lutterworth
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BACP. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Finance & Procurement in Lutterworth
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BACP.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BACP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BACP
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BACP.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BACP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BACP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.