At a Glance
- Tasks: Drive financial performance through analysis and support for operational leaders.
- Company: Join a dynamic team in Coventry, focused on strategic financial insights.
- Benefits: Enjoy hybrid working and competitive pay of £400 per day.
- Why this job: Be a key player in financial decision-making and enhance your business acumen.
- Qualifications: Qualified ACA/ACCA/CIMA preferred; part-qualified or QBE with experience considered.
- Other info: Opportunity to present at leadership meetings and develop valuable skills.
The predicted salary is between 72000 - 108000 £ per year.
Finance Business Partner
£400.00 per day (Umb)
3 Months
Coventry (Hybrid working)
The Finance Business Partners play a critical role in driving the financial performance of the business by providing strategic financial analysis, insightful guidance and robust decision support to key stakeholders, primarily to Operational leaders but also to other Functional leads as required (e.g. Business Development, Procurement). Our Finance Business Partners are the key link between Operations and Finance.
Responsibilities
- Ownership of the monthly P&L reporting for a portfolio of contracts, which means:
- Working with and guiding Operational colleagues to determine the value and extent of required judgemental transactions at month end, namely accrued income and cost accruals.
- Having sufficient knowledge of the business and contracts, and confidence in their experience, to be able to robustly review and challenge both the underlying transactions posted to the contract by the Financial Controlling team and the judgements proposed by Operational colleagues.
- Explaining monthly and YTD results in-depth, including articulating the key drivers of variances to budget and forecast, to Operational colleagues, line manager and other senior Finance colleagues.
- Ensuring correct application of accounting policies and principles.
- Proactively identifying risks and opportunities for improved financial performance (see further below)
- Support with the preparation of presentations for use in monthly Regional Business Review meetings with UK Leadership. Deputise for Senior Finance Business Partner in attending and presenting at monthly meeting when required.
- Ownership of annual budget and periodic reforecasting for a portfolio of contracts, ensuring that they are underpinned by robust, business-owned assumptions which have the full buy-in of Operations.
- Monitor performance against budget and forecast, identifying areas for improvement and potential risks. Recommend actions and develop action plans to mitigate potential risks and maintain a log of risks and opportunities for consolidation into the central risks and opportunities tracker.
- Act as key decision support partners to Operations, being a \’critical friend\’ who: provides robust challenge to financial judgements and decisions; supports with managing spend within budgets; and identifies and tracks opportunities to improve contract profitability and cash flow; supports with monitoring and collection of overdue debt.
- Provide financial training and guidance to non-finance colleagues and communicate insightful financial conclusions to non-finance colleagues in a simple and concise manner.
Skills:- Qualified ACA/ACCA/CIMA preferable; part-qualified or QBE will be considered with requisite proven experience.
- Strong inter-personal, influencing, collaboration and communication skills.
- Ability to engage with Operational colleagues, and interest in how a business really works
- Can-do attitude, open to implementing new ideas and new ways of doing things.
- Strong analytical and problem-solving skills – proven experience in interpreting financial data and providing value-added insight into business performance.
- An engaged and engaging relationship builder, with the ability to work both independently and as part of a team.
- Excellent written and verbal communications skills, and ability to communicate concisely and persuasively to a broad range of stakeholders.
- Sound understanding of accounting principles and financial statements (P&L, balance sheet and cash flow)
- Excellent attention to detail with an appreciation of the importance of accuracy; but with the ability to step back and draw conclusions from own work.
- Resilient personality, with the ability to work under pressure, manage multiple tasks and meet tight deadlines.
- Strong commercial acumen.
- Advanced Excel skills; financial modelling or scenario analysis skills an advantage.
If you are interested in this position, please do not hesitate to apply! Either apply direct or reach out at . Please note that we will only be able to contact successful applicants in the first instance.
Finance Business Partner in Coventry employer: Experis
Contact Detail:
Experis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner in Coventry
✨Tip Number 1
Familiarise yourself with the specific financial metrics and reporting standards relevant to the role. Understanding how P&L statements are constructed and the key drivers behind variances will help you engage more effectively during interviews.
✨Tip Number 2
Network with current or former Finance Business Partners in similar industries. They can provide insights into the challenges and expectations of the role, which can be invaluable when discussing your fit for the position.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've successfully influenced operational decisions through financial analysis. This will demonstrate your ability to act as a 'critical friend' and support business leaders effectively.
✨Tip Number 4
Brush up on your Excel skills, particularly in financial modelling and scenario analysis. Being able to showcase your proficiency in these areas can set you apart from other candidates and show your readiness for the role.
We think you need these skills to ace Finance Business Partner in Coventry
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. Emphasise your qualifications, such as ACA/ACCA/CIMA, and showcase your analytical and problem-solving abilities.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your understanding of the role and how your background makes you a suitable candidate. Mention specific examples of how you've provided financial analysis and decision support in previous roles.
Highlight Key Skills: In your application, focus on key skills mentioned in the job description, such as strong communication, collaboration, and commercial acumen. Provide examples of how you've successfully engaged with operational colleagues and influenced decisions.
Proofread Your Application: Before submitting, thoroughly proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a finance role.
How to prepare for a job interview at Experis
✨Know Your Financial Fundamentals
Make sure you have a solid understanding of accounting principles and financial statements, especially P&L, balance sheets, and cash flow. Be prepared to discuss how these elements impact business performance and decision-making.
✨Demonstrate Your Analytical Skills
Be ready to showcase your analytical and problem-solving abilities. Prepare examples where you've interpreted financial data to provide insights that led to improved performance or decision-making in previous roles.
✨Engage with Operational Insights
Since the role involves working closely with operational colleagues, show your interest in how the business operates. Discuss any past experiences where you've collaborated with non-financial teams to drive results.
✨Prepare for Scenario Discussions
Given the emphasis on risk identification and opportunity tracking, think about potential scenarios you might face in the role. Prepare to discuss how you would approach these situations and what strategies you would implement to mitigate risks.