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- Tasks: Support financial performance analysis and provide insights to drive business improvements.
- Company: Join a dynamic design studio with a creative and collaborative culture.
- Benefits: Competitive salary, professional development opportunities, and a vibrant work environment.
- Why this job: Make a real impact by partnering with senior management and influencing key business decisions.
- Qualifications: Experience in finance, strong communication skills, and a proactive attitude.
- Other info: Ideal for those eager to learn and grow in a creative industry.
The predicted salary is between 36000 - 60000 £ per year.
WE'RE LOOKING FOR INSIGHT, PARTNERSHIP & PRECISION. The Commercial Finance Business Partner role is a key member of the Finance Team, reporting to the Finance Director and working closely with the other members of the wider Made Thought team. The person will provide business partnering support to the Finance Director in all the monthly, annual, and ad hoc financial performance and planning activities of the business. Important to this role is analysing key financial data and providing insights that allow senior management to understand how the business is performing while identifying key areas for improvement. Attention to detail while the ability to understand the big picture is key to the success of this role, you will be required to examine and evaluate cost efficiencies as well as report back on project performance and business performance as a whole. You must also show a willingness to get involved in the day-to-day running of a busy and exciting design studio.
RESPONSIBILITIES
- Leading the revenue recognition process and documentation for the UK and US studios in accordance with IFRS15.
- Month end preparation of all accrued and deferred income accounting.
- Support and monitoring of the studio revenue forecasts and partnering with Client Services team.
- Monthly revenue variance analysis to budget for flash reporting.
- Monitoring of job performance, budget reconciliation and closure process.
- Production of monthly profitability reporting, providing insights and analysis of performance and trends for senior management.
- Support the development of implementation of commercial strategy.
- Work alongside the Finance Director to develop in depth KPI analysis and update models as required.
- Preparation of weekly performance charts, forecasts and dashboards for the Client Services and Growth Teams.
- Work alongside the Finance Director to ensure robust financial controls are in place.
- Partnering with senior business stakeholders, reviewing investment cases and influencing decision making.
- Provide commercial and financial insight and support to Client Services team on capacity, team and client performance.
- Assist with the preparation of monthly board packs.
- Assist with External Reporting requirements for our stakeholders.
- Overseeing the invoice process of accounts receivable to ensuring invoices raised align to SOW's and contractual terms.
SKILLS & EXPERIENCE
- Bring a positive and can-do attitude to all tasks, and be pro-active in facilitating expectations on the Finance Team.
- Be eager to constantly develop and embrace challenges with a view for development and learning within the team.
- Good communication is key to this role, both with internal team and external clients as a representative of the Studio.
- Have the ability to multi task, be able to prioritise and maintain balance at all times.
- Bring experience of working within a strong team and demonstrate support and assistance to team members.
EXPERTISE
- Experience of working in a creative industry preferred.
- Ideally qualified ACA, ACCA, CIMA or QBE with a professional accountancy qualification, will consider other relevant qualifications.
- Advanced Excel/Google Sheets skills and knowledge.
- Comfortable with Pivot Tables, Vlookups, Charts, SumIfs & Conditional Formatting.
- Experience and an understanding of Paprika is a benefit or a similar job costing tool.
COMMERCIAL FINANCE BUSINESS PARTNER employer: Made Thought
Contact Detail:
Made Thought Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land COMMERCIAL FINANCE BUSINESS PARTNER
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and creative industries. Attend events, join online forums, and don’t be shy about asking for introductions. We all know someone who knows someone, and that could be your ticket to landing that Commercial Finance Business Partner role.
✨Tip Number 2
Prepare for those interviews by brushing up on your financial analysis skills. Be ready to discuss how you can provide insights and support to senior management. We recommend practising common interview questions and even doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your personality! When you’re in an interview, let your positive attitude shine through. We want to see your eagerness to learn and develop within the team. Remember, it’s not just about your qualifications; it’s about how you fit into the company culture too.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and take the initiative to connect directly with us.
We think you need these skills to ace COMMERCIAL FINANCE BUSINESS PARTNER
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Commercial Finance Business Partner role. Highlight your experience in financial analysis and business partnering, and don’t forget to showcase your attention to detail and ability to see the bigger picture.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific skills like your advanced Excel knowledge and any experience in the creative industry that aligns with our needs.
Showcase Your Communication Skills: Since good communication is key for this role, make sure your application reflects your ability to convey complex financial information clearly. Use straightforward language and structure your application well to demonstrate your communication prowess.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Made Thought
✨Know Your Numbers
As a Commercial Finance Business Partner, you'll need to demonstrate your ability to analyse financial data. Brush up on key financial metrics and be ready to discuss how you've used data to drive insights in previous roles. This shows you understand the importance of precision in financial reporting.
✨Showcase Your Partnership Skills
This role requires strong collaboration with various teams. Prepare examples of how you've successfully partnered with other departments in the past. Highlight your communication skills and how you've influenced decision-making through financial insights.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving abilities, especially around revenue recognition and budget reconciliation. Think of specific scenarios where you had to analyse performance or implement financial controls, and be prepared to explain your thought process.
✨Demonstrate Your Creative Industry Experience
If you have experience in a creative industry, make sure to bring it up! Discuss how your background can contribute to understanding the unique financial challenges faced by a design studio. This will show that you can bridge the gap between finance and creativity effectively.
