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- Tasks: Support financial performance analysis and provide insights to drive business improvements.
- Company: Join a dynamic design studio with a collaborative finance team.
- Benefits: Competitive salary, professional development, and a creative work environment.
- Why this job: Make an 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 passionate about finance 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 in London employer: Made Thought
Contact Detail:
Made Thought Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land COMMERCIAL FINANCE BUSINESS PARTNER in London
✨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 want to see your ability to analyse data and identify areas for improvement, so come armed with examples from your past experiences.
✨Tip Number 3
Show off your personality! The creative industry values a positive and can-do attitude. During interviews, let your enthusiasm shine through. We’re looking for someone who’s eager to embrace challenges and contribute to the team’s success, so don’t hold back!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team. We can’t wait to see what you bring to the table!
We think you need these skills to ace COMMERCIAL FINANCE BUSINESS PARTNER in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your financial analysis abilities and any relevant experience in a creative industry to catch our eye!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for the Commercial Finance Business Partner role. Share specific examples of how you've provided insights and supported decision-making in previous roles.
Showcase Your Attention to Detail: In your application, demonstrate your attention to detail by ensuring there are no typos or formatting issues. We love candidates who take pride in their work and can present information clearly and accurately.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with 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. Think about scenarios where you've had to evaluate cost efficiencies or manage budget variances. Practising these types of questions will help you articulate your thought process clearly during the interview.
✨Demonstrate Your Creative Industry Experience
If you have experience in a creative industry, make sure to highlight it. Discuss how your background can bring value to the team, especially in understanding the unique financial challenges faced by creative businesses. This will set you apart as a candidate who truly understands the environment you'll be working in.
