At a Glance
- Tasks: Join our team to drive financial insights and support strategic business improvements.
- Company: National Grid connects communities with safe, sustainable energy solutions.
- Benefits: Enjoy a competitive salary, annual bonus, generous leave, and wellness support.
- Why this job: Be part of a dynamic team shaping the future of energy while developing your skills.
- Qualifications: Fully qualified accountant with strong analytical and stakeholder management skills required.
- Other info: Hybrid role with flexible working options and occasional travel to the US.
The predicted salary is between 46000 - 77000 £ per year.
We’re looking for a passionate Finance Business Partner – Group Functions to join our IT Global Functions team! You will be delivering business improvements and making significant contributions to large regulated or public companies. You thrive in challenging situations that require both people leadership and financial acumen, consistently seeking to bring financial insight to solve business problems. With strong analytical skills, you will be using data to tell a compelling story with a focus on commercial success. This role is based out of our Warwick office, and we’d hope to see you at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!
What You'll Do
- Support the business in evaluation of IT and Digital capital investments through robust and transparent financial modelling of long-term cash flows, with careful attention to assumptions, assessments of risks, and commercial viability.
- Develop cost-out strategies to right size our operational expenses and instill a cost-conscious mindset with stakeholders.
- Drive value in the business by exposing opportunities and insight to drive improvement initiatives.
- Manage financial risks and the implementation and maintenance of controls.
- Partner with business leadership in the development of business cases and other strategic initiatives to ensure that all current and future investments are made in line with the business strategy and value requirements.
- Develop and maintain strong relationships with the business leaders, finance colleagues, and other internal teams to ensure an efficient, consistent flow of information.
- Conduct finance review of capital projects for internal approval, ensuring sufficient funding and assessment of changes in costs and scope of projects.
- Accountable for the UK Security monthly and quarterly performance results on operating expenses and capital expenditures with an emphasis on delivering insight and commentary on matters of importance and forward thinking financial and operational impacts.
- Collaborate with other FBPs on training and best practices to drive efficiencies in activities and improved outcomes, demonstrating continuous improvement.
- Occasional travel to the US (1-2x a year) may be required.
What You'll Have
- Fully Qualified Accountant (ACA, ACCA, CIMA etc).
- Bachelor’s degree or equivalent, MBA or applicable advanced degree is preferred.
- Advanced experience in organisation with complex operating models.
- Excellent stakeholder management and communication skills - proven track record in managing conflicting stakeholder interests.
- Demonstrated critical thinking skills with an ability to identify key issues and recommend solutions to complex problems using data, logic and financial insight.
- Strong commercial acumen and ability to influence and impact the decisions and financial performance of senior stakeholders and their teams throughout the relevant business area.
- Experience in utility service business activities or IT organizations a plus.
Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.
What You'll Get
- Up to £77,000 dependent on experience.
- Plus: Up to 15% Annual Bonus (based on personal and company performance).
- 28 days annual leave, plus eight statutory days in addition.
- The option to buy additional or sell holiday days every year.
- A generous contributory pension scheme - we will double match your contribution to a maximum company contribution of 12%.
- Financial support to help cover the cost of professional membership subscriptions.
- Life Insurance 10 x base salary.
- Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
- Access to apps which support health, fitness, and wellbeing.
Further Information
This is a hybrid working role from our Warwick office with circa 2 days in the office. The closing date for this vacancy is Midnight 18 April 25, with interviews due to take place w/c 28 April 25 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
About us
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business. At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.
Finance Business Partner - Group Functions employer: National Grid plc
Contact Detail:
National Grid plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner - Group Functions
✨Tip Number 1
Network with professionals in the finance and IT sectors. Attend industry events or webinars where you can meet potential colleagues or leaders from National Grid. Building these connections can give you insights into the company culture and the specific challenges they face, which you can address in your discussions.
✨Tip Number 2
Familiarise yourself with the latest trends in financial modelling and capital investment evaluation. Being able to discuss recent developments or case studies during interviews will demonstrate your proactive approach and deep understanding of the role's requirements.
✨Tip Number 3
Prepare to showcase your analytical skills by bringing examples of how you've used data to drive business improvements in previous roles. Be ready to explain your thought process and the impact of your decisions on financial performance.
✨Tip Number 4
Research National Grid’s current projects and initiatives, especially those related to IT and digital transformation. This knowledge will allow you to tailor your conversations and show how your skills align with their strategic goals.
We think you need these skills to ace Finance Business Partner - Group Functions
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 financial acumen, stakeholder management, and analytical skills, as these are crucial for the position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Use specific examples from your past experiences to demonstrate how you can contribute to business improvements and financial insights.
Highlight Relevant Qualifications: Clearly state your qualifications, such as being a fully qualified accountant (ACA, ACCA, CIMA, etc.) and any advanced degrees. Mention any experience in utility service business activities or IT organisations, as this is a plus for the role.
Showcase Soft Skills: In your application, highlight your excellent communication and stakeholder management skills. Provide examples of how you've successfully navigated conflicting interests and influenced decision-making in previous roles.
How to prepare for a job interview at National Grid plc
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial modelling and how you've used data to drive business improvements. Highlight specific examples where your financial insight has led to successful outcomes.
✨Demonstrate Stakeholder Management Skills
Since this role involves managing conflicting stakeholder interests, come equipped with examples of how you've successfully navigated complex relationships in previous roles. Emphasise your communication skills and ability to influence decisions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your critical thinking and problem-solving abilities. Prepare to discuss how you would approach evaluating IT and Digital capital investments, including risk assessments and commercial viability.
✨Emphasise Continuous Improvement
Discuss your commitment to continuous improvement and how you've implemented best practices in past roles. Be ready to share examples of how you've collaborated with teams to drive efficiencies and improve outcomes.