Finance Business Partner in City of Westminster
Finance Business Partner

Finance Business Partner in City of Westminster

City of Westminster Full-Time 55000 - 65000 £ / year (est.) No home office possible
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Nest

At a Glance

  • Tasks: Provide financial insights and support decision-making for key business functions.
  • Company: Join Nest, a leading government-backed pension provider with a mission to help people save.
  • Benefits: Competitive salary, flexible working, and opportunities for professional growth.
  • Why this job: Be part of exciting changes and make a real impact on financial strategies.
  • Qualifications: Degree and full accountancy qualification required, plus 2 years post-qualification experience.
  • Other info: Dynamic environment with a focus on inclusivity and diverse workforce.

The predicted salary is between 55000 - 65000 £ per year.

We are looking for a Finance Business Partner to join our Central Support Services Team on a permanent basis. The role involves ensuring the provision of accurate and timely financial information, providing high-quality analysis and insight to add value and influence decision-making. It requires robustly challenging all budget holders within the Directorates served to ensure budgets are managed effectively.

In addition, the Finance Business Partner will advise and support the business on any projects or initiatives undertaken, both as a finance subject-matter expert and in process support, ensuring all activities operate within the financial framework. Given the changing circumstances, the Finance Business Partners will need to remain flexible, and the allocation of responsibilities for particular businesses and functions may change. Initially, this role is expected to support key functions such as Commercial, Procurement, Risk, Compliance, and Legal.

The Nest Finance team is split into the following areas:

  • Corporation Finance: Responsible for the financial and management accounting for Nest Corporation including the financial accounts, monthly closing, management information and the annual business planning process.
  • Pension Scheme Accounting: Responsible for the financial management and accounting for the Nest members Pension Fund.
  • Finance Business Partnering (FBP): Plays the key role of being the interface between the Finance Function and our businesses and other functions. FBPs are trusted advisors providing strategic insight to help the business teams achieve their strategic objectives.

FBPs act as the front line of the organisation's financial control framework helping businesses operate within key controls and ensure financial risks are managed. FBPs also help promote a more commercial and performance driven culture within Nest where we can identify opportunities for continual improvement of finance and business processes.

With the launch of the new Nest strategy, and the appointment of new Executive Committee roles, there are exciting changes underway in our stakeholder businesses and functions. There is a real opportunity to be a part of those changes and to impact their success through the support offered by this Finance Business Partner role.

Qualifications & Experience:

  • Degree or equivalent Full accountancy qualification is required (e.g. ACA, CIMA, ACCA, CIPFA, etc.).
  • 2 years Post Qualification Experience.
  • Financial reporting and the management of financial data through integrated financial systems such as XLedger.
  • Financial analysis to provide insightful and actionable outcomes using Excel and other data analytics tools.
  • Finance business partnering in a structured, professional environment or roles that have required developing relationships with and supporting non-finance stakeholders.
  • Experience of communicating credibly and confidently with senior management and business stakeholders.

Personal Attributes:

  • Commercially and strategically minded with intellectual curiosity about Nest's businesses.
  • Analytical ability to interpret high volumes of complex data and distil into concise insightful actions.
  • A high degree of accuracy and attention to detail.
  • Self-starter working on their own initiative to identify opportunities.
  • Flexibility to work in a dynamic and changing environment.
  • Strong communication skills (verbal and written) particularly to non-finance stakeholders.
  • Focus on financial controls and process efficiency.
  • Delivery focused approach with ability to prioritise high volumes of challenges with positive attitude.
  • Stakeholder management including influencing and conflict management.

About Nest:

Nest is a great government delivery success story. Established in 2010, Nest has been a critical pillar of the government's automatic enrolment programme, with a public service obligation (PSO) to accept any employer wishing to use the scheme to discharge their automatic enrolment duties. From a standing start, we have delivered a high quality, low cost pension scheme, open to all, which has not only delivered on its mission, but helped to drive up standards and best practice across the industry.

Now with over 13 million members, Nest is playing a critical role in helping people save for their retirement, many of them low to moderate earners who may be saving for the first time and moving jobs frequently. Nest now occupies a place in the market as a major Master Trust, a sector that has grown following the introduction of automatic enrolment and that we believe has great potential for delivering pensions to mass market consumers for many years to come, leveraging scale to offer low cost, modernised services in the context of strong Trustee governance.

To best serve our diverse customer base, it's important that Nest has an equally diverse workforce and promotes an inclusive culture. This is in line with the organisation's values and ensures that Nest is a corporation fit for the future.

Finance Business Partner in City of Westminster employer: Nest

Nest is an exceptional employer, offering a dynamic work environment where Finance Business Partners can thrive and make a meaningful impact on the organisation's strategic objectives. With a strong focus on employee growth, Nest provides opportunities for professional development and fosters a culture of inclusivity and collaboration, ensuring that every team member feels valued and empowered. Located in a pivotal role within the government’s automatic enrolment programme, employees benefit from being part of a mission-driven organisation that prioritises low-cost, high-quality pension services for millions of members.
Nest

Contact Detail:

Nest Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Business Partner in City of Westminster

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Nest through LinkedIn. A friendly chat can give us insider info on the company culture and what they really value in a Finance Business Partner.

✨Tip Number 2

Prepare for the interview by brushing up on your financial analysis skills. Be ready to discuss how you've used data to influence decision-making in past roles. We want to see that you can bring actionable insights to the table!

✨Tip Number 3

Show off your communication skills! Practice explaining complex financial concepts in simple terms. Remember, as a Finance Business Partner, you'll be working with non-finance stakeholders, so clarity is key.

✨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, it shows you're genuinely interested in being part of the Nest team.

We think you need these skills to ace Finance Business Partner in City of Westminster

Financial Reporting
Financial Analysis
Data Analytics
Stakeholder Management
Communication Skills
Attention to Detail
Budget Management
Process Efficiency
Commercial Awareness
Strategic Insight
Problem-Solving Skills
Flexibility
Relationship Building
Conflict Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Business Partner role. Highlight your relevant experience, especially in financial reporting and analysis, and don’t forget to showcase your ability to communicate with non-finance stakeholders.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your skills align with Nest's mission. Be sure to mention any specific projects or experiences that demonstrate your strategic insight.

Showcase Your Analytical Skills: Since the role involves interpreting complex data, make sure to highlight your analytical abilities. Provide examples of how you've used data analytics tools to drive decision-making and improve processes in previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application 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 Nest

✨Know Your Numbers

As a Finance Business Partner, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data analysis to influence decision-making in previous roles. This shows you can provide the high-quality analysis they’re looking for.

✨Understand the Business

Familiarise yourself with Nest's mission and the specific functions you'll be supporting, like Commercial and Procurement. Showing that you understand their strategic objectives will help you position yourself as a trusted advisor during the interview.

✨Prepare for Scenario Questions

Expect questions that assess your ability to manage budgets and influence stakeholders. Prepare examples from your past experience where you’ve successfully challenged budget holders or improved financial processes. This will highlight your analytical skills and delivery-focused approach.

✨Show Your Flexibility

Given the dynamic nature of the role, be prepared to discuss how you've adapted to changing circumstances in previous positions. Highlighting your flexibility and self-starter attitude will resonate well with the interviewers, as they seek someone who can thrive in a changing environment.

Finance Business Partner in City of Westminster
Nest
Location: City of Westminster
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