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, professional development, and a chance to influence real change.
- Other info: Dynamic environment with opportunities for growth and impact in a diverse team.
- Why this job: Be a trusted advisor and make a difference in financial management and strategy.
- Qualifications: Degree and full accountancy qualification required, plus 2 years of experience.
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. Additionally, the Finance Business Partner will advise and support the business for 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.
Education, qualifications and professional membership requirements:
- Degree or equivalent
- Full accountancy qualification is required (e.g. ACA, CIMA, ACCA, CIPFA, etc.)
- 2 years Post Qualification Experience
Experience and Technical Skills:
- 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 required:
- 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
Directorate/Department Overview:
The Nest Finance team is split into the following areas: Corporation Finance, Pension Scheme Accounting and Finance Business Partnering (FBP). The Corporation Finance team are responsible for the financial and management accounting for Nest Corporation including the financial accounts, monthly closing, management information and the annual business planning process. The Pension Scheme Accounting team are responsible for the financial management and accounting for the Nest members Pension Fund. The FBP Team 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.
Organisational Overview:
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 employer: Nestpensions
Nest is an exceptional employer, offering a dynamic work environment where Finance Business Partners can thrive and make a meaningful impact on the financial landscape of a major government initiative. With a strong focus on employee growth, Nest provides opportunities for professional development and encourages a culture of inclusivity and collaboration, ensuring that every team member feels valued and empowered to contribute to the organisation's mission of enhancing retirement savings for millions. Located in a vibrant setting, employees benefit from a supportive atmosphere that fosters innovation and strategic thinking, making it an ideal place for those seeking a rewarding career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Business Partner
✨Tip Number 1
Network like a pro! Reach out to current employees at Nest or in similar roles on LinkedIn. A friendly chat can give you insider info and might just lead to a referral, which is always a bonus!
✨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. Show us your analytical prowess!
✨Tip Number 3
Don’t forget to showcase your communication skills! Practice explaining complex financial concepts in simple terms. Remember, you’ll be working with non-finance stakeholders, so clarity is key.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the Nest team. Let’s get you started on this exciting journey!
We think you need these skills to ace Finance Business Partner
Some tips for your application 🫡
Start with a Strong Cover Letter:Your cover letter is your chance to shine! Make sure to highlight your relevant experience and how it aligns with the Finance Business Partner role. We want to see your personality and passion for finance, so don’t hold back!
Tailor Your CV:Don’t just send out the same CV for every application. Tailor it to showcase your financial reporting skills and experience in business partnering. We’re looking for specific examples that demonstrate your ability to influence decision-making and manage budgets effectively.
Showcase Your Analytical Skills:Since this role involves interpreting complex data, make sure to include examples of how you’ve used financial analysis to drive insights in your previous roles. We love seeing candidates who can distil high volumes of data into actionable outcomes!
Apply Through Our Website:Remember, we only accept online applications! Head over to our website to submit your application. It’s quick and easy, and ensures your application goes straight to us for review. We can’t wait to hear from you!
How to prepare for a job interview at Nestpensions
✨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 to influence decision-making in past roles. Show them you can turn complex data into actionable insights.
✨Build Relationships
This role requires strong stakeholder management skills. Prepare examples of how you've successfully collaborated with non-finance stakeholders. Highlight your ability to communicate complex financial concepts in a way that’s easy for everyone to understand.
✨Stay Flexible
Given the dynamic nature of the role, it’s crucial to show your adaptability. Be prepared to discuss times when you've had to pivot quickly in response to changing circumstances or priorities. This will demonstrate your readiness to thrive in a fast-paced environment.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's financial strategies and how the Finance Business Partner role contributes to achieving those goals. This shows your genuine interest and strategic mindset.