Finance Business Partner in London

On behalf of the Bank of England, we are looking for a Finance Business Partner - Inside IR35 for a 6 month contract working on a Hybrid working (50% office attendance over a month). The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

Role purpose: The postholder will provide financial support, insight and constructive challenge to support areas of the Bank, working closely with senior stakeholders to support strategic planning, budgeting, forecasting, cost management and investment activity.

Main duties and responsibilities:

• Build trusted relationships with senior stakeholders, providing clear financial advice, insight and constructive challenge to support effective decision-making.
• Lead financial planning for assigned business areas, including multi-year planning, budgeting and forecasting, ensuring that financial plans align with business strategy.
• Produce timely, accurate and insightful reporting on expenditure and headcount, clearly explaining performance against budget and forecast.
• Work with stakeholders to develop robust budgets and forecasts, reviewing and constructively challenging assumptions to ensure that plans are evidence-based and support value for money.
• Identify emerging financial risks, pressures and opportunities, and recommend appropriate action.
• Support business areas in identifying, assessing and delivering sustainable cost savings, efficiencies and value-for-money improvements.
• Provide effective financial oversight and control of business-as-usual.
• Lead or support month-end activities and the preparation and presentation of monthly financial performance information.
• Collaborate with colleagues across Finance to improve financial processes, reporting and ways of working.
• Support wider priorities across the Finance Business Partnering Division and contribute to the development of junior colleagues.
• Lead ad hoc activities, including process optimisation, as required.

Essential:

• Proven experience in partnering support functions (Technology, Property, People, etc.) of an organisation.
• Significant experience in finance business partnering, management accounting, financial planning or a comparable finance role.
• Strong analytical skills, with the ability to interpret complex financial and non-financial information and translate it into clear insights and recommendations.
• Ability to build effective relationships, provide constructive challenge and influence stakeholders, including senior leaders.
• Strong organisational skills, with the ability to manage competing priorities and deliver high-quality work to tight deadlines in a fast-paced and changing environment.
• Experience of budgeting, forecasting and management reporting.
• Strong written and verbal communication skills, including the ability to explain complex financial matters clearly to non-finance audiences.
• Ability to identify financial risks, pressures and opportunities and recommend proportionate action.
• Strong Excel skills and experience of using Oracle or another finance or ERP system.
• Ability to analyse large and complex datasets, using data-visualisation techniques where appropriate to identify key implications and make clear recommendations.
• Ability to work collaboratively and support priorities across the wider Finance Business Partnering Division.

Desirable criteria:

• A recognised professional accounting qualification, progress towards a qualification, or relevant equivalent experience.
• Experience of cost management in a business-as-usual, investment or project-finance environment.
• Experience of identifying and delivering efficiencies or sustainable cost savings.
• Experience of data-visualisation or business-intelligence tools.

Please be aware that this role can only be worked within the UK and not Overseas.

Our Approach to Inclusion: The Bank values diversity, equity, and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve. At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation, and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.

Disability Confident: As a Disability Confident employer, the Bank of England encourage applications from disabled and neurodivergent candidates. Applications from candidates who identify as having a disability and meet the essential criteria for the role will be prioritised for review. Where application volumes are high, additional role-specific and desirable criteria may be applied as part of the shortlisting process which may include holding active security clearance.

Armed Forces Covenant: As a signatory of the Armed Forces Covenant, the Bank of England welcome applications from veterans, service leavers, reservists and military spouses or partners. Applications from eligible candidates who meet the essential criteria for the role will be prioritised for review. Where application volumes are high, additional role-specific and desirable criteria may be applied as part of the shortlisting process which may include holding active security clearance.