At a Glance
- Tasks: Own cost accounting and reporting, ensuring accuracy and insightful financial analysis.
- Company: Leading financial institution in London with a dynamic team.
- Benefits: Competitive salary, career growth, and a collaborative work environment.
- Other info: Opportunity to work with local and international finance teams.
- Why this job: Be at the heart of strategic decisions and shape business direction.
- Qualifications: Experience in finance and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
A leading financial institution in London is seeking a Finance Business Partner - Costs to join their dynamic team. This pivotal role offers you the opportunity to take ownership of cost accounting activities and reporting processes, working closely with both local and international finance teams. You will be at the heart of strategic decision-making, providing insightful management information that shapes business direction.
What you'll do:
- Take responsibility for complete, accurate, and timely financial analysis and reporting by ensuring all transactions from source systems are correctly recorded into the General Ledger.
- Calculate and recharge relevant components of London's costs to other group entities through invoicing processes that require attention to detail and accuracy.
- Draft and post journal entries while contributing to the design and implementation of robust financial controls that support comprehensive financial reporting.
- Prepare and monitor reconciliations supporting the financial reporting process, including bank and cash management activities.
- Provide detailed commentary on monthly Income Statement and Balance Sheet deviations from forecasted and budgeted numbers, explaining variances clearly to stakeholders.
- Compile annual budgeted numbers and monthly forecasts with input into HFM, substantiating Balance Sheet figures for regulatory purposes.
Finance Business Partner - Costs employer: Robert Walters
As a leading financial institution in London, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel. With a strong focus on professional development, we offer numerous growth opportunities and support for continuous learning, ensuring that our team members thrive in their careers. Join us to be part of a dynamic environment where your contributions directly influence strategic decision-making and drive the success of our organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Business Partner - Costs
✨Tip Number 1
Network like a pro! Reach out to current employees at the financial institution you're eyeing. A friendly chat can give us insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 2
Prepare for those interviews! Research common questions for Finance Business Partner roles and practice your answers. We want to showcase our skills in cost accounting and financial analysis confidently.
✨Tip Number 3
Showcase your achievements! When discussing your experience, focus on specific examples where you’ve made an impact in financial reporting or cost management. Numbers speak volumes, so let’s make them count!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for passionate candidates who fit our culture.
We think you need these skills to ace Finance Business Partner - Costs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Business Partner role. Highlight your experience in cost accounting and financial analysis, and don’t forget to showcase any relevant achievements that demonstrate your ability to provide insightful management information.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your familiarity with financial reporting processes and how you can contribute to strategic decision-making within the team.
Showcase Attention to Detail:Since this role requires accuracy in financial reporting and invoicing, make sure to highlight your attention to detail in your application. Provide examples of how you've successfully managed complex financial data in the past.
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 Robert Walters
✨Know Your Numbers
Make sure you brush up on your financial analysis skills. Be prepared to discuss how you've handled cost accounting in the past, and be ready to provide examples of how your insights have influenced strategic decisions.
✨Master the Details
Attention to detail is crucial for this role. During the interview, highlight your experience with journal entries and reconciliations. You might even want to prepare a few scenarios where your meticulous nature helped avoid financial discrepancies.
✨Communicate Clearly
Since you'll be explaining variances to stakeholders, practice articulating complex financial information in a straightforward manner. Use examples from your previous roles to demonstrate how you’ve successfully communicated financial insights.
✨Showcase Your Team Spirit
This position involves working closely with both local and international teams. Share experiences that showcase your collaborative skills and how you’ve contributed to team success in financial reporting or budgeting processes.
