Finance Business Partner - London, United Kingdom - Ofcom

Ofcom

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Closing Date:
23/06/2023

Group:
Corporate Group

Management Level:
Principal

Job Type:

Permanent

Job Description:

About Ofcom

Ofcom is the regulator for the communications services that we use and rely on each day.

We make sure people get the best from their broadband, home phone and mobile services, as well as keeping an eye on TV and radio.

Our culture is clear - we live by our values: Empowerment; Excellence; Collaboration; Agility and Respect. These define how we work to deliver our purpose, now and in the future. The behaviours which support these values set the path for a fully inclusive and innovative culture at Ofcom.

We focus not only on what we do, but how we do it. We pride ourselves on being an organisation of people who genuinely care about helping others.

About the Team

This role sits within Ofcom's Business Planning & Reporting Team.

We support all functions to ensure that budgets are developed and managed appropriately, and that Ofcom adheres to all financial protocols.

Purpose of the Role

Reporting to the Head of Business Planning and Reporting, the Finance Business Partner will work closely with the management team(s) of an assigned Group(s) to support the development and management of their budget and portfolio of work.

One of a team of Finance Business Partners in the Business Planning & Reporting Team, you will manage a small team of finance analysts to support and challenge the Group in strategic and operational decisions.

Key responsibilitiesWork as a Finance Business Partner to provide value adding support, guidance, financial review and challenge to an assigned Group(s) within the organisation- Act as the financial focal point for the Group's management team and colleagues within the Group- Oversee the activities of a small team of Finance Analysts- Work with the Group Director and management team to develop an annual budget and programme of work, and work with the group to ensure that all spend is appropriate and the overall budget envelope is not exceeded- Support the Group to enable them to prioritise and plan activities and resources effectively.- Manage the month end close of accounts, assuring financial accuracy and completeness and produce the financial reporting requirements for the Group- Ensure that planned outputs and outcomes are well articulated and understood for all activities and that performance measures are in place- Provide metrics and management information to assist the Group Director and activity teams in monitoring progress against intended outcomes and outputs- Work closely with the Management Reporting Team to develop high quality, relevant reporting for the Group and to ensure existing reporting is fit for purpose and forms part of our overall performance framework- Develop, support and review the business case policy and specifically support the Group in the preparation of their business cases- Oversee the preparation of the monthly Group Reporting pack and contribute to the preparation of the monthly MI Pack- Assume responsibility for the risk management process within an assigned Group, liaising with the management and project teams to ensure that Group risk registers are reviewed and updated regularly.- Work with the Head of Risk to ensure risks are escalated where appropriate and that the integrity of the risk process is maintained- Oversee the completion of a quarterly review/re-forecast of the Group's financials, resources, and activities- Lead the budgeting process for the assigned group(s)- Lead one of the Finance Department's customer facing, cross disciplinary teams.

These teams include representation from Business Planning & Reporting, Commercial, Business Services, People & Transformation and representation from the business

Skills, Knowledge and experience- Strong management accountancy experience- Experience of building effective working relationships with other finance and business colleagues- Strong business partnering skills and the ability to influence key stakeholders- Ability to think strategically and beyond the impacts of finance, identifying both risks and opportunities- Experience of working in a matrix organisation- Strong networking and consulting skills- Able to work across different departments and at different management levels- A team manager with a proven track record in managing and developing talent- Good analytical and Excel modelling skills- Experience of analysis and reporting from financial systems- Exceptional communication skills, both verbal and written, with the confidence to express clear opinions and ability to explain financial issues to non-financial colleagues- Demonstrates a strong understanding of the operating model of the business- Communicates consistently and transparently regarding changes that impact team members- Knowledge of a recognised accountancy software package- Prior experience of working in a regulator or Government department or entity (desirable)

**Qualifications*