Finance Business Partner

Balfour Beatty (CPS) has a an exciting opportunity for a Finance Business Partner to join our growing team in South Mimms.

As a Finance Business Partner you will:

• Have overall financial management responsibility for the supporting the Financial Controller, to include the provision of meaningful and accurate financial information, with insightful interpretation and analysis.


• Partner with appropriate Directorates and cost centres to support them in achieving their financial objectives.


• To communicate wider business objectives to the operational directorates via the budgeting process, and to achieve ownership of those objectives by the cost centre leads through education, participation in target setting, and their involvement in the monthly review of financial performance.


• To work as part of the senior team managing the relevant directorates / cost centres.


• To embrace and lead change as the key to continuous improvement and help to embed a cultural shift from solely delivery, to delivery of both programme and financial performance.


• Ensuring robust cost capture at project level which is fully reconciled to business management accounts.


• To represent the relevant directorates / cost centres at SMT and Finance SLT levels.


What you'll be doing

Management Duties:

• Responsible for budgeting and forecasting and, reporting of the financial performance of the relevant cost centres.


• To coach and support cost centre managers, through a process of education and participation, to own delivery of their budgets.


• For each significant deliverable, to challenge the quality of inputs to ensure the integrity of the directorates/ cost centres financial reporting.


• Where appropriate, overall management of WIP for the directorates, ensuring prompt conversion of work performed to cash.


• To maintain the Risk & Opportunities schedule for the directorates.


• Responsible for tracking and control of Finance related queries.


• Lead the monthly internal financial review with the directorate / cost centre leads and represent the directorates / cost centres at the Senior Management Team Finance Review.


• Support cost centre leads with finance related issues.


• Assist with the financial management of each project, aid in ad-hoc detail drill down on key variances and transfer identified misallocation through cross charging to other Directorates.


• Undertake an annual review of processes and procedures. Review applicability and eliminate waste.


• Work with the Commercial Managers to validate sub-contract costs across all projects and activities including robust accrual management.


• Support the development of skills and competency across the wider Finance team as required.


Reporting Processes:

• To produce monthly management accounts, including variance analysis and supporting narrative.


• Responsible for all internal Financial Reporting, including Directorate reports detailing current performance, opportunities and threats anticipated by the cost centres in meeting budget targets.


• To support cost centre managers in the run up to, and during, the monthly Finance SLT meeting. Production and management of the Staff Utilisation process, undertake a monthly review of staff time recovery and reconcile staff time capture to budget estimates and targets set.


• Identify, investigate and resolve anomalies arising in the course of monthly reporting.


• Production of ad-hoc financial reports


Wider Finance Duties:

• Maximise directorate profitability through effective time recording and recovery.


• Minimise miscoding of transactions through education and review.


• Oversee the opening and closing of task numbers to ensure the application of a consistent methodology and avoid duplication.


• To own the process for the reciprocal invoicing / invoicing of applications from Connect Plus Services to Connect Plus to maximise our cash flow and minimise our WIP.


• Live and demonstrate the CPS Values.


• Ensure a relentless focus on Zero Harm.


• Support the delivery of CSUKs Sustainability activities.
  
  CIMA / ACCA / ACA qualified.


• An understanding of information requirements at different levels of stakeholders.


• Proven track record of producing high quality internal financial reports.


• Ability to work both within a team and independently, and with minimal supervision.


• Ability to manage and implement change, LEAN processes or similar experience.


• Articulate and confident with people at all levels. Persuasive and influential.


• Team building skills.


• Develop relationships and engender trust at all levels of the organisation.


Personal attributes:

• Good communication skills at all levels.


• Influencing skills.


• Ability to work both independently and within a team.


• Ability to take overview and then focus on specific detail as required.


• Commercial focus / awareness.


• Ability to make decisions.


• Develop self and others.


• Technical ability.


• Innovative.


• Self-starter.


• Delivery focussed.
  
  CPS is a Joint Venture project with Balfour Beatty, AtkinsR alis, and Egis. We operate and maintain the M25. The M25 is the busiest section of motorway in Europe and requires careful and efficient planning of work in order to deliver over 100m of annual investment in the highway infrastructure each year, in addition to planned and reactive maintenance activity., At Balfour Beatty we are committed to creating a diverse workforce and an inclusive culture where everyone can be themselves and reach their full potential, not only because this is the right thing to do, but because it makes us a better business.


To ensure we deliver on this commitment, we have a UK Diversity and Inclusion Action Plan which sets out the wide range of targeted, proactive, measurable steps we are taking to make this a reality. You can read our UK Diversity and Inclusion Action Plan in full at www.balfourbeatty.com/value_everyone

To help and support us with our desired commitment to create an inclusive culture we are members of WISE, enei, Business Disability Forum and Women into Construction. In 2020, we signed the Audeliss and Involve Open Letter to demonstrate our commitment to taking key long term and sustainable actions on Black Inclusion.

Balfour Beatty is also a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans, and reservists.

As a Disability Confident Employer, we are committed to working with people who have disabilities and long-term health conditions to remove barriers for them in obtaining employment. We are also committed to offering applicants with a disability an interview if they meet the minimum requirements for the role.