Finance Business Partner
Job Ref: 308
Salary: £32404 to £34110 per annum
Place of work: Leeds or Home Based
Business Unit: Association Services
Purpose of the role:
All posts at the WEA will support the vision for "A better world - equal, democratic and just; through adult education the WEA challenges and inspires individuals, communities and society."
To be responsible for financial planning and operational activities including budget development, forecasting, budget monitoring for designated business units.
To provide a professional business partnering and support service to internal stakeholders and to be seen as a valued financial advisor to staff in delivering the business units and Association`s strategic objectives.
To ensure accounting functions are undertaken to a high standard to support staff and voluntary governance and to provide financial analyses required to support meaningful decision making.
Key areas of responsibility:
1.Responsible for the financial planning, ensuring budgets and forecasts are set and monitored in line with the Association`s strategic plan in the designated business units.
2.To provide and report on analysis of key performance data to enable the evaluation of operational performance and opportunities within the business unit and contribute to medium and long-term business planning/forecasts.
3.Ensure an effective management accounting service to facilitate detailed scrutiny of financial performance and greater control over expenditure.
4.To analyse and interpret results and trends to drive through an understanding of revenue and cost drivers to facilitate informed financial decision making.
5.To perform scenario/sensitivity analyses as required.
6.To provide financial support for bids in relation to income generating activities to ensure consistency and accuracy of budgets and achievement of full cost recovery, ensuring they are assessed for risk and financial implications and be aware of on-going funding opportunities.
7.To analyse and report on the financial performance of projects and achievement of income growth targets.
8.To support Line Manager in the production of the consolidated Association`s financial reports; budgets, forecasts, year end and in year financial performance to budget providing clear and adequate analysis of variances.
9.To provide financial reports for key internal stakeholders and effectively interpret and communicate the reports to non-financial managers.
10.Responsible for ensuring payroll reports are checked and authorised in line with agreed procedures.
11.To provide cover for Financial Support Manager and other Financial Business Partners in period of absences.
12.Ensure value for money in all aspects of the designated business unit`s cost base.
13.To identify operational and contractual risks within the business unit and to work with internal stakeholders to mitigate against significant risks.
14.Responsible for all aspects of people management with the direct reports, including managing and developing a team that understands the purpose of the Association and supports the strategic focus.
15.Undertake such duties as reasonably requested by your line manager.
Experience of the Financial Planning process within a similar organisation
Significant management accounting experience including budgeting, planning and forecasting
Experience of grant funding and bid writing
Experience of supporting external income generation
Experience of value for money reviews and/or financial benchmarking
Experience of cost allocation and internal recharging methodologies
Proven ability for implementing and monitoring new systems and processes
Proven planning skills
Highly competent with Information Technology
Staff management experience
Comply with all WEAs Policies and Procedures, e.g. Code of Conduct, Health and Safety and Equality and Diversity Policy
A willingness to travel within the UK
Be prepared to occasionally work flexibly, including outside of normal office hours
Link to role