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Finance Business Partner

Allwyn UK

Finance Business Partner

Salary Not Specified

Allwyn UK, Watford

  • Full time
  • Permanent
  • Onsite working

Posted today, 18 Sep | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 15c589664260430ca018860523001cd8

Full Job Description

  • To be an effective and trusted business partner primarily to three business functions - Strategy & Corporate Affairs, Assurance & Participant Protection and General Counsel. Providing value-adding decision support, insight and challenge where appropriate. Comfortable working with senior execs


  • To provide financial leadership on strategically important business initiatives and clear insight into the progress made towards achieving business and financial targets


  • Deliver the annual budget and re-forecasts for the supported functions


  • Monitoring financial impact of risks and opportunities on a continuous basis


  • Robustly analyse expenditure on a monthly basis and provide clear management summaries for senior stakeholders within the supported functions


  • To provide financial support and guidance to your business partners on a wide range of ad hoc queries


  • To work closely with Financial Accounts to ensure month end processes are understood and postings are accurate


  • To support and drive the business change agenda, continually seeking to improve processes across Finance, o Management accounts, including budgeting and forecasting


    • o Statutory accounts

    o Licence and Trust reporting and compliance

    o Tax and VAT reporting, compliance and advice

    o Management of the cash position and relationship with our banking provider

    o Delivering value and ROI

    Team Description:

  • The Commercial Finance team provides all aspects of financial support in order to achieve our business goals and objectives, analysis of our financial performance and support for all financial decision making in the business, including:


    • o Budgeting and forecasting of Sales, Good Causes, Gross Margin, Operating costs and Cash flow

    o Decision support, particularly through the development of financial business cases to support our commercial proposals

    o Safeguarding our financial assets through control processes and ensuring that scarce resources are spent wisely

    o Publication of our Financial results to our Executive team and the Board

    o Day to day cost control / Management accounts reporting

    o Ad hoc financial analysis,
  • Be an effective and trusted business partner primarily for Strategy & Corporate Affairs, Assurance & Participant Protection and General Counsel


  • Responsibility for the management reporting of these areas, which primarily includes:


    • o Monthly analysis of overheads, challenging the status quo and identifying opportunities to improve financial performance

    o Reviewing team structures and vacancies, approving new heads that the teams wish to recruit and ensuring managers remain within approved budgets

    o Ensuring costs are accurately reported at month end

  • Preparing the annual budget and re-forecasts for these areas, working closely with team managers to understand team structures, headcount/resource requirements and other overhead plans


  • Provide financial leadership on key business projects, ensuring that the business remains within financial governance and preparing business cases for senior management that robustly analyse the financial and non-financial KPIs


  • Drive improvements in reporting, processes and use of systems


  • Provide quality ad-hoc and regular analysis to influence management decisions


  • Proactively come up with new ideas to challenge current processes and assumptions


  • Build strong relationships across the finance team and wider business


  • Be a key driver and implementer of the business change agenda - simplification and agile working - sharing best practice across the organisation


  • Support Senior Finance Business Partner with ad hoc projects

    Qualified accountant - 1-3 years PQE


  • Advanced Excel / system skills, SAP, BPC and SAC is preferable but not essential


  • Proactive self-starter, able to work in a high-paced environment


  • Customer Focus - Maximises personal contribution to the business to deliver on time and right first time


  • Personal Integrity - Matches words with actions to build trust and respect


  • Drive - Strives to achieve results through determination and commitment. Keeps going when things are difficult


  • Team Working - Builds and maintains positive relationships across teams.


  • Developing Self/ others - Creates or contributes to an environment in which self and others are motivated to learn and develop


  • Analysing and Decision Making - Analyses problems thoroughly and makes good timely decisions. Supports others' decision making through insightful analysis


  • Managing Performance - Proactively takes responsibility for personal development Supports and challenges peers to achieve their full potential. Sets stretching objectives and measures progress against them. Manages resources effectively


  • Managing Change - Champions, supports and delivers change to improve things. Helps others by overcoming barriers. Is a role model for the leadership agenda within the finance department


  • Gaining Commitment - Energises and influences others to get the job done and uses relationships to deliver great results


  • Excellent stakeholder management skills


  • Strong communication skills, verbal and written. The ability to present complex issues in a simple way


  • Proven business partnering skills


  • Commercial focus


  • Passionate business partner who is result-orientated, analytical and has the ability to drive improvements


  • A change agent who will contribute positively towards cultural change and ways of working and simplification

    We are Allwyn UK, part of the Allwyn Entertainment Group - a multi-national lottery operator with a market-leading presence in Austria, the Czech Republic, Greece, Cyprus and Italy. We have been officially awarded the Fourth Licence (10 year licence) to operate the National Lottery starting February 2024.


    • We've developed ground-breaking technologies, built player protection frameworks, and have a proven track record of making lotteries better. Our aim is to create one of the UK's most inclusive organisations - where people can bring the best of themselves, to do their best work, every day, for the benefit of good causes.

    Allwyn is an Equal Opportunity Employer which prides itself in being diverse and inclusive. We do not tolerate discrimination, harassment, or victimisation in the workplace. All employment decisions at Allwyn are based on the business needs, the job requirements, and the individual qualifications. Allwyn encourages applications from individuals regardless of age, disability (visible or hidden), sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

    While the main contribution of the National Lottery to society is through the funds to good causes, at Allwyn we put our purpose and values at the heart of everything we do. Join us as we embark on a once-in-a-lifetime, largescale transformation journey to build a bigger, better, and safer National Lottery that delivers more money to good causes.,
  • The wider finance department ensures the business is financially sound, has robust accounting and reporting processes, and delivers financial targets including profitability and returns to Good Causes

    26 days paid leave (plus bank holidays)


  • Annual bonus scheme


  • 2 x Life Days


  • 4 x Salary of Life Insurance


  • Pension: we'll match your contribution up to 8.5%


  • Single Private Health Cover


  • £500 Wellness Allowance


  • Income Protection


  • Enhanced parental leave (maternity and paternity)


  • Eye Care, Dental and Cycle To Work schemes