Senior Finance Business Partner

Innovate UK, Swindon

Senior Finance Business Partner

Salary not available. View on company website.

Innovate UK, Swindon

  • Full time
  • Permanent
  • Remote working

Posted 6 days ago, 14 Dec | Get your application in now to be included in the first week's applications.

Closing date: Closing date not specified

job Ref: fde05dfcd91b4a2e938908d0630a34c2

Full Job Description

Creation of Financial and Business Performance Information in conjunction with IUKL data and insights team to report to SLT, Committees and Board to inform decision making and ensure resources are managed within allocations.
Develop, manage and maintain exceptional working partnerships with senior managers, Directors and stakeholders across Innovate UK providing strategic financial advice.
Assisting in the development of Innovate UK Investment strategy and spending review process by evaluating financial options/scenarios, impacts, potential risks and solutions.
Liaise with UKRI Central and DSIT to ensure reporting is submitted on time and the financial risks of managing a loan book are understood.
Ensure compliance with HMT Loans Financial Framework, agree allocations across multiple budget categories and complete Supplementary Estimates.
Support IUK Management reporting Team to ensure Innovation Finance forecasting, variance analysis and submission of risks and opportunities are aligned and understood.
closely work with budget holders to advise on available funding across all budget categories (Financial Transactions, OpEx, RDEL (ringfence and non-ringfenced, AME)
Support on budgeting and accounting treatment for the development of new innovation finance products
Knowledge of technical accounting for financial Instruments and ability to work closely with colleagues in the financial reporting team to analyse future budget implications based on current levels of credit provisions and fair value adjustments.
Keep up to date and familiar with the latest requirements in the Consolidated Budgeting Guidance and the relevant accounting standards to feed into the process
This is not an exhaustive list and you might be encouraged to undertake any other duties across the wider directorate, commensurate with the Band and level of responsibility of this post, for which the post holder has the key experience and/or training.

Qualified Accountant (ACA/CIMA/ACCA/CIPFA) or Qualified by Experience
Competent IT skills, including knowledge of Microsoft Office, in particular Excel (S)
Understanding of financial controls (S)
Experience of month and year-end processes and reporting, such as accruals and prepayment calculations and variance analysis (S)
Preparation of budgets, forecasts, and financial plans (S)
Experience of working as part of a wider-business, consulting with many stakeholders, showing an understanding of business priorities and working with partners to meet organisational and financial objectives (S&I)
Experience in provision of written and oral advice suitable for senior level decision makers (S&I)
Understanding of Financial Instruments and IFRS 9 and 16. (S&I)
Familiar with requirements in the Consolidated Budgeting Guidance for Financial Transactions. (S)
Skills & abilities:

Ability to build relationships with a variety of stakeholders
Line management skills
Excellent written and oral communication skills, with a proactive approach
Personal resilience and a confident, willing to apply good judgement to find solutions independently
Team working skills, able to form effective working relationships quickly
Ability to respond calmly under pressure and to make well-considered judgments in different situations
Good organisational skills, able to manage and prioritise own and others' workloads and meet deadlines in a timely manner
Ability to see the big picture, having an appreciation for the wider context
Continuous improvement approach, with practical implementation of ideas
Interview Criteria:

Qualified Accountant
Experience in financial management and analysis of financial products
Strong Management accounting, budgeting & forecasting experience, including month end processes
Numeracy and analytical skills with the ability to interpret and present financial information
Clear, demonstrable relationship management, with ability to instil confidence within stakeholders
Strong written and oral communication skills
Personal resilience approach to solve issues in short timescales