Finance Business Partner

Location:Herefordshire
Job Type:Full Time

About Network Rail

The railway plays a critical role in connecting people, businesses and communities to support both regional and national economic growth. We run the safest railway in Europe, committed to getting everyone home safe every day. In our role as an asset management service organisation, Network Rail owns, operates, maintains and, where funded, enhances the railway infrastructure.

With a 5,000-strong workforce and 2,700 miles of railway, our routes are here to serve communities and businesses of Wales, the Thames Valley, West of England and the South West Peninsula.

We transport commuters to key employment hubs including London, Cardiff, Bristol, Birmingham, Manchester and Liverpool. We directly serve London Heathrow, Europe's busiest international airport and provide connections to Cardiff, Bristol, Birmingham, Manchester, and London Gatwick airports. We support leisure and tourism in all of these areas and support critical freight services, notably aggregates, moving millions of tonnes of freight every year.

We are focussed on getting the basics right; putting the passenger first to provide a safe, reliable and high performing railway every day. Immediate challenges include the December 2019 timetable change - the biggest timetable changes to GWR services since 1976 - which will provide thousands of extra seats, more frequent services and quicker journeys.

Brief Description

Route Businesses plan, operate and maintain the railway day-to-day. Our business units - 'routes' - work closely with our customers, and are accountable for improving customer service, safety, and performance, as well as providing a value for money railway.

As Finance Business Partner you will work with the supported business leadership team, under the direction of the Financial Controller/Senior Finance Business Partner, to deliver professional finance and accounting advise.

You will provide proactive, value add finance support to the business leaders across the function/route.

About the role

The key accountabilities of the role are summarised as follows:

1.Lead and provide financial advice and guidance to senior budget holders in understanding the impact of the period results and forecasts against budges so they can understand their business better.

2.Be the expert in the function on accounting practices and advise on financial results and forecasts for budget holders, including preparing period accruals, transfers and adjustments to validate accounts are reflective, relevant.

3.Manage corporate governance throughout the cost centres they manage, conducting deep dives and reviewing compliance with financial regulations to protect the business from legal or negative consequences.

4.Deliver expert and accurate business review information and reporting, and highlight any significant issues with financial and other business results to enable informed decision making by the business area.

5.Engage and influence senior members of the team to help them understand their financial position and use professional expertise to guide in initiatives to improve business performance

6.Build bottom up, detailed plans to manage and develop the production of business plans and budgets to enable good corporate governance and value add analysis for senior leaders

7.Identify and proactively manage commercial risks, including the financial suitability of new customers or suppliers reducing the potential risk impact on the business area and influencing decision makers.

8.Manage the performance of central accounting functions to deliver for the cost centre area to enable an efficiently and effective accounting service.

9.Collate, investigate and make recommendation for investment appraisals and business case analysis to aid business decisions.

10.Model and analyse cost base and identify and drive opportunities and efficiencies to achieve area targets.

Do you have?

Essential

    Demonstrate strong understanding of business needs and relevant application of accounting standards

      Membership (Or working towards a membership) of a relevant accounting body (CIMA/ACCA) or equivalent experience

        Expert knowledge and experience of creating and maintaining accounts and annual budget

          Significant experience within relevant finance disciplines

            Strong excel skills and use of data manipulation

              Strong interpersonal and communication skills

                Ability to interpret technical accounting regulations into everyday language

                  Demonstrable effective influencing skills at a senior level

                    Significant understanding of financial control and risk

                      Excellent technical finance and accounting knowledge

                      Desirable

                        Understanding of project management principles and experience of managing complex projects

                          Membership of a relevant accounting body

                            Extensive experience of Oracle based systems

                              Degree or equivalent qualification in finance and accounting or business management or experience

                              How to apply

                              Network Rail welcomes applications regardless of age, disability, marital status (including civil partnerships), pregnancy or maternity, race, religion or belief, sexual orientation, transgender status, sex (or gender), employment status, trade union affiliation, or other irrelevant factor. We will interview all disabled applicants who meet the essential criteria. We positively embrace flexible working recognising that employees may wish to balance work and family/home life.

                              Keeping people safe on the railway is at the heart of everything we do, safe behaviour is therefore a requirement of working for Network Rail.Applicants should demonstrate their personal commitment to safety in their application.

                              Network Rail can offer you a rewarding career with competitive pay and excellent benefits including a choice of contributory pension schemes, a generous annual leave package, a bonus scheme and an annual 75% subsidy on season tickets costing up to £3,333 (to a maximum amount of £2,500).

                              Network Rail is required to comply with UK Government standards when carrying out pre-employment checks for all new starters; this includes a basic criminal record check. In addition to the basic criminal record check, in accordance with the UK Government we are also required to verify your identity, right to work in the UK and previous three years employment history.

                              Salary: £40,107

                              Closing date:10/12/2019. Late applications will not be accepted.We retain the right to close the advert before the listed closing date based on application volumes.

                              This vacancy is for a fixed term opportunity for 12 months.