Finance Business Partner

Last updated yesterday
Job Type:Full Time


York, GB

Department Name

Eastern Region

About Network Rail

About Network Rail and the Department

With railway from the borders of Scotland to the nation's capital, Eastern region is critical to the success of Britain.

We are an incredibly busy region, operating some of the busiest and most congested rail lines in the country, transporting large numbers of commuters to and from busy cities including Newcastle, Leeds, Sheffield, Derby, Norwich, Cambridge and London.

Our region is also home to other major transport hubs including three airports and 13 freight ports. We connect millions of people every day to city, town, coast and country. We connect people to friends and family, jobs and leisure, as well as goods to businesses here and abroad.

Eastern Region in numbers:

    More than a billion annual passenger journeys

      3 managed stations: Leeds, King's Cross and Liverpool Street

        6,042 route miles (31.2% of national)

          3,400 passenger services every day and 15 train operators

            1,057,462 tonnes of freight moved a week with 1,742 freight movements - the highest of all regions

              2,614 level crossings

                9,278 bridges

                  9,262 signals

                  TheEasternRegion is a business with 10,000 staff,£10bn capital expenditure,£4bn operating expenditure and £2.5bn ofincome over our 5-year funding period.The region is comparable to many FTSE 350 companies.

                  Brief Description

                  TheEasternRegion is a business with 10,000 staff,£10bn capital expenditure,£4bn operating expenditure and £2.5bn ofincome over our 5-year funding period.The region is comparable to many FTSE 350 companies.

                  As part of Network Rail's transformation to put the passengers at the heart of what we do, there are several exciting new roles being created within the Eastern Region as part of the devolution process.

                  These roles vary from management accounting, analysis and reporting to managing our income, capital projects and driving cost savings throughout the business.

                  About the role (External)

                  Key Accountabilities

                  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

                  It is imperative you have…

                    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 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

                                      It is advantageous if you have…

                                        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 (External)

                                              External 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. Network Rail positively embraces flexible working, recognising that employees may wish to balance work and family/home life. We will consider all flexible working applications.

                                              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 benefitsincluding 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).

                                              We adhere to a structured pay framework, any salary offered will be within the following pay range: starting at £40,107 per annum and increasing to £45,120 per annum

                                              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.

                                              Closing date: 29-09-2020. Late applications will not be accepted. We retain the right to close the advert before the listed closing date based on application volumes.

                                              There are multiple opportunities available