Senior Finance Business Partner

Job Summary:

A business advisory role in the Business Unit by assisting Operation Team to improve their financial analysis, internal controls and communication with Shared Service Finance team. Focus is on providing financial insight and guidance in order to make more informed decisions and driving business strategy.

Duties and Responsibilities:

1. Financial Management

• Support and contribute to the production of the five-year business plan and financial strategy of the BU.
• Monitor adherence to the Financial Strength outcomes set out in the five-year business plan and recommending improvements to the plan.
• Provide relevant and timely information to enable it to assess performance against the Group’s strategy and objectives.
• Monitor financial KPIs (scorecard) which will be used to assess the success of both the business and the financial strategy.
• Manage expenditures and look for cost-efficient solutions to inefficiency problems.
• Develop expense, budget, and supply chain reports for management.
• Forecast cost-related changes and risks.
• Provide recommendations to strategically enhance financial performance and business opportunities.
• Revise the budget on a quarterly basis provide a full-fledged forecast based on updated information and changes in budget assumptions.
• Establish and maintain strong relationships with senior executives in BU as well as in Shared Service teams so as to identify their needs and seek full range of business solutions.
• Support the BU MDs and GMs in projects profitability

2. Risk Management and Controls

• Provide reports to the Compliance Manager and/or MLRO as and when required.
• Communicate effectively with internal clients and where required external stakeholders.
• Assist Compliance Manager with the maintenance of applicable registers and databases
• Assist with the preparation of relevant policies, processes and forms.
• Assist the Compliance Manager and MLRO with regulatory inspections and reporting.
• Assist with regulatory inspections and reporting.

3. Reporting

• Ensure credibility of the Finance function by providing timely and accurate analysis of budgets, financial trends and forecasts.
• Track performance against key targets and outcomes and produce regular corporate level management information to all senior management.
• Produce regular financial reporting to give an overview of business and financial performance and setup the required meetings e.g. Management Business Review (MBR)presentation packs
• Follow-up of budgeted & unbudgeted capex and presentation during MBR
• Follow-up of debtors and creditors and presentation of top contributors during MBR.
• Preparation and follow-up of specific month-end journal entries as defined by SLA
• Highlight trends, key actions, and strategic implications.
• Build strong relationships with internal stakeholders to help ensure the Department is well informed and has a strong voice in the organisation.

4. Team Management

• Increase management effectiveness by training, coaching and counselling.
• Undertake regular performance appraisal to all direct reports, providing effective review and ensuring objectives are in place.
• Set goals, establish result measurements and review job progress of direct reports.

5. Others

• Work with the IT department to recommend suitable technology solutions to enhance our financial modelling, analysis and reporting capability.
• Act as the digitalisation & projects lead for the business unit; ensuring the implementation of finance projects e.g. Dashboards, Monday, RPAs, Fixed Assets Register, SOPs, SLAs, etc.
• To undertake ad hoc duties as agreed with the Managing Director.
• Set-up monthly calls with stakeholders i.e. FP&A, Accounting, Operations, Technical, IT, etc. to discuss on issues/challenges and follow-up on projects.
• Update the capex tracker on a real-time basis
• Approve all payment vouchers regarding the BU and act as first signatory for payments before the MD.
• Any other cognate duties as may be necessary in the circumstances and/or required by the employer.

CANDIDATE’S PROFILE

Qualifications Required:

• ACCA (Fully Qualified)
• At least 15 years’ experience in finance field
• At least 4 years’ experience in managing a team

Key competences (Knowledge, Skills, Attitudes, Behaviours):

• Key competences (Knowledge, Skills, Attitudes, Behaviours):
• Ability to work with scheduled deadlines.
• Ability to function in a leadership role.
• Thorough knowledge of accounting principles and procedures.
• Understand data privacy standard.
• Excellent accounting software user and admin skills.
• Critical thinking and problem-solving skills.
• Solid written and verbal communication skills.
• High attention to details, good judgment and analytical ability
• Eager to lead and manage change.