Senior Finance Business Partner
6 months ago
About The RoleTo support out growing business we have an exciting opportunity for a Senior Finance Business Partner to be part of our Finance team in the UK, based in our head office in St.Ives, Cambridgeshire.
**Please note - this is a temp to perm**
**opportunity**
Your role will be to provide and present accurate and timely Financial and Management Reporting and insights for our SPEN contract; to include other specified contracts as required. This role will be based in St.Ives, Cambridgeshire with the Magdalene Head Office and Finance function. Travel to Glasgow, Hillington is required at least once a month/ quarter.
This role fits within Magdalene’s Finance team and will work collaboratively with the SPEN Operations team in Scotland.
**Who are we?**
Magdalene operates as a Telecommunication Infrastructure Services Company and is part of the Telecom Division of M Group Services. Covering the full network lifecycle, we deliver Managed Services and Projects for both fixed and mobile infrastructure networks across the operator and utility markets.
**What will your key responsibilities be?**
- Take ownership for SPEN contact (and other specified contracts) and partner with the business to effectively monitor and report contract profitability. Engage with cross-functional working and Business Partnering.
- Prepare and evolve reporting to meet both the customers needs and the internal understanding of profitability and status of contracts.
- Support preparation of results presentation to Executive and Senior Management teams as required, as well as presentation of Segment/Contract results in Operational Review meetings.
- Actively support the monthly internal forecast updates for key contracts, as well as the annual budgeting and half-year reforecast processes as required.
- Proactively engage with management of GWIP (sales accrual housekeeping for aging and invoicing, and escalation of overdue AR invoices).
- Prepare and analyse Management Accounts for specified major contracts. This includes detailed analysis of the P&L; analysing margins, investigating and providing commentaries on variances, recommending focus areas and related actions for review.
- Complete all Month End tasks and ensure that the list of requirements and Group timelines are adhered to.
- Complete all month end tasks, including journal postings (accruals and allocations) in line with the Finance Timetable. Collaborate and communicate with other Finance Business Partners.
- Assist with the annual audit, taking responsibility for understanding of key contracts and partnering areas
- Work safely at all times in accordance with the company’s Health and Safety arrangements.
- Collaborate with the Finance team and the business as well as with key areas of the Group, such as Shared Service Centre (SSC).
- Support with continuous improvement of the new accounting software - Oracle.
- Establish a matrix of internal controls linked to SOPs, providing assurance of process robustness.
- Support of and contribution to Finance Continuous Improvement (CI) initiative.
- Provide back up for other team members as required.
- Carry out any other duties which your line manager may reasonably request within the broad parameters of your role.
- Carry out all work in accordance with the company quality procedures.
**What competencies are we looking for?**
- CIMA qualified or part-qualified
- Strong Excel skills
- Previous Accounting experience, including Business Partnering
- Excellent analytical skills
- About The Company**Why choose us?**
We promise development and reward opportunities for those who have the passion, enthusiasm and work ethic to harness them. Our benefits include:
- 25 days annual leave plus bank holidays
- 4% matched pension scheme
- 2 x salary life assurance
- Access to our staff discount portal
- Health Cash Plan
- Cycle to Work scheme
- Employee assistance programme
- Recruitment referral scheme
- Payroll giving
- Salary finance scheme
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