Finance Business Partner

**Join our journey to create a new experience for the National Lottery and help us to power change for the greater good.**

**About us**:
We are Allwyn UK, part of the Allwyn Entertainment Group - a multi-national lottery operator with a market-leading presence in Austria, the Czech Republic, Greece, Cyprus and Italy. We have been officially awarded the Fourth Licence (10 year licence) to operate the National Lottery starting February 2024.

‍We’ve developed ground-breaking technologies, built player protection frameworks, and have a proven track record of making lotteries better. Our aim is to create one of the UK’s most inclusive organisations - where people can bring the best of themselves, to do their best work, every day, for the benefit of good causes.

While the main contribution of the National Lottery to society is through the funds to good causes, at Allwyn we put our purpose and values at the heart of everything we do. Join us as we embark on a once-in-a-lifetime, largescale transformation journey to build a bigger, better, and safer National Lottery that delivers more money to good causes.

**Purpose of Role**:

- To be an effective and trusted business partner primarily to three business functions - Strategy & Corporate Affairs, Assurance & Participant Protection and General Counsel. Providing value-adding decision support, insight and challenge where appropriate. Comfortable working with senior execs
- To provide financial leadership on strategically important business initiatives and clear insight into the progress made towards achieving business and financial targets
- Deliver the annual budget and re-forecasts for the supported functions
- Monitoring financial impact of risks and opportunities on a continuous basis
- Robustly analyse expenditure on a monthly basis and provide clear management summaries for senior stakeholders within the supported functions
- To provide financial support and guidance to your business partners on a wide range of ad hoc queries
- To work closely with Financial Accounts to ensure month end processes are understood and postings are accurate
- To support and drive the business change agenda, continually seeking to improve processes across Finance

**Department Description**:

- The wider finance department ensures the business is financially sound, has robust accounting and reporting processes, and delivers financial targets including profitability and returns to Good Causes
- Key responsibilities are:

- Management accounts, including budgeting and forecasting
- Statutory accounts
- Licence and Trust reporting and compliance
- Tax and VAT reporting, compliance and advice
- Management of the cash position and relationship with our banking provider
- Delivering value and ROI

**Team Description**:

- The Commercial Finance team provides all aspects of financial support in order to achieve our business goals and objectives, analysis of our financial performance and support for all financial decision making in the business, including:

- Budgeting and forecasting of Sales, Good Causes, Gross Margin, Operating costs and Cash flow
- Decision support, particularly through the development of financial business cases to support our commercial proposals
- Safeguarding our financial assets through control processes and ensuring that scarce resources are spent wisely
- Publication of our Financial results to our Executive team and the Board
- Day to day cost control / Management accounts reporting
- Ad hoc financial analysis

Driving the business change agenda

**Key Accountabilities or Duties**:

- Be an effective and trusted business partner primarily for Strategy & Corporate Affairs, Assurance & Participant Protection and General Counsel
- Responsibility for the management reporting of these areas, which primarily includes:

- Monthly analysis of overheads, challenging the status quo and identifying opportunities to improve financial performance
- Reviewing team structures and vacancies, approving new heads that the teams wish to recruit and ensuring managers remain within approved budgets
- Ensuring costs are accurately reported at month end
- Preparing the annual budget and re-forecasts for these areas, working closely with team managers to understand team structures, headcount/resource requirements and other overhead plans
- Provide financial leadership on key business projects, ensuring that the business remains within financial governance and preparing business cases for senior management that robustly analyse the financial and non-financial KPIs
- Drive improvements in reporting, processes and use of systems
- Provide quality ad-hoc and regular analysis to influence management decisions
- Proactively come up with new ideas to challenge current processes and assumptions
- Build strong relationships across the finance team and wider business
- Be a key driver and implementer of the business change agenda - simplification and agile working - sharing best practic