Finance Business Partner
Finance Business Partner
Up to £44,000 per annum
Full time – 37 hours per week
Essex County Council (ECC) is one of the largest and most dynamic local authorities in the UK, serving a population of 2 million residents, and has a very successful track record of delivering transformational change. ECC anticipated change was needed in the public sector and has worked to deliver better quality at lower cost. We have an ambitious transformation agenda – one with the scope to reach every part of the council. We are changing the way we think, the way we work, and the ways in which we deliver our services. We are committed to becoming a place where individuals, partners and communities feel proud to play their role and genuinely want to belong. We are immensely proud of our flexible working options.
This role is responsible for delivering high quality financial advice within a service area, proactive in providing comprehensive support and innovative advice to all levels of management and Members across the finance elements, including budget setting, budget planning and project support. Proficient analytical skills will be key to interpreting financial results for the business whilst influencing more robust decision making by evidencing greater awareness and understanding the impact of decisions on costs and risks
An experienced financial expert, building strong relationships with internal and external partners will maximise the opportunity to influence stakeholders and partners and contribute fully as a member of management forums. Work collaboratively in supporting delivery of efficiency improvements and cost reduction plans across the Council providing high quality advice and direction on financial strategies, policy, standards and practices to achieve strategic objectives
Responsible for supporting the business by understanding all the financial assets, liabilities and priorities for a business operation (revenue, capital, funding streams & debt) & present options to senior managers to drive change and improve efficiency to meet strategic objectives.
Responsible for partnering and supporting Service Directors and stakeholders to carry out financial performance management, pricing and investment analysis. In addition, support the business planning process by advising senior managers and supporting the maximisation of external funding to the Council.
Accountable for supporting business development by using insightful predictive analytics, optimising financial modelling and commercial acumen.
Support cross organisational projects and ensure the best commercial & value considerations to drive transparent and robust decision making. This support will involve detailed analysis and interpretation in communicating financial and performance data to support evidence-based decisions.
Work collaboratively with Senior Finance Business Partners and Management Accountants in the development and review of financial policy and plans ensuring they reflect the Council’s strategic objectives and promote continuous improvement.
Responsible for promoting delivery of value for money services, as evidenced by benchmarked cost driver comparators to analyse financial trends and drive efficiencies. Develop networks with best in class peers.
Support timely preparation of robust business cases & decision-making documents by quantifying associated costs, benefits, risks and funding solutions, being solely accountable for the financial implications
Responsible for compliance with financial regulations and professional accounting standards and financial impact assessments relating to changes in legislation or service initiatives
Knowledge, skills and experience:
- Full CCAB / CIMA qualification with evidence of continuing professional development.
- Experience in application of financial management and financial frameworks - preferably public sector, through a full financial cycle.
- Excellent communication skills to influence a wide range of stakeholders and aware of the political environment in which this role operates.
- Evidence of identifying improvements in financial systems and processes with a strong delivery and performance focus.
- Experience of supporting the evaluation of innovative and effective means of financing the delivery of services.
- Evidence of providing financial advice to inform decision making including investment appraisal and business case development.
- Demonstrate experience of establishing credibility and contributing effectively with management teams and wider multi-disciplinary networks.
- Knowledge of International Financial Reporting Standards.
- Demonstrate experience of working with senior managers, working within and supporting multi-disciplinary teams to achieve service outcomes.
Qualification certificates should be brought to interview.
As part of employment with Essex County Council (ECC) should your role require a DBS check you will be required to register with the DBS update service. The DBS update service ensures all registered DBS certificates are kept up to date and allows authorised parties to view the status of your certificate. This is an annual subscription and you will be responsible for ensuring this is maintained. For further information on the DBS update service please visit: https://www.gov.uk/dbs-update-service
Essex County Council is proud to offer an excellent benefits package to all its employees. More information can be found on https://www.workingforessex.com/benefits
Essex County Council is committed to safeguarding and promoting the welfare of children and vulnerable adults, and expects all employees and volunteers to share this commitment.
We seek the best talent from the widest pool of people as diversity is key to our success.
If you have any queries regarding this role, or require anything further, please contact the Essex Recruitment Team on 033 005 83330*
*Calls to this number are charged in the same way as calls to numbers starting 01 or 02, please check with your service provider.