Finance Business Partner - Costs

A leading financial institution in London is seeking a Finance Business Partner - Costs to join their dynamic team. This pivotal role offers you the opportunity to take ownership of cost accounting activities and reporting processes, working closely with both local and international finance teams. You will be at the heart of strategic decision-making, providing insightful management information that shapes business direction

What you'll do:

• Take responsibility for complete, accurate, and timely financial analysis and reporting by ensuring all transactions from source systems are correctly recorded into the General Ledger.
• Calculate and recharge relevant components of London's costs to other group entities through invoicing processes that require attention to detail and accuracy.
• Draft and post journal entries while contributing to the design and implementation of robust financial controls that support comprehensive financial reporting.
• Prepare and monitor reconciliations supporting the financial reporting process, including bank and cash management activities.
• Provide detailed commentary on monthly Income Statement and Balance Sheet deviations from forecasted and budgeted numbers, explaining variances clearly to stakeholders.
• Compile annual budgeted numbers and monthly forecasts with input into HFM, substantiating Balance Sheet figures for regulatory purposes.
• Produce Management Information reports (monthly and ad hoc), offering insightful commentary on variances such as month-on-month movements.
• Advise on headcount allocation to cost centres in conjunction with HR and the business, ensuring optimal structures for financial reporting.
• Benchmark costs against external industry standards and internal group metrics by calculating key ratios for reference.
• Maintain financial architecture to support cost reporting by ensuring Oracle Fusion (AP/AR sub ledger) and payroll bookings are accurate, complete, and valid.

What you bring:

• Professional qualification such as ICAEW, ACCA, CA(SA), CIMA or CFA is essential for demonstrating technical proficiency required for this role.
• Experience in a finance position within a regulated corporate investment banking environment is highly valued for understanding compliance requirements.
• Strong understanding of costing and budgeting evidenced through advanced financial modelling skills and business performance analysis is crucial.
• Advanced Excel capabilities combined with ERP system knowledge enable efficient handling of complex data sets.
• Ability to maintain existing financial controls while implementing new processes-including thorough documentation-is important for regulatory compliance.
• Previous experience with Oracle or HFM systems would be beneficial but not mandatory; willingness to learn is equally valued.

Apply today by clicking on the link provided.

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