Finance Business Partner Job Description

Finance Business Partner Job Description

Job Title: Finance Business Partner

Location: [Insert Location]
Job Type: Full-Time
Department: Finance/Commercial Finance
Reports To: Finance Director/Head of Finance

Job Summary:

The Finance Business Partner acts as a strategic advisor to business units, providing financial insights and analysis to support decision-making and drive business performance. This role involves partnering with department heads to deliver financial plans, budgets, and forecasts, while identifying opportunities to improve profitability and operational efficiency. The ideal candidate will possess strong commercial acumen, excellent analytical skills, and the ability to influence key stakeholders across the organization.

Key Responsibilities:

  • Business Partnering: Collaborate with department heads and senior managers to provide financial insights that guide decision-making and support business objectives.
  • Financial Analysis: Analyze financial data, including revenues, costs, and profitability, to identify trends, risks, and opportunities for business improvement.
  • Budgeting & Forecasting: Lead the budgeting and forecasting process for assigned business units, ensuring alignment with overall company financial goals. Provide variance analysis and insights to explain financial performance.
  • Financial Planning: Develop and maintain financial models to support long-term business planning and assess the financial viability of new initiatives, investments, and projects.
  • Cost Management: Work with department managers to control costs, improve operational efficiency, and identify cost-saving opportunities.
  • KPI Reporting: Track and report on key performance indicators (KPIs) for business units, highlighting areas for improvement and delivering actionable recommendations.
  • Scenario Analysis: Perform scenario and sensitivity analysis to support business strategy development and identify the financial impact of potential decisions.
  • Revenue Growth: Identify opportunities to grow revenue, improve margins, and optimize product or service pricing.
  • Stakeholder Engagement: Present financial analysis, reports, and recommendations to senior leadership and non-financial stakeholders, communicating complex financial information in a clear and actionable manner.
  • Process Improvement: Continuously evaluate financial processes and systems, recommending and implementing improvements to enhance reporting and business performance.
  • Project Support: Provide financial support and analysis for business projects, including capital expenditure, cost-benefit analysis, and post-implementation review.
  • Compliance & Risk Management: Ensure that all financial activities adhere to internal policies, accounting standards, and regulatory requirements. Identify and manage financial risks associated with business operations.

Key Requirements:

  • Education: Bachelor’s degree in Finance, Accounting, Business, or a related field. A professional qualification (e.g., ACCA, CIMA, CPA) is highly desirable.
  • Experience: 5+ years of experience in financial analysis, management accounting, or a related role, with at least 2 years of experience in business partnering or commercial finance.
  • Skills:
    • Strong financial modeling and analytical skills, with the ability to interpret financial data and provide actionable insights.
    • Proficiency in financial software and advanced Excel skills.
    • Solid understanding of budgeting, forecasting, and financial planning processes.
    • Strong communication and interpersonal skills to work with non-financial stakeholders.
    • Ability to influence and challenge business decisions based on financial analysis.
    • Experience in improving processes and driving efficiencies across business units.
  • Personal Attributes:
    • Commercially focused, with the ability to think strategically and operationally.
    • Detail-oriented, proactive, and able to work under pressure to meet tight deadlines.
    • Ability to build strong relationships with internal stakeholders across the organization.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Health insurance, pension plan, and other benefits.
  • Opportunities for professional development and study support for professional qualifications.
  • A collaborative and dynamic working environment.
  • Career advancement opportunities within the finance and business management departments.

How to Apply:

Interested candidates should submit their resume and cover letter to [Insert Application Email] or apply via [Insert Company Website]. We encourage applicants from diverse backgrounds to apply.

This Finance Business Partner job description outlines key responsibilities such as budgeting, financial analysis, and business partnering with department heads. It emphasizes the need for strong financial insight, communication skills, and the ability to influence business decisions.