Finance Business Partner

Location: London

Contract Type: Permanent

Closing Date: 14 August 2022

Salary: £48000 to £53000

Finance Business Partner

 

London & Partners is the business growth and destination agency for London. Our mission is to create economic growth that is resilient, sustainable and inclusive.  

We are a social enterprise, combining purpose with commercial rigour. We are funded by grants, partners and our portfolio of commercial ventures.  

We support high-growth businesses to scale – both international businesses expanding into the UK and London-based businesses growing internationally. We develop London as a destination and attract visitors and events. We grow London’s global reputation to support economic growth. We create partnerships and profit-making ventures that enable us to scale our impact.  

London & Partners operates brands including VisitLondon and the top-level-domain DotLondon. It is the founder of London Tech Week and runs two award-winning programmes for start-up and scale-up companies. In a typical year, we support thousands of scaling businesses, win hundreds of events for London, book over a quarter of a million hotel beds and engage millions of visitors on our digital channels.  

Our key performance indicators are the economic growth (gross value added) and jobs that we create, the satisfaction of our clients and partners, and our commercial performance.  

Purpose of role 

As Finance Business Partner you will be responsible for preparing, developing and analysing key financial information to ensure that London & Partners’ management makes well-informed decisions to ensure future stability, growth and profitability. You will assist the Group Financial Controller and Finance Director in performing reconciliations and maintaining key controls over the company's expenses and financial data. 

Key Tasks 

 Management accounts and reporting 

  • Prepare monthly management accounts, including income and expenditure statement, statement of financial position, forecast, supporting analysis and accompanying narrative for business performance 
  • Proactively attend frequent meetings with budget holders and directorates to assist in any financial conversations or considerations 
  • Preparation and posting of deferred and accrued income and accrued expenditure journals 
  • Completion of monthly assigned balance sheet reconciliations on a timely basis 
  • Reconcile budgeted expenditure and income against actual on a monthly basis for the departments allocated by the GFC 
  • Produce monthly reports for managing directors and directors and liaise with them to ensure that income and expenditure commitments are within budget and to understand variances 

 Statutory accounts  

  • Assist with the preparation of the annual statutory accounts (including updating statutory accounts model, preparation of some notes to accounts and supporting working papers) 

 Budgeting  

  • Assist with the preparation of the annual budgets, including collation and review of budget holders’ initial proposals and subsequent amendments 
  • Preparation of annual budget book. Updating budget throughout year with budget adjustments and ensure aligned to business plans 
  • Set up of commitment records at the beginning of the year and changes throughout the year  

 Controls 

  • Contribute to the team target of ensuring that financial procedures are being adhered to by all London & Partners staff 

 Other  

  • Drive continuous improvement of London and Partners financial management reporting, forecasting and analysis 
  • Assist budget holders and others with induction and systems training and on-going questions 
  • Assist with the development and maintenance of systems that ensure all financial commitments are recorded against the relevant budget 
  • Support business cases development with financial input, including project costings and budgeting 
  • Support procurement to ensure full compliance will regulations 
  • Provide clear and understandable narrative to stakeholders and the rest of the team 

In addition your role will involve ad-hoc project work, including some systems development, and any other reasonable duties as required. 

 You’ll have/bring

  • Relevant degree and/or professional qualification (CIMA, ACCA and CIPFA qualified) 
  • Previous accounting experience in a medium/large sized organisation 
  • Excellent communication skills – verbal and written 
  • Advanced knowledge of Excel 
  • Experience working with Microsoft Dynamics NAV (Navision) desirable
  • Proven ability to work to tight deadlines, manage own workload, prioritise and cope under pressure 
  • Proactive and organised 
  • Positive ‘can do’ attitude 
  • Flexible team player 
  • Motivated and ambitious 

 You’ll Get  

  • To join a Sunday Times Top 100 not-for-profit company and a fast pace, flexible and upbeat environment
  • To become part of the London Family and do great things for our City 
  • 30 days’ holiday in addition to UK public holidays 
  • Excellent employer pension contribution and private medical health insurance

  

The salary for this role has been approved as advertised in line with our pay structure.  We will not negotiate or vary this figure upon offer or appointment.   

London's diversity is its biggest asset. At London & Partners, we aim to ensure our workforce reflects the diversity of the city that we promote. We encourage applications from people of any age, gender, ethnicity, sexual orientation or assignment, faith or disability.  We also appreciate that many people require flexibility in their working patterns and encourage you to talk to us at interview about any flexibility you may need, be it full-time, job-share, or part-time.  

If you need to receive this information and/or apply in an alternative format, please contact London & Partners by emailing hr@londonandpartners.com to discuss how we can help.      

  

We encourage applications from all sections of the community.   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JOB DESCRIPTION

 

POSITION: Finance Business Partner          

REPORTING TO: Group Financial Controller

DEPARTMENT: Operations and Governance

 

Background

London & Partners is the business growth and destination agency for London. Our mission is to create economic growth that is resilient, sustainable and inclusive. 

We are a social enterprise, combining purpose with commercial rigour. We are funded by grants, partners and our portfolio of commercial ventures. 

We support high-growth businesses to scale – both international businesses expanding into the UK and London-based businesses growing internationally. We develop London as a destination and attract visitors and events. We grow London’s global reputation to support economic growth. We create partnerships and profit-making ventures that enable us to scale our impact. 

Our key performance indicators are the economic growth (gross value added) and jobs that we create, the satisfaction of our clients and partners, and our commercial performance. 

Purpose of role

As Finance Business Partner you will be responsible for preparing, developing and analysing key financial information to ensure that London & Partners’ management makes well-informed decisions to ensure future stability, growth and profitability. You will assist the Group Financial Controller and Finance Director in performing reconciliations and maintaining key controls over the company's expenses and financial data.

Key tasks

Management accounts and reporting

  • Prepare monthly management accounts, including income and expenditure statement, statement of financial position, forecast, supporting analysis and accompanying narrative for business performance
  • Proactively attend frequent meetings with budget holders and direcorates to assist in any financial conversations or considerations
  • Preparation and posting of deferred and accured income and accrued expenditure journals
  • Completion of monthly assigned balance sheet reconciliations on a timely basis
  • Reconcile budgeted expenditure and income against actual on a monthly basis for the departments allocated by the GFC
  • Produce monthly reports for managing directors and directors and liaise with them to ensure that income and expenditure commitments are within budget and to understand variances

 Statutory accounts

  • Assist with the preparation of the annual statutory accounts (including updating statutory accounts model, preparation of some notes to accounts and supporting working papers)

Budgeting

  • Assist with the preparation of the annual budgets, including collation and review of budget holders’ initial proposals and subsequent amendments
  • Preparation of annual budget book. Updating budget throughout year with budget adjustments and ensure aligned to business plans
  • Set up of commitment records at the beginning of the year and changes throughout the year

 Controls

  • Contribute to the team target of ensuring that financial procedures are being adhered to by all London & Partners staff

 Other

  • Drive continuous improvement of London and Partners financial management reporting, forecasting and analysis
  • Assist budget holders and others with induction and systems training and on-going questions
  • Assist with the development and maintenance of systems that ensure all financial commitments are recorded against the relevant budget
  • Support business cases development with financial input, including project costings and budgeting
  • Support procurement to ensure full compliance will regulations
  • Provide clear and understandable narrative to stakeholders and the rest of the team

In addition your role will involve ad-hoc project work, including some systems development, and any other reasonable duties as required.

 Person Specification

 The successful candidate will demonstrate:-

Knowledge, Skills and experience

  • Relevant degree and/or professional qualification (CIMA, ACCA and CIPFA qualified)
  • Previous accounting experience in a medium/large sized organisation
  • Excellent communication skills – verbal and written
  • Advanced knowledge of Excel
  • Experience working with Microsoft Dynamics NAV (Navision) desirable
  • Proven ability to work to tight deadlines, manage own workload, prioritise and cope under pressure

Personal style and behaviour

  • Proactive and organised
  • Positive ‘can do’ attitude
  • Flexible team player
  • Motivated and ambitious

 

 

Our values

 

 

We are passionate about London ​

  • We are passionate about London - its history, culture and creativity.​
  • We work to build a vibrant future for London and for the UK.​
  • We are proud to serve our city. ​

We are enterprising​

  • We are curious, creative and resilient. ​
  • We work with partners and with the market to achieve our mission for London. ​
  • We generate profit to reinvest in London's future. ​

We are inclusive​

  • We champion diversity internally and externally.​
  • We strive to reflect the city that we represent. ​
  • We create communities where people feel valued and belong. 

 

 

 

 

 

Apply now