Finance Business Partner

You will need to login before you can apply for a job.

View more categories View less categories Sector Finance and Accounts Role Partner Contract Type Permanent Hours Full Time

About Network Rail

Join Our Team at Network Rail!

Are you ready to make a difference in people's lives? At Network Rail, we connect passengers and freight customers, ensuring safe and efficient transportation across the country. We're an organisation where people truly matter, and when you join us, you matter to us and millions of others. Click here to watch our inspiring video to learn more about us!

We're dedicated to building a diverse and inclusive organisation that reflects the passengers we serve. To achieve this, we're committed to becoming an open, diverse, and inclusive workplace, leveraging the skills and expertise of our talented workforce. Together, we strive to create a safe and accessible railway for everyone. Discover more about the importance of Diversity and Inclusion at Network Rail by clicking here.

Investing in our people is key to enhancing the safety, reliability, and efficiency of our railway system. If you're passionate about making a meaningful impact, then this opportunity is for you!

Brief Description

You'll be joining our finance team, which is part of the corporate structure known as Finance and Business Support, this feeds into Route Services. Your role involves supporting the function to deliver services that are vital to the running of the railway, deliver the provision of services agreed by the routes to allow them to benefit from economies of scale and the optimisation of our critical resources.

We offer business partnering insight, guidance and financial support to 6 primary functions; Business Services, Commercial and Procurement, Information Technology, Asset Information Services, Supply Chain Operations, and Engineering Services, along with the Routes and Regions.

The Commercial and Procurement finance team complete periodic management accounting for the C&P directorate as well as key stakeholders in the approval and assurance of key contribution efficiency workstream delivery. With a significant target to hit for CP7 the focus is primarily around value for money assessments and efficiency driving mindsets, ensuring that the business receives the most strategically effective service from our function. A fast paced, dynamic, environment that has multiple touchpoints across the wider business with the opportunity to make a difference.

To work with the supported business leadership team, under the direction of the Financial Controller/Senior Finance Business Partner, to deliver professional finance and accounting advise. Provides proactive, value add finance support to the business leaders across the function/route.
About the role (External)

What will you be doing?

• Lead and provide financial advice and guidance to senior budget holders in understanding the impact of the period results and forecasts against budges so they can understand their business better.
• Be the expert in the function on accounting practices and advise on financial results and forecasts for budget holders, including preparing period accruals, transfers and adjustments to validate accounts are reflective, relevant.
• Manage corporate governance throughout the cost centres they manage, conducting deep dives and reviewing compliance with financial regulations to protect the business from legal or negative consequences.
• Deliver expert and accurate business review information and reporting and highlight any significant issues with financial and other business results to enable informed decision making by the business area.
• Engage and influence senior members of the team to help them understand their financial position and use professional expertise to guide in initiatives to improve business performance
• Build bottom up, detailed plans to manage and develop the production of business plans and budgets to enable good corporate governance and value add analysis for senior leaders
• Identify and proactively manage commercial risks, including the financial suitability of new customers or suppliers reducing the potential risk impact on the business area and influencing decision makers.
• Manage the performance of central accounting functions to deliver for the cost centre area to enable an efficiently and effective accounting service.
• Collate, investigate and make recommendation for investment appraisals and business case analysis to aid business decisions.
• Model and analyse cost base and identify and drive opportunities and efficiencies to achieve area targets.

Meet the essential criteria/ Apply today to join our team!

Essential

• Demonstrate strong understanding of business needs and relevant application of accounting standards
• Membership (Or working towards a membership) of a relevant accounting body (CIMA/ACCA)
• Expert knowledge and experience of creating and maintaining accounts and annual budget
• Significant experience within relevant finance disciplines
• Strong excel skills and use of data manipulation
• Strong interpersonal and communication skills
• Ability to interpret technical accounting regulations into everyday language
• Demonstrable effective influencing skills at a senior level
• Significant understanding of financial control and risk
• Excellent technical finance and accounting knowledge

Desirable

• Understanding of project management principles and experience of managing complex projects
• Membership of a relevant accounting body
• Extensive experience of Oracle based systems
• Degree or equivalent qualification in finance and accounting or business management or experience

We are committed to a diverse workplace enriched with representation from diverse cultures, backgrounds and skills. We pride ourselves on creating an environment where difference is embraced, and individuals can thrive. We recognise that the success of the team is dependent on a multi-cultural, multi-disciplined group of individuals, aligned to deliver successful solutions.

At Network Rail, we have a number of employee networks to reflect our diverse population and help to raise issues to the wider workforce and support their membership and support our Everybody Matters strategy, led by our central Diversity & Inclusion team. We have Diversity & Inclusion Champions who take part and lead on many activities, to drive through more initiatives to support an inclusive environment for all its people and promote a professional and positive working environment. For more information on Diversity & Inclusion at Network Rail please follow this link

Company

Every day, 4.8 million people use our network. Keeping Britain moving and building a better railway for the future is full of challenges – but also tremendous opportunities.

From our commitments to your development, our range of benefits and our approach to Diversity & Inclusion, we believe there are many reasons to join the team at Network Rail.

We’re proactive in empowering employees with the knowledge to help them progress. We encourage all our employees to be ambitious, and offer great training and career development opportunities. As the railway becomes bigger and more technologically advanced, it’s crucial that our employees have the right skills to develop their careers and meet the challenges ahead.

We believe that investing in our people is one of the most effective ways of improving the safety, reliability and efficiency of the railway.

We also know that it’s vital to get each individual’s training programme just right. As well as helping us to meet our immediate needs, we believe this is an approach that encourages people to stay with us and develop their careers.

Your health, wellbeing and benefits

We believe that safety and performance go hand in hand and this doesn’t just mean safety on the railway! We are committed to the wellbeing of our employees and believe, that should come first.

We provide access to support services such as our employee assistance program to help you with finances, family, health and wellbeing. In addition to this, we offer excellent benefits, are sensitive to work-life balance and encourage our employees to use their 5 volunteer days for their favourite causes.

We have a range of benefits including:

• 28 days annual leave entitlement.
• My benefits – Our discounted online shopping site.
• A range of discounted offers including, childcare vouchers, Healthcare offers – cycle to work, healthcare club discounted membership and other benefits.
• Subsidies of up to 75% on rail and underground season tickets.
• A range of pension schemes.
• 2 weeks paid reserve leave for our Armed Forces community.

What Diversity and Inclusion means to us

‘Diversity’ means recognising differences between people while valuing the contribution they make. ‘Inclusion’ means creating safe and welcoming workplaces with fair cultures that encourages innovative and fresh ways of thinking.

Our aspiration is that the behaviours and actions that support diversity and inclusion will come from the conviction of everyone here at Network Rail – making diversity and inclusion a conscious part of how we run our business throughout Britain.

Disability Confident Leader

Network Rail is an accreditedDisability Confident Leader . This means, where a disabled applicant meets the essential criteria for any of our vacancies, they will receive an interview.

Find out more about our recruitment processhere

Create a job alert and receive personalised job recommendations straight to your inbox.