Finance Business Partner
Finance Business Partnering is key to the government finance vision of putting finance at the heart of decision making. Great Finance Business Partners drive the agenda, they do not just keep score. They aspire to become a truly trusted partner to the business, the ‘go-to’ for a wide variety of colleagues and stakeholders for expert advice and decision-making support.
Finance Business Partners (FBPs) in BDUK build strong relationships to influence stakeholders and enable effective financial management, in collaboration with their Management Accountant colleagues. These relationships enable FBPs to facilitate constructive challenge of the business area they partner with and act as a bridge into other
Financial Planning and Analysis: Lead the financial planning, budgeting, and forecasting processes for your business area, ensuring alignment with BDUK’s strategic objectives.
Stakeholder Management: Build and maintain strong relationships with key stakeholders, across BDUK and DSIT, providing expert financial advice and support.
Management Accounting: Working with Management Accountants to provide all month-end and year-end requirements for your business areas.Financial Reporting: Analyse and communicate financial data and reports, providing insights to support decision making.
Governance and Compliance: Ensure adherence to financial governance, assurance, and control frameworks. This includes ensuring colleagues across the business comply with relevant Government Functional Standards.
Strategic Support: Provide strategic financial support to your business area, helping to drive performance and achieve business goals. This includes providing financial input to business cases, Ministerial submissions, correspondence and other Parliamentary business, as required.
Accounting Advice: Working with Financial Accounting, Systems and Transactions colleagues to ensure delivery models are correctly accounted for, comply with government financial standards, and work to ensure all GIAA recommendations and NAO standards are met appropriately.
Continuous Improvement: Identify opportunities for process improvements and efficiencies within the finance function, including contributing to BDUK Finance’s transformation plan, and developing junior members of the team.