Finance Business Partner

Finance Business Partner - Procurement & CRE - INSIDE IR35 - Up to £450 per day - Teesdale, Chilton, Cambridge or  Farringdon - 6 Months - SINGLE STAGE VIRTUAL INTERVIEW

Yolk Recruitment are recruiting for a Finance Business Partner to join our client on a 6 month contract based in either Teesdale, Chilton, Cambridge or Farringdon for an initial period of 6 months. The purpose of th role is to provide finance support to the Global Chief Procurement Officer, and the wider Procurement and Corporate Real Estate teams. You will be reporting consolidated spend and savings, defining saving targets, peerforming analysis and taking actions to deliver procurement saving and wider goals.

Responsibilities:

• Support the CPO in the monthly reporting and cost management of the global procurement & CRE budgets.

• Produce budget procurement savings targets at an appropriate level of granularity to ensure ownership of the category and sector savings exist at the operational level within the business.

• Own the definition of “procurement savings” and ensure it is applied consistently and effectively across the Group. Carry out a fit for purpose review of the current savings procedure and refresh based on agreed feedback from key stakeholders.

• Co-ordinate the collation and consolidation of savings reported to each of the sectors monthly. Track savings against budget targets and forecasts. 

• Support and undertake procurement forecasting & modelling to help analyse the impact of scenarios on future savings, cash flow and other key procurement metrics, to inform strategic sourcing decisions.

• Ensure that Sector finance teams can show the level of savings delivered and how the savings have been utilised against budget assumptions.

• Assist the CRE team to build a full group real estate database including full occupancy costs of each building.

• Provide key inputs into the refresh of the CRE controls procedure working alongside the group controls and CRE teams.

• Support the CPO and procurement leadership team in the production of the procurement strategic plan.

• Lead appropriate savings performance review meetings with Sector finance and/or procurement teams. Understand and challenge any variance to plan. Identify and report on latest estimate versus plan; risks and opportunities.

• Assist the CPO in tracking delivery of the procurement initiatives across the Group and recommend opportunities to accelerate or refocus to deliver the targets.

• Identify project costs associated with the delivery of the saving objectives.

• Perform ‘make (or lease) vs buy analyses’ and ‘total cost of ownership analyses’; develop this capability within the wider procurement team.

• Provide financial leadership and support to the CPO and Global procurement & CRE teams.

• Assist in the definition, implementation, and monitoring of key performance indicators (KPI’s) outside of savings.

• Support group and sector working capital objectives alongside delivering procurement savings.

• Bring new ideas and metrics related to future forecasting and mitigation of future inflation risk.

• Partner with the CPO and Global procurement team to provide proactive insightful financial recommendations.

• Make formal and informal presentations to senior leaders on monthly results, forecasts, sourcing strategies and programs as required.

• Support business reporting processes as required.

Experience:

• Experience of managing a team 

• Extensive experience of working to numerous tight deadlines 

• ACA/CIMA/ACCA qualified with first time passes (or equivalent or qualified by experience) 

• Experience of consolidations 

• Experience of management reporting and budgeting  

• Sound working knowledge of Procurement 

• IT literate with a good knowledge of Excel 

• Experience of driving improvements in processes and reporting 

Personal Skills:

• Excellent management of people skills including the ability to question and work with senior management as well as to delegate and review work 

• Approachable and diplomatic, whilst being assertive and confident 

• Able to work as part of a team 

• Able to work to multiple tight deadlines 

• Good communication skills 

• Well organised and able to multi-task 

• Accurate 

• Analytical 

• Attention to detail