Finance Business Partner
Job DescriptionAs a practicing accounting professional, have you ever worked in an engineering or R&D environment?
Would you like to be part of the UK's drive for sustainable, clean energy?
Here at the UK Atomic Energy Authority, we are conducting research into the future of sustainable energy - Fusion Energy.
In your role as Finance Business Partner you'll support the UKAEA Business Development function and its Business Units on all financial related matters. This is a key role in supporting the delivery of business objectives. The role is to provide support to the Business Development & Technical Consultancy Business Unit (BU) Managers and their teams, & the Project Managers (PMs) responsible for delivering the contracts in a range of activities covering planning & analysis, accounting, reporting, bids and costing support, hoc project work and to assist other BU areas as required. Whether providing financial input into a new business case, or closing the monthly accounts, accuracy, timeliness, collaboration and understanding of performance essential.
Your role will involve:
acting as the Finance Business Partner for the Business Development & Technical Consultancy BU's; acting as the key point of contact for all finance related matters of programme delivery
performance analysis, producing reports and commentary for the monthly management accounts, individual project managers and business unit management to enable monitoring of profitability against budget, reasons for major variances, and risks and opportunities.
Preparation and analysis of month end accounts, ensuring accurate recognition of expenditure & revenue in accordance with financial policy & with IFRS15 Revenue from contracts with customers
Working closely with your business area and in collaboration with the broader finance team to support the business budgeting and forecast processes
Build effective working relationships with your PM's and other relevant senior managers and stakeholders to enable the creation of robust budgets and periodic forecasts at project and at a consolidated business unit level.
Work closely with the Technical Consultancy BU Manager, PM's & BD team to ensure invoices are raised promptly when major contract milestones and deliverables are met.
Support the maintenance of a robust control environment, including responsibility for relevant balance sheet accounts appropriate to the business area, such as prepayments, accruals, Work in Progress, Income in Advance are fully reconciled with adequate supporting documentation available for audit purposes.
Your background and qualifications should include:
A qualified or newly qualified accountant (ACA, ACCA, CIMA)
Experience of commercial and project accounting, costing and forecasting
Balance sheet review / reconciliation experience
Experience of working closely with business teams in a "business partner" capacity
Understand the principles of IFRS15 revenue recognition and accounting for grant funding
Experience of audits of major contracts or grants and European Union funded programmes
an appreciation of multi-funding control requirements
highly proficient in Excel (pivot tables, lookups, sumif formulas etc)
experience of an ERP accounting system; experience of using Unit 4 (Agresso) would be an advantage
Experience of report writing in ERP systems, or working alongside systems developers to specify and develop reports would be very relevant
Able to work on occasion to challenging timescales while still ensuring accuracy
This is a long-term competitive contract offered on Umbrella or PAYE basis only.
All offers are subject to undergoing basic security clearance (BPSS)
We celebrate and support diversity and are committed to ensuring equal opportunities for both employees and applicants.