Finance Business Partner

Location
Sainsburys Bank Lochside and Home, Sainsbury's Bank 3 Lochside Avenue, Edinburgh, EH12 9DJ
Hours
Full-time
Contract-Type
Fixed-Term Assignment
Areas of business
Sainsbury's Bank
Closing date
#####/04/25 15:23:00
Duration
6 months
Job ID
230521
Job Description We’d all like amazing work to do, and real work-life balance. That’s waiting for you at Sainsbury’s Bank. “Bank by name, Sainsbury’s by nature” is the promise line we stand firmly behind, making sure we follow through on this by always offering value, making it easy and being an ally for our customers. We’re proud to be an equal opportunities employer that champions a diverse and inclusive culture that reflects the diversity of the communities we serve. Because we know it’s by working together, and by bringing new, diverse ideas that creates the best experience for our customers and colleagues. As part of the wider Sainsbury’s Group, being one of the UK’s most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do. Location - Hybrid with base location options of London, Edinburgh, Manchester, Coventry of Widnes with some possible travel to other offices (expenses covered)Duration - 6 month FTCWhat you will be doing As Finance Manager for Products, you’ll be required to act as the primary interface between the Finance and product teams. You’ll provide support to the product teams with a high degree of financial analysis and challenge, ensuring the preparation of reliable and timely financial plans to support business planning, pricing decisions, business cases and ad hoc papers. Primary responsibilities include:. Attend Product Management Committees to provide financial support and challenge on current and future business performance and plans - including month-end P&L reviews, NPV preparation and analysis, KPI analysis, income patterns, new product development/investment appraisals and preparation of relevant PMC papers).. Ensure the delivery of all aspects of the annual planning cycle and regular forecasting processes, by using judgment and expertise to set challenging yet achievable budgets and forecasts within the context of wider Bank strategy.. Develop models and best practices to assist the business in measuring the impact of changes to the budgeted balance sheet and P&L positions.. Support the production of the Individual Liquidity Adequacy Assessment (ILAA) and Individual Capital Adequacy Assessment Process (ICAAP) in terms of analysing the financial impact of stress scenarios and supplying commentary for inclusion in the PRA submitted documentation and supporting SLRP or SREP review meetings.. Provide product managers with financial information to assist in strategic or pricing decisions and any business cases, also reviewing and challenging decisions ensuring delivery of financial results set out within the Bank’s wider strategy.. Collaborate with other parts of Finance and Treasury to ensure capital and liquidity plan forecast models are updated to reflect actuals and highlight the impact of any significant movements.. Act as the primary point of contact within finance for your product area, being responsible for ensuring that business developments are shared with appropriate finance colleagues and are financially robust.What you need to know and show. Accountancy qualification - with practical experience in financial reporting and management accounting or strong financial modelling qualifications and commercial experience. . Prior knowledge of financial services, (experience with lending products including credit cards is desirable). Well-organised and able to prioritise workload in line with tight deadlines and work effectively under pressure.. Highly numerate, with excellent analytical and problem-solving skills and attention to detail (including Excel knowledge, power query and pivot desirable).. Excellent team player demonstrating strong relationship management skills, with an ability to work closely with others and be able to challenge decisions to deliver the best results.. Excellent written communication skills and an ability to communicate effectively across all levels of the organisation, e.g. able to translate complex/technical issues to meet the audience's competency level.#LI-MY1 We are committed to being a truly inclusive retailer, so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new
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whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:
Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury’s every Friday and Saturday and 15% off at Argos every pay day. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 30% of salary, depending on how we perform.
Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, interest free car loan of up to £10k, cycle to work scheme, health cash plans, pay advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an Employee Assistance Programme, you will also be eligible for private healthcare too.
Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.
Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).
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