Finance Business Partner

Location
England, Hertfordshire, Watford
Salary
£55000 - £62000 per annum
Posted
11 Jun 2024
Closes
18 Jun 2024
Ref
BBBH194678
Contact
Jack Green
Contract Type
Permanent
Hours
Full Time
  • Review, analyse and understand the end-to-end financials the F&B operations (Franchises, own-brand restaurants and other venues), alongside all relevant KPIs and other metrics, in order to be a dependable source of information so that the business can properly understand F&B performance
  • Act on the insights gained to provide guidance and input into decision making, framing financial metrics in a way that all levels of the business and differing stakeholders understand and can base informed decisions off
  • Appropriately challenge the business in order to ensure a risk-intelligent culture and identify issues as they arise
  • Understand the fundamentals of the financial statements, including operations, finance processes, systems & data in order to be able to know how to interrogate data (working collaboratively with other teams) in order to solve problems and measure performance
  • Work with the BI and Procurement teams to interrogate non-financial datasets (e. procurement of direct goods through the central procurement system) to properly improve analysis of margins and other F&B related activity
  • Attend meetings, host weekly and monthly business reviews and present periodically on your respective business area, providing the necessary insight in order for the business understand the risks & opportunities of meeting financial and other targets and the financial implications of other decisions
  • Collaborate with key stakeholders to develop annual budgets and align the financial planning with the overall business strategy
  • Ongoing monitoring of financial performance against budgets and forecasts, at venue level and overall P&L
  • Collaborate with other finance teams and the BI team to develop a suite of regular reports that are adopted as universal by the business and used to understand business performance
  • Where required, provide financial expertise in strategic and other initiatives, such as identifying Tax or working capital implications within a particular initiative and an ability to translate commercial or operational metrics into reportable & measurable financial metrics that align with KPIs and targets. Whilst specific knowledge (e. Tax) is not required, an ability to identify issues and 'knowing who to ask' is a key responsibility
  • Identify any potential finance risks or opportunities, work with key stakeholder to mitigate or maximise opportunities
  • Input into periodic reporting and attend business meetings etc. to meet various stakeholder requirements and provide insight to wider senior management
  • Ideally PQ/Finalist/Newly Qualified (ACA/ACCA or CIMA)