Finance Business Partner in London - National Employment Savings Trust (NEST)

London

£55,000 - £60,00 per annum

Permanent

Not Specified

37.5

11 Feb 2025

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Finance Business Partner

Role Overview

We are looking for a Finance Business Partner to join our Central Support Services Team on a permanent basis.

The role involves ensuring the provision of accurate and timely financial information, providing high-quality analysis and insight to add value and influence decision-making. It requires robustly challenging all budget holders within the Directorates served to ensure budgets are managed effectively. Additionally, the Finance Business Partner will advise and support the business for any projects or initiatives undertaken, both as a finance subject matter expert and in process support, ensuring all activities operate within the financial

Given the changing circumstances, the Finance Business Partners will need to remain flexible, and the allocation of responsibilities for particular businesses and functions may change. Initially, this role is expected to support key functions such as Commercial, Procurement, Risk, Compliance, and Legal.

Education, qualifications and professional membership requirements:

Degree or equivalent
Full accountancy qualification is required (e.g. ACA, CIMA, ACCA, CIPFA, etc.).
2 years Post Qualification Experience

Experience and Technical Skills:

Financial reporting and the management of financial data through integrated financial systems such as XLedger
Financial analysis to provide insightful and actionable outcomes using Excel and other data analytics tools
Finance business partnering in a structured, professional environment or roles that have required developing relationships with and supporting non-finance stakeholders
Experience of communicating credibly and confidently with senior management and business stakeholders

Personal attributes required:

Commercially and strategically minded with intellectual curiosity about Nest’s businesses
Analytical ability to interpret high volumes of complex data and distil into concise insightful actions
A high degree of accuracy and attention to detail
Self-starter working on their own initiative to identify opportunities
Flexibility to work in a dynamic and changing environment
Strong communication skills (verbal and written) particularly to non-finance stakeholders
Focus on financial controls and process efficiency
Delivery focused approach with ability to prioritise high volumes of challenges with positive attitude
Stakeholder management including influencing and conflict management

Directorate/Department Overview

The Nest Finance team is split into the following areas: Corporation Finance, Pension Scheme Accounting and Finance Business Partnering (FBP). The Corporation Finance team are responsible for the financial and management accounting for Nest Corporation including the financial accounts, monthly closing, management information and the annual business planning process. The Pension Scheme Accounting team are responsible for the financial management and accounting for the Nest members Pension Fund.

The FBP Team plays the key role of being the interface between the Finance Function and our businesses and other functions. FBPs are trusted advisors providing strategic insight to help the business teams achieve their strategic objectives. FBPs act as the front line of the organisation's financial control framework helping businesses operate within key controls and ensure financial risks are managed. FBPs also help promote amore commercial and performance driven culture within Nest where we can identify opportunities for continual improvement of finance and business processes.

With the launch of the new Nest strategy, and the appointment of new Executive Committee roles, there are exciting changes underway in our stakeholder businesses and functions. There is a real opportunity to be a part of those changes and to impact their success through the support offered by this Finance Business Partner role.

Organisational Overview

Nest is a great government delivery success story. Established in 2010, Nest has been a critical pillar of the government’s automatic enrolment programme, with a public service obligation (PSO) to accept any employer wishing to use the scheme to discharge their automatic enrolment duties.

From a standing start, we have delivered a high quality, low cost pension scheme, open to all, which has not only delivered on its mission, but helped to drive up standards and best practice across the industry. Now with over 13 million members, Nest is playing a critical role in helping people save for their retirement, many of them low to moderate earners who may be saving for the first time and moving jobs frequently.

Nest now occupies a place in the market as a major Master Trust, a sector that has grown following the introduction of automatic enrolment and that we believe has great potential for delivering pensions to mass market consumers for many years to come, leveraging scale to offer low cost, modernised services in the context of strong Trustee governance.

To best serve our diverse customer base, it’s important that Nest has an equally diverse workforce and
promotes an inclusive culture. This is in line with the organisation’s values and ensures that Nest is a corporation fit for the future.

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