Senior Finance Business Partner, UK & Ireland
In this role you will be a senior leader in the LHH UK & I companies, responsible as the business partner to the Career Transition and Mobility (CT&M,) and Learning & Development (L&D,) teams.
This is a commercially focused, senior finance management role which is key to assisting the leadership to drive top line growth and improve profitability through focus on margin and cost efficiency. The role will be responsible for leading a small team to create strong business insight and timely reporting for decision making, whilst supplying key performance indicators in real time, so that the business can make high quality commercial decisions. The position will lead on the critical appraisal of margin proposals and make recommendations that enable growth.
This position will take ownership of accurate and on-time financial performance reporting, specifically the Profit & Loss report, forecasting and regular and reliable Management insights and will direct the annual budget and strategic planning processes.
The Senior Finance Business Partner (SFBP) will support the major business strategic decisions, as a central member of the Management team, in conjunction with the Finance leadership, and will be responsible for ensuring corrective actions are tracked and implemented. The role will look forwards to ensure that plans are in place to meet growth targets.
Reports to the LHH Finance Director UK&I
Internal clients are the Sales team and Sales Director, CT&M and L&D teams, SVP CT&M, SVP L&D
Central LHH team, including Accounting
Adecco Finance and Legal
One direct report
London and hybrid, with necessity to travel mostly within the UK across the office network
Contract type: Permanent, Full Time
Financial Reporting and Budgeting
Responsible for monthly and periodic financial (management accounts) reporting, e.g., GM report, Forecast and performance insight as necessary by the Group.
Prepare and guide quality financial updates at business review meetings
Coordinates the monthly performance reporting cycle; Establishes clear process ownership with Head of Accounting and manages the effective communication on accounting adjustments needed, that are implemented by the accounting team.
Supply and drive insights to improve business performance e.g., revenue growth, pricing and margin, including market and competitive analysis and operational cost insight and control
Enhances the monthly/periodic internal performance reports and develops KPIs so that management can track performance
Creates an effective forecasting approach across the sales team, enabling weekly tracking of short and mid-term outlook and facilitates decision making on corrective actions and tracks this
Manage timelines and accuracy of the group reporting and accounting requirements
Ensure robust budgeting process, supporting the vision and objectives, whilst getting the senior management team on board with stretch targets and responsibilities
Deliver central LHH and Group financial data and reports according to the internal deadlines
Profit focus and cost control:
Drives profitability through forensic attention to sales margin and operational cost efficiency
Builds and communicates commercial and analytical models to enable clear decision making
Tracks direct cost of sales and analyses key opportunities for improvement
Manages cost variances and implements corrective action with operational partners, e.g., overhead cost and payroll, to ensure adherence to budget, including real estate, travel cost, IT, and central allocations
Ensures expenses are managed in line with revenues and recommend action plan for any deviation from budget / targets.
Prepares contingency plans for any slowdown of business;
Work closely with Global Corporate IT team; Identifies areas for cost saving and improved value delivery
Prepares variance analysis monthly and highlight key issues and unusual items and provide recommendation to remediate
Sets stretching goals, issues targets and measures progress
Partner with the FD and SVPs in for example, CT&M, L&D
In the absence of the FD is the business partner to the SVPs and teams providing support and strategic level insights to strengthen confidence and decision making to enable better business outcomes
Establish regular, accurate and real-time reporting, furnishing the leadership team with robust financial and commercial insights and advice, regarding revenue and cost performance
Support the SVP teams in target setting
Drive profitability in the business verticals by analyzing trends, business, and sales performance, including analysis of the wider market and economic trends
Sales contracts and Performance and KPIs:
Assess the sales governance process for effective contract/opportunity decision making, recommend improvements
Asses deal proposals, to ensure proposals are profit making, challenging assumptions on price and delivery cost
Asses and track rebates and discounts ensuring the process enables a timely finance review
Devise and introduce lead indicators to enable improved forecasting
Set up daily/weekly KPIs, e.g., pipeline, referrals, engagement and billed stats
Set return on investment to measure effectiveness of resource investment and report
As a member of the UK&I “ZLT” leadership team, engage in wider country leadership, influencing colleagues and driving change
Partner with the FD as ‘stewards’ to the business, leading with a ‘critical friend’ style of challenge to enable careful and considered decision making
Direct FP&A team, set energizing vision, objectives and assign responsibilities
Maintain and recommend team structure design that will enable improved business performance
Drive expectation of best-in-class performance, producing stretch targets and objectives
Guide career development plans across team
Projects & Transformation
Work on ad hoc projects where appropriate
Actively part of the leadership within the LHH UK Finance team
Contributes to the Finance transformation program
Guide on Knowledge Exchange preparation and delivery and other ad-hoc business updates
Chartered Accountant essential (e.g., ACA, ACCA or ACMA) 3+ years post qualification
Experienced business partner – has supported a significant profit centre and assisted with successful growth in a major global business.
Excellent Excel skills and high level of IT literacy – Crucial
General Ledger exposure – good appreciation of accounting principles and International Accounting Standards
Has successfully managed and developed small teams.
Is a strong collaborator, gaining support and backing for business updates and decisions?
Is accurate and timely in all output, ensuring collaboration in advance of sharing data.
Highly developed stakeholder management, able to build strong and trusting relationships
High levels of resilience; sustains momentum when faced with trials.
Balances contending demands and responds well to changed priorities
Communicates effectively including to Executive, and C suite stakeholders
Sets and achieves buy-in to challenging but achievable financial goals
Planning and organization; consistently completes deliverables within deadline, within budget, and beyond expected quality
Excellent organisational skills, with the ability to prioritise and meet tight deadlines whilst maintaining high levels of accuracy
Is motivated for personal development and seeks long term, senior financial leadership job
Must have the right to work in the UK
The world of work is ever-changing and unpredictable. Organizations are constantly fighting a battle to find and maintain their competitive advantage: their talent. To succeed, they can’t just rely on what works today, working tomorrow. They need to be ready for next.
LHH exists to help individuals, teams, and organizations find and prepare for what’s next. With integrated, end-to-end solutions that include Advisory, Professional Recruitment, Career Transition, and Learning & Talent Development, we are uniquely positioned to work together to make a positive impact on the future of every person we work with at every key career moment.
LHH is at the forefront of change to build a bigger, bolder workforce. Every day is a new day to prepare for, and we’re here to make sure the future works for everyone.
A division of the Adecco Group – the world’s leading HR solutions provider – LHH’s 8,000 colleagues and coaches work with 15,000 organizations in over 60 countries around the world. We successfully help close to 500,000 candidates to enhance their careers every year. Our local expertise, global infrastructure, and industry-leading technology allow us to manage the complexity of critical workforce initiatives and the challenges of transformation. It’s why most of the Fortune Global 500 companies choose to work with us.
This is LHH.
Ready for Next.
LHH is an Equal Opportunity Employer.
For additional information on our Diversity and Inclusion policy, please consult the following link: https://www.lhh.com/us/en/diversity-and-inclusion