National Audit Office
National Audit Office


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Vacancy

Job titleFinance and Reporting Business Partner
Minimum salary 
Maximum salary 
Location
Close date01/10/2021
Hide Section - Job description

Job description

Job descriptionFinance and Reporting Business Partner
Type of contract: Full Time, fixed term until end of March 2023
Salary: London: £52,629 to £63,868 per annum, Newcastle: £42,660 to £57,929

Nationality Requirements:

UK nationals
nationals of Commonwealth countries who have the right to work in the UK
nationals from the EU, EEA or Switzerland with (or eligible for) status under the European Union Settlement Scheme (EUSS)

Please note, we are not able to sponsor work visas. Please contact us at hrservicedesk@nao.org.uk should you have any questions on your nationality eligibility.

Working in the Reporting team, this is a high-profile role that provides management information to the Office and works closely with Executive Team (ET) and Resourcing Directors (RD) to ensure effective financial management across Groups/business units. The role would assist in providing 'real time' support and scrutiny to Groups/business units, to be a trusted adviser and to add value that will better support Groups/business units.
ResponsibilitiesBusiness Reporting:
• Coordinating the data returns from across the business on the Group balanced scorecard
• Producing the Group Balanced Scorecard dashboard. This includes information on how the Group is achieving
against its key indicators each month, and high-level commentary summarising each Group’s position. This is
delivered on working day 10 of each month
• Preparing the narrative for the Group Balanced Scorecards. This includes reviewing Group scorecards dashboards for
key information on how the Groups are doing with their financial and people management, impacts, delivery, and
quality
• Discussing the Group position with the Group Executive Director (ED) and RD, ahead of the Group Directors meeting
• Presenting the Group scorecards at the Group Directors meetings every month and discussing any
questions/concerns that may arise
• Continuing to refine how the data is presented in the scorecards, including collaboration with digital services on
introducing features within Business Intelligence, which will make reporting easier
• Work with digital services on the continuing refinement of the Group balanced scorecard

Financial Management:
• Escalating financial management concerns on a timely basis to the Head of Financial Management
• Producing monthly information for the Groups on budgets, profiles and outturn
• Working alongside the Finance team to improve clarity when queries are raised relating to finance.
• Providing input into management accounts on the quality of financial information on the system, including
explanations for movement of Group project budgets, outturn variation from budgets, and budget split across
financial years
• To support this, regularly meeting with the RD and their support teams to discuss the financial management of the
Group

Business Partnering
Reviewing the financial position of the group and raising any relevant issues with the Group. Particular focus on reviewing:

• The group remains within its planned resources
• Accuracy of budget information (including profiles)
• Performance against budget profiles
• Purchase order and contract positions
• Billing and budget approvals awaiting signoff
• Budget change requests and advising on their affordability
• Providing ad-hoc reporting support to the RDs on Group performance
• Attending regular meetings with the RD to understand any emerging issues and the impact on the NAO’s finances
• Providing enhanced business reporting including improving the impact, and understanding, of financial reporting in
relation to business performance – to enable rational, measured and responsible management

Operational Planning:
• Working with the Groups throughout the first phase of Operational Planning to ensure accurate information is
added to the system
• Reviewing group plans, projects and budgets entered into the system prior to sign off
• Following up with teams where information is incomplete
• Participating in delivering training for the wider office, both on how to apply the operational planning guidance and
wider financial management and budgeting skills

Other responsibilities :
• Providing advance notice to groups of upcoming points in the business cycle, for e.g., planning, year-end processes
and material required for Parliamentary briefings etc.
• Assisting directors and managers with ad hoc budgeting queries and issues, particularly those in your assigned
Groups
• Service owner rep for Financial Force (NAO’s ERP solution) – supporting the Service owner to design user stories,
acceptance testing, and updating Financial Force guidance. This will include representing the business in the
development and enhancement of Financial Force
• Participate in delivering training for the wider office on financial management and budgeting
• Learning new tools such as power BI and how they can be incorporated into business reporting
Skills required• Sound technical skills – In particular, the role involves building complex Excel models and handling large volumes of
• data. The information must be both accurate and timely so IT competency is a key skill
• Advanced analytical skills –ability to absorb, interpret and analyse both numerical and qualitative data quickly and
accurately in order to detect trends, abnormal patterns and link cause and effect
• Ability to think strategically – much of the role involves taking a wider view and linking the strategy, corporate
objectives, initiatives and developments to financial performance and output delivery
• Strong communication and presentation skills – both oral and written in formal and informal documents and emails.
• The role often requires simple presentation of advice, information, guidance in response to queries from financial
and non-financial Directors and lead managers about financial management processes or management information
systems
• Excellent organisational skills – ability to prioritise and meet tight deadlines
• Strong team working skills – the role involves collaboration with finance colleagues and many staff across the office
• Ability and willingness to innovate and find solutions and eager to learn
• Knowledge and understanding of the NAO’s business.
• Understanding of Business Intelligence will be useful
Educational requirements• A professional finance qualification will be desirable – ACA, ACCA, CCAB, CIMA or equivalent

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