Role Overview
As a member of the Finance Business Partnering Team, the Finance Business Partner for Support Services is responsible for delivering finance business partnering services to the General Counsel, Central Support Services and Risk and Compliance Directorates. This includes supporting and enabling these areas of the business to make decisions but also provide challenge where necessary and covers budgets of £20-£30m.
The role is responsible for ensuring the areas served have accurate and timely financial information along with providing high quality analysis and insight to add value and influence decision making.
The role should provide robust challenge of all budget holders within the Directorates served to ensure budgets are managed effectively.
Finance business partners are responsible for advising and supporting the business from a finance point of view for any projects or initiatives they do. This includes support from a process point of view – ensuring the correct processes are followed with regards to budgeting and financial planning, but also from a SME point of view in any projects of initiatives they do that interact with finance and accounting.
This role does not have any direct line management responsibility, however, is expected to assist other leaders of the finance team with the training and development of more junior members.
Directorate/Department Overview
The Nest Finance team is split into the following areas: Business Partnering, Corporation Finance and Pension Scheme Accounting.
The Finance Business Partner team is responsible for:
- Delivering a high quality finance business partnering function – providing support and analysis to the business
- Being trusted advisers to the business and adding real value and strategic insight to assist in decision making;
- Supporting key scheme and programme initiatives such as retirement solutions with insightful and accurate analysis. Assisting presenting outcomes to ExCo, NCGB and other stakeholders as required;
- Supporting the corporation wide business plan process and business cases where relevant;
- Developing a culture of financial awareness and value for money and supporting processes;
- Supporting the Director of Finance in developing and maintaining a culture of continual improvement of processes and procedures within the finance department.
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 12 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.