Academy of Medical Sciences
Finance Business Partner
Salary: £52,996 - £58,885
Permanent, flexible working
Hybrid working, 1 day a week in office
Office based at Portland Place
Closest Stations Regent's Park and Great Portland Street
The Academy of Medical Science are the independent, expert voice of biomedical and health research in the UK. The Academy's vision is good health for all supported by the best research and evidence. Their mission is to help create an open and progressive research sector to improve the health of people everywhere. They do this by supporting researchers with innovative funding and career development opportunities; helping create a more sustainable environment for delivering outstanding research, and helping researchers to work with academia, the public, policy makers and industry to make the greatest difference to health
Due to their ongoing growth plans they are looking for a Finance Business Partner to join their organisation. This role is responsible for supporting effective financial management and reporting for projects and budget holders based within the Academy's Finance Team. You will spend the majority of your time interacting with programme managers and budget holders to support on budgeting, forecasting, analysis of budget variances and provide regular finance reports to them, including monthly management accounts to ensure financial control and effective decision making
Key areas of responsibility:
- Lead on the annual budgeting and quarterly forecasting process including preparing budget templates for completion by budget holders, summaries of submissions for review and scrutiny and reconciliations of departmental budget submissions from draft to final.
- Work with Head of Finance to finalise the Academy budget for presenting to Director of Finance & Resources and the senior management team.
- Ensure that finalised forecasts and budgets are accurately imported into the accounting system and a full audit trail is maintained.
- Assist the Head of Finance and senior management team with the preparation of multi-year forecasts and models for bids and scenario planning.
- Working closely with budget holders, act as finance business partner and critical friend by challenging assumptions and broadening their financial thinking in order to objectively assess risk and ensure consistency across teams with financial inter-dependencies.
- Providing adhoc advice to budget holders and programme managers on financial matters and contract agreements.
- Monitor expenditure on restricted funded projects to ensure compliance with terms of funding arrangements, manage grant claims and income and expenditure recognition, and discuss any over/under spending with budget holders and flag to Head of Finance as appropriate.
Who are we looking for?
- A formally qualified Accountant
- Relevant experience in a finance business partnering, financial planning, budgeting and analysis.
- An excellent communicator who is able to influence at all levels within the organisation.
- Ability to work on own initiative, assess priorities and be proactive.
Benefits of working at Academy of Medical Science:
- Salary progression framework
- Hybrid and agile working (typically 1 - 2 days a week in the office)
- 29 days' annual leave including Christmas closure dates. Plus bank holidays
- Pension (the Academy contributes 8% of gross salary to a pension scheme, with an employee contribution of 3%, with matched contributions up to a further 5%)
- Life assurance
- Season ticket travel loan (interest free)
- Family-friendly benefits (enhanced maternity and paternity leave, coaching for parents returning to work)
- Subscription to Headspace and Class pass
- Staff training to support your development including EDI training
Academy of Medical Sciences is fully open to sector experience. As such we welcome candidates from industry, charity or practice backgrounds.
Timetable:
Closing deadline: Thursday 8th August
Interview 14th August