Finance Business Partner

Job content

Liberty Speciality Steels have a fantastic opportunity to join our Rotherham Steel & Bar business unit as a Finance Business Partner, reporting into the Finance Manager, Financial Planning & Analysis.

Rotherham Steel & Bar is comprised of a steelmaking and casting facility, a rolling mill and two bright bar processing facilities. In addition, there are engineering workshops, selling and administrative departments, and a flux blending facility.

The Finance Business Partner role will be responsible for either our steelmaking and casting facilities or for our rolling mill and bright bar facilities. The Finance BP will provide financial services to their management team, to the Rotherham Steel & Bar Finance Director and to the Finance Manager, Financial Planning & Analysis. The role is a mix of routine, development, and ad hoc tasks. The tasks are at the heart of decision-making processes within Rotherham Steel & Bar.

Duties And Responsibilities

Creation, maintenance, and update of financial models required to support decision-making

Preparation of the annual budget and monthly forecasts

Financial modelling of longer-term plans and strategy scenarios

Completion of weekly cash forecasts

Completion of standards revision exercises

Development, and update, of standard product costs and actual product costs

Generation of profit improvement and working capital improvement plans

Evaluation of capital investment schemes

Calculation of spend control targets, and reporting of deviations from targets

Evaluation of winter power operating strategies and input to energy management processes

Budgeting and tracking of Engineering major maintenance costs

Supply data to the RS&B Financial Accountant to allow build of monthly profit and loss results

Review, analysis, and reporting of the monthly profit and loss results

Actual v plan variance reporting on financials and key physical metrics

Monthly balance sheet review, and analysis, reporting of reconciliation differences and issues

Reconciliation of general ledger accounts assigned to the role, to the agreed frequency

Supply of information to enable the conversion of management accounts to statutory format

Review and development of internal controls for asset protection and accurate financial reporting

Supply of data to external auditors and respond to questions

Knowledge / Skills Required

Graduate with recognised professional qualification (Industry or Practice) e.g., CIMA or ACCA. Will consider qualified and part-qualified candidates

3 or more years’ experience in manufacturing

Performance measurement in a manufacturing environment

Standard costing and standard product costs

Construction of financial statements, P&L accounts, balance sheet, and cash flow

Ability to manage and intelligently analyse large volumes of data

Financial modelling

High level of proficiency with spreadsheets

Good mathematical skills

Able to communicate with colleagues at all levels in the organisation

Can connect the physical activities of the Business to the financial figures

Ability to intelligently analyse data and draw out the key points and recommendations

Benefits

35 days annual holiday

Generous pension scheme

Private Medical Insurance

Life Assurance

Income Protection