Description & Requirements
On behalf of HS2, we are looking for a Finance Business Partner (Inside IR35/PAYE) for a 6 month contract based in Birmingham.
HS2 is Britain’s new high-speed railway that supports the government’s number one mission growth. When it’s fully operational, the line will connect London and Birmingham in just 49 minutes. This will create better journeys for passengers. The railway links our two biggest economic centres, connects people with jobs and is attracting major investment before services begin. It then extends north of Birmingham to Handsacre in Staffordshire. Here, HS2 trains will connect to the West Coast Main Line for the Northwest and Scotland.
HS2 provides benefits for everyone faster, more reliable journeys for passengers; better connections to markets and people for businesses; and investment in infrastructure and skills for local communities.
As a Finance Business Partner, your main responsibilities will be:
Essential:
Corporate Governance/ Managing Public Money
Provides guidance on the application of governance within area
Acting as the Chief Financial Officer’s (CFO) representative at monthly review meetings
Review and financial endorsement of Change and Investment Papers, challenging all risks/ opportunities/ ensuring programme impacts are clearly identified and any associated costs recorded
Representative on investment change panels
Providing assurance to senior management that reported expenditure and contract payments are appropriate
IFRS Accounting / National Audit Office (NAO)
Provides input to development of policies and Enterprise reporting and planning development
Provides guidance on appropriate IFRS accounting treatment of transactions (prepayment / accruals/ liabilities)
Provides justification and supporting evidence of accounting adjustments to NAO Auditors as required
Financial Reporting/ Month/ Year end
Oversee the month end financial accounts close
Prepare the accounts and plan for year-end audit
Complete monthly analytics of contract spend and accruals held and challenge budget holders
Provide budget variance commentary
Review and assure Programme Board Packs
Funding/Cash Flow
Review and challenge emerging forecasts and monitor against Spending Review (SR) funding
Propose remedial actions to business as required
Work with supply chain finance leads and HS2 commercial to improve Actual Cost of Work Performed (ACWP) and cash flow data
Develop Cashflow forecast reporting for DfT, challenge the supply chain submissions
Business Planning/Forecast
Support and maintain the Business Planning and forecasting process, providing guidance on planning principles and expectations as provided by HS2 business planning
Provides assurance to the business that data provided by cost management / commercial is reliable.
Budget Management
Supports business in determining the appropriate disaggregation and delegations
Facilitate system changes required and reporting requirements for budget management
Workforce Costs & Indirects
Provide Workforce Actual costs and forecast information to inform programme cost estimates
Challenge budget holders to achieve workforce objectives and optimise resources
EDI
Actively promote and embed Equality, Diversity and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies and procedures on EDI
Please be aware that this role can only be worked within the UK and not Overseas.
In applying for this role, you acknowledge the following "this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different".