Finance Business Partner (Collections)

National Museums; Greater London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

Tate is seeking a Finance professional to join the Finance Department in London. You will produce monthly management reports, analyze variances and support budgeting processes to help budget holders manage financial performance.

The role emphasizes collaboration with senior staff and non-financial managers, with a focus on accurate forecasting and clear financial communication within a dynamic cultural institution.

Qualifications

• A recognised accountancy qualification.
• Experience in management accounts with budget setting and monitoring.
• Effective communication with senior staff and non-financial managers.
• Experience explaining financial concepts to non-financial colleagues.
• Negotiating and influencing skills.
• Ability to work under pressure and maintain attention to detail.
• Ability to set clear objectives, prioritise and monitor progress.
• Strong analytical and financial comprehension.
• Proficient in Microsoft Office and financial reporting packages.
• Ability to collaborate with diverse colleagues and show respect.
• Interest in Tate's work.

Responsibilities

• Produce, develop and analyse monthly management reports for budget holders.
• Process accruals, prepayments and adjustments for accurate monthly reporting.
• Provide variance analysis and commentary on monthly accounts.
• Promote financial management through training and support.
• Meet with budget holders regularly to identify risks and opportunities.
• Assist budget holders to prepare accurate forecasts and plans.
• Provide financial and non-financial information to stakeholders.
• Support annual budget preparation with department heads.
• Respond to information requests from government bodies and funders.
• Undertake ad hoc analysis, business cases and option appraisals as required.
• Gather and monitor key performance measures and benchmarking data.
• Provide support to Head of FP&A, Financial Controller and CFO when required.

Skills

Budget management

Management reporting

Financial analysis

Communication with senior staff

Attention to detail

Microsoft Excel

Excel reporting

Explain financial concepts

Negotiation

Collaboration

Stakeholder engagement

Education

Recognised accountancy qualification

Tools

Unit4

Accounting package report writers

Job description

About your team

The Finance Department is responsible for financial planning, reporting and control for Tate. The Finance Business Partnering team, reporting to the Head of Financial Planning & Analysis, is responsible for management reporting, forecasting, budgeting, financial analysis and business partnering with budget holders.

What you will do

• Produce, develop and analyse monthly management reports to enable budget holders to have good oversight of their budgets.
• Process accruals, prepayments and any other adjustments in a timely manner to ensure monthly reporting is as accurate as possible to allow a good oversight of the financial position.
• Provide helpful variance analysis and commentary to the financial position as presented in the monthly management accounts.
• Promote financial management at all levels through training and support.
• Regularly meet with budget holders to ensure the financial position being reported is accurate and underlying risks and opportunities are identified.
• Work with budget holders to prepare accurate forecasts, challenging assumptions and plans when necessary.
• Provide financial and non-financial information to stakeholders.
• Work with budget holders in the preparation of the annual budget for their departments offering advice and challenge when necessary.
• Respond to information requests from government bodies, funders and other external bodies.
• Undertake ad hoc analysis, business cases, option appraisals and projects as required.
• Gather and monitor key performance measures and benchmarking data.
• Provide support for the Head of Financial Planning & Analysis, Financial Controller and Chief Financial Officer when required

What you will bring to the team

Essential

• A recognised accountancy qualification.
• Previous Management Accounts experience with a proven track record of budget setting and monitoring in a complex and challenging environment.
• Effective communication skills in dealing with senior staff and ability to relate to non-financial managers.
• Experience of explaining financial concepts and information to non-financial colleagues.
• Negotiating and influencing skills.
• Ability to work under pressure, in a flexible manner and maintaining attention to detail.
• Ability to set clear and concise objectives, prioritise and monitor progress of own workload
• Good analytical and financial comprehension skills.
• Good working knowledge of Microsoft Office (particularly Outlook, Word and Excel) and in-depth knowledge of financial reporting packages.
• Ability to work collaboratively with a diverse range of colleagues and treat all colleagues with dignity and respect.
• An interest in and commitment to the work of Tate.

Desirable

• Previous experience of using Unit 4.
• Experience in utilising accounting package report writers.

National Museum Directors' Council, National Museums Liverpool, World Museum, WilliamBrown Street, Liverpool, L3 8EN