Finance Business Partner - Forecast & Cost

Sheffield Forgemasters Engineering Ltd; Sheffield; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading engineering firm based in Sheffield is seeking a Finance Business Partner to support central cost executives and manage budgeting processes. The ideal candidate should have a CIMA/ACCA/ACA qualification, advanced MS Excel skills, and previous business partnering experience. This full-time role offers flexibility in working hours and a range of employee benefits, including a substantial pension contribution and wellbeing initiatives.

Benefits

Up to 8% employer pension contribution

Life Assurance Scheme, 2x annual salary

All Employee Bonus Scheme

Onsite canteen

Free onsite parking

Employee Assistance Programme

Cycle to Work scheme

Discounted Health Plan Scheme

Occupational Health Team

Qualifications

• CIMA / ACCA / ACA qualification or equivalent is required.
• Advanced MS Excel skills are essential.
• Previous business partnering experience is important.
• Knowledge of Financial Modelling is required.
• Experience with PowerBI is a distinct advantage.
• Strong commercial and business acumen are valued.

Responsibilities

• Business partnering with all central cost executives.
• Owning and developing the forecasting model and reporting.
• Engaging with stakeholders for consistent budgeting.
• Supporting cost management for Central Cost Exec members.
• Developing FP&A key outputs for the Executive Team.
• Preparation of MoD rates and capability charges.

Skills

CIMA / ACCA / ACA qualification or equivalent

Advanced MS Excel skills

Previous business partnering experience

Financial Modelling experience

Experience using PowerBI

Strong commercial and business acumen

Job description

The Vacancy

At Sheffield Forgemasters we have an exciting opportunity for a Finance Business Partner to join our team.

This role is based at our 64-acre site, sitting in the heart of Sheffield. Our Finance department plays a crucial role in ensuring the organisation's financial health, operational efficiency, and strategic growth. Covering everything from day-to-day financial operations to long-term financial planning & analysis, including the delivery of our recapitalisation programme.

As a Finance Business Partner, you will support all central cost executive budget holders, along with leading the business wide forecasting requirements including the S&OP monthly financial evaluation, Quarterly Reforecasts and the Annual Budgeting process.

What you'll be doing

• Business partnering with all central cost executives.
• Owning and developing the forecasting model and reporting.
• Engaging with stakeholders to ensuring a consistent approach to budgeting.
• Supporting Central Cost Exec members with managing their costs and budget variances.
• Supporting and developing FP&A key outputs used for the Executive Team and Board requirements.
• Assisting with the preparation of MoD rates & capability and capacity retention charge.

About You

• CIMA / ACCA / ACA qualification or equivalent.
• Advanced MS Excel skills.
• Previous business partnering experience.
• Financial Modelling experience.
• Experience using PowerBI is a distinct advantage.
• Strong commercial and business acumen.

We are also looking for someone who embodies our core values: Customer Focus; Working Together; Trust & Respect; Quality & Innovation and Safety & Wellbeing.

The Working Pattern

This is a full-time role working 37.5 hours per week, Monday - Friday. We offer flexibility in our start and finish times between 06:15 - 09:30 and 14:30 - 18:00.

Why Sheffield Forgemasters?

Sheffield Forgemasters is an iconic steel production and engineering company, with a history that can be traced back to the 1750s, starting life as a small blacksmith forge. We have since gone through many evolutions and gone by several different names and guises, whilst consistently being at the forefront of innovation and new process development in the steel industry.

Recognising Sheffield Forgemasters as a global leader in the designing, manufacturing and delivering of world-class steel forgings and castings, we were acquired by the UK Ministry of Defence in 2021. The acquisition has secured our role as a critical supplier to the next generation of UK defence programmes. As part of this programme of work, £1.3bn is being invested in modernising our plant and equipment, creating new opportunities for the business and our colleagues.

What We Offer

• Stability, with large-scale & long-term investment and orders already secured into the 2040s.
• A programme of redevelopment that will include state-of-the-art new machinery and facilities on site.
• Up to 8% employer pension contribution.
• Life Assurance Scheme as part of the pension programme, 2 x annual salary.
• All Employee Bonus Scheme, up to £1000 paid annually, dependent on company performance.
• Onsite canteen.
• Free onsite parking and available EV chargers.
• Multi-Faith Room.
• Long service award scheme.
• Free Sheffield Forgemasters branded coat upon joining, with other branded workwear available to purchase online.
• You at Work - Access to online discounts portal.
• Employee Assistance Programme.
• Cycle to Work scheme.
• Discounted Westfield Health Plan Scheme.
• Onsite Occupational Health Team, providing health screening and wellbeing initiatives and support, including but not limited to:
• Availability to confidentially discuss any physical or mental health concerns.
• Referrals and access to free Physiotherapy and Chiropractor sessions, when required.
• Ear irrigation.
• Flu Vaccinations.
• Blood Pressure management clinics.
• Weight management clinics.
• Occupational Health checks in line with health promotion and wellbeing events.
• Health promotion campaigns, utilising outside companies / charities.
• Access to Zest Fit - Lifestyle Coach.
• Skills for life sessions offered to all, including CPR, managing bleeds, burns etc.
• Financial Wellbeing Sessions - Pension providers coming on site to talk to colleagues and offering advice.
• Chaplain Service.
• Support for ex-military and reservists in employment as a bronze accredited participant in the Defence Employer Recognition Scheme.

Equality and Diversity

Our people are at the heart of everything we do at Sheffield Forgemasters. It's vital that our workforce reflects the diversity of both our local catchment area and the wider society in the UK, so we're proud to be an equal opportunities employer and we actively seek candidates from diverse backgrounds and communities.

Flexible Working

We recognise the importance of work-life balance and are open to discussing flexible working arrangements that align with our policies. Where business needs allow, some roles may be suitable for a combination of office-based and remote working.

Security

Successful candidates must undergo a criminal record check. Successful candidates must meet the security requirements before they can be appointed. People working with government / MOD assets must complete Baseline Personnel Security Standard (BPSS) checks.

Nationality limitations

Please be aware that many roles at Sheffield Forgemasters are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation.