Register  |  Log In  |  Contact Us

Finance Business Partner - English & Global School

Reference
1900936
Contract Type
Permanent
Sector
Education, Media & Communications
Location
London, GBR
Expiry Date
28/04/2019
Finance Business Partner - English & Global Schools CW Product Management Description At Pearson, the way we work is evolving. We’re becoming a simpler, more digital organization, so we can meet the changing needs of our learners to...

Job Description

Finance Business Partner - English & Global Schools CW Product Management

Description

At Pearson, the way we work is evolving. We’re becoming a simpler, more digital organization, so we can meet the changing needs of our learners today, tomorrow, and in the future.

We’re evolving Finance, to become simpler and more efficient. This will support Pearson’s ability to grow market share through digital transformation, and invest in growing market opportunities. In this way, we’ll achieve our Finance vision of beingone team, improving Pearson’s performance through finance excellence.

We’re implementing a new global Oracle ERP and Finance target operating model.The new operating model will see our finance business partnering teams focused on providing strategic and commercial insights across the organization. Our business partners play a critical role in helping the business assess and drive decisions to maximize performance. These roles are supported by a company wide finance shared services organisation providing services including finance operations, management reporting, planning and forecasting, and preparation of business cases.

Position Title:

Finance Business Partner - English & Global Schools CW Product Management

Career Framework:

Manager (D)

Department:

Finance

Reports to (title):

Director,

Location:

London

Role Summary

The Product Finance team is responsible for acting as Business Partners driving strategy, planning and overall financial performance. This position will partner with the SVP for Product Management English and Global Schools to understand the current dynamics in relevant parts of the company portfolio, compare to market trends and optimise investment opportunities. This position reports to the Finance VP of Global Product .

Directly responsible for a revenue of£400mand a cost base of approx.£40mincluding both opex and capex.

Collaboration, partnership and active stakeholder management are foundational to success in this role. Thriving in an evolving environment, working to drive innovation, and embed industry best practice to drive sustainable growth is key.

Key Responsibilities:

Strategy & Resource Planning

Applies a strategic planning approach, identifying tools, techniques and practices that are business enablers and enhance improvements in cost/performance or sustainability.

Monitors the finance progress against leadership team strategic goals and identifies bottlenecks to progress, identifying potential solutions, providing advice and escalating as needed to ensure goals are achieved.

Planning, Budgeting & Forecasting

Supports planning processes, including setting targets, communicating assumptions, coordinating budget preparation, challenging submissions and seeking synergies upon consolidation.

Provides the business with relevant financial support to enable effective planning utilizing appropriate budgeting and forecasting techniques.

Provides reasoned advice on modelling, planning and forecasting with reference to cost, time and quality which incorporate the organization strategic direction.

Financial Analysis

Applies common quantitative techniques such as discounted cash flow (DCF) and value at risk (VAR) to model the economic, fiscal and accounting impact of typical commercial activities, or standard financial structures and instruments.

Provides analysis to support decision-making, including presenting economic outcomes, identifying the key value drivers, benefits, sensitivities and risks, accounting and fiscal implications.

Prepares and analyses problems using sensitivity analysis and other techniques; reviews variance analysis and account reconciliations, and identifies significant items requiring the attention of higher-level management.

Has experience working with multiple business models.

Investment Analysis & Allocation

Applies a combination of quantitative methods, qualitative judgement and forward estimates in the development of sophisticated capital investment analysis.

Communicates investment analysis criteria to non-finance professionals in a clear and concise manner to support decision making in resource that drives revenue growth.

Cost Management

Applies various techniques such as target costing, value analysis, life cycle and discuss implications.

Prepares analysis and reports that enable the business management to effectively challenge costs and inform decision-making.

Participates in waste elimination efforts with the business to understand key drivers and cost reduction opportunities.

Leadership Capabilities:

  • Ability to Influence Others–Identifies the agendas, concerns, and motivations of interested others, and is persuasive when positioning ideas and arguments to address them. Proactively cultivates networks with key individuals across functions to gain support for ideas, creating a foundation for future influence. Ensures that all proposals or arguments are fully supported by strong logic and a compelling business case, addressing all relevant factors.
  • Communication–Communicates financial information and concepts in a clear, precise, thorough manner to meet the needs of both finance and non-finance audiences. Ensures that own positions effectively address others' needs and priorities, and that concerns are openly discussed and addressed. Projects self-assurance and unshakable confidence to influence outcomes with persuasiveness and candor. Appreciates the diversity of stakeholder interactions and adapts personal style as well as approach accordingly.
  • Strategic Decision Making–Critically and logically evaluates potential short- and long-term costs, risks, and benefits of alternatives before making key decisions.Critically and logically evaluates the costs, risks, and benefits of alternatives before making decisions.
  • Accountability and Ownership–Prioritizes and balances, organizes, and allocates time, actions, and resources to generate significant positive results and achieve critical goals, even in fast-moving or uncertain situations. Anticipates and decisively intervenes, addressing and removing obstacles, and redirects efforts to accelerate work, improves quality, moves the work forward, and/or gets efforts back on track.
  • Collaboration and Partnering– Identifies opportunities and takes action to build relationships between own area and other teams/departments to help achieve business goals.
  • Change Management Capability– Understands the change management process. Able to influence and lead others to embrace change positively in support of organizational objectives.
  • Prioritization–Juggles many priorities and competing demands for one's time. Understands the importance of materiality when prioritizing work.

Qualifications:

Recognized accountancy qualification or MBA.

Pearson is an equal opportunities employer. We do not discriminate against employees or job applicants and select the best person for each job based on relevant skills and experience.

We are also committed to building an accurate picture of the make-up of the workforce and encouraging equality and diversity.

The information you provide will stay confidential, and be stored securely. It will not be seen by those involved in making decisions as part of the recruitment process.

Qualifications

Qualifications:

  • Experience working in a multi-national matrix organization
  • Strong understanding of materiality and ability to prioritize across competing agendas
  • Ability to conduct investment analysis and capital asset evaluation
  • Deep accounting knowledge – holding a recognised accountancy qualification or equivalent
  • Ability to identify business risks and implementation of tactics to mitigate
  • Understanding of financial control, business performance management and process optimization and experience of working in more than one of these areas
  • An understanding of putting internal financial results into an external market context
  • Awareness of multiple business models and experience of working with more than one
  • Proven capability to develop and lead high performance diverse teams
  • Understanding of finance specialist areas: tax, treasury, M&A, compliance, corporate governance and ability to utilise proper judgement to involve them as necessary
  • Understand the principles of change management and demonstrated ability to champion and drive change.

Personal Qualities:

Brave – Resilient operating under pressure and to tight deadlines

Accountable – Demonstrates integrity & delivers what is promised

Decent – Represents Pearson’s values and believes in the company mission, is a trusted confidant to colleagues and external sources

Imaginative – Thinks creatively, using insights to improve work

#LI-RK1

Primary Location: GB-GB-London

Work Locations: GB-London-80 Strand 80 Strand London WC2R 0RL

Job: Finance

Organization: Finance

Employee Status: Regular Employee

Job Type: Standard

Shift: Day Job

Job Posting: Feb 11, 2019

Job Unposting: Ongoing

Schedule: Full-time Regular

Req ID: 1900936

Pearson is an Equal Opportunity and Affirmative Action Employer and a member of E-Verify. All qualified applicants, including minorities, women, protected veterans, and individuals with disabilities are encouraged to apply.