Senior Finance Cost Partner

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Salary Range

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Flexible Working Options

Job Description Summary

Job Description

JOB TITLE: Senior Finance Cost Partner

SALARY: £80,206 - £94,360

LOCATION(S): Bristol, Cardiff, Leeds

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

An exciting and unique opportunity to partner the largest Retail Banking Business in the UK.

About us

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

Do you enjoy working at pace, are you curious with a genuine desire to make a difference to the businesses we support? Our team work as the trusted Finance partners to Retail, the largest division within Lloyds Banking Group, providing cost partnering, key analysis and insights to support Retail operate efficiently and effectively for its customers.

The key responsibility of the Senior Finance Cost Partner is to act as a trusted advisor to LBG Retail CFA and COO Teams. To be their ‘critical friend’ by providing commercial insight and challenge to support their Business objectives. This role reports to the Head of Retail Cost Partnering

As Finance Partners we monitor, anticipate, and assess any potential future impacts on the business. We demonstrate an un-questionable appetite and curiosity to understand the Businesses we support, using our knowledge of the commercial drivers to tell a clear and concise story behind performance, and to formulate compelling business cases to transform at pace to meet the changing needs of our customers.

Day to day, you'll:

• Contribute to the setting and subsequent delivery of the business goals through the provision of key commercial decision support
• Be responsible for leading the direction, content, and insight of financial and commercial performance
• Interpret & present management reports to senior collaborators, ensuring that insight, results, and issues are well understood and explained in a way that is relevant
• Champion enhancing cost data and insight; driving forward the agenda of regular ad hoc proactive analysis
• Collaborating across teams to prepare regular forecasts including group-level quarterly forecast and 4 Year Operating Plans and monthly latest views articulating associated risks and opportunities
• Full engagement with Platform and Segment teams on relevant Group Strategic Review projects and investment benefits for Colleague Channels. Provide input to ensure the most efficient investments are taken forward, whilst maintaining interlock between all investment/project benefits, payback, objectives & key results

What you’ll need:

• Ability to understand and think commercially
• Curiosity and drive to think differently and bring new insights
• Take ownership and working collaboratively
• Strong verbal and written communication skills with the ability to make the complex simple
• Strong analytical and interpretative skills including good judgement
• Proactive development mentality: ‘develop ourselves to deliver better’

And any experience of these would be really useful:

• You'll be a qualified/in your final year as an accountant (ACCA, CIMA, ACA)
• Stakeholder management - capability to build and maintain strong working relationships internally across the Retail Bank, Retail and Group Finance and other key partners
• Able to deliver at pace, accurately, collaboratively, and with an appreciation of wider factors

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.