Job title: Finance Business Partner
Salary: £65,000
Grade: Band 3
Contract type: Permanent
Reference: 5600
Number of roles: 1 x Full Time Contract details: Permanent, Hybrid
Location: Pier Walk, Greenwich Application closing date: Sunday 18th October
All offers of employment are subject to satisfactory right‑to‑work checks, and candidates must be able to demonstrate their legal right to work in the UK. In certain circumstances, TfL may be able to sponsor Skilled Worker visas for roles and individuals that meet the required eligibility criteria, including those covered by transitional rules. Further details can be found here:Our response to visa sponsorship changes.
Background:
Road User Charging (RUC) is one of TfL's most high-profile and strategically important areas, sitting at the intersection of transport policy, city planning and financial sustainability.
The function plays a critical role in supporting the delivery of the Mayor's Transport Strategy through schemes designed to reduce congestion, improve air quality and encourage more sustainable travel across London, while also generating over £1bn of annual income that is reinvested into the capital's public transport network. As a highly visible area of public policy, RUC is subject to significant internal and external scrutiny and engages a broad range of stakeholders across TfL as well as external stakeholders such as the GLA and DfT.
With plans underway to procure and mobilise a new £100m per annum operating contract, alongside ongoing policy development and delivery, the team is operating at the forefront of some of London's most important transport challenges. This is a fast-paced and influential environment, offering the opportunity to shape decisions that have a tangible impact on the future of transport in London
Job Purpose:
To act as a trusted and influential Finance Business Partner supporting the RUC programme responsible for delivering the relet of major operational contracts and critical policy initiatives over the course of the business plan.
This role is not a traditional management accounting position. It is designed for a finance professional who wants to operate at the centre of a high-profile programme working closely with project, commercial and operational colleagues as well as suppliers to shape delivery outcomes, manage financial risk and ensure robust value for money.
The role will provide proactive financial leadership across the programme, including:
- Financial oversight of the RUC cost plan, ensuring effective forecasting, budgeting cost control and affordability across relet activities.
- Financial review and assurance of core assumptions underpinning financial plans and business cases.
- Commercial financial support to supplier engagement and negotiations, including interrogation of cost transparency, open‑book information and value‑for‑money considerations.
- Acting as a key financial adviser to senior stakeholders, translating complex financial issues into clear, practical insight to support confident and timely decision‑making.
This role is suited to someone who is motivated by working in a dynamic delivery environment and who is comfortable stepping outside the boundaries of traditional management accounting to influence outcomes across a high‑profile, business‑critical programme.
Key Responsibilities:
- Be a key, visible point of contact for budget holders, providing an integrated view of financial performance and supporting financial input into decision‑making across the RUC programme.
- Provide key management reporting and financial information to support decision‑making and delivery of agreed programme and business objectives.
- Collect, collate and challenge financial and planning information, including risks and opportunities, to inform short‑ and long‑term financial planning for the programme.
- Provide ad‑hoc analysis and insight on performance, including the use of investment and project appraisal techniques.
- Work with the BSF team to ensure accurate financial transactions and compliance with financial policies.
- Interface with local and central finance teams to ensure an efficient and effective finance service.
- Actively contribute to the Finance community, supporting continuous improvement and added value.
Skills:
- Financial planning, forecasting and variance analysis within a complex business or programme environment (Practitioner / Experienced).
- Management accounting and cost accounting, with the ability to interpret cost drivers, challenge assumptions and support informed decision‑making (Practitioner).
- Programme and project finance experience, supporting cost control, affordability, risk and delivery across complex or time‑critical programmes (Experienced).
- Commercial acumen, including the ability to understand, interpret and challenge supplier cost information, contractual cost implications and value‑for‑money considerations (Practitioner).
- Financial risk management and control, including identification, quantification and communication of risks and opportunities (Practitioner).
- Management reporting and ad‑hoc financial analysis, tailored to senior stakeholders and governance forums (Practitioner).
- Strong understanding of professional accounting standards and principles, with the judgement to apply them pragmatically in a delivery environment (Practitioner).
- Confidence working with financial systems and software, using data to provide insight rather than simply reporting outputs (Practitioner).
Knowledge:
- Educated to degree level or equivalent
- Fully qualified accountant (essential)
- Experience at building relationships at senior management level
- Working knowledge of investment appraisal tools and methodologies and their application
Experience:
- Experience in managing delivery of key management accounting services to time, budget and quality.
- Experience providing finance business partnering support to a major change/ transformation programme
- Experience working with and influencing senior management with demonstrable skills in challenging and collaborating with this type of stakeholder.
- Experience of integrated ERP accounting platforms (SAP) able to manage, use and manipulate data and information to enable effective reporting, planning, financial management and control.
- Demonstrable experience of driving value through effective analysis and management of financial information
Application Process:
- Please apply with your CV
- Think carefully about the skills, knowledge and experience in the advert and cover this in your CV
- PDF format preferred and do not include any photographs or images
- We may close this advert early if we receive a high volume of suitable applications.
We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.
Equality, diversity and inclusion:
We are committed to equality, diversity and inclusion and aim to reflect the diverse communities we serve. We believe that a diverse workforce enables us to deliver better services and outcomes. Our goal is to make our recruitment as inclusive as possible. As a Disability Confident Leader, we actively encourage applications from disabled people. As part of the Disability Confident scheme, we aim to offer an assessment or interview to candidates who apply via the scheme where the minimum essential criteria for skills, knowledge and experience has been met. In some circumstances, it may not be practical to offer an interview or assessment to every candidate who applies through the scheme and meet the minimum essential criteria; in these situations, we select candidates who best meet the minimum criteria for the job rather than interviewing all who meet them.
Across all recruitment activity, we recognise that selection methods may vary depending on the nature and scale of the campaign and will be applied fairly, consistently and proportionately in line with our Disability Confident commitments.
Benefits:
In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:
Final salary pension scheme
Free travel for you on the TfL network
Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home
30 days annual leave plus public and bank holidays
TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
Private healthcare discounted scheme
Tax-efficient cycle-to-work programme
Retail, health, leisure and travel offers
Discounted Eurostar travel
We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.
Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4 week period. Hybrid working arrangements can evolve subject to business requirements.
Vetting Process:
At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter (https://tfl.gov.uk/corporate/careers/our-vetting-process) explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services. We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn’t match or can’t be verified, we may not be able to move forward with your application, but we’ll always treat you with transparency, respect, and clear communication throughout.
TfL is currently unable to provide sponsorship to candidates for this role as the Home Office’s eligibility criteria for sponsorship will not be met. TfL keeps its approach under review in line with changes to UK immigration rules. We are also unable to provide advice or guidance on individual immigration queries and advise candidates to check the Government’s website for further information.
You may be required to undergo a Metropolitan Police NPPV1 (non-police personnel vetting) vetting process.