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Finance Business Partner

Job details
Posting date: 16 April 2024
Salary: £38,860 to £42,765 per year
Additional salary information: This role may attract and Accountancy pay enhancement of £1,310 Part-Qualified 1st Stage, £2,610 Part-Qualified 2nd Stage or £9,240 Qualified subject to proof of relevant qualification.
Hours: Full time
Closing date: 30 April 2024
Location: OX11 0QR
Company: Government Recruitment Service
Job type: Temporary
Job reference: 349580/4

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Summary

Background: The UK Space Agency:

The UK Space Agency (UKSA) is an executive agency of the Department for Science, Innovation & Technology (DSIT) and provides technical advice on the government’s space strategy, supporting the UK space sector to deliver the government’s vision.

Space is a part of everyday life. Satellites underpin our national economy, from agriculture and banking to aviation and shipping, and support our national security. Space science provides critical data to understand and address global challenges such as climate change, while missions to explore our solar system unite nations and advance humanity’s horizons.

We support a thriving space sector in the UK, which generates an annual income of £16.5 billion and employs 47,000 people across the country.

Through our portfolio of programmes and projects, we encourage the development of national space capabilities and are an early-stage investor in space research and development. We also promote the UK space sector’s interests and achievements; make connections to join up industry and academia; and represent the UK in international space programmes.

We have a powerful global voice, partnering with institutions across the world, including the European Space Agency.

More information about the Agency is available here: https://www.gov.uk/government/organisations/uk-space-agency

To discover more please watch this film https://www.youtube.com/watch?v=ZbZZ-o0IkVU

Our Inclusive Environment

We have an inclusive culture to make UK Space Agency a brilliant place to work where our people feel valued, have a voice and can be their authentic selves. We value difference and diversity, not only because we believe it is the right thing to do, but because it will help us be more innovative and make better decisions.

We offer first-class flexible working benefits, excellent employee well-being support and a great pension. We are fortunate to have a range of excellent staff networks and are proud to be a Disability Confident Leader employer. We will support talented people from all backgrounds to build a career and thrive.

We actively welcome applications from anyone who shares our commitment to inclusion.

Duties will include, but are not limited to:

  • Management and oversight of the budgets, forecasts, profiling, payments and liaison with key stakeholders
  • Monitoring in year spend with Programme and work Activity leads to provide challenge and hold accountable while ensure all areas including cash forecasting and purchase order process are reported accurately.
  • Development of detailed multi-year profiles to ensure affordability and adherence to agreed business cases with HMT including modelling around exchange rate fluctuations.
  • Development of monthly management information pack to be presented to director for sign off and to review actuals, budgets, forecasts, risks, FTE costs and more.
  • Preparation of briefings and financial advice to the UK Space Agency budget holders and Chief Operating and Finance Officer at the regular programme boards and other meetings
  • Capture and model Agency financial resourcing requirements for mid to long term fiscal events (Spending Reviews)
  • Develop financial models to monitor sustainability and drive senior leader decision making in the approach to Supplementary Estimates and Autumn Statements;
  • Identify risks and opportunities to drive efficiency and challenge Agency spending to support robust forecasting in year, and across years;
  • Supporting business case development (including production of cost models), to ensure UK Space Agency delivers robust financial cases;
  • Maintaining UK Space Agency business case guidance in relation to the financial case, ensuring it is up to date and user friendly;
  • Maintaining good relationship management with Activity Leads, UK Space Agency Directors and across departments (inc. DSIT) and stakeholders outside the Agency (inc. ESA), to maintain a strong and in-depth understanding of the scope and range of Agency activities and deliverables;
  • Representing the finance function and wider Corporate Directorate at a number of cross-Agency activities to ensure financial requirements are captured and scrutinised for risks (and solutions);
  • Provide other ad-hoc financial support including, but not limited to: NAO queries, ESA subscriptions, Parliamentary Questions (PQs) and Freedom of Information (FOI) requests;
  • Line management of direct reports – providing management support, development opportunities and a balanced workload

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