Senior Finance Business Partner (Infrastructure)

Senior Finance Business Partner - Submarines

Full Time

Derby-Hybrid:

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future and we need people like you to come and join us on this journey.

We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

Job Description

An exciting opportunity has arisen for a Senior Finance Business Partner (Grade B) supporting the New Build & Components (NB&C) Delivery Business Unit (DBU) of the Rolls-Royce Submarines (RRSL) business, based in Derby.

The RRSL business is embarking on a remarkable period of growth, both in existing markets and in new ventures. The NB&C DBU delivers and supports critical activities to support the Royal Navy.

The New Build & Components (NB&C) business unit is responsible for Component Delivery, Engineering and for our integration with the shipbuilder in Barrow in Furness through our site-based teams.  The focus for NB&C is on - delivering our remaining Astute platforms to sea, Dreadnought – the UK’s top defence priority and most important programme in a generation and preparing for new product introduction and facility expansion programmes for SSN-AUKUS.

These critical activities and deliveries are key to delivering our commitments to the Customer – ensuring we deliver on time, on cost and safely.

This role is at the heart of the Submarines business, reporting into the Submarines Finance Director.

What we offer

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location.  It’s a locally managed and flexed informal discretionary arrangement.  As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

What you will be doing

• Working with Delivery Business Units (“DBUs“) Senior Management Team to ensure that business meets/beats the financial commitments. Identifying drivers and connections of the DBUs business performance

• Working with the DBUs in the development of the DBU strategy producing business plans/cases as required

• Owning key financial relationship with Submarines Alliance as part of the Dreadnought Programme

• Producing business forecasts that are balanced, challenging and supported by coherent assumptions

• Ensuring contract reviews meet governance requirements and challenge business performance

• Regular interface with Customer through provision of MoD spend forecasts, agreement of payment plans – forecast and actuals and other performance reviews

• Provision of cost justification to MoD Auditors and liaise with statutory auditors

• Responsibility for DBU’s individual and consolidated Profit and Loss and Balance Sheet control and fidelity

• Senior member of the finance function in Subs and providing a leadership role in both the finance area and the DBU’s 1st lines

• Promotion of financial awareness within the business and Lead, engage and develop direct report(s)

• Develop a continuous improvement culture within the business, championing compliance and the sustainment of good quality data.

• Actively support the HSE policies and be responsible for the H&S of all people within their area (including visitors and contractors)

Who we’re looking for:

At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles.

To be successful in this role, you will need to:

• Be a qualified accountant with proven experience and time served in a financial leadership role.
• Have experience with long-term contract accounting (IFRS 15), understanding complex financial arrangements and their implications.
• Demonstrate a strong commercial mindset, using financial insight to drive business performance and strategic decision-making.
• Be an effective leader, with proven experience in managing and guiding teams at a senior level. Have demonstrated the ability to both set and manage to a budget and forecast

It is desirable, but not essential, that you have knowledge or experience with:

• Single Source Contract Regulations (SSCR) and their application within government contracts.
• IFRS 16 and the key principals of finance lease accounting

We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives which are crucial to innovation and problem solving. We believe the more diverse perspectives we have, the more successful we’ll be. By building a culture of caring and belonging, we give everyone who works here the opportunity to realise their full potential.

You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

To work for the Rolls-Royce Submarines business an individual has to hold a Security Check clearance.  Rolls-Royce will support the application for Security Clearance if you do not currently already have this in place.  Due to the nature of work the business conducts and the protection of certain assets we can only progress applications from individuals who are a UK national or, in MoD approved cases, a dual national.