The Finance Business Partner (FBP) plays an instrumental role in establishing finance business partnership with stakeholders in University’s unit or group of University’s units. The partnership is vital to enable and ensure effective finance planning, reporting and operations in alignment with University’s policies and guidelines.
This role is responsible for planning and executing the implementation of finance initiatives and targets to help achieve the goals of the University’s unit. It includes financial planning, budget monitoring and reporting, ensuring governance and compliance and coordinating operational activities related to specific objectives of the University’s unit.
The role has a primary reporting line into the Office of Finance and a secondary reporting line into the University’s unit.
Responsibilities:
Understands School’s strategy, priorities and aligns the financial activities to enable School to enable School to achieve the priorities. Provides relevant financial insights that value-add to the overall School performance. Performs pro-active partnering role and acts as a trusted financial advisor to the senior management in the School to resolve strategic and operational changes.
Conducts decision-support analyses that provides real-time and accurate financial information (endowment report, expenditure report, budget utilization report) and draws insights from such analyses to make recommendations to the School Management, as well as relevant finance stakeholders (e.g. finance partner @ college or finance leadership team).
Drives effective end-to-end financial and/or budget planning and variance analyses and monitors external changes that would have impact on School financial position, supports any change initiatives or project / process improvements that will improve the depth and efficiency of forecasting, budgeting, monitoring and reporting of financial performance of the School.
Recommends ideas and solutions with the aim of enhancing operational processes within the School by incorporating finance expertise (such as risks exposure) and best practices; Drives continuous improvements and identifies key areas of potential cost savings in the School.
Provides required financial expertise and advisory to stakeholders (e.g. faculty, principal investigators, managers) so as to protect assets and ensures compliance with existing policies and regulation. Uses organizational acumen and knowledge of School to advise finance office holders on implications to financial reporting, statutory and regulatory reporting.
Engage with internal and external stakeholders.
Supports all audit reviews and execute any audit remedial actions.
Requirements:
Bachelor’s degree in Finance or Accountancy
CPA preferred
Candidate should have a minimum of 8 years of relevant experience
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