Finance Business Partner UKI - Ostomy Care
About Us
Pioneering trusted medical solutions to improve the lives we touch: Convatec is a global medical products and technologies company, focused on solutions for the management of chronic conditions, with leading positions in advanced wound care, ostomy care, continence care, and infusion care. With around 10,000 colleagues, we provide our products and services in almost 100 countries, united by a promise to be forever caring. Our solutions provide a range of benefits, from infection prevention and protection of at-risk skin, to improved patient outcomes and reduced care costs. Convatec's revenues in 2023 were over $2 billion. The company is a constituent of the FTSE 100 Index (LSE:CTEC). To learn more about Convatec, please visit Convatec Group.
We are guided by our five core values, that shape the way we work, every day: Improve Care, Deliver Results, Grow Together, Own It and Do What's Right.
At Convatec, we're transforming our business for the better. Better products. Better ways of working. And better ways of delivering for our customers and each other. We're aiming for nothing short of excellence. Join us on our journey to #ForeverCaring as a Finance Business Partner and you'll do the same.
About the role:
The Finance Business Partner serves as a strategic financial advisor to the business leadership, bridging the gap between finance and operations. This role combines financial expertise with business acumen to drive performance, support decision-making, and enhance profitability. The position requires close collaboration with stakeholders across the organization to translate financial data into actionable business insights.
The ideal candidate will act as a trusted advisor who can challenge assumptions, identify opportunities, and provide commercial recommendations while maintaining the independence and objectivity required of a finance professional. They will need to balance their role as a strategic partner with their responsibilities as a steward of financial governance and control. They will be expected to understand the business drivers deeply, identify trends, and proactively recommend solutions to business challenges.
The role requires someone who can communicate complex financial concepts to non-finance stakeholders effectively and influence decision-making at all levels of the organization.
Your Key Duties and Responsibilities
* FBP activities for the UK Ostomy Care (OC) including FMS
* Support the development of long-term financial strategies aligned with business objectives
* Provide financial analysis and strategic support to the business units
* Collaborate with the commercial business functions to optimize financial performance
* Collaborate and align with the UKI OC Commercial BU and Amcare, to optimize Global OC performance
* Develop and maintain financial models for decision-making
* Analyze financial results and KPIs, and prepare management reports
* Support UKI OC business operations review, leading on the financials
* Identify cost-saving opportunities and efficiency improvements, including structure
* Lead change management activities as needed
* Perform competitor analysis and market trend assessments to inform financial strategies
* Provide financial training and guidance to non-finance stakeholders across the organization
* Participate in negotiations with key customers and suppliers, offering financial insights
* Conduct pricing analysis and profitability studies
* Develop and maintain dashboards for real-time financial performance monitoring
* Conduct scenario planning and sensitivity analyses to assess potential business impacts
* Analyze the financial implications of proposed changes in business processes or systems
* Review financial performance to support the organization's incentive plans
* Coordinate with the Global Convatec teams to improve financial systems and data capabilities
* Analyze customer and product profitability to guide strategic decision-making
* Assist in financial risk management and compliance
* Lead ROI evaluations for proposed projects, as well as post completion
* Support budgeting, planning, and forecasting processes, working closely with GBS
* Support Controlling and Global Business Service (GBS) with the audit processes
Skills & Experience
* 5+ years of experience in finance, preferably in a business partnering role
* Strong analytical and problem-solving skills
* Excellent communication and interpersonal abilities
* Experience in financial modeling and data analysis tools
* Understanding of sales and marketing operations
* Experience with ERP systems and business intelligence tools
* CIMA Qualification required
Qualifications/Education
* Bachelor's degree in Finance, Accounting, or related field
Principal Contacts
* Internal: Global and local Business Unit, Amcare, Cross-functional stakeholders, GBS, Global teams, and CoE
* External: Customers and Vendors
Travel Requirements
This position involves some travel within the UK, and some overseas travel is expected. Most trips will include overnight travel.
Languages
* English: Speaking, Writing/Reading:
Working Conditions
Hybrid working - 1 to 2 days per week in the office in Paddington driven by business requirements as Convatec has a flexible approach to office working.
Our transformation will change your career. For good. You'll be pushed to think bigger and aim for excellence. Your ideas will be heard, and you'll be supported to bring them to life. There'll be challenges. But stretch yourself and embrace the opportunities, and you could make your biggest impact yet. This is stepping outside of your comfort zone. This is work that'll move you.
Salary: £65000 - £70000 per annum + bonus and benefits
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