Spirax-Sarco Ltd.
Finance Business Partner
Cheltenham
Posted 2 days ago
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Finance Business Partner
Finance Business Partner Department: Central Finance Reports To: Head of Finance, Steam Thermal Solutions (STS)
About the Role
The Finance Business Partner will act as a key strategic business partner and advisor, developing and implementing financial strategies aligned with Steam Thermal Solutions (STS) and Group goals, to maximise financial returns across core operational areas.
As a trusted finance leader, the role holder provides leadership, oversight, and financial rigour to ensure the business strategy and financial objectives are delivered consistently. The position oversees Innovation & Product Development (IPM), Steam Digital & Services, Global Oil, Gas & Chemicals (GOGC), and Sustainability/Green Tech (GT).
Direct Responsibilities
- Line Management – Oversees four Management Accountants (for IPM, Steam Digital & Services, GOGC, GT) and has dotted-line reporting responsibility for the Cotopaxi Finance Accountant.
- Optimizes team capabilities through performance reviews, development plans, succession planning, and talent promotion.
- Manages routine staff turnover and ensures talent continuity.
Key Responsibilities
1. Financial Planning & Analysis
- Owns budgets, forecasts, and associated processes for operational areas, ensuring alignment with Steam and Group strategy.
- Develops and prioritizes capital expenditure while optimizing cost efficiency globally.
- Supervises balance sheet forecasting and monthly performance reporting for management.
- Conducts variance analysis, financial monitoring, and commercial challenge to align business operations with budget commitments.
- Oversees weekly sales/order forecasting for Group reporting, ensuring robust justification for variations.
- Manages monthly management reporting, performance KPIs, and internal Group submissions.
- Streamlines balance sheet reconciliations across reporting areas and optimizes monthly financial processes.
- Supports tax-related filings, such as annual R&D claims, coordinating with Group Tax.
2. Global Financial Governance & Implementation
- Consolidates and drives financial discipline across central, divisional, and operating company (opco) budgets.
- Provides governance, financial controls, and Strategic guidance for investment candid proposals.
- Leads financial planning and analysis enhancements across divisions, with data-driven recommendations for decision-making.
3. Financial Modelling & Project Management
- Develops, maintains, and refines forecasting models for strategic decision-making, including:
- Business and project scenario simulations
- Capital and operational expenditure tracking
- Sensitivity and risk analysis
- Ensures capital and operational expenditures are aligned with budgets and strategic goals.
- Monitors project performance and provides informed reporting for better decision-making.
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4. Stakeholder Collaboration & Communication
- Builds strong relationships with internal and external stakeholders, promoting the Central Finance team.
- Works closely with Operational Heads to provide financial insights, support budget control, and enhance revenue growth.
- Liaises with Group Legal, Group Tax, Supply & Sales OpCos, facilitating cross-organizational projects.
- Prepares financial reports and presentations for senior management and key stakeholders.
- Supports royalty and recharge processes, coordinating with Sales, Financial Reporting, and OpCos.
- Ensures consistent, accurate management accounts and capital expenditure scheduling adherence to accounting policies.
- Promotes staff and cross-functional collaboration for streamlined reporting.
5. Ad-Hoc Financial Projects & Support
- Assists in audit requests and supporting ad-hoc financial tasks for Finance leadership.
- Resolves complex financial queries and optimizes internal financial processes.
Qualifications and Skills
Education & Experience
- Professional accounting qualification (ACCA, CIMA, or ACA).
- Substantial post-qualification experience in finance departments of commercial corporations, preferably in a multinational environment.
- Proven ability to deliver market-leading financial analysis in global teams.
Technical Skills
- Analytical & Critical Thinking: Interprets complex financial data to identify trends and propose remedies.
- Financial Acumen: Expertise in forecasting, valuation, and expenditure management.
- Problem-Solving: Identifies inefficiencies and develops cost-effective solutions.
- Adaptability: Thrives in dynamic environments and embraces changing business demands.
- Financial Software Skills: Advanced Excel proficiency, financial modeling, and general accounting software knowledge.
Communication & Leadership
- Clear Communication: Simplifies financial concepts for non-financial stakeholders.
- Presentation Expertise: Crafts and delivers actionable reports and insights to senior leadership.
- Effective Stakeholder Management: Builds trust and collaborates with diverse internal and external partners.
- Strategic Mindset: Aligns financial recommendations with long-term business objectives.
- Commercial Influence: Persuades teams toward optimized financial outcomes.
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Professional Integrity & Compliance
- Ethical Financial Practices: Ensures accuracy, fairness, and transparency in decision-making.
- Regulatory Compliance: Maintains adherence to financial rules and standards.
Company Overview
Steam Thermal Solutions (STS) is a core division of Spirax Group (FTSE100 and FTSE4Good), a global leader in steam and thermal solutions with brands Spirax Sarco and Gestra.
About Spirax Group
- Engages in technologies across steam management, thermal solutions, peristaltic pumping, and advanced fluid systems.
- Critical to industries like food processing, pharmaceuticals, biotechnology, power generation, databases, semis, and healthcare.
- Serves 165 countries, partnering with partners and clients to improve efficiency, safety, and sustainability.
purpose & Values
- Spirax’s mission: Deliver lasting, sustainable value for all stakeholders through innovative, efficient, and safe solutions.
- Inclusion Commitments: Foster an equitable workplace applying provide supportive policies for all backgrounds, including:
- Family-friendly support (e.g., gender-neutral parental leave, caregiver leave (15 days), menopause-friendly options).
- Safe and inclusive workplaces, with protections for staff in cases of domestic abuse, pregnancy loss.
- Disability Confident Employer, prioritizing accessible workplaces alongside medical equity.
Core Kulturspitz:
- Encourages an interdependent work culture where well-being and participation empower everyone.
Benefits
Spirax Group supports its employees with:
- A competitive salary + discretionary bonus.
- Flexible working aligned with personal preferences.
- Comprehensive benefits package including:
- 27 days paid holiday (besides statutory holiday time).
- 3 days paid volunteering leave.
- Private medical insurance.
- Enhanced pension plan and overseen life coverage offer.
- Optional access to a Share Ownership Plan (SOP).
- Free on-site parking and flexible offer perks.
- Employee Support Systems: Paid time off and wellness assistance are available under the spĎribus Inclusion Plan commitments.
Apply now to join this community that drives sustainable growth and impact alongside leaders in engineering and technical excellence.
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Skills
Financial Planning and Analysis
Financial Modelling
Stakeholder Management
Budgeting and Forecasting
Variance Analysis
Commercial Excellence
Strategic Planning
KPI Monitoring
Line Management
Advanced Excel
Project Evaluation
Risk Mitigation