The Senior Operating Expenditure (Opex) Business Partner plays a strategic role in managing the operating expenditure expenses of Version1, including procurement processes and transformation initiatives. This role will partner with key Opex owners across the organisation and play a critical role in cost management by ensuring effective budgeting, forecasting, cost control measures, supplier optimisation and transformation projects are in place. Through the provision of accurate reporting and variance analysis for actuals, budgeting and forecasting, you will identify and communicate risks and recommend opportunities to the business to drive efficiency and support effective strategic decision-making.
This role presents a unique opportunity to work closely with senior business stakeholders as a trusted advisor, providing real-time support, influence decision-making and add significant value.
Job Responsibilities
- Act as a trusted advisor to key finance and business stakeholders.
- Drive the business to develop detailed Operating Expense Business Plans, Budgets and Forecasts in line with the organisation strategy and processes.
- Prepare and present monthly, quarterly, and annual expense reports to senior management and their teams, as relevant.
- Review actual operating expenses against budget and forecast with the business. Provide insights into variances and where necessary, agree remediation plans with the business and monitor the execution of these plans.
- Conduct regular reviews / analysis of operating expense categories to ensure alignment with strategic objectives and highlight key drivers and areas for improvement.
- Liaise closely with the Financial Planning and Analysis team to develop key operating expense analysis and insights as required.
- Ensure, maintain and monitor robust cost management measures and governance.
- Develop financial models to support expense management and decision-making.
- Act as a financial advisor to various departments, providing guidance on expense management.
- Work closely with procurement and other teams to ensure cost-effective purchasing decisions.
- Support strategic initiatives by providing financial insights and recommendations.
- Support procurement transformation initiatives including contract renegotiations, supplier consolidation, and strategic sourcing.
- Ensure alignment of procurement activities with business strategy and financial goals.