Head of Finance, Group Investment & Cost Partnering – GCOO Platforms

at  Lloyds Banking Group

End Date
Thursday 31 October 2024
Salary Range
£130,671 - £153,730
We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share
Job Description Summary
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Job Description
JOB TITLE: Head of Finance, Group Investment & Cost Partnering
SALARY: £130,671 to £169,103
LOCATION(S): London
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least
two days per week, or 40% of our time, at one of our office sites
About this Opportunity
Sitting within Central Finance the Group Investment & Cost Partnering team are the front line into the GCOO business who delivery the Group Change agenda. The team think strategically to support delivery and are trusted advisors to the Business and its Leadership Teams.
Business Partners provide challenge and insight and need to demonstrate an un-questionable appetite to understand the Businesses they support. Using knowledge of the cost drivers, they clearly and concisely articulate the story behind monthly results to senior customers and support planning and forecasting activity, providing innovative ideas and analysis.
Our proud culture of Building the Best Team in Finance and our subdivision promotes a positive, empowered culture. You’ll enjoy contributing to a diverse and inclusive team and thriving in an innovative and exciting work environment!

What we’re looking for:

• Leading, motivating and driving the team of Business Partners providing front line Business Partner support to Group COO Platforms.
• The knowledge and experience to oversee one of the largest and most sophisticated areas within GCOO and manage multiple senior stakeholder representing cross-divisional and strategic Group activity.
• Strong business partnering capabilities to support a number of GCOO CIOs and Leadership team members and support the delivery of Finance Transformation, helping to support one of the most significant transformation journeys at Lloyds.

What you’ll be doing:

• Lead Finance Business Partnering team activities including but not limited to:
• Provide Partnering support to the GCOO Core Area leaders and their business areas; managing an investment. portfolio of £c0.9bn and a BAU cost base of £1.2bn, helping them successfully plan for the future.
• Contribute to the setting of direction and goals through key advice.
• Present Management Reports to senior stakeholders, including the Group COO and Central Finance Director. Ensuring that results and issues are well understood and explained in a way that is relevant.
• Lead a team that partners stakeholders to support headcount (FTE) reporting & forecasting and the provision of insightful and robust MI.
• Work with Divisional colleagues, prepare regular forecasts including quarterly forecast and 4 Year Operating Plans. Support and challenge the business so that the plans produced are robust, with well-understood risks and opportunities.
• Monitor, manage and influence business related metrics not captured on SAP including the business Organisational Design and it’s affordability in the short and medium term.
• Provide commercial and decision support on key projects and multimillion contractual commitments, acting as a trusted advisor.
• Become fully engaged on relevant Group Strategic projects. Ensure interlock on all investment/project benefits, payback and objectives & key results.
• Provide active engagement with the Centre of Excellence to ensure an excellent flow of communication and standards of inputs/outputs.
• Embed the Lloyds Banking Group culture and vision through visible leadership, being a role model for the Group’s leadership behaviours.
• Build a robust team, ensuring colleagues are developed effectively, utilising the groups Your Best principles.
• Proactively build external/internal networks for the purpose of commercial gain.

About working for us:
Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.
We are proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role.
We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies
• If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.
We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference

• Lead Finance Business Partnering team activities including but not limited to:
• Provide Partnering support to the GCOO Core Area leaders and their business areas; managing an investment. portfolio of £c0.9bn and a BAU cost base of £1.2bn, helping them successfully plan for the future.
• Contribute to the setting of direction and goals through key advice.
• Present Management Reports to senior stakeholders, including the Group COO and Central Finance Director. Ensuring that results and issues are well understood and explained in a way that is relevant.
• Lead a team that partners stakeholders to support headcount (FTE) reporting & forecasting and the provision of insightful and robust MI.
• Work with Divisional colleagues, prepare regular forecasts including quarterly forecast and 4 Year Operating Plans. Support and challenge the business so that the plans produced are robust, with well-understood risks and opportunities.
• Monitor, manage and influence business related metrics not captured on SAP including the business Organisational Design and it’s affordability in the short and medium term.
• Provide commercial and decision support on key projects and multimillion contractual commitments, acting as a trusted advisor.
• Become fully engaged on relevant Group Strategic projects. Ensure interlock on all investment/project benefits, payback and objectives & key results.
• Provide active engagement with the Centre of Excellence to ensure an excellent flow of communication and standards of inputs/outputs.
• Embed the Lloyds Banking Group culture and vision through visible leadership, being a role model for the Group’s leadership behaviours.
• Build a robust team, ensuring colleagues are developed effectively, utilising the groups Your Best principles.
• Proactively build external/internal networks for the purpose of commercial gain