Sr Business Partner, Finance BP - IT


: $103,880.00 - $166,700.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.

To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

National Grid is hiring a Senior Business Partner for our Finance Business Partnering department in Waltham, MA.

Job Purpose

The Performance and Reporting group provides financial performance and planning support to the IT functional operating directors. This position will provide financial oversight and leadership to significant IT functional domains on a worldwide basis. The position has an 90% focus on OPEX, 10% Capex.

A key focus of the role will be a combined view of both internal resources and external service contracts and expert understanding of how the costs are attributable to the NG Operating Companies.

The business emphasis is on current quarter and full year outlook vs plan and rolling forecasts. Oversight ensures infrastructure costs are billed to the appropriate OpCos in an accurate manner. The role provides advice and counsel for improved cost management by identifying opportunities to reduce costs and strengthen management and business/operational controls. Multiyear contracts are set up on the balance sheet and are accompanied with amortization tables for automatic monthly expense postings. This role will require expert knowledge in the accounting for cloud based solutions: SaaS, DaaS etc.

Key Accountabilities

  • Responsible for financial and performance reporting of the IT Technology segments.

  • Lead financial analysis and trend outlook for the significant cost drivers of the segment.

  • Perform business partner role with the IT segment directors on budgets/forecasts and performance trends/challenges. Maintain a worldwide view of the IT segment through support channels in the UK.

  • Provide ad-hoc analysis to support requests from Cadence and IT operational review meetings.

  • Lead analysis and generate summary conclusions on rate case inquiries specific to your IT segments.

  • Responsible for maintaining reports and performance documentation.

  • Follows reporting guidelines and applies US GAAP, SOX and SEC requirements where applicable.

  • Utilizes knowledge of US GAAP, SOX, SEC requirements and IFRS in analysis and scenarios.

  • Responsible for supporting financial and non-financial controls to meet business requirements.

  • Primary Finance Business Partner to the CNI and Commercial organizations providing financial leadership and accounting support:

  • Ensures all required journals (accruals, reclasses, etc.) are processed both timely and accurately.

  • Provide monthly financial performance reporting and commentary for managers with monthly reporting deck summarizing major variances, outstanding issues, and risks and opportunities.

  • Provide forecast updates to management along with special targeted deliverables

  • Support the organizations in the development/commitment to their annual plan.

  • Develop financial KPIs/Metrics for areas of responsibility.

  • Create documentation of all allocations used in area of responsibility and ensure these allocations are reviewed and approved by the operating organization annually

  • Support and respond timely to audit requests for areas of responsibility.

  • Regulatory/Audit report - serve as liaison between audit requests to explain the nature of the charges and allocation rationale.

  • Provide quarterly data updates to the jurisdictional cost transparency reporting framework.

  • Issue periodic reports and support ad-hoc data inquiries.

  • Support various ad-hoc projects/analyses as needed.


  • Business and financial planning

  • Budget consolidation

  • Business unit finance

  • General Accounting

  • Data collection and review

  • U.S. GAAP, SOX, SEC requirements and IFRS

  • Budgeting, accurate forecasting and KPIs

  • Analysis of business performance

  • Project management

  • Cross-functional business partnerships

  • Qualifications Required:

  • Bachelors degree with a minimum of 5 years in business performance & reporting or data analysis.

  • Expert level experience in financial planning activities.

  • Background in business unit finance structures.

  • Experience researching and collecting financial data for accurate forecasting.

  • Background in utility service business activities.

  • Advanced computer skills in MS Excel, MS Word, MS PowerPoint and MS Access; SAP preferred.

  • Excellent written / oral communication skills, follow-up, and negotiation skills.

  • Proven business partnering skillset/experience.

More Information

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Internal candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team

Associated topics: actuarial director, assistant actuary, associate actuary, director actuary, life actuary, mathmatics, probability, retirement actuary, risk, statistics * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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