Financial Control Manager

Why BT

We’ve always been an organisation with purpose; we connect for good.   You can trace this back to our beginning as pioneers of the world’s first telecommunications company. 

At our heart, we’re a technology company with research and innovation in our bones, and a desire to be personal, simple, and brilliant for our customers - the values we live by. Creating an inclusive working environment where people from all backgrounds can succeed.

Our pursuit of progress over the past 180 years has established BT as a strong, successful brand, with huge scale, capable of achieving great things.  From supporting emergency services, hospitals, banks and keeping economies around the world online, safe, and secure, to delivering large scale innovative technology infrastructure like the creation of BT Sport. 

Today, in this fast changing, always on, digital world, our purpose remains true. Yet the market conditions, regulation and competition we face are tougher than ever before.  So if you have the drive, optimism, and resilience to help propel us forward, we’ll offer unrivalled personal development, a wealth of opportunities to learn, experience new things, and pursue new careers. 

We’d love you to be part of our future.

Why this job matters

The role plays a crucial part in cost control of CPS, understanding our costs and identifying efficiency opportunities to optimise the gross margin.  Specific areas of focus are as follows:

• Customer Capex - ensure we have control and precision in what we forecast and report with responsibility across month end reporting and Medium Term Plan (MTP) forecasting cycles, providing insight on revenue generating, profitability impact and cash recovery behind these customer capex investments.
• Internal Cost – in particular the shared service cost which supports the customer contracts, to lead and manage the interlock process for CPS, ensuring clear articulation of the cost forecast and the impact on revenue and profitability to all stakeholders.
• 3rd Party Cost – understand and articulate the key 3rd party suppliers, the make up on the cost base and working with the balance sheet controller to identify cash impacts and optimisation.
• Other - leading and supporting on projects and cost transformation initiatives to enable delivery of the MTP from idea creation to execution and tracking through to P&L benefit validation.

What you’ll be doing

• Managing and building key cost financial forecasts (Outlooks and Medium Term Plans) on a rolling basis, working with & aligning key stakeholders across multiple business functions.
• Presenting latest financial performance, providing clear insight on YTD and YTG position.
• Lead, support and provide analysis to assist projects linked to the delivery of MTP, being able to clearly link capex and service costs to P&L and balance sheet benefits, and driving profitable change for the short, medium and long term
• Identifying and driving key cost transformation initiatives and influencing the associated strategic thinking
• Ensure appropriate assets are registered correctly on the balance sheet with correct depreciation recognised in the P+L
• Establishing robust financial processes and associated outputs working with key stakeholders (Unit finance leads, Shared Service Finance, Business Finance, Procurement and our Global Finance Shared Service (GFSS)), communicating clearly to all and ensuring that these process are fully implemented and adhered to
• Lead on being the interface into the Business Capex Controller and Shared Service Finance
• Ad-hoc analysis to understand business drivers and resolve issues.

Skills

• Either Professional Accountancy Qualification (CIMA/ACCA/ACA etc)
• Excellent spreadsheet modelling and analysis skills
• Ability to produce high quality outputs (Powerpoint and Excel)
• Ability to interpret capex investments into meaningful insight, to inform decision making
• Ability to own and deliver results
• Creative thinking and innovation
• Constantly challenging the status quo; continually seeks out best practice
• Ability to convey the complex in a simple and meaningful manner
• Good influencer and strong communicator and ability to build relationships across all levels of the organisation
• Awareness of how the role contributes to the strategic aims of the business

Our leadership standards

Looking in:
Leading inclusively and Safely
I inspire and build trust through self-awareness, honesty and integrity.
Owning outcomes
I take the right decisions that benefit the broader organisation.

Looking out:
Delivering for the customer
I execute brilliantly on clear priorities that add value to our customers and the wider business.
Commercially savvy
I demonstrate strong commercial focus, bringing an external perspective to decision-making.

Looking to the future:
Growth mindset
I experiment and identify opportunities for growth for both myself and the organisation.
Building for the future
I build diverse future-ready teams where all individuals can be at their best.