Job Description

Location: Leeds or London


The Bank of England is a diverse organisation. Each of its 5,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. The Finance& Performance Directorate plays a critical role in protecting the Bank's financial position and reputation. The overall purpose of the Directorate is to contribute to the successful execution of the Bank's aims and objectives by ensuring it has an appropriate financial platform for its broader responsibilities, and for the challenges facing an organisation of more than 5,000 staff, with annual expenditure of circa 900mn.





The Finance & Performance Directorate has three Divisions, Finance Business Partnering, Financial Reporting & Control, and Financial Planning and Analysis.

Department Overview

This role is a 12 Month FTC opportunity.

The Assistant Finance Business Partner works to directly support the Financial Stability Business and sits within the Finance Business Partnering Division. Key outcomes for the team include the provision of strategic financial insight to the Business, accurate forecasting and budgeting, robust management accounting including financial reporting with succinct explanation where costs and headcount deviate from budget and forecasts.

Job description

This is an Assistant Finance Business Partner role, working within Financial Stability and Prudential Regulation Authority (PRA) Finance Business Partner team, key responsibilities include:


Assist FBPs in preparing regular cost and performance management information (MI) for senior executives. Perform month-end activities, prepare and present accurate and timely monthly performance reports. Collaborate with the business area and assisting FBPs to prepare budgets and forecasts, reviewing the projected costs ensuring they are on a sound basis. Build relationships with the Business stakeholders, FBP team and the wider Finance & Performance directorate, demonstrating the ability to work and communicate at various levels in the organisation and to work well within the team Collaborate and support the broader Finance & Performance directorate on ad hoc analysis as and when required, including process optimisation as required demonstrating the willingness and ability to learn new tasks Support the FBPs to review and challenge of investment projects, ensuring effective financial management and sound financial planning assumptions
Role Requirements:

Minimum and Essential Criteria

This role is ideal for individuals who are currently studying towards, or have a strong interest in pursuing, a professional qualification with a recognised UK accounting body (e.g. ACA, ACCA, or CIMA).


The successful candidate will be a commercially minded accountant. The role holder will have a sound understanding of Finance Business Partnering:


Ability to engage with and build effective relationships with stakeholders from across the Bank and at all levels Ability to work with Microsoft Suite, including the preparation of PowerPoint slides Good excel skill Excellent analytical skill and attention to detail Good organisational skills with the ability to prioritise work to meet tight deadlines Flexibility and adaptability to work in a fast-paced environment with multiple deliverables and ongoing change Ability to communicate financial information and analysis to stakeholders verbally and in writing Ability to work in a team When required, support wider Team deliverables e.g. providing cover to the PRA Finance Business Partner as well as contributing to Finance wide processes and deliverables

Desirable

Experience with Oracle or other ERP systems. Understanding of public sector finance or similar environments.

Our Approach to Inclusion

The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.



At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public.



We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.



For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.



Finally, we're proud to be a member of the Disability Confident Scheme . If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application.

Salary and Benefits Information

We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate.

London salary 37,440-42,140

Leeds 33,680-37,890

In addition, we also offer a comprehensive benefits package as detailed below:
Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange for salary through our flexible benefits programme each year. The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time. A discretionary performance award based on a current award pool. An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. 26 days' annual leave with option to buy up to 12 additional days through flexible benefits. Private medical insurance and income protection.

National Security Vetting Process

Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice .

The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance. As such, our ability to employ individuals who require sponsorship for immigration purposes is limited. The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful. Eligibility will therefore be considered on a case by case basis.

The Application Process

The assessment process will comprise of two interview stages.

Important: Please ensure that you complete the 'work history' section and answer ALL the application questions fully.

All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It's therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process.

This role closes on 15 July 2025

Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.