Group Cost Allocations Business Partner, Dublin

Role: Group Cost Allocations Business Partner

Location: Hybrid working, which will include a blend of onsite (Molesworth St, Dublin) and remote working

• Do you have a financial qualification and Finance/Banking experience.
• Ability to manage competing priorities and to deliver against tight deadlines.
• Strong core business skills including stakeholder management and presentation skills

AIB Finance are looking for talented and ambitious individual to join our Cost Finance Business Partner team. This is a permanent role with a competitive benefits package including pension and holiday entitlements.

Our Finance team are key to AIB’s success in delivering its strategic and financial objectives. We are looking for individuals of all backgrounds who want to be part of that successful team, develop their skills, realise their potential and enjoy rewarding careers. We have a hybrid working model that enables our people to balance their time between working from home and the office. Supporting our teams in this way is important to our success.

Sound interesting? Then we’d love to hear from you.

What is the Role:

Our teams work to provide insightful financial information to inform decision making across AIB, meet our regulatory commitments, manage AIB’s capital, liquidity and cost effectively and protect the assets of our business for the long term. By doing that we work to contribute to an exceptional customer experience.

The role of Group Cost Allocations Business Partner reports directly to the Head of Cost Business Partners within our Transformation & Cost Team

A key element of cost allocations management is the understanding and assessment of its impact on segment profitability and product pricing. The business partner will work closely with the relevant business representatives and finance business partners to ensure that a fully transparent and comprehensive allocations process is maintained and understood. Critical to our success is an ability to understand the costs of the business and to apply a mix of analytical, commercial and communication skills to deliver information and insights to key stakeholders in a clear and concise manner. 

Key Accountabilities:

• AIB Cost Allocations reporting process.
• Collaborates with wider finance business partners and business representatives to provide ongoing insight, challenge, and review of all impacts of Cost Allocations on pricing and profitability.
• Manages and co-ordinates the annual Cost Allocations planning process, working collaboratively with key stakeholders across the business.
• In addition, this role holder will be provided the development opportunity through supporting the wider team of Cost Business Partners across various business partnering activities and deliverables.

Why Work for AIB:

We are committed to offering our colleagues choice and flexibility in how we work and live and our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements.

Some of our benefits include;

• Market leading Pension Scheme
• Healthcare Scheme
• Variable Pay
• Employee Assistance Programme
• Family leave options
• Two volunteer days per year

Please click here for further information about AIB’s PACT – Our Commitment to You.

Key Capabilities

Behavioural Capabilities:

• Collaborates - Proven constructive working relationships and excellent communication skills across internal stakeholders and impacted business areas. A dynamic, confident self-starter with experience of collaborating with colleagues across all areas of an organisation.
• Streamline & Simplify - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
• Ensures Accountability - Holding self and others accountable to meet commitments. Follows through on commitments and makes sure others do the same.

Technical Capabilities

• Accounting Principles - Understands financial and accounting policies & procedures, cost allocation and systems.
• Business Partnership & Consulting - Establishes working relationships with stakeholders in order to establish trust.
• Data Analysis - Collects, analyses, and interprets data to reach conclusions and / or present insights and findings.
• Technical Communication / Presentation - communicates with clarity and precision, presenting complex information in a concise format that is audience appropriate.

If you are not sure about your suitability based on any aspects of the role advertised, we encourage you to please contact the Talent Acquisition Specialist team at careers@aib.ie  for a conversation.

AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We are committed to providing reasonable accommodations for applicants and employees. Should you have a reasonable accommodation request please email the Talent Acquisition team at careers@aib.ie

By when?  Closing date is Thursday 2nd January 2025

Disclaimer:

Unsolicited CV’s sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.