Finance Business Partnering level seven certificate

About the finance business partnering role

CIPFA is an advocate of the development of the finance business partnering role in public bodies. Finance professionals in the public sector have developed their role by evaluating how they can best support their organisations in a strategic as well as operational sense. This adaptation to their role has enhanced the relationship between finance and non-finance professionals across the organisation, with finance professionals earning their position and putting finance at the heart of decision making.

CIPFA is delighted to be able to support this approach and to develop the different skill sets and approaches required to operate effectively as a finance business partner (FBP) through this new qualification.

About the qualification

The qualification offers a unique blend of online and classroom based training as well as providing refresher guidance on some of the technical/professional skills required of a finance business partner.

Once enrolled on the programme, each participant will be given access to an online learning platform containing workbooks and additional reading for each module that take them through the learning outcomes. The learning is further enhanced by face-to-face, highly discursive workshops that bring to life the learning achieved through the online platform. As part of the assessment process, delegates are tasked with completing reflective activities contained within each workbook to build up a Portfolio of Evidence. 

We are committed to providing a qualification that not only arms delegates with a range of best practice knowledge and skills, but also enables them to actively apply the learning back in the workplace in whichever sector they are based.

Accreditation

To gain accreditation delegates are required to submit a portfolio of evidence and a work-based project that records:

  • evidence of learning and critical analysis for each module (other than module two)
  • how the skills development has been translated to the working environment
  • and the development of delegates’ ability to undertake specific tasks.

CIPFA is in the process of accrediting the programme to a Certificate (level seven) in Finance Business Partnering, as well as offering those successfully completing the assessment the opportunity to apply for CIPFA Affiliate membership.

The modules offered through this qualification are as follows:

Fundamentals of business partnering – module 1

This opening module provides an overview of the role of the finance business partner (FBP) in the wider context; the key skills and behaviours that need to be demonstrated in an effective FBP; and the strategies required to successfully embed finance business partnering within the organisation.

Technical and professional skills – module 2

This module provides a refresher on the core technical and professional skills that a FBP needs to have in their toolbox to be successful in their role. These will reflect the most current guidance available and will cover hot topics of the time. It is anticipated that this part of the course will be delivered through webinars or e-learning.

Behavioural skills – emotional intelligence – module 3

The finance business partner needs to be able to successfully manage internal and external clients to ensure they best met the needs of their clients. A thorough understanding of organisational relationships will be crucial. Emotional intelligence is a key skill required.

Influencing skills – module 4

In today’s world of partnerships, alliances and flatter organisations, finance business partners need to increase their influencing skills at senior levels to maximise effectiveness in their roles. 

This module introduces a range of influencing techniques which can be used by FBPs within and across organisations to help achieve more win/win outcomes in their day-to-day communications. 

It helps them work out how they typically influence others, both within and outside their organisation, and gives them a wider range of options to use.

Communication and presentation of figures – module 5

One of the major challenges for FBPs in their reporting function is not only the production of accurate and timely financial information, but also ensuring that this information is disseminated in an understandable manner so that effective decision-making can take place. 

The aim of this module is to enable participants to present information effectively so that performance can be monitored and controlled and robust financial management maintained.

Impact and presence – module 5a

FBPs need to create a powerful impact on the people they meet and work with. Finance needs to be at the top table and when there, it needs to maximise its presence to add value. This process will enhance the role and impact of the FBP at senior levels within the organisation in supporting financial management and decision-making.

Transformational change – module 6

This module will examine how FBPs can influence strategies for planning aimed at bringing about large scale complex change programmes. 

As organisations undertake significant and complex change programmes, this module will analyse key success factors; the risks that have to be managed; and the pitfalls, problems and challenges.

It uses a number of accepted models of change to help FBPs understand the practical planning and management of transformational change.

Developing commercial acumen – module 7

This module develops participants’ awareness of the importance of commercial acumen and skills in the modern public services and how public bodies are developing to become more commercial in their outlook and strategy. The module will provide insight into the importance of the FBP's role in supporting the move to a more commercial environment.

Who is this course aimed at?

This qualification is aimed at those who are currently finance business partners or those aspiring to the role in the future.

Call us on T: 020 7543 5600 or email E: customerservices@cipfa.org to discuss running any of these courses at your premises.

Alternatively search our course calendar to discover a course suitable for you. 

If no dates are currently scheduled, please contact customerservices@cipfa.org to discuss future dates or having the course delivered in-house.

Price

£2200 excl. VAT

Course dates and additional resources

The first date on each programme will be a launch event over a lunchtime (12.15 to 13.45). This will provide delegates with the chance to get to know each other as well as some of the logistics and structure of the programme such as accessing the learning platform, pre-reading and work prior to face-to-face elements; the assessment process; and general administration.

The face-to-face sessions take place over a 4-5 months period. The total duration of the programme is 10-12 months to provide an opportunity for delegates to complete the assessment requirements.

Search our course calendar to discover a course date suitable for you. 

Recorded webinar on Finance Business Partnering and slides (PDF1.1mb)

Publications from CIPFA on business partnering

All courses and resources related to business partnering

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