A HR business partner even though primarily having a job role of managing the human capital may also be involved in supervising certain functional areas based on their expertise. The following is a job description and profile specification for a business partner to work in the finance department.
The job of a HR business partner in the Finance Department would be mainly to support the financial requirements for new projects and contracts and also to take accountability of the major financial processes (Bratton & Gold, 2007:231-236). The additional tasks would be the analysis of the monthly financial statements, controlling costs and revenues and forecasting the finances of the organization in the forthcoming periods.
Together with this they are expected to partner and liaison with the key stakeholders of the business, other HR colleagues and leaders and align the HR functions of the organization in line with the current business priorities (Beardwell&Claydon, 2010:345-349). The persons recruited for this profile shall also need to ensure the effective translation of business requirements into output and the adherence to effective practices in HR. At times they may also need to deal with complex people management issues and act as the change leaders for the organization.
The skills required to effectively carry out the duties in this role would be as below-
Ability to survive in a complex and fast moving work culture with matrix reporting structures
Excellent written and oral communication skills in English
Good aptitude to analyse and solve problems
Good financial and business acumen and a flair for numbers
Constantly driven by success and a result-oriented mind-set
Be able to balance the needs of the customer, employee and the management
Capability to drive profitability in all ventures
Experienced in advanced financial planning and the use of such systems
Ability to work independently and manage multiple teams through work delegation
Relationship building capability with clients
Focus on being able to deliver business outcomes (Holzman& Klein, 1954:105-122).