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Senior Financial Frameworks Advisor

3 months ago

Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Department for Education Full time

Details:

Reference number:

Salary:

- £37,593
Job grade:

  • Senior Executive Officer
    Contract type:
  • Permanent
    Business area:
  • DFE
  • Education and Skills Funding Agency
  • Finance and Provider Market Oversight
    Type of role:
  • Audit
  • Finance
    Working pattern:
  • Flexible working, Fulltime, Job share, Parttime, Compressed Hours
    Number of jobs available:
  • 2Contents
Location

About the job

Benefits:

Things you need to know

Location

  • Bristol BS1 6EH, Coventry CV1 2WT, Darlington DL1 5QE, Leeds LS2 8ER, Manchester M1 2WD, NewcastleuponTyne NE1 8QH, Nottingham NG2 1AW, Sheffield S1 2FJAbout the job

Job summary:


At DfE, we are proud of the commitment we make to diversity and inclusion and of the progress we have made.

We have active & vibrant staff networks, special leave policies and workplace adjustments put in place for those who need them.

We are continuing to build a diverse DfE, in an inclusive environment which nurtures and realises potential in all, at all levels.

Equality and Diversity - Department for Education

Summary of roles


At the Department for Education, we are offering you the chance to play a key role in the development of our financial frameworks for academies and colleges.

If you join us, you will play a pivotal role in protecting the £65 billion of funding we provide to academies, colleges and other training providers.

We are recruiting high calibre individuals to join our Financial Frameworks Team.

The team is at the forefront of establishing financial management and governance, accounting, reporting and assurance frameworks for academy trusts, colleges and other training providers in receipt of funding from the Department.

It is therefore a key team within the Department, playing a fundamental role in preventing the misuse of public funds.

You will help develop the frameworks, engaging with internal and external stakeholders, supporting and reporting to Frameworks Managers.

We are seeking to recruit staff who have:

  • strong interest in financial accounting, governance and financial management, with a keen eye for detail
- a good level of professional and technical skill, achieved in an assurance, technical or governance environment, with knowledge of auditing, financial reporting and accounting standards
- knowledge and understanding of best practice financial management and governance arrangements, preferably within public or education bodies
- a professional accountancy or audit qualification or studying for one (desirable)

Job description:

Department for Education (DfE)


The DfE is responsible for children's services and education, including early years, schools, higher and further education policy, apprenticeships and wider skills in England.


DfE's priority outcomes are to:
- drive economic growth through improving the skills pipeline, levelling up productivity and supporting people to work
- level up education standards so that children and young people in every part of the country are prepared with the knowledge, skills and qualifications they need
- support the most disadvantaged and vulnerable children and young people through high-quality local services so that no one is left behind
- provide the best start in life through high-quality early education and childcare to raise standards and help parents to work.

Education and Skills Funding Agency (ESFA)
The ESFA is an executive agency, sponsored by the Department for Education, which is accountable for funding education and training for children, young people and adults

The Agency:
- provides £65 billion of funding for the education and training sector, ensuring timely and accurate allocations and payment of education and skills funding to academy trusts, local authorities, colleges and training providers
- provides assurance that public funds are properly spent, achieves value for money for the taxpayer and delivers the policies and priorities set by the Secretary of State
- provides, where necessary, financial support for providers.

About the team
These roles are in the Financial Frameworks Team within ESFA's Finance & Provider Market Oversight Directorate (FPMO).

Our mission is to implement a robust, yet proportionate, system of accountability for education and skills providers, reducing the level of risk within a sector that receives annual ESFA funding of over £65 billion.

FPMO comprises approximately 215 staff based at DFE sites across the country.


The Financial Frameworks Team is a team of 9 staff comprising the Head of Financial Frameworks, 4 managers and 4 senior advisors.

The Team is at the forefront of establishing financial management and governance, reporting, accounting and assurance frameworks for academy trusts, colleges and other training providers in receipt of ESFA funds.


About the role
As a member of the Financial Frameworks Team, you will help develop financial, assurance and other frameworks for acad