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Senior Financial Accountant
3 months ago
If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth
About the Team
As the Treasury's Finance Team, within the Corporate Centre Group, we have responsibility for providing sound financial management advice and high-quality accurate information for parliamentary control and public accountability purposes. We also cover counter fraud, risk and assurance. We are part of the wider Government Finance Function (GFF), which represents and supports around 10,000 members of the finance community across the civil service.
Finance is made up of approximately 50 staff based across London, Norwich and Darlington sites. Finance is high on the agenda and provides the opportunity to influence the direction of the Department for the future.
This role is in the central Financial Accounting and Reporting Team (FAR). In addition to being HMT’s financial accounting Centre of Excellence, the team leads in the production of the consolidated accounts of the HMT Group leads several unique balances and transactions.
About the Job
- Leading the production, including appropriate management review and escalation where necessary, of the Treasury’s annual report and accounts (ARA), including the narrative sections of the document, as well as the consolidated financial statements. As well as the Whole of Government Accounts (WGA) submission the HM Treasury.
- Owning the production of the small company accounts for several of HM Treasury’s bodies.
- Collaborating closely with external audit over the audit period to ensure smooth progression of the HMT ARA and other company accounts to meet the laying timetable.
- Building strong professional relationships with internal and external partners, while acting as a subject matter expert, providing technical accounting advice in line with IFRS and the financial reporting manual (FReM) and other relevant Government guidance documents.
- Providing specialist financial advice to an external ALB in it's infancy. In order to ensure strong financial management and accounting – while engaging with experts on behalf of the business and providing advice on financial accounting and key finance processes.
- Handling key balance sheet items and the monthly processes including reviewing working papers and approving journals. Analysing current processes to identify and implement ways to improve processes and financial control.
- Leading at least one staff member within the branch, with a focus on development and building their capability. Supporting the development of the strategic direction and objectives of the wider team.
- Supporting other finance branches with processes such as in-year budget management and Main and Supplementary Estimates.
About You
Our ideal candidate will hold a CCAB (or equivalent) qualification.
You will need to demonstrate excellent numerical and problem-solving skills as well as knowledge of International Financial Reporting Standards (IFRS). You will have the capability to clearly explain your thinking both in writing and in person.
You will be tenacious in overcoming challenges and see your ideas through into action and delivery. You will also be a teammate with the skill to articulate a vision, engage and motivate people to deliver results. You will support the ongoing learning and development of staff and demonstrate dedication to inclusive team values.
You will show ability to drive forward efficiencies, innovation, and automation for continual improvement to financial reporting processes and reporting.
HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, ethnicity, LGBT+ identity and socio-economic status.
Some of the Benefits our people love
- 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, compressed hours).
- Generous parental leave and adoption leave packages.
- A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27%
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes.
- Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
