Head of Programme Finance

2 weeks ago


Birmingham, United Kingdom Department for Transport Full time

**Details**:
**Reference number**:

- 328347**Salary**:

- £64,108**Job grade**:

- Grade 6**Contract type**:

- Permanent**Business area**:

- DFT - High Speed Rail Group (HSR) - Programme Integration**Type of role**:

- Accountancy
- Finance**Working pattern**:

- Flexible working, Full-time, Job share, Part-time**Number of jobs available**:

- 1Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- BirminghamAbout the job

**Job summary**:
Are you a finance professional looking for a role with a difference?

Can you build meaningful relationships with a range of stakeholders?

Would you like the opportunity to lead on one of Europe’s largest infrastructure programmes?

If so, we have a fantastic opportunity as Head of Programme Finance and we would love to hear from you

**Job description**:
The High Speed Rail Group (HSRG) sponsors the development and delivery of High Speed 2 (HS2) - the country’s largest infrastructure project, which will increase capacity across the UK’s crowded railway system, improve connectivity between the UK’s major cities and help support the wider Government objectives on decarbonisation and Levelling-up.

The role sits in the Funding, Strategy & Sponsorship Division which leads on all cross-phase funding and financing areas within the Department and Group that relate to HS2. The team is predominantly based in London, with members of the wider Division based in Leeds and Birmingham. HS2 Ltd also being located in Birmingham.

You will be a senior finance professional and qualified Accountant responsible for the monitoring of expenditure against budgets - both in-year and over defined fiscal event periods, such as the existing spending review period (2023/34 - 2024/25). The programme is easily the Government’s biggest, where we are forecasting spend close to £15bn over the next two financial years alone.

You will work collaboratively with the rest of the Group, DfT Finance Business Partners and HS2 Ltd and you will be adept at interpreting complex financial information and presenting conclusions to senior audiences, such is the scale of expenditure and high profile political interest in the programme.

The role reports directly to the Deputy Director for Funding, Strategy & Sponsorship and you will work very closely with the Head of Funding and HSRG senior leadership team, which comprises four Directors and our Director General. You will also liaise very closely with senior leadership across the Department’s Central and Strategic Finance functions given the Department’s wider priority to ensure affordability and to provide regular oversight of spend to the Executive Committee, Ministers and HM Treasury.

This interesting and demanding role is rewarding and offers a fantastic opportunity to have a direct influence to shape how the Department spends money on a major Government programme.

**Roles and Responsibilities**

**_ Your key duties and responsibilities will include:_**
- ** Financial insight **- Working with HS2 Ltd to ensure that cost performance and forecasting at the major contractor level is fully understood in relation to schedule, scope and cost drivers. Your work will also involve understanding emerging trends and the financial impacts of project interventions and mitigations. This will require robust and constructive challenge of HS2 Ltd, ensuring transparency of information and proactively dealing with emerging trends, ultimately helping the programme to deliver on its spend commitments and live within its Spending Limits agreed with Government.
- ** Constructive challenge of HS2 Ltd budget forecasts and profiling** - You will form close working relationships with HS2 Ltd and DfT Central Finance in order to understand future HS2 Ltd funding requirements. You will provide robust scrutiny of HS2 Ltd’s management information on earned value and isolation of inflationary impacts. Your will also scrutinise future detailed projections from HS2 Ltd to inform future bids for funding from HMT.
- ** Preparing for the next Spending Review** - You will work closely with the rest of the Funding team on ensuring that we have the right processes and evidence in place to commence negotiations with HS2 Ltd and HM Treasury ahead of financial year 2025/26.
- ** Presenting financial management information** - Responsibility for providing timely, accurate and clearly communicated financial management information and analysis, making full use of existing reports from HS2 Ltd, other relevent data and analytics tools, to support recommendations to drive efficiency and effectiveness through value added insight and advice. This could be on future project decision points, including supporting advice to Ministers.
- ** Month and year-end accounting** - Working closely with HS2 Ltd and other DfT Group finance teams, ensuring that detailed project/contractor level reporting provided at year-end accounting timeframes is consistent with overall fi



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