Finance Apprentice
5 months ago
**Details**:
**Reference number**:
- 342360**Salary**:
- £25,280- A Civil Service Pension with an average employer contribution of 27%**Job grade**:
- Executive Officer- Range C**Contract type**:
- Permanent
- Apprenticeship**Business area**:
- HMT - Public Spending**Type of role**:
- Finance**Working pattern**:
- Full-time**Number of jobs available**:
- 1Contents
Location
About the job
**Benefits**:
Things you need to know
Location
- This post is based in Darlington (Feethams House).About the job
**Job summary**:
**About HM Treasury**
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.
Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more.
- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, gender, age ethnicity, LGBT+ identity and socio-economic status.
We are part of the Darlington Economic Campus, a pioneering new cross-government hub which brings people together to play an active role in the most important issues of the day whilst working closer to the communities we serve. The campus provides the opportunity for people from all over the UK to help shape the future of the country, and our flexible working practices ensure you can collaborate effectively with our partners. It’s central government, made more accessible to you
**Job description**:
**About the Group**
**Public** **Spending Group**
The Public Spending Group is a high-profile and rewarding place to work. We help the Chancellor decide what to spend £1.2trillion a year on and ensure government delivers value for money for the taxpayer. We are responsible for reporting to Parliament and the public on how taxpayers’ money is spent. We drive forward improved outcomes and efficiency in public services and make sure value for money is at the centre of decision-making through better evaluation, data and analysis.
We advise on overall government policy on public sector pay and pensions, the biggest single driver of public spending. We collaborate with and directly support departments to deliver the Government Finance Function strategy, building finance, debt and risk capability across government and developing the management information, tools and frameworks to better understand and ensure value for money.
**About the Team**
**Government Financial Reporting Team**
Government Financial Reporting (GFR) is a friendly and encouraging team that sits within the Public Spending group and prides itself in developing professional technical expertise and working collaboratively with its wide range of partners. It leads on a number of critical finance ministry functions including:
- Developing guidance and maintaining the integrity of the key financial management and reporting frameworks, that underpin spending in central government. This covers financial reporting, departmental budgeting and the Supply Estimates process; the means by which government spending is authorised by Parliament.
- Producing major financial and statistical publications, including Public Expenditure Statistical Analysis and the Whole of Government Accounts, which consolidates the accounts of over 10,000 entities.
- Providing advice to government departments and Treasury Spending Teams on complex or novel transactions; particularly in respect of the financial reporting and statistical classification (e.g. whether they are on or off the Government’s balance sheet).
- Managing relationships with key independent external partners, including the National Audit Office, the Office for National Statistics, the Financial Reporting Advisory Board, and a number of accounting standards bodies both in the UK and internationally.
GFR comprises around 30 members of staff and provides exposure to a broad range of colleagues across the Government Finance Function, as well as working on areas of emerging policy and risk management within government. We are a dynamic team, and we fully support learning, development and growth.
**About the Job**
As a finance apprentice in the GFR team you will be expected to:
- Develop your knowledge of government budgeting, the supply and spending framework, and financial reporting guidance (including the Government Financial Reporting manual).
- Contribute to the development of financial reporting policy and HMT’s role as the standard setter for government accounting.
- Support the implementation of the recommendations of the Government Financial Reporting Review.
- Pro
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