Financial Advisor

6 days ago


Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Cabinet Office Full time
About the Role

We are seeking a highly skilled and experienced Financial Analyst to join our team at the Cabinet Office. As a Financial Analyst, you will play a critical role in shaping the organization of the new Arm's Length Body (ALB) - the Infected Blood Compensation Authority (IBCA) - and building high-performing teams.

Key Responsibilities
  • Collate financial data from existing schemes for users;
  • Compile the financial package (total tariff-based compensation allocation, including loss of earnings calculations, reimbursement of probate costs and legal fees (infected estates) and netted off already received payments);
  • Provide the financial breakdown of the package for case approval and liaise with corporate finance for payment processing;
  • Calculate any payment adjustments based on reconsideration process.
Person Specification

We are looking for a candidate with:

  • Strong mathematical and analytical capability;
  • Ability to work comfortably with financial models;
  • Ability to work with historical or incomplete data to make judgements on a balance of probability;
  • Strong sense of empathy;
  • Ability to communicate complicated calculations and judgements to potentially vulnerable beneficiaries.

Additionally, we require:

  • Strong experience working in an accountancy, actuarial or finance role;
  • Experience working with customers or the public.
Qualifications and Technical Skills

The ideal candidate will have:

  • Degree (or NVQ6 or other equivalent) in accountancy, finance, mathematics, data science or other related subject area or the equivalent experience;
  • Technical skills in finance.
Benefits

We offer:

  • A salary of £35,400;
  • Contribution towards membership of the Civil Service Defined Benefit Pension scheme;
  • Learning and development tailored to your role;
  • An environment with flexible working options;
  • A culture encouraging inclusion and diversity;
  • A minimum of 25 days of paid annual leave, increasing by one day per year up to a maximum of 30.

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