Payment System Specialist
2 weeks ago
**Details**:
**Reference number**:
- 412975
**Salary**:
- £55,403 - £61,939
- Important information about pay - it is expected that from 1 October 2025 the pay for this role will be £58,655. In addition, once the role holder has completed their probationary period (usually 6 months) they will become eligible to receive a pay premium allowance of £4,399 per annum. This pay premium allowance is non-contractual and non-pensionable
- A Civil Service Pension with an employer contribution of 28.97%
GBP
**Job grade**:
- Grade 7
**Contract type**:
- Permanent
**Business area**:
- CO - Infected Blood Compensation Authority (IBCA)
**Type of role**:
- Finance
**Working pattern**:
- Flexible working, Full-time, Job share
**Number of jobs available**:
- 1
**Contents**:
- Location
- About the job
- Benefits
- Things you need to know
**Location**:
- Glasgow, Newcastle-upon-Tyne
**About the job**:
**Job summary**:
In recognition of the hurt caused by the infected blood scandal and highlighted by the Infected Blood Inquiry (IBI), the government has accepted the moral case for a compensation scheme to pay compensation to those infected and affected. This is being delivered by the new Infected Blood Compensation Authority (IBCA).
This role is key to delivering a robust compensation service. You’ll be the finance lead, joining together with operational teams delivering compensation, ensuring that the payment system captures the key finance requirements, and managing the ongoing flow of information, risks and processes. You’ll ensure information feeds longer term cash forecasts, that cash and compensation are correctly reflected from a finance perspective, and you’ll ensure all the necessary controls and reconciliations are in place.
**_ Opportunities to move to the new Infected Blood Compensation Authority (IBCA). _**
- Please note that the mission of IBCA means that it is likely to be operational for a period of approximately 5 to 7 years. When IBCA’s work begins to wind down, IBCA employees will receive support and practical guidance to find a new role, whether in the Civil Service, another Arms Length Body (ALB), or an external employer._
**A minimum 60% of your working time should be spent at your principal workplace. Although requirements to attend other locations for official business will also count towards this level of attendance.**
**Job description**:
The payment system specialist in IBCA will report directly to the IBCA Head of Finance. You will be expected to lead the finance team engagement with the operational teams delivering payment solutions for the compensation scheme. There are a range of considerations you’ll lead on, but ensuring the system has suitable controls and that the relevant data is captured for payments made and compensation agreed is crucial.
You’ll manage a direct report who will focus on day to day reconciliations and cash forecasting. As such, the ability to manage staff is key, aiding their professional development; managing a range of deliverables in a timely manner is essential. To support the organisation rapidly establish its processes and deliver to tight timescales, this role will from time to time require flexibility to assist with the wider finance deliverables.
Supported by an SEO, you will be responsible for:
- Leading the finance engagement with operational and digital teams to ensure systems:
- have appropriate design from a finance perspective;_
- _have robust controls;_
- _capture and report key data._
- Oversee and develop cash forecasting processes in the short to medium term;
- Work with modelling teams and the financial accounting team to ensure flow of information needed for valuation models;
- The provision of systems accounting advice;
- Lead on any cash and compensation specific reporting to stakeholders outside of the usual month end and annual reporting processes.
**Person specification**:
**_ Essential Criteria_**
- Expert knowledge in system controls and finance data capture, ideally with experience of implementing or supporting the design of a payment system;
- Experience leading cash forecasting;
- Evidence of continuous systems improvement;
- Excellent stakeholder management skills, demonstrating the ability to influence non-finance staff in a technical environment;
- Demonstrable experience of managing and motivating a team to deliver their objectives and to continuously seek to improve processes, procedures and efficiency;
- Excellent organisational, time management and record keeping skills and the ability to multi task;
- Ability to effectively prioritise and change focus to respond to emerging priorities under pressure;
- Excellent communication skills, with experience of getting messages about complex accounting requirements across diverse audiences;
- Highly competent use of IT packages.
**Additional information**:
A minimum 60% of your working time should be spent at your principal workplace. Although requirements to attend
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