Payment System Specialist

1 week ago


Newcastle upon Tyne, United Kingdom Infected Blood Compensation Authority Full time

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

- 433653

**Salary**:

- £47,258
- 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 £3,544 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**:

- Senior Executive Officer

** Contract type**:

- Permanent
Fixed term
Loan
Secondment

** Length of employment**:

- Secondment/FTA length - from 2 to 4 years

** Business area**:

- IBCA - Finance

** Type of role**:

- Finance

** Working pattern**:

- Flexible working, Full-time, Job share, Part-time

** 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**:

- The Infected Blood Compensation Authority (IBCA) is a new arm’s-length body set up, at unprecedented pace, to administer compensation to people whose lives have been impacted by the infected blood scandal.
- IBCA will ensure payment is made in recognition of the wrongs experienced by those who have been infected by HIV, Hepatitis B or C, as well as those who love and care for them. They have been frustrated and distressed by the delays in achieving proper recognition, and we must help put this right.
- We are committed to putting the infected and affected blood community at the centre of every decision we make and every step we take to build our organisation to deliver compensation payments.
- **IBCA employees will be public servants. If successful in this role you will be appointed directly into IBCA, on IBCA terms and conditions as a public servant.**
- **Successful applicants will join the Civil Service Pension Scheme.**
- 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.

** Job description**:

- As a Payment System Specialist, you will be instrumental in engagement with the operational teams delivering payment solutions for the Infected Blood Compensation Authority (IBCA). You will be pivotal in building strong relationships with senior managers, developing a deep understanding of their business, and translating complex financial information into clear, actionable insights. You will be instrumental in safeguarding the financial health while ensuring the effective operation of this newly formed, high-profile organisation. You will be pivotal in building strong relationships with senior managers, developing a deep understanding of their business, and translating complex financial information into clear, actionable insights.- Supporting the finance team’s engagement with operational and digital teams to ensure payment systems have appropriate design, robust controls, and capture and report key data.
- Support the development of short, medium and longer-term cash forecasting processes to meet HMT requirements.
- Work with modelling and financial accounting teams to ensure flow of information needed for the agency’s compensation valuation models;
- Lead on any cash and compensation specific reporting to stakeholders outside of the usual month end and annual reporting processes.
- Provide advice on the improvements in cash management and accounting systems, including such areas as international payments.

** PLEASE NOTE**-
** Person specification**:

- **Essential skills**- **_ Financial Acumen & Technical Skills_**: Significant practical experience in system controls and finance data capture, ideally with experience of implementing or supporting the design of a payment system and cash forecasting, and a strong understanding of financial and audit processes;
- **_ Analytical Skills:_** Excellent analytical and problem-solving skills, with the ability to interpret complex financial data, and draw conclusions;
- Communication & Stakeholder Management: Strong written and verbal communication skills, with the ability to influence and build rapport with stakeholders at all levels;
- **_ IT Proficiency:_** Advanced proficiency in Microsoft Excel and experience with financial management systems (e.g., Oracle, SAP, or similar).

** Additional information**:

- 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.

** Qualifications**:

- Professional Qualification: this position can be completed by Qualified, Part Qualified, working toward, or a commitment to work towards CCAB, CIMA or equivalent.

** Behaviours**:

- We'll assess you against these behaviours during the selection process:

- Working Toget



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