Job description

Vacancy Summary

Job Title | Financial Accountant

Group | Corporate Centre Group

Team | HMT Group Finance

Line Manager | Emma Turner

Range | D

Salary Range | £32,000 - £43,124 per annum + £5000 accountancy allowance if fully qualified / £3000 if part-qualified

About HM Treasury

The Treasury is the United Kingdom’s economics and finance ministry. It is responsible for formulating and implementing the government’s financial and economic policy. Its aim is to raise the rate of sustainable growth, and achieve rising prosperity and a better quality of life with economic and employment opportunities for all.

About the Group

The Corporate Centre Group provides corporate systems, services, solutions and facilities to enable HM Treasury Group to deliver effectively and efficiently. It consists of Human Resources, Finance, Finance & HR Operations, IT and Facilities, Management Information, Correspondence and Information Rights, Estates, Security, Information and records management. We provide a vast array of services and solutions that enable the Treasury Group and its partners to operate effectively.

Key Accountabilities

Annual Report and Accounts

Assist with the preparation of the Treasury’s Annual Report and Accounts and WGA returns, including the consolidation of the department’s agencies, NDPBs and new bodies, including the consolidation of UK Asset Resolution (with Bradford & Bingley and NRAM).
Assist with the production of the accounts of Treasury’s special purpose vehicles for the mortgage guarantee scheme (Help to Buy), Sukuk and PF2.

Reporting and cash flow forecasting

Provide support in the Budget and Estimates process and cash flow forecasting for areas of spend related to the financial stability and growth interventions, contributing to the objectives of the wider finance team.
Assist with the delivery of financial information, internally and externally, including developing, monitoring and progressing appropriate mechanisms for capturing data and reporting to EMB and others as required.

Technical accounting and contribution to the development of policy advice

Provide financial support and advice regarding government interventions in the financial sector and the growth agenda.
Liaise with policy teams and assist with advising on the financial implications of new policies and initiatives on the department, including financial negotiations on financial stability interventions.

Other

Assist with the development of initiatives to grow the influence of the team across HMT Group, to improve the team’s awareness of the financial accounting impact of policy work across HMT and to improve the efficiency with which the accounts consolidation process is completed.
Provide ad-hoc administrative assistance to the Group Head, Financial Accounts, Governance & Reporting.

Working Arrangements

Location

The post will be based in London.

Hours of work

The working hours of this post are 42 per week (including meal breaks of 1 hour a day)

Some of the Treasury’s terms and conditions of employment, including hours of work, changed on 1st July 2013. If you joined the Civil Service prior to 1st July 2013 you may have joined on old terms and conditions working 41 hours per week. If you are successful in your application for this role please be assured that if you transfer into this post there will be no detriment to your existing hours of work.

This post is available on a full time, part time or job share basis, and flexible working hours can be accommodated.

Deployment policy

HM Treasury operates an End Date Policy with the following expected minimum time in post before a level move can occur:

Ranges B to C 18 months
Range D 18 months
Range E 2.5 years
Range E2/SCS 1 3 years

Person Specification

Candidates – Please note, you will need to evidence against this section on your Application Form.

Required Qualifications:

Qualified accountant with a recognised CCAB body or equivalent.

Required Skills, Knowledge and Experience:

Experience of financial statements preparation and financial accounting for complex consolidations, including experience of applying IFRS and the Government Financial Reporting Manual.
Ability to analyse technical financial issues and to communicate effectively complex financial information to a wide range of stakeholders.
Advanced excel skills.
Ability to work independently and manage a busy workload at key times in the year to deliver deadlines and priorities.

Interview

The Interview stage of assessment for this post will comprise of Competency based interview. The Competencies which will be tested during the interview are highlighted below:

Key competencies

Setting direction

Seeing the big picture | Changing and improving | Making effective decisions

Engaging people

Leading and communicating | Collaborating and partnering | Building capability for all

Delivering results

Achieving commercial outcomes | Delivering value for money | Managing a quality service | Delivering at pac

Diversity statement

HM Treasury has a strong commitment to equality and diversity. Our aim is to be a department which is open and accessible, recruiting and retaining diverse, talented and high-performing people who support and develop one another.

HM Treasury guarantees to interview any disabled applicants, provided they meet the essential criteria for the post, and confirm on their application, their eligibility for the guaranteed interview scheme.

Read more on Equality and Diversity here.

Applicant Eligibility

Individuals appointed to the Treasury will be subject to National Security Vetting. To allow for meaningful checks to be carried out applicants will normally need to have lived in the UK for at least 3 years. A lack of UK residency in itself is not necessary a bar to security clearance but the Department will need to consider on a case by case basis using all information that can be obtained following a successful application.

If in doubt about your eligibility to apply for this post, please contact HR Recruitment on: 020 7270 6000 (Option 3, Option 1) for further advice.

The Competency Framework has been advertised with this vacancy.