External Reporting Manager
Government Actuary's Department
Apply before Midday on Thursday 17th October 2024
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Corporate Finance
Finance
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About the job
Job summary
The Government Actuary's Department (GAD) is a non-ministerial government department that provides actuarial advice to other government departments and organisations in the public sector in the UK and around the world. Our mission is to support effective decision-making and robust reporting within government as the first-choice provider of actuarial and specialist analysis, advice and assurance.
Job description
The finance team within GAD is small, but it has a broad and varied remit. The candidate will have the opportunity to be involved in a broad range of activities in a commercial organisation operating within government. This is an exciting time to join the organisation. We are setting out our strategy over the next five years, articulating our ambition and goals to continue to support the government and wider public sector. We are also planning our transition to a new finance system, which will not only bring benefits to the team, but impact the entire organisation, supporting decision making and transform the way we work.
You will have the opportunity to use your existing finance skills and develop wider knowledge of GAD financial accounting and reporting, whilst gaining an insight into how our work supports the wider public sector. A key requirement of the role is a flexible approach, with an ability to adapt quickly to change and to work with colleagues across the wider team.
Person specification
Support the production of GAD’s Annual Report & Accounts including disclosure notes and contributions to the Annual Report
- Support the Head of Finance in producing the department’s interim and final accounts. Ensure that the accounts are delivered to timetable, and that they are of good quality.
- Coordinate the production of the Annual Report by liaising with the relevant individuals across the business.
- Manage relationship with auditors and manage implementation of agreed audit recommendations.
Financial accounting
- Ensure GAD’s accounting policies are in line with HM Treasury’s Financial Reporting Manual (FReM).
- Supporting in the provision of professional accounting, budgeting and wider financial stewardship advice across GAD, improving financial awareness and assess the robustness of financial controls across the department.
- Assist the Head of Finance in developing and maintaining GAD’s financial control environment.
- Implement any new accounting standards with the support of the Head of Finance.
HM Treasury reporting
- Ensure that HM Treasury reporting requirements, including the Main & Supplementary Estimates, Spending Reviews and Whole of Government Accounts (WGA), are delivered to quality and timescales.
- Oversee the submission of OSCAR data returns to HMT. Ensure that yearly disaggregation of budget is carried out effectively.
Transition to new Finance System
- Support the implementation of a new finance system, assessing current processes and working with the finance and project teams to design ‘to be’ processes to ensure consistent and efficient ways of working in new system.
- Scope work required in finance team to prepare for implementation of new system including identifying new processes required.
- Build relationships with teams across the department to ensure there is strong engagement in the new solution and all team members are bought in to the change.
- Ensure there are regular updates for all stakeholders on project progress including any challenges and issues and plans to address these.
- Develop appropriate financial reporting for the wider business using the new finance system.
Management and development of direct reports
- Provide oversight to the finance operations teams (accounts payable and accounts receivable).
- Ensure that staff are actively managed and coached, and that development opportunities are pursued to increase the resilience of the team.
Behaviours
We'll assess you against these behaviours during the selection process:
- Making Effective Decisions
- Communicating and Influencing
- Working Together
- Delivering at Pace
Technical skills
We'll assess you against these technical skills during the selection process:
- Fully qualified accountant (CCAB or CIMA qualified) - Essential
- Up to date IFRS and HM Treasury’s financial reporting manual (FReM) knowledge - Essential
- Understanding of HM Treasury controls and HMT’s Managing Public Money - Essential
Benefits
- Extensive talent, career and personal development
- 25 days annual leave per year, increasing to 30 days after 5 years’ service. In addition we offer 9 days public and privilege days leave per year (pro rata for part time staff)
- Generous defined benefit Civil Service pension scheme
- Family-friendly policies such as help with caring responsibilities, special leave, generous paid maternity, paternity and adoption leave
- Access to employee assistance programme and occupational health
- Community volunteering programme, the opportunity to join a trade union, and discounted membership of local and national sports and social groups
- A working culture which encourages inclusion and diversity
- Salary advances for travel costs, including annual season tickets and cycle-to-work schemes
- Complimentary BUPA health check for permanent staff
Things you need to know
Selection process details
Application deadline: 1200 hrs on 17 October 2024
Shortlisting: 23 October 2024
Interviews: 30 October 2024
Interview location: In office (London E14 4PU)
Please apply via our recruitment portal below.
As part of the application form process, please submit your CV and supporting statement. Please do not email your CV outside of this process as it will not be accepted.
Shortlisting criteria is based on the Person Specification as set out in the Assessment Criteria section of the Job Description. Please ensure you provide examples of how you meet the Assessment Criteria; a strong application will also demonstrate that you meet the required criteria that are identified as key for this role. Applications will be shortlisted in line with the essential criteria for the role. Behaviours will be assessed at interview stage. Candidates who are successful at shortlist will be contacted as soon as possible and advised of the interview process and assessment (exact times and dates will also be confirmed).
A reserve list will be held for a period of 12 months from which further appointments can be made
Feedback will only be provided if you attend an interview or assessment.
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Nationality requirements
Working for the Civil Service
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).
Diversity and Inclusion
Apply and further information
Contact point for applicants
Job contact :
- Name : Recruitment Team
- Email : recruitment@gad.gov.uk
Recruitment team
- Email : recruitment@gad.gov.uk
Further information
