Financial Accounting Lead - Flexible Working Available
City of Westminster, London, SW1P 4DR
About the job
Would you like the opportunity to prepare a major Government departments financial accounts?
Are you seeking a role that gives you the opportunity to hone your accounting and technical knowledge whilst giving the opportunity to line manage and mentor others?
If so, we would love to hear from you.
We are looking for a Financial Accounting Lead to manage the preparation of the Department for Transports Group Consolidation Accounts and the associated processes and controls throughout the financial year.
This role is at the heart of the Department for Transport’s financial accounts team. With support from other members of the accounts team, you will be responsible for producing the financial statements for the DfT Core department, which has expenditure of nearly £20 billion and over £40 billion of assets. The DfT accounts are laid in Parliament each year and attract a high level of Parliamentary and media interest.
You will be expected to establish and maintain an appropriate level of stakeholder relationship, liaising with DfT’s business units, providing guidance and assistance in the achievement of a number of Financial Accounting requirements.
You will have opportunities to support the group consolidation of the DfT accounts, and to lead on a number of other financial reporting responsibilities, such as the department’s Whole of Government Accounts submission to HM Treasury and other sets of accounts required by Parliament.
You will have line management opportunities for more junior members of the accounts team, and you will develop the Department’s working level relationships with a wide range of stakeholders across the Government finance profession, including colleagues in Group Finance, the wider DfT business, National Audit Office and HM Treasury.
Key responsibilities will include:
• Production of the DfT Core financial statements at period 6, period 9 and year-end.
• Regular balance sheet reconciliations.
• Day-to-day oversight of the transactions and balances recorded in the accounting system and consolidation of these financial results into the DfT group accounts.
• Support the future implementation of DfT’s new, enhanced accounting package.
• Focal point for audit queries raised by the National Audit Office.
You are either a part or fully qualified accountant. You have the ability to apply financial accounting knowledge and exercise your own judgement to make decisions which impact on the Group’s balance sheet.
A team player, you are a highly organised individual with the capability to perform significant co-ordination to collate contributions from outside the team.
You are results-driven with a high level of attention to detail and accuracy. You will be passionate about the opportunity to coach and develop individuals in their objectives.
An excellent communicator, you confidently engage with a range of internal and external stakeholders to build and maintain trusted working relationships. You are an expert Microsoft Excel user, developing models with advanced pivot tables, database functions (including nesting of functions) etc.
We are part of the Department for Transport (DfT). DfT is a great place to work, and our ‘one team’ approach really makes a difference. We value our staff and that’s why we’re committed to nurturing an inclusive environment across the Department.
You’ll be part of an innovative organisation that invests in all our people, ensuring we have the diverse skills to deliver transport that moves Britain ahead now and into the future.
Find out more about what it's like working at the Department for Transport.
DfT’s inclusion is recognition of our commitment to make the Department a great place to work through our culture of equality and inclusivity and the great strides we’ve made to raise the number of women in senior positions.
We'll assess you against these behaviours during the selection process:
- Making Effective Decisions
- Communicating and Influencing
- Working Together
- Delivering at Pace
"Being part of our brilliant Civil Service means you will have access to a wide range of fantastic benefits.
- a generous annual leave entitlement,
- attractive pension options,
- flexible working,
- good career development opportunities,
- a variety of career paths,
- inclusive working environments and much more to support a healthy work/life balance."
Things you need to know Security
Successful candidates must pass a disclosure and barring security check.
Selection process details
This vacancy is using Success Profiles, and will assess your Behaviours and Experience.
In order to apply, candidates are asked to provide a CV & Personal Statement. Please tailor your Personal Statement to demonstrate your experience of financial accounting under IFRS and/or FReM, e.g. through producing or auditing financial statements working alongside a wide stakeholder base.
The sift is due to take place on or around 7th November 2019.
Interviews/assessments are likely to be held w/c 18th November 2019.
Interview location to be confirmed.
We will try to meet the dates set out in the advert. There may be occasions when these dates will change. You will be provided with sufficient notice of the confirmed dates.
The selection process will be designed specifically for the role. As a result, your assessment could include:
• an interview
• an interview with one or more exercises
• a full day of activities including interactive, written and timed exercises
The Department for Transport alongside other Government Departments recruit using Success Profiles. This means for each role we consider what you will need to demonstrate in order to be successful. This gives us the best possible chance of finding the right person for the job, drives up performance and improves diversity and inclusivity. For further information on Success Profiles please click here
Your interview may consist of a range of question types. These may include questions about:
• what energises and motivates you
• how you would manage situations relevant to the role
• your previous experience
• your professional skills and knowledge
You’re encouraged to become familiar with the role profile, as you may be assessed against any of the criteria recorded within.
We have adopted anonymised recruitment. This means that your name, date of birth and other personal details will not be seen by the sift panel.
We may hold a merit list for up to twelve months. During this time, if a similar role is identified and you have been placed on the merit list you may be considered for the post. Within the merit list period, your application form and selection information may be shared across the department and its agencies.
Please see attached candidate notes for further information about our recruitment process.
If successful and transferring from another Government Department a criminal record check maybe carried out.
New entrants are expected to join on the minimum of the pay band.
If a person with disabilities is put at a substantial disadvantage compared to a non-disabled person, we have a duty to make reasonable changes to our processes.
If you need a change to be made so that you can make your application, you should:
Contact Government Recruitment Service via email@example.com as soon as possible before the closing date to discuss your needs Complete the “Assistance required” section in the “Additional requirements” page of your application form to tell us what changes or help you might need further on in the recruitment process. For instance, you may need wheelchair access at interview, or if you’re deaf, a Language Service Professional.
Any move to the Department for Transport will mean you will no longer be able to carry on claiming childcare vouchers.
Feedback will only be provided if you attend an interview or assessment.
Working for the Civil Service
The Civil Service Code sets out the standards of behaviour expected of civil servants.
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles.
The Civil Service embraces diversity and promotes equality of opportunity. There is a guaranteed interview scheme (GIS) for candidates with disabilities who meet the minimum selection criteria.
Apply and further information
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.
Contact point for applicants Job contact : Name : Robert Hart Email : Robert.Hart@dft.gov.uk Recruitment team : Email : firstname.lastname@example.org Further information
If you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint, in the first instance, you should contact Government Recruitment Services via email: email@example.com If you are not satisfied with the response you receive from the Department, you can contact the Civil Service Commission: Click here (https://civilservicecommission.independent.gov.uk/) to visit Civil Service Commission