Finance Director

Location
London (Central), London (Greater)
Salary
SB2 - £87,000 - £124,845
Posted
31 May 2017
Closes
01 Jul 2017
Contract Type
Permanent
Hours
Full Time

The House of Lords is the second chamber of the UK Parliament with approximately 800 Members. It is independent from, and complements the work of, the elected House of Commons. The Lords has three main roles: helping to make laws; in-depth consideration of public policy; and scrutinising government. Most Members of the Lords are not paid a salary, but are paid an allowance and travel expenses.    

The House of Lords Administration employs around 600 full and part-time staff, providing the administrative and logistical support for the House of Lords to work as an effective second chamber of Parliament. For more information please see the parliamentary website. Corporate publications of the House of Lords are available online.

Strategic direction is provided by the House of Lords Commission, which is supported on financial matters by the Finance Committee. The Administration itself is led by the Clerk of the Parliaments who is Chief Executive and Accounting Officer, and who chairs the House of Lords Management Board. The annual resource and capital expenditure of the House is in the region of £150m.   

The Finance Department has 46 staff and covers Members’ expenses, financial accounting, management accounting, resource and capital accounting, payments and staff payroll. The Parliamentary Procurement and Commercial Service, a bicameral office responsible for procurement and contract management support for the House of Commons, the House of Lords and the Parliamentary Digital Service, sits within the House of Lords Finance Department and reports to the Director of Finance.    

The House of Lords Administration and the House of Commons Service work collaboratively and many services are delivered bicamerally. This includes management of the Parliamentary Estate and work on the Renewal and Restoration of the Palace of Westminster. 

The Director of Finance, a member of the House of Lords Management Board, supports the Clerk of the Parliaments in his capacity as Accounting Officer. The post is responsible for the House’s budget and accounts, and is accountable for effective financial management across the House of Lords Administration. It is responsible for financial support for members of the House of Lords and for providing a procurement and commercial service to both Houses.   

The role of the Finance Director in the public sector is defined in HM Treasury document  Managing Public Money, Annex 4.1.

More information on the role can be found in the vacancy notice