Senior Financial Accountant - HM Treasury

Location
City of Westminster, London (Greater)
Salary
£56,000 - £64,498
Posted
27 Mar 2018
Closes
20 Apr 2018
Ref
TS - HMT02
Contract Type
Permanent
Hours
Full Time

Grade 7 Senior Financial Accountant - HM Treasury

Salary: £49,000 - £64,498 + £7000 Accountancy Allowance

This is an exciting time to join a high-profile & hugely important government department.  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.

Key Responsibilities:

Annual Report and Accounts

Play a senior role in assisting with the preparation of the Treasury’s Annual Report and Accounts and Whole of Government Accounts return, involving the consolidation of the department’s agencies, NDPBs and new bodies, including the consolidation of UK Asset Resolution (Bradford & Bingley and NRAM).

 Negotiate with external auditors over the completion of the accounts audit and accounting for new schemes.

 

Reporting

5. Deliver financial information, internally and externally, including developing, monitoring and progressing appropriate mechanisms for capturing data and reporting to the Executive Management Board and others as required.

Governance

Assist with team leadership on governance matters likely to affect overall assurance of the Treasury Group accounts for the Principal Accounting Officer.

Provide support and advice to Finance and HM Treasury Policy colleagues over the governance requirements of consolidating group bodies, including Accounting Officer appointments.

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, and acting as a finance representative on steering boards for the most significant projects.

Liaise with policy teams and advise on the financial implications of new policies and initiatives on the department, including financial negotiations on financial stability interventions.

Assess and provide information to senior management on the department’s financial exposures, contributing to the wider risk management of financial stability interventions.

Advise on the financial implications of implementing new policies, including changes to the financial structure of the Treasury group and financial operational requirements.

Management Responsibilities

Direct line management of one/two staff to assist in production of the Resource Accounts and other work to support the Finance team, including ensuring sufficient development opportunities are provided to those staff.

Requirements:

  • Fully Qualified (CCAM) Accountant
  • 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.

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