At a Glance
- Tasks: Lead the Financial Accounting Team, ensuring financial integrity and compliance.
- Company: Join DVSA, a key player in road safety across Great Britain.
- Benefits: Enjoy flexible working, generous leave, and excellent learning opportunities.
- Why this job: Shape the future of finance in a vital government agency with a positive social impact.
- Qualifications: Must be CCAB or CIMA qualified with experience in financial accounting.
- Other info: Work with senior leaders and influence financial strategies in a large organisation.
The predicted salary is between 50000 - 67000 £ per year.
This position is to lead the Financial Accounting Team of the Driver and Vehicle Standards Agency (DVSA). This specialist team sits at the heart of Finance. The team is responsible for the integrity of the finance systems, statutory reporting and managing the balance sheet including fixed assets.
This is a key position offering an opportunity to shape how the team operates and influence its future direction. Applicants must be CCAB, CIMA qualified (or equivalent) with an excellent track record of delivery in large and complex organisations. You will enjoy collaborating and working with a broad range of stakeholders.
DVSA is a large, complex government organisation responsible for road safety. It operates across Great Britain generating annual income of around £450m and employing c4,600 people.
The Head of Financial Accounting is responsible for ensuring effective financial stewardship of DVSA. This includes compliance with financial standards and best practice, delivery of the Annual Report and Accounts, managing the annual audit and delivering an unqualified audit opinion.
The position directly leads a team of 5 colleagues, also providing influence and direction to the whole of the Finance department on matters of financial accounting. It provides expertise in financial accounting and has exposure to senior leaders as well as external stakeholders. The position works with managers and leaders across the Agency supporting front-line delivery and decision making.
ResponsibilitiesThe main duties and responsibilities of the role include, but are not limited to:
- Contributing to the achievement of the DVSA strategy by ensuring that the organisation has robust systems of internal control, is financially sustainable meeting its financial objectives while realising value for money.
- Provide assurance to the Accounting Officer as to the propriety and regularity of all income and expenditure, assets, liabilities and reserves and ensure the accuracy and integrity of DVSA’s financial accounts and accounting procedures.
- Production of accurate and timely financial reporting including the published Annual Report and Accounts.
You will be a fully qualified CCAB, CIMA Accountant (or equivalent) with excellent knowledge and experience of financial accounting. You will have great communicating and influencing skills and able to deliver complex finance messages to a broad range of stakeholders. You will have extensive experience of working with statutory reporting frameworks (such as UK GAAP, IFRS etc.) and delivering Annual Report and Accounts, or equivalent. You are proactive with a strong record of delivery. You will have experience of leading financial activities in a large and complex organisation. You will have the confidence and enthusiasm to make a real impact within their team driving those around you to achieve the same shared objectives.
About ThemThe Driver and Vehicle Standards Agency (DVSA) helps keep Britain moving, safely and sustainably. They do this by helping people through a lifetime of safe and sustainable journeys, helping them keep their vehicles safe to drive, and protecting them from unsafe drivers and vehicles. They’re working hard to:
- make roads safer
- improve services for their customers
- make road transport greener and healthier
- harness the potential of technology and data
- grow and level up the economy
An environment with flexible working options where they encourage a great work-life balance. Generous Annual Leave - 25 days holiday, increasing by 1 each year of service, up to 30. 8 Bank Holidays plus an additional Privilege Day to mark the King’s birthday. Latest IT and Tech devices. A culture encouraging inclusion and diversity with a range of staff communities to support all their colleagues. Excellent learning and development tailored to your role including paid apprenticeships up to Masters level. Wide range of discounts schemes on high street names. Employee assistance programme for health and wellbeing. Cycle to work scheme and Gym membership offers.
To ApplyIf you feel you are a suitable candidate and would like to work for the DVSA, please click apply to be redirected to their website to complete your application.
Head of Financial Accounting employer: DVSA
Contact Detail:
DVSA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Financial Accounting
✨Tip Number 1
Familiarise yourself with the DVSA's mission and values. Understanding their focus on road safety and sustainability will help you align your responses during interviews, showcasing how your experience can contribute to their goals.
✨Tip Number 2
Network with current or former employees of the DVSA. Engaging with them can provide insights into the organisational culture and expectations, which can be invaluable when preparing for interviews.
✨Tip Number 3
Prepare to discuss your experience with statutory reporting frameworks like UK GAAP and IFRS. Be ready to share specific examples of how you've successfully navigated these frameworks in previous roles.
✨Tip Number 4
Highlight your leadership skills and experiences. Since this role involves leading a team, be prepared to discuss how you've motivated and guided teams in the past to achieve shared objectives.
We think you need these skills to ace Head of Financial Accounting
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Head of Financial Accounting position. Make sure you understand the responsibilities and requirements, especially the need for CCAB or CIMA qualifications and experience in financial accounting.
Tailor Your CV: Customise your CV to highlight relevant experience in financial accounting, statutory reporting, and leadership within large organisations. Use specific examples that demonstrate your track record of delivery and collaboration with stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the DVSA's mission. Emphasise your qualifications, experience with financial standards, and how you can contribute to the DVSA's objectives. Be sure to convey your enthusiasm for making an impact.
Proofread and Edit: Before submitting your application, carefully proofread your CV and cover letter for any errors or typos. Ensure that your documents are clear, concise, and professionally formatted to make a strong impression.
How to prepare for a job interview at DVSA
✨Showcase Your Qualifications
As a CCAB or CIMA qualified accountant, make sure to highlight your qualifications and any relevant experience in financial accounting. Be prepared to discuss how your background aligns with the responsibilities of the Head of Financial Accounting role.
✨Demonstrate Leadership Skills
Since this position involves leading a team, be ready to share examples of your leadership style and how you've successfully managed teams in the past. Discuss how you motivate and influence others to achieve shared objectives.
✨Understand DVSA's Mission
Familiarise yourself with the DVSA's goals and values. During the interview, express your enthusiasm for their mission to improve road safety and how your expertise can contribute to achieving their strategic objectives.
✨Prepare for Technical Questions
Expect questions related to statutory reporting frameworks like UK GAAP and IFRS. Brush up on these topics and be ready to discuss your experience with financial reporting, audits, and ensuring compliance with financial standards.