At a Glance
- Tasks: Lead financial control and ensure compliance with accounting standards at the CMA.
- Company: Join the CMA, a key player in promoting competitive markets and consumer protection.
- Benefits: Flexible working, inclusive culture, and opportunities for professional growth.
- Other info: Diverse workplace committed to inclusivity and career development.
- Why this job: Make a real impact on financial governance in a dynamic and digital environment.
- Qualifications: Strong financial expertise and leadership skills required.
The Competition and Markets Authority (CMA) is seeking an Assistant Director, Financial Control to provide senior technical leadership for Financial Accounts at the CMA, ensuring robust statutory reporting, compliance with accounting standards, and effective financial controls.
About the CMA: We help people, businesses, and the UK economy by promoting competitive markets and tackling unfair behaviour. Our work is wide ranging, ambitious and often new and challenging. It’s a fascinating time to be at the heart of competition and consumer protection as our lives become increasingly digital and society grapples with the unique power of large technology firms. We are fully committed to being a flexible, respectful and inclusive employer. It is a priority to make our workforce as diverse as possible, and we welcome applications from under-represented groups.
The Assistant Director, Financial Control is a key leadership role within CMA’s finance team. Working collaboratively with the Assistant Finance Director (Strategic Finance) and other Grade 6 leaders, the Assistant Director, Financial Control supports the Director of Finance, Risk, and Business Reporting by ensuring that financial accounting is integrated with business reporting, risk management, and performance frameworks to support evidence-based decision making.
The role contributes to embedding financial accountability across the CMA, supporting the business partnering approach by ensuring robust financial controls and statutory reporting underpin the finance function's strategic advisory role. This role owns delivery of the Resource Accounts & Trust Statement, manages the relationship with the National Audit Office (NAO) on financial audit, and provides authoritative assurance to the Audit and Risk Assurance Committee (ARAC) and the Board on complex accounting matters including digital markets competition regime levy (SMS Levy), International Financial Reporting Standards (IFRS) 16, asset revaluations and Task Force on Climate-related Financial Disclosures (TCFD) disclosures.
By leading Business Process and Systems Improvement (BPSI) workstreams for financial systems improvements and ensuring the quality of the Financial Accounts team, this role strengthens financial governance and enables the finance function to provide leadership insights into CMA’s strategic priorities.
For full role responsibilities, please review the attached role profile.
To find out more about this role and the CMA please join our drop in session on MS Teams on Friday 5th June from 10.00 - 10:30 am.
Assistant Director, Financial Control employer: COMPETITION & MARKETS AUTHORITY
The Competition and Markets Authority (CMA) is an exceptional employer, offering a dynamic work environment where employees are empowered to make a real impact on competition and consumer protection in the UK. With a strong commitment to diversity and inclusion, the CMA fosters a collaborative culture that encourages professional growth and development, ensuring that every team member can thrive while contributing to meaningful initiatives in an increasingly digital landscape.
Contact Details:
COMPETITION & MARKETS AUTHORITY Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Director, Financial Control
✨Tip Number 1
Network like a pro! Reach out to current or former CMA employees on LinkedIn. A friendly chat can give us insider info and maybe even a referral.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research CMA’s recent projects and challenges in financial control. We want to show that we’re not just interested, but genuinely invested in their mission.
✨Tip Number 3
Practice makes perfect! Get a mate to do mock interviews with you. This helps us articulate our experience and skills clearly, especially around financial governance and compliance.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets seen. Plus, it shows we’re serious about joining the CMA team.
We think you need these skills to ace Assistant Director, Financial Control
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight how your experience aligns with the Assistant Director, Financial Control role. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Leadership Skills:As this is a senior role, it's crucial to demonstrate your leadership capabilities. Share specific examples of how you've led teams or projects in the past, especially in financial contexts, to give us a clear picture of your potential impact.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key achievements stand out. This will help us quickly see why you're a great fit for the position.
Apply Through Our Website:We encourage you to submit your application through our website. This ensures that your application is processed correctly and allows us to keep track of all candidates efficiently. Plus, it’s super easy!
How to prepare for a job interview at COMPETITION & MARKETS AUTHORITY
✨Know Your Financial Standards
Make sure you brush up on the latest International Financial Reporting Standards (IFRS) and any relevant statutory reporting requirements. Being able to discuss these confidently will show that you're not just familiar with the basics, but that you’re ready to lead in this area.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully led teams or projects in the past. The CMA is looking for someone who can provide senior technical leadership, so be ready to discuss your approach to managing teams and driving financial accountability.
✨Understand the CMA's Mission
Familiarise yourself with the CMA’s role in promoting competitive markets and tackling unfair behaviour. Being able to articulate how your skills align with their mission will demonstrate your genuine interest in the position and the organisation.
✨Prepare for Technical Questions
Expect to face questions about complex accounting matters, such as asset revaluations and climate-related financial disclosures. Practising your responses to these topics will help you feel more confident and articulate during the interview.