At a Glance
- Tasks: Shape financial strategies and manage departmental resources to meet government priorities.
- Company: Join a dynamic department at the heart of decision-making in government finance.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with exposure to high-level stakeholders.
- Why this job: Make a real impact on public finance and engage with senior leaders.
- Qualifications: Experience in finance management and strong analytical skills required.
The predicted salary is between 55000 - 65000 € per year.
Strategic Finance sits at the heart of departmental decision making. The team works across the policy, finance and other corporate communities. Strategic finance advises the Secretary of State and Permanent Secretary on the department's financial position and the policy and operational choices open to them in order to manage it. We own the institutional relationship with HMT, engaging frequently with our HMT spending team. Working with strategy, policy and HR teams we lead fiscal events including Spending Reviews and the Budget and manage the department's annual and medium term financial planning. This work ensures that the Department's resources are best targeted at delivering the Government's priorities, utilising budgets in an agile and timely manner.
DCMS Strategic Finance have three Strategic Finance Managers, who work flexibly across the Department to support business areas and deliver key processes, including:
- Spending Reviews and fiscal event planning.
- Medium-Term Financial Planning.
- Annual Business Planning.
- In-year financial management including reprioritisation exercises.
- Providing expert advice to teams on Strategic Finance issues, ensuring alignment to Managing Public Money and wider Government Finance guidance.
- Coordinating and leading engagement with HM Treasury on financial issues.
This is an exciting opportunity to shape the Department's Medium-Term Financial Strategy, creating the guidelines and developing the processes which will enable the best targeting of DCMS resources to deliver its priorities. The role will receive significant exposure to Senior Leadership including the Executive Board and the Delivery and Risk Committee, as well as Ministerial Engagement.
Our Strategic Finance Managers provide strategic advice and analysis on financial impact, performance and risk to senior stakeholders and through this contribute to the strategic direction of the Department and its 43 Public Bodies. This includes evaluation of the controls in place to ensure compliance with key governance documents, and continuous improvement of the supporting processes. The role will work broadly across the Department, with close working with colleagues in Corporate Strategy, HR and Analysis on Fiscal Events. It will also lead day-to-day engagement with HM Treasury on issues of delegated authorities, as well as playing a coordinating role at fiscal events.
EEO Statement Disability Confident: A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
Strategic Finance Manager in City of Westminster employer: Department for Culture, Media and Sport
As a Strategic Finance Manager within the Department for Digital, Culture, Media and Sport (DCMS), you will be part of a dynamic team that plays a crucial role in shaping financial strategies that align with government priorities. Our inclusive work culture fosters collaboration and innovation, providing ample opportunities for professional growth and development while engaging directly with senior leadership and key stakeholders. Located in a vibrant environment, this role offers the chance to make a meaningful impact on public finance management and contribute to the delivery of essential services across the UK.
Contact Detail:
Department for Culture, Media and Sport Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Finance Manager in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to people in the Strategic Finance field, especially those who work at DCMS or similar organisations. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for your interviews by brushing up on current financial policies and trends. Show that you’re not just a numbers person but also understand the bigger picture of how finance impacts government priorities.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you ace your application and connect with the right people. Plus, it shows you’re genuinely interested in being part of our team.
We think you need these skills to ace Strategic Finance Manager in City of Westminster
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in strategic finance. We want to see how your skills align with the responsibilities mentioned in the job description, so don’t hold back on showcasing your relevant achievements!
Showcase Your Analytical Skills:As a Strategic Finance Manager, you'll need to provide expert advice and analysis. Use your application to demonstrate your analytical prowess—include examples of how you've tackled financial challenges or contributed to fiscal planning in previous roles.
Be Clear and Concise:We appreciate clarity! When writing your application, keep your language straightforward and to the point. Avoid jargon unless it’s relevant, and make sure your key points stand out. This will help us quickly see why you’re a great fit for the role.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Department for Culture, Media and Sport
✨Know Your Numbers
As a Strategic Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and frameworks relevant to the role. Be prepared to discuss how you would approach medium-term financial planning and fiscal event management.
✨Understand the Bigger Picture
Familiarise yourself with the Department's priorities and how strategic finance aligns with them. Show that you can think beyond numbers by discussing how financial decisions impact policy and operational choices. This will highlight your ability to contribute to the department's strategic direction.
✨Engage with Stakeholders
Since this role involves significant interaction with senior leadership and HM Treasury, practice articulating your ideas clearly and confidently. Prepare examples of how you've successfully engaged with stakeholders in the past, especially in high-pressure situations like Spending Reviews.
✨Showcase Your Problem-Solving Skills
Be ready to discuss specific challenges you've faced in financial management and how you overcame them. Highlight your experience with in-year financial management and reprioritisation exercises, as these are crucial for the role. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
