At a Glance
- Tasks: Lead transport budget management and support strategic spending decisions.
- Company: Join HM Treasury's dynamic Transport Spending team in Darlington.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Other info: Be part of a supportive team committed to diversity and inclusion.
- Why this job: Make a real impact on transport policy and economic growth.
- Qualifications: Strong analytical skills and ability to build relationships.
The predicted salary is between 43090 - 48310 € per year.
Salary: National: £43,090 - £48,310. (If the successful candidate is a current Civil Servant joining on level transfer, HM Treasury will honour their current substantive salary if higher.)
Contract Type: Permanent
Working Pattern: This post is available on a full time, part time or job share basis, and flexible working hours can be accommodated.
Location: Darlington (Feethams House)
Join us as a Deputy Transport Spending Principal and play a pivotal role in working across HM Treasury and with Department for Transport (DfT) to help implement the recent Spending Review settlement, and to prepare for and help deliver the next Spending Review due to take place next year.
About the Team
The Transport Spending team is a friendly, energetic, and supportive team! We are responsible for managing the Treasury’s interests in transport policy. We do this both as a finance ministry, managing costs and making sure our spending on transport delivers good value for taxpayers; and as the UK’s economics ministry, ensuring that our infrastructure investments contribute to a strong and growing economy. We are outward-looking to the Department for Transport (DfT), which has one of the biggest capital budgets in Government. We have a strong commitment to diversity and inclusion, welcoming those with varied background experience. We are fully committed to developing our team members and helping them grow.
About the Job
The role sits in the Spending and Strategy Branch of the Transport Spending Team, which is comprised of a branch head (Grade 6), two senior advisors (Grade 7) and one policy advisor (SEO) (this post). Key responsibilities include handling DfT’s overall budget (c. £30bn on annual spending), leading the wider spending team through fiscal events and Spending Reviews, and holding DfT to account for implementing policies to reduce carbon emissions from transport that represent best value for the taxpayer. The Treasury cares about transport spending from an economic and financial perspective – how will it contribute to economic growth and productivity? Is this spending affordable and being spent well? The branch acts as the voice of the taxpayer in assessing the value for money and affordability of DfT’s spending.
This is an exciting time to join the team – you will play a pivotal role in working across HM Treasury and with DfT to help implement the recent Spending Review settlement, and to prepare for and help deliver the next Spending Review due to take place next year. You will build networks across HMT as well as develop positive relationships with DfT to find common positions and broker agreements.
Key accountabilities of the post include:
- Leading the monitoring of DfT’s in-year budget position. We have just set DfT’s budget for the next three years on Resource and five years on Capital at the recent Spending Review. You will now support the implementation of this budget through leading the monitoring of DfT’s in-year budget position. This involves analysing DfT’s spending data on a monthly basis, identifying and helping to respond to emerging spending risks, and advising senior officials and ministers on in-year spending issues.
- The role leads on the bi-annual Estimates process, working closely with other HM Treasury teams and DfT’s strategic finance team.
- Supporting the wider branch to develop HMT’s approach and strategy on transport spending, including at Spending Reviews and fiscal events. As part of the team’s central spending and strategy branch, you will support the Spending Principal to develop a team wide position on how to prioritise transport spending. At Spending Reviews and fiscal events, this will involve reviewing and scrutinising DfT’s bids and helping to guide the rest of the spending team through challenging negotiations.
- Coordinating input from across the team to prepare succinct and clear briefings and advice for ministers and senior officials. This will require communicating complex issues clearly in writing and verbally, tailoring your communication style to suit the intended audience.
- Lead on discrete policy areas. Alongside the core spending element, you will have responsibility for HMT’s oversight of policy and spending for DfT’s Motoring Agencies (i.e. DVSA, DVLA). This will include advising ministers on strategic policy issues, scrutinising business cases, and building strong relationships with key stakeholders in DfT and the agencies. You will also have opportunities to lead on wider cross cutting transport policy issues.
- Leading HM Treasury’s relationship with the Office of Rail and Road (a non-ministerial department). You will independently own and maintain strong relationships with senior finance officials in the ORR, leading advice for HM Treasury ministers to help set and monitor their budgets.
About You
We're looking for people who can use evidence and knowledge to support accurate, expert decisions and advice. You will need to have the ability to build and maintain strong relationships across a range of stakeholders, and we want you to be able to prioritise and reassess workloads to address both short-term issues and long-term objectives.
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant).
- Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, condensed hours).
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 28%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
For more information about the role and how to apply, please follow the apply link.
Deputy Transport Spending Principal in Durham employer: HM TREASURY-1
HM Treasury is an exceptional employer, offering a supportive and inclusive work culture in Darlington, where employees can thrive in their careers while contributing to vital transport policy decisions. With flexible working arrangements, generous leave entitlements, and a strong commitment to professional development, team members are empowered to grow and make a meaningful impact on the UK's economic landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Transport Spending Principal in Durham
✨Tip Number 1
Network like a pro! Reach out to current or former employees at HM Treasury and the Department for Transport. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of transport policy and budget management. Show us you’re not just a candidate, but someone who’s genuinely interested in making a difference in transport spending.
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex issues clearly, so try explaining transport spending concepts to a friend. If they get it, you’re on the right track!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Deputy Transport Spending Principal in Durham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application to highlight how your skills and experiences align with the role of Deputy Transport Spending Principal. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Communication Skills:Since this role involves communicating complex issues clearly, be sure to demonstrate your writing skills in your application. Keep it concise and clear, just like you would when preparing briefings for ministers.
Highlight Your Relationship-Building Abilities:We value strong relationships across various stakeholders. In your application, share examples of how you've successfully built and maintained relationships in previous roles, especially in finance or policy settings.
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 this exciting opportunity with HM Treasury.
How to prepare for a job interview at HM TREASURY-1
✨Know Your Numbers
As a Deputy Transport Spending Principal, you'll be dealing with significant budgets. Brush up on your financial acumen and be ready to discuss how you would analyse and manage a budget like DfT’s £30bn. Prepare examples of how you've handled budgets in the past.
✨Understand the Bigger Picture
Familiarise yourself with current transport policies and recent Spending Reviews. Be prepared to discuss how transport spending impacts economic growth and productivity. Showing that you understand the broader implications of your role will impress the interviewers.
✨Build Relationships
This role requires strong stakeholder management skills. Think about how you can demonstrate your ability to build and maintain relationships with various stakeholders. Have examples ready where you've successfully collaborated with others to achieve common goals.
✨Communicate Clearly
You'll need to convey complex information succinctly. Practice explaining intricate financial concepts in simple terms. During the interview, focus on tailoring your communication style to suit the audience, whether it’s senior officials or ministers.
