At a Glance
- Tasks: Lead financial reporting and ensure transparency in UK public sector finances.
- Company: Join the HM Treasury team, shaping government finance.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Other info: Collaborative environment with opportunities for personal and professional growth.
- Why this job: Make a real impact on public financial management and accountability.
- Qualifications: Senior-level financial reporting experience and a professional qualification required.
The predicted salary is between 86000 - 86000 £ per year.
Salary: £86,000. 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 Director in the heart of government finance. Are you a strong leader with strong technical financial expertise, excellent judgement and the ability to influence across complex organisations? If so, then we want to hear from you!
About the Team
The Government Financial Reporting team sits within the Public Spending Group and is responsible for setting rules for budget management and the accounting framework and reporting to the public and Parliament on public spending. Its work encompasses:
- Whole of Government Accounts consolidates the audited accounts of over 8,000 organisations across the public sector in order to produce a uniquely comprehensive, accounts-based picture of the financial position of the UK public sector.
- Supply Estimates through which Government seeks Parliament’s authority for its spending plans and without such authority very little public expenditure could take place.
- Public Expenditure Statistical Analyses (PESA) which bring together outturn data on government spending, estimates for the latest year, and spending plans for the rest of the spending review period.
- Country and Regional Analysis which are statistical estimates for the allocation of identifiable expenditure between the UK countries and English regions.
- Financial reporting policy to set the accounting standards for Government and ensure that the accounting framework effectively supports the reporting of the public finances and departmental performance to Parliament.
- Consolidated Budgeting Guidance which sets the budgeting framework that applies for expenditure control across Government.
- Advice on National Accounts classifications of organisations and transactions to determine their impact on the public finances.
- Providing expert advice and supporting capability across the Treasury and wider finance community.
- Setting the sustainability reporting requirements for Annual Reports and Accounts, working in close collaboration with other policy teams in the Treasury, the Department for Environment, Food, and Rural Affairs, and the Department for Business, Energy and Industrial Strategy.
About the Job
This is a varied and influential leadership role at the heart of government finance, responsible for ensuring the effective reporting, transparency and accountability of the UK's public sector finances. Leading work across financial reporting policy, Whole of Government Accounts, parliamentary reporting and public expenditure analysis, the postholder will work closely with senior leaders across government and beyond to provide high-quality financial insight, support decision-making and drive continuous improvement across the government finance system. The role would suit a leader with strong technical financial expertise, excellent judgement and the ability to influence across complex organisations, helping to strengthen financial management, transparency and trust in the stewardship of public money.
Your core responsibilities will include:
- Build, develop and empower a high-quality team of specialist and generalist staff to provide authoritative advice and support to Treasury teams, Ministers and departments in a way that is simple, practical and cuts through complex issues.
- Play an active role in the wider leadership of the Public Spending Group, the corporate leadership of Treasury, and the Government Finance Function. Help to craft and deliver the broader agenda for the Group’s and the Government Finance Function.
- Oversee delivery of Whole of Government Accounts (WGA) and provide support to the Director General, Public Spending, to enable them to sign off the accounts as Accounting Officer. Support the WGA recovery strategy to return the publication to pre-COVID timescales and continue to develop the product to meet the needs of users.
- Set and maintain high standards for central government financial reporting and budgeting, through the Financial Reporting Manual and the Consolidated Budgeting Guidance.
- Support departments in implementing recommended practice in financial reporting and sustainability reporting by working with the Financial Reporting Advisory Board (FRAB) and its sub committees to drive high quality, timely financial and non-financial reporting.
- As a member of FRAB, influence the international developments in accounting standards and contribute to maintaining the UK’s profile as an international leader in public financial management.
- Work with stakeholders across government to help resolve current financial reporting policy challenges such as local government accounts and audit, and the reporting of Further Education Colleges and Academies.
- Oversee the delivery of Mains and Supplementary Estimates, a focus on timeliness and quality and through collaboration with spending teams responsible for allocating and monitoring departmental budgets.
- Oversee the delivery of key statistical publications, for example Public Expenditure Statistics Analyses and Country and Regional Analysis, to required standards of timeliness and quality, particularly ensuring that political sensitivities are recognised and handled appropriately, in collaboration with teams across Treasury.
- Oversee the Treasury’s management of fiscal risk arising from national accounts classification changes, including leading the review of classification risk for material organisations and transactions.
About You
We would like you to have strong leadership skills to support change across complex systems and a willingness to develop and deliver new ways of working. We want you to have experience of leading projects to deliver complex financial outputs in a timely fashion. As well as having a strong ability to advise and influence senior decision makers. We also require you to have significant technical accounting experience of financial management and reporting in the public sector, including understanding of significant developments in financial reporting and able to demonstrate a strong technical understanding of accounts preparation.
Required Qualifications:
The role requires significant experience of financial reporting at a senior level. A professional financial qualification (CCAB, CIMA or equivalent) is required.
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 Director Government Financial Reporting in Darlington employer: HM TREASURY
HM Treasury is an exceptional employer, offering a dynamic work environment in Darlington where policy advisers can thrive. With a strong emphasis on personal development, flexible working arrangements, and generous benefits including a defined benefit pension scheme and extensive leave options, employees are encouraged to engage in meaningful projects that enhance their expertise and contribute to the UK's financial market innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Director Government Financial Reporting in Darlington
✨Dive into Local Government Events
Get yourself to local government events and public sector job fairs. These are great for meeting recruiters and understanding what different organisations, like HM TREASURY, are looking for. Plus, it shows your genuine interest in the sector!
✨Join Relevant Networks
Look for communities focused on public sector careers. Whether it’s local networking groups or online forums, connecting with professionals in the field can provide insider knowledge and opportunities that you won’t find on typical job boards.
✨Utilise Your University’s Resources
If you’re freshly graduated or still studying, make the most of your university's careers service. They often have exclusive partnerships with companies like HM TREASURY and can help you get your foot in the door for these full-time public sector roles.
✨Stay Updated with Government Initiatives
Keep your finger on the pulse regarding new government projects and policies. Understanding current initiatives can give you a leg up in interviews, showing that you are informed and genuinely interested in making a difference in the public sector.
We think you need these skills to ace Deputy Director Government Financial Reporting in Darlington
Some tips for your application 🫡
Highlight Relevant Experience:In the public sector, having experience in community engagement, policy analysis, or project management stands out. Make sure to showcase any previous roles or volunteer work that reflects your understanding of public service values and how they've shaped your career path.
Showcase Your Knowledge of the Sector:When you’re applying for a government role, it’s crucial to demonstrate your understanding of the current political landscape and public policies. Consider including articles you've written or relevant projects that underline your capability to engage with these concepts effectively.
Tailor Your CV to Reflect Core Competencies:Government positions often require a clear demonstration of competencies such as communication, teamwork, and problem-solving. Try to structure your CV to highlight these skills, using specific examples of how you’ve applied them in past experiences, ideally with quantifiable outcomes where possible.
Craft a Compelling Cover Letter:Your cover letter is your chance to tell your story and convey your passion for public service. Discuss why you want to work for HM TREASURY and how your values align with their mission. Be genuine and let your enthusiasm shine through—this can really set you apart from other candidates.
How to prepare for a job interview at HM TREASURY
✨Get to Know Public Sector Values
Before your interview with HM TREASURY, dig deep into their mission and values, especially how they align with public service and community impact. Understand the key policies or initiatives they are involved in – you’ll want to show that you genuinely care about serving the community.
✨Brush Up on Regulatory Knowledge
Brush up on the regulations, laws, and compliance standards relevant to the role you’re applying for. Since this is the government and public sector, they might throw technical questions related to policy frameworks or project management best practices that you'll need to navigate day-to-day.
✨Highlight Teamwork and Collaboration
The government sector thrives on collaboration. Be ready to discuss how you've successfully worked in diverse teams or involved stakeholders in your projects. Show us how you bring people together to get a common goal achieved – that's what public service is all about!
✨Prepare Real-Life Examples
Craft a few STAR (Situation, Task, Action, Result) stories that demonstrate your experience in similar roles. Whether it’s a project that made a difference in the community or a challenging situation you managed, be ready to express how your skills and experiences make you a valuable asset for HM TREASURY.
