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For Companies At a Glance
- Tasks: Lead financial improvements and manage budgets for impactful government projects.
- Company: Join a team dedicated to enhancing the environment through effective financial management.
- Benefits: Competitive pay of up to £375/day with potential for extension.
- Why this job: Make a real difference while collaborating with senior leaders in government finance.
- Qualifications: Must be a qualified accounting professional with extensive government finance experience.
- Other info: This role is inside IR35 and offers a chance to influence key financial outcomes.
The predicted salary is between 60000 - 84000 £ per year.
Job Description
Senior Finance Officer
Location: London
Salary: Up to £375/day Inside IR35
Duration: 3 months initial, highly likely to extend
The Opportunity
We are seeking a highly skilled Senior Finance Officer to join a team that is working on making the environment a better place for us all. This pivotal role offers the opportunity to support and lead continuous improvement activities aimed at enhancing internal financial processes and modelling, to achieve outcomes defined by the Head of Finance. You will work with senior colleagues to deliver key financial activities and support high-level government initiatives, including the Spending Review.
As a Senior Finance Officer, you will play a crucial role in managing day-to-day budgets, forecasting financial requirements, and tracking the whole life costs of projects. You will work collaboratively with HR leads, senior directors, and project teams to ensure resource planning aligns with financial forecasts and business plans.
Key Responsibilities
- Lead and support continuous improvement initiatives to enhance internal financial processes and modelling.
- Collaborate with colleagues to define and achieve key financial outcomes.
- Contribute to the Spending Review process and support management of day-to-day budgets.
- Work with HR leads to ensure financial forecasts are aligned with resource plans.
- Oversee the management and allocation of R&W budgets and contribute to business planning activities.
- Track and manage the whole life costs for each project, ensuring alignment with financial expectations.
- Support the preparation of business cases for key projects.
- Contribute to the financial reporting including quarterly and monthly reporting.
- Provide essential support for annual financial business planning and forecasting processes across central government.
- Assist in the closure of annual accounts and ensure compliance with financial regulations and reporting standards.
- Provide ongoing support, guidance, and advice to directorates and project leads on financial matters.
Essential Experience and Skills
- Extensive experience in a central government finance role, with a strong understanding of financial reporting standards.
- Proven experience in the development and implementation of cashflow and sensitivity models.
- Experience with the implementation of new grant schemes in central government.
- Advanced skills in managing and analysing data from multiple sources, with proficiency in Microsoft products to automate processes and improve efficiency.
- Strong experience in maintaining a complex balance sheet, ensuring robust controls, and managing reconciliations.
- Ability to develop effective working relationships across various teams in UK Government and with external stakeholders.
Qualifications
- Fully qualified accounting professional (e.g., ACA, ACCA, CIMA), or equivalent qualification with relevant and recent experience.
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Senior Finance Officer (Central Gov) employer: People Source Consulting Ltd
Contact Detail:
People Source Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Officer (Central Gov)
✨Tip Number 1
Familiarize yourself with the key financial processes and reporting standards specific to central government. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals who have experience in central government finance roles. Engaging with them can provide insights into the nuances of the job and may even lead to referrals.
✨Tip Number 3
Stay updated on current government initiatives and financial policies. This knowledge will allow you to speak confidently about how you can contribute to ongoing projects during your discussions with us.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you've successfully managed budgets or improved financial processes. Concrete examples will help illustrate your capabilities and fit for the role.
We think you need these skills to ace Senior Finance Officer (Central Gov)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in central government finance roles. Emphasize your understanding of financial reporting standards and any relevant qualifications like ACA, ACCA, or CIMA.
Craft a Strong Cover Letter: In your cover letter, clearly articulate how your skills align with the key responsibilities of the Senior Finance Officer role. Mention specific examples of your experience with budget management, financial forecasting, and collaboration with senior colleagues.
Highlight Relevant Experience: When detailing your work history, focus on your proven experience in developing cashflow and sensitivity models, as well as your ability to manage complex balance sheets and ensure compliance with financial regulations.
Showcase Your Soft Skills: Don't forget to mention your ability to develop effective working relationships across various teams and with external stakeholders. This is crucial for the collaborative nature of the role.
How to prepare for a job interview at People Source Consulting Ltd
✨Showcase Your Financial Expertise
Be prepared to discuss your extensive experience in central government finance roles. Highlight specific examples of how you've developed and implemented financial reporting standards, cashflow models, and managed complex balance sheets.
✨Demonstrate Collaborative Skills
Since the role involves working with various teams, emphasize your ability to build effective working relationships. Share instances where you successfully collaborated with HR leads or project teams to align financial forecasts with resource plans.
✨Prepare for Technical Questions
Expect questions related to financial modelling and reporting. Brush up on your knowledge of financial regulations and be ready to explain how you've ensured compliance in previous roles.
✨Discuss Continuous Improvement Initiatives
The job focuses on enhancing internal financial processes. Be ready to talk about any continuous improvement initiatives you've led or contributed to, and how they positively impacted financial operations.
