At a Glance
- Tasks: Lead the financial controllership team and ensure financial integrity across the TfW Group.
- Company: Join Transport for Wales, a leader in transforming sustainable transport in Wales.
- Benefits: Enjoy a competitive salary, inclusive culture, and opportunities for personal development.
- Why this job: Be part of a mission to inspire sustainable travel and combat climate change in Wales.
- Qualifications: Qualified accountant with senior-level experience and knowledge of IFRS required.
- Other info: Welsh language skills are a plus, but not essential; support for language development is available.
The predicted salary is between 60000 - 84000 £ per year.
Financial Controller – Pontypridd, South Wales
Salary: £70,000 -£80,000Basis: Full timeEqual Opportunities
At Transport for Wales we value diversity. It makes us stronger, helps us understand our customers better, make better decisions and be more innovative. Everyone\’s different and has their own perspective so we\’re building a diverse team that mirrors the communities we serve. Through this we\’re determined to be one of Wales\’ leading inclusive employers. We\’re creating an inclusive transport network that everyone in Wales can be proud of.
Who we are
At Transport for Wales, we\’re on a mission to transform transport in Wales and make it fit for the future, whether that\’s rail, bus, walking or cycling. We want to inspire a nation to change the way it travels, so that we all travel more sustainably and help to combat the climate emergency we\’re all facing.
We\’re an open and inclusive place to work, where everyone is welcome and our people are supported to reach their full potential. We want to create an environment where our people can grow and succeed. This is key to enabling us to deliver on the promises we\’ve made to the people of Wales to build a sustainable transport network that meets their needs.
Role responsibilities
The Financial Controller will lead the controllership team of financial and other technical accounting roles across TfW Group. As a key process owner, it will be responsible for maintaining the financial control environment and for managing the financial health of the Group by ensuring integrity in the balance sheets and accountability in finance operating processes.
- Lead the development and delivery of aligned accounting policies, procedures, estimates and judgements across the TfW Group by providing advice to the Group Financial Controller, Finance Director and other senior leaders across the Finance and Governance directorate to ensure compliance with both International Financial Reporting Standards (IFRS) for TfW\’s financial statements, and the Government Financial Reporting Manual (FreM) and Consolidated Budgeting Guidance (CBG) for TfW\’s consolidation into the Welsh Government financial statements and budgets.
- Support corporate reporting processes including periodic reporting to TfW board, Welsh Government and other funding bodies by working with the Finance Business Partnering team and the Group Financial Controller to provide robust, timely and insightful content.
- Responsibility for maintaining corporate relationships with the Welsh Government including managing the funding agreements and remit letters by monthly formal meetings and communication means to ensure strong relationships with TfW\’s main funder.
- Contribute to discussions and advice to Welsh Government finance and non-finance colleagues regarding IFRS/FReM accounting interpretations and CBG budgetary treatments by producing briefings, informal communications and attending meetings to ensure TfW\’s expenditure, income and other accounting is in accord with accounting and budgeting guidance.
Who we\’re looking for
- Qualified accountant with demonstrable experience of working at a senior level or similar role within a complex organisation.
- Demonstrable experience of developing or applying financial and accounting policies / standards with a technical background and knowledge.
- Knowledge and experience of International Financial Reporting Standards (IFRS)
- Demonstrable experience of delivering consolidated financial statements
Welsh Language Skills
The ability to speak/write Welsh would make a great addition to your application, but it is not essential for this role.
Transport for Wales supports and promotes the use of the Welsh Language by employees and will encourage them to develop, improve and maintain their Welsh Language skills. We fully support our people who want to improve their Welsh language skills, and personal development for Welsh Language skills are offered in a variety of ways such as online learning, classroom courses and funding attendance at local community courses.
Next steps
Does this role sound like the opportunity you are looking for? Do you want to find out more? See attached Job Description for further details.
Transport for Wales is a disability leader. We are happy to discuss any reasonable adjustments you may need in the recruitment process or as part of the role if you are successful.
This advert will close at midnight on the day of the application closing date stated above. We do encourage you to submit your application as early as possible.
Please note, we reserve the right to close this vacancy early if we receive sufficient applications.
Note that you must hold the permanent right to work in the UK. We are not currently able to provide sponsorship.**
Financial Controller - Pontypridd, South Wales employer: Transport for Wales
Contact Detail:
Transport for Wales Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller - Pontypridd, South Wales
✨Tip Number 1
Familiarise yourself with the specific financial regulations and standards that Transport for Wales adheres to, particularly IFRS and FreM. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the organisation's financial landscape.
✨Tip Number 2
Network with professionals in the transport sector or those who have experience with Transport for Wales. Engaging in conversations about their experiences can provide valuable insights and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your previous experience in managing financial control environments and how you've ensured compliance with accounting standards. Be ready to share specific examples that highlight your leadership skills and technical expertise.
✨Tip Number 4
If you have any Welsh language skills, be sure to mention them during your interactions. Even if it's not essential, showing a willingness to engage with the Welsh language can set you apart and align with the company's values of inclusivity.
We think you need these skills to ace Financial Controller - Pontypridd, South Wales
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and qualifications required for the Financial Controller position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in financial control, IFRS knowledge, and any previous roles in complex organisations. Use specific examples to demonstrate your achievements and skills.
Showcase Your Qualifications: Make sure to mention your qualifications as a certified accountant prominently. If you have additional certifications or training related to financial reporting standards, include those as well.
Express Your Commitment to Diversity: Since Transport for Wales values diversity, consider including a statement about your commitment to inclusivity and how you can contribute to a diverse workplace. This can set you apart from other candidates.
How to prepare for a job interview at Transport for Wales
✨Understand the Role and Responsibilities
Make sure you thoroughly read the job description and understand the key responsibilities of the Financial Controller position. Be prepared to discuss how your experience aligns with these responsibilities, particularly in areas like IFRS compliance and financial reporting.
✨Showcase Your Technical Knowledge
Since this role requires a strong technical background in accounting, be ready to demonstrate your knowledge of International Financial Reporting Standards (IFRS) and any relevant financial policies. Prepare examples from your past work that highlight your expertise in these areas.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making abilities. Think about past experiences where you had to navigate complex financial situations or implement new accounting policies, and be ready to share those stories.
✨Emphasise Your Communication Skills
As the role involves maintaining corporate relationships and communicating with various stakeholders, it's crucial to highlight your communication skills. Prepare to discuss how you've effectively communicated financial information to non-financial colleagues or external partners in the past.