Management Accountant

HM Treasury

If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth.  

Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more.  

HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us stronger and better at developing policy that reflects the needs of every community. We embrace different views and experiences and value the new perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, gender, age ethnicity, LGBT+ identity and socio-economic status.  

We are part of the Darlington Economic Campus, a pioneering new cross-government hub which brings people together to play an active role in the most important issues of the day whilst working closer to the communities we serve. The campus provides the opportunity for people from all over the UK to help shape the future of the country, and our flexible working practices ensure you can collaborate effectively with our partners. It’s central government, made more accessible to you! 

About the Group    

The Corporate Centre Group delivers a wide range of corporate services to enable people at HM Treasury and many of the other organisations who form part of the Treasury Group (including the Government Internal Audit Agency and the Debt Management Office) to operate effectively and efficiently. We are a diverse group, both in terms of our professions and in our ways of working. Our colleagues are based across 3 sites in London, Darlington and Norwich. 
The Corporate Centre Group consists of a range of teams and is led by two directors (one of Finance and one of Operations); 

•    Correspondence and Information Rights 
•    Finance & Commercial 
•    People & Capability 
•    Diversity, Inclusion & Belonging 
•    Treasury Business Solutions 
•    Multisite Darlington Economic Campus team 
•    Exchequer Funds & Accounts team 

About the Team

HM Treasury’s Group Finance Team comprises approximately 50 staff. We provide high quality advice covering strategic finance, financial management, financial reporting and counter fraud and risk for internal use, and accurate information for Parliamentary control and public accountability purposes. 

We are part of the wider Government Finance Function (GFF), which represents and supports the finance community across the civil service. GFF offers a range of developmental opportunities, resources, tools and networks to support us in our roles.

The Financial Management team provide financial insight and decision support to policy teams, our boards and senior leaders in the organisation enabling them to understand the financial and budgetary impact of policy as it develops. The team is responsible for the in-year financial management of our annual departmental budget and forecasting, supporting the annual business planning process, working with the department on new spend proposals and business cases, negotiating with the departmental spending team and liaising with Arm’s Length Bodies (ALBs) to monitor their budgets and spend. 

We are a friendly, encouraging, diverse and inclusive team, and we are committed to actively 3 supporting everyone’s well-being and professional development.

About the Job 

In this role you will need to understand the business of both the core department and its Arm’s Length Bodies (ALBs) and be able to translate and present complex information clearly. You will support the Finance function in the provision of valuable financial advice, challenge and support, strategic insight and business solutions to Directors and build strong interpersonal relationships in your team and the wider organisation. 

Key accountabilities include: 
1. Responsible for a number of regular month end processes – ensuring the integrity of transactions in financial systems, and that accurate accruals, adjustments and journals are posted, and forecasts are entered into the management accounting system for consideration by the Finance Deputy Director and HM Treasury’s Operating Committee.

2. Support the Finance Business Partners and Assistant Finance Business Partners in the monthly forecasting process, including maintaining and updating key financial models, liaising with stakeholders on queries, and providing management reports to support decision making.

3. Support the production of monthly financial management reports for groups, reporting accurately to Finance Business Partner and Assistant Finance Business Partner the income and expenditure in terms of budget, actual and forecast. Providing financial support and data where appropriate for ad hoc tasks.

4. Build and maintain strong working relationships with key stakeholders from across the department, supporting them on key financial processes including purchases, clearing on hold invoices, raising invoices and others.

5. Work collaboratively with the other Management Accountants to ensure that inter group transfers and transactions are recorded accurately and timely adjusting between accounting periods as needed; enabling early escalation of financial irregularities to the Finance Business Partners and Head of Financial Management, so corrections can be made in the appropriate accounting period. 

6. Flexibly support other finance teams with key financial activities. This will include activities such as year-end and audit requests. 

7. Play a key role in ensuring undertaking and ensuring the efficacy of key financial controls, including the approval and reconciliation of spend on Government Procurement Cards (GPC) and Corporate Cards, transparency reporting and analysing transaction listings to ensure accuracy and identify mispostings. 

Desirable Qualifications: 

-Relevant financial experience
-Level 4 qualification with AAT, CCAB or CIMA or working towards a qualification

Candidate Drop-In Session

We will be running a candidate drop-in session for this role to give you greater insight about the role as well as the chance to learn more about HM Treasury and the recruitment process. If you would like to join us, then use the link below to join the call at the right time.

Thursday 23rd November, 1 – 2pm: Click here to join the meeting

If you would like to speak to the hiring manager informally prior to the closing date for applications to find out more about the job, please contact Steve Robinson (steve.robinson@hmtreasury.gov.uk)

We are looking for the below skills, experience and behaviours and we will ask you to demonstrate these in your application form. Please review the Candidate FAQ document that is attached to the advert for guidance on how to complete your application form. 

1. Experience of analysing and ensuring the integrity of a range of financial data using financial systems, to support the good financial management of the department (Experience) 

2. Ability to deliver outputs to tight timescales during month end and other key financial deadlines (Delivering at Pace) 

3. Ability to work in collaboration with a range of stakeholders within Finance to deliver consistent and robust adjustments and forecasts (Working Together)

The lead criterion is: Experience

If we receive large volumes of applications, we will conduct an initial sift on the lead criterion only. 

Candidate Guidance Support Session

We will be running an overview of Success Profiles and the STAR approach; top tips for the application and interview process and an opportunity to ask general questions around our recruitment practices. If you would like to join us, then use the link below to join the call at the right time.

Monday 20th November 2023 17:30 – 18:00hrs Click here to join the meeting

Friday 1st December 2023 12:30 – 13:00hrs Click here to join the meeting

At interview stage, you will be assessed on the below criteria:

• Experience
• Strengths

• Behaviours:
  – Delivering at Pace
  – Working Together
  – Communicating and Influencing

We’ll assess you against these behaviours during the selection process:

• Delivering at Pace
• Working Together
• Communicating and Influencing

We only ask for evidence of these behaviours on your application form:

• Delivering at Pace
• Working Together

• 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)

• Flexible working patterns (part-time, job-share, condensed hours)

• Generous parental and adoption leave package

• Onsite restaurant and coffee bar. The London office also offers a gym, showers and prayer room

• Access to a cycle-to-work salary sacrifice scheme, season ticket advances and payroll giving

• Access to a retail discounts and cashback site

• A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes

• A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity (e.g. women in the Treasury, ethnic minority network, LGBT* network, faith and belief network).

Flexible working arrangements:   HM Treasury views flexible working as essential in enabling us to recruit and retain talented people, ensuring that they are able to enjoy a long-lasting career with us. All employees have the right to apply for flexible working and there are a range of options available including; working from home, compressed hours and job sharing.

HM Treasury operates an office based working approach across all Treasury sites – Darlington, London, and Norwich, with the expectation of achieving 50% attendance in the office as a minimum requirement, along with the flexibility of working remotely. This blended working approach allows you to work collaboratively, meet stakeholders face to face, support others and promotes a healthy work life balance (please be aware that this role can only be worked in the UK and not overseas). Some roles will not be suitable for Hybrid Working. Similarly, Hybrid Working will not suit everyone’s circumstances. Arrangements will be discussed and agreed with the successful candidate(s) and subject to regular review. All our offices have been recently modernised and designed to collaborate and connect with colleagues as well as desk and quiet space to allow a range of ways to work.

Job contact :

• Name : Steve Robinson
• Email : steve.robinson@hmtreasury.gov.uk

Recruitment team

• Email : hrrecruitment@hmtreasury.gov.uk