Role: Director of Finance
Salary: circa £120k
Location: Bedford Office Base with Hybrid Working
As Finance Director you will have the opportunity to make a real difference to help shape the future operating model of the finance function and how high-quality services are provided across the business. You will work closely with Executive Directors and colleagues across the Department of Work and Pensions. Your role is pivotal in ensuring that we have the financial resources to deliver our business plan for key services and our Board Perfornace Reporting , as well as the financial management and accounting of MaPS.
To join us as Finance Director, you will be a fully qualified CCAB member of one of the six UK-recognised bodies and a natural leader at both strategic and operational levels. This is not a career move for the faint-hearted; you will need the resilience, experience, and interpersonal skills to partner with ExCo directors and lead the team.
This is an exciting role which brings together all the elements of a finance and business planning function. You will be head of profession, with five direct reports and a team of eighteen. Reporting to the CFO you will collaborate with your counterpart in the Commercial and Risk function areas of the CFO Group.
The role of the Director of Finance
- To deliver an effective financial control and policy function for the organisation.
- To support the organisation in all aspects of financial decision-making, through the provision of high-quality financial reporting and analysis to aid decision-making, managing financial governance, controls and compliance and delivering effective financial transactional processing and MaPS Change portfolio including a Government Major Project Portfolio (GMPP).
- Lead on the Comprehensive Spending Review for MaPS.
- Delivery of the Money and Pensions Service Annual Report and Accounts.
- Lead on business planning, coordinate KPI for service targets and the annual budgeting process.
The Director of Finance will have responsibility for:
- Leading the provision of consistent, robust, accurate, efficient and high-quality financial reporting and analysis, budgetary control, and all financial forecasting and transactional processing to support the business.
- Responsible for the smooth development and implementation of financial systems.
- Implementing, operating and ensuring compliance with sound financial controls/procedures to drive the organisation’s business performance, including implementation of all financial audit agreed management actions.
- Providing oversight of the business partnering, planning and financial control and systems environment.
- Deputising for the Chief Finance Officer as required.
- Taking the lead role in annual budget planning and financial planning cycles with key stakeholders in government as well as internal colleagues across MaPS
- Ensuring the finance team is well led and developed, and that a positive team culture is created and maintained.
- Identifying opportunities for improving the efficiency of processes and controls, supporting a culture of continuous improvement across the team, CFO Directorate and MaPS.
- Developing both internal and external relationships with appropriate stakeholders including all MaPS Directorates, National Audit Office, Internal Auditors, HMT and DWP.
Keeping abreast of changes in financial regulations and legislation and making changes as appropriate.