Head of Estimates and Annually Managed Expenditure

Do you have a background in financial management, financial reporting, or audit, with an understanding of the estimates process? If so, we’d love to hear from you !

About the Team

HM Treasury's Group Finance Team comprises approximately 50 staff. It includes Strategic Finance, Financial Management, Financial Reporting, Finance Operations and Payroll, and Counter Fraud and Risk.

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 Strategic Finance team lead on the Department’s strategic financial planning, including Business Planning, the Budget, Spending Reviews, and the Estimates. The work involves taking a strategic and fresh look at everything HM Treasury does, from policy through to operations. It is therefore very varied and a great way to learn about the Department. It also involves working closely with colleagues across the Department and the wider HMT group. As a member of the HMT Group Finance team, you will be supporting on the departments own finances, rather than on wider government public spending control.

About the Job

In this role, you will:

·      Lead and co-ordinate the production of HMT’s Main and Supplementary Estimates and Vote on Account based on a sound understanding of the departments Departmental Expenditure Limit and Annually Managed Expenditure position, drafting associated memoranda and briefing Seniors and Ministers as required; working collaboratively with the Spending Team and colleagues across Finance and wider HMT.

·      Act as Finance Business Partner (FBP) to all AME budget holders within the HMT Group, reviewing forecasts, and preparing the monthly management accounts, tailored suitably to an Executive Management Board audience.

·      Provide specialist financial and budgetary advice, engage with experts, challenge and support HMT colleagues and the wider group to arrive at appropriate, affordable, and timely recommendations.

·      Contribute to the work of the wider Strategic Finance team by supporting with the spending review process and implementation of the agreed settlement through annual business planning, promoting efficiencies, and managing financial risks.

·      Understand the frameworks that govern public finances (e.g., Managing Public Money, Consolidated Budgeting Guidance) and ensure plans and proposals are compliant, assisting with the development of Accounting Officer advice for new schemes where necessary.

·      Oversee the HMT group cashflow forecasting and reporting, liaising with colleagues in Treasury Group Shared Services (AP/AR) and the Exchequer Funds and Accounts team as required.

·      Direct line management responsibility for the Estimates Accountant.

About You

You will have a CCAB (or equivalent) qualification; be able to communicate with others in a clear, honest and enthusiastic way in order to build trust, explaining complex issues in a way that is easy to understand interpret ; consider a wide range of complex financial and non-financial information, assess risk and draw conclusions to provide high quality advice and recommendations and actively build and maintain strong working relationships to achieve shared objectives. 

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 a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh 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, ethnicity, LGBT+ identity and socio-economic status.

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 27%

·      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 (e.g. women in the Treasury, ethnic minority network, LGBT* network, faith and belief network)

For more information about the role and how to apply, please follow the apply link.

If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team