Head of Transaction Finance

• lead a multidisciplinary team of Transaction Finance Accountants, Cost Centre Managers and Accounting Support, setting priorities and building capability and resilience
• plan resources and monitor performance so the team delivers the monthly finance timetable and responds effectively to risks and competing priorities
• establish clear processes, responsibilities and service standards for transactional finance, consolidating work transferred from Strategic Finance
• build effective relationships across Finance, Payroll and Commercial teams so information flows efficiently and issues are resolved promptly
• strengthen controls, clarify interfaces and take ownership of continuous improvement across the Transaction Finance service

Responsibilities:

• hold a recognised CCAB or CIMA professional accountancy qualification, such as ACA, ACCA, CIPFA or CIMA, with membership of the relevant body
• have recent, substantial experience of working within a finance function and delivering month-end at scale, with accountability for people, service performance, financial controls, risk management and process improvement
• have strong technical accounting knowledge, including experience of interpreting and applying International Financial Reporting Standards and relevant central government financial requirements to transactional finance, financial controls and month-end accounting, with the ability to explain complex accounting concepts clearly to non-finance stakeholders
• demonstrate excellent written and verbal communication, with the ability to translate complex financial information into clear, accurate and persuasive advice for senior leaders and non-finance stakeholders
• demonstrate strong planning and organisational skills, with a track record of working independently, managing competing priorities and responding effectively to emerging operational challenges

Application and Sift

As part of the sift process, you will be asked to complete:

• CV

• Personal Statement
  

High volume applications and benchmark scoring

Should a large number of applications be received, an initial sift may be conducted using the CV, assessing candidates against the essential criteria. Only those who meet the essential criteria at this stage will proceed to a full assessment of their application. If a candidate does not meet the minimum requirements during the initial sift, the remainder of their application will not be reviewed. Candidates who pass the initial sift may be progressed to a full sift or progressed straight to interview.

Where high volumes of strong applications are expected or received, we may raise the ‘benchmark’ minimum score required at the sift stage. If a high volume of candidates meet the benchmark score, we may further raise the score required for interview selection. Scores will be applied fairly and consistently. Applicants eligible under a recruitment scheme may, where appropriate, continue to be considered against the agreed ‘benchmark’ score, to support the purpose of the scheme.

CV Guidance

Your CV should provide a clear overview of your employment history, key responsibilities, relevant qualifications, and the skills and experience you’ve gained throughout your career including any notable achievements.

Note: Your CV will be scored as part of the assessment process and will be assessed against the criteria outlined in the job advert.

Personal Statement Guidance

Your personal statement should be no more than 750 words and must demonstrate how your personal skills, qualities, and experience align with the requirements of the role. Please ensure your statement references the essential criteria outlined in the person specification.

Interview Stage

If successful at the sift stage, at interview, you will be assessed on the following:

Behaviours - assessed through:

• Behaviour 1 - Communicating and Influencing

• Behaviour 2 - Delivering at Pace

• Behaviour 3 - Making Effective Decisions

Technical Skills

Expected timeline (subject to change)

Sift – w/c to be confirmed

Interview – w/c to be confirmed

Location - MS Teams

Your interview will be conducted by video. You will be notified of this if you are selected for interview. Candidates are asked to note the above timetable, exercising flexibility through the recruitment process.

Visa Applicants

To sponsor a candidate under the Skilled Worker visa, a sponsorship licence is required. The Insolvency Service does not currently hold this licence and therefore, cannot legally sponsor Skilled Worker visa applicants.

Hybrid Working

The Insolvency Service’s hybrid working policy offers flexibility over when and where you work and collaborate, subject to business needs.

Further Information

A reserve list may be held for a period of 12 months from which further appointments can be made.

If successful and transferring from another Government Department a criminal record check may be carried out.

In order to process applications without delay, we will be sending a Criminal Record Check to Disclosure and Barring Service on your behalf.

However, we recognise in exceptional circumstances some candidates will want to send their completed forms direct. If you will be doing this, please advise Government Recruitment Service of your intention by emailing Pre-EmploymentChecks.grs@cabinetoffice.gov.uk stating the job reference number in the subject heading.

New entrants are expected to join on the minimum of the pay band.

Reasonable Adjustment

We must make reasonable adjustments if our recruitment process puts a disabled applicant at a substantial disadvantage. These are changes or support that help remove or reduce that disadvantage.

If you need an adjustment to apply, contact Government Recruitment Service at insolvencyrecruitment.grs@cabinetoffice.gov.uk as soon as possible before the closing date.

For adjustments later in the recruitment process, complete ‘Assistance required’ on the ‘Additional requirements’ page of your application form. Examples include wheelchair access at interview or communication support if you are deaf or hard of hearing.

For further information on National Security Vetting please visit the Demystifying Vetting website.

Queries and Support

When contacting us or the Government Recruitment Service (GRS) using the contact details at the bottom of this advert, please include the 6-digit Vacancy ID, job title, your full name and, where applicable, your 8-digit Applicant ID in the email subject line. This will help us process your enquiry more efficiently.

Feedback

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service