Finance Business Partner - Estimates and Annually Managed Expenditure

Are you on the lookout for a new and exciting opportunity, making a difference in people's lives? If so, then HM Treasury may have an opportunity for 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, 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 involves working closely with colleagues across the Department and the wider HMT group.

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

About the Job

1. Lead and co-ordinate the production of HMT’s Main and Supplementary Estimates and Vote on Account, providing recommendations on Delegated Expenditure Limit (DEL) and Annually Managed Expenditure (AME) budgets based on a sound understanding of the departmental group. Draft associated memoranda and brief Seniors and Ministers as required. Work collaboratively with the Spending Team and colleagues across Finance and wider HMT.

2. 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. As well as liaising with colleagues in Treasury Group Shared Services (AP/AR) and the Exchequer Funds and Accounts team as required.

3. 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.

4. 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.

5. 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.

6. Ensure HMT's cash forecast, budgets and outturn and accurately reported on the governments ‘Online System for Central Accounting and Reporting’ (OSCAR) database, reconciling with HMT’s internal systems. 

7. Direct line management responsibility for the Estimates Accountant.

About You

If you’re a qualified finance professional looking for an interesting and varied role that works with multi-billion-pound budgets, exposes you to Treasury Ministers and Senior Leaders, this could be the role for you!

The successful applicant should be a strong communicator, with the ability to actively build and maintain strong working relationships to achieve a shared objective. You will also be able to lead end-to-end projects and have strong technical accounting skills.

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 days 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 you to take up to an additional 2 days off each month.

·      Flexible working patterns (part-time, job-share, compressed hours). 

·      Generous parental leave and adoption leave packages. 

·      A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27%

·      Access to a cycle-to-work salary sacrifice scheme and season ticket advances.

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

·      Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping.