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Specialist Restructuring Senior Manager

Hybrid in London·Added 3 days ago (last checked 5 Nov)

Department for Education (DfE)

9 open roles

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Our summary

Salary
£73,334 a year

About £4,420 a month after tax.

Work mode
Hybrid, London
Experience
Senior level
Closing date
Apply by Sunday 22 November
Holiday
25 days holiday
Pension
28.97% employer pension

Skills

Requirements

What we're looking for

  • You will have a high level of technical skill in public and/or private sector corporate finance and restructuring environments, including detailed financial assessment and/or modelling.
  • You will have proven experience in reacting effectively to unplanned restructuring situations, being able to reach consensual decisions with imperfect information.
  • You will be able to demonstrate the ability to effectively deliver results at pace in challenging environments.
  • You will be able to demonstrate the ability to deliver difficult messages and communicate complicated financial and legal concepts to stakeholders with different points of view.
  • You will demonstrate excellent interpersonal and communication skills with the ability to make an impact at the highest levels.
  • You will have experience of representing an organisation externally, managing external stakeholder relationships and securing confidence in decision-making through partnership working.
  • You will demonstrate high levels of IT proficiency, to quickly use MS Office, AI and other tools to aggregate and analyse diverse information sources, build and interrogate Excel models and produce high quality outputs including business cases in Power-point or Word.
  • Professionally qualified accountant, auditor or equivalent: e.g. ACA, ACCA, CIMA, Insolvency Practitioner or relevant and comparable financial restructuring experience.

Nice to have

  • You will have worked in or with the education sector and/or the public sector more generally.

Desirable criteria will only be assessed at interview, in the event of a tie break situation, to make an informed decision.

Education & certifications

Professionally qualified accountant, auditor or equivalent: e.g. ACA, ACCA, CIMA, Insolvency Practitioner or relevant and comparable financial restructuring experience.

Pay & benefits

What you'll get

£73,334

London Grade 6 minimum: £77,137

A Civil Service Pension with an employer contribution of 28.97%

Alongside your salary of £73,334, Department for Education contributes £21,244 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

Applicants currently holding a permanent post in the Civil Service should note that, if successful, their salary on appointment would be determined by the Department's transfer / promotion policies.

As a member of the DfE, you will be entitled to join the highly competitive Civil Service Pension Scheme, which many experts agree is one of the most generous in the UK.

You will have 25 days leave, increasing by 1 day every year to a maximum of 30 days after five years' service. In addition, all staff receive the King's Birthday privilege holiday and 8 days' bank and public holidays.

Travel to your primary office location will not be paid for by DfE, but costs for travel to an office which is not your main location will be covered.

Department for Education do not cover the cost of travel to your interview/assessment unless otherwise stated.

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

Bodies that are not accredited by the Civil Service Commission and are not able to advertise at Across Government on Civil Service jobs will be treated as external new starters and will come into DfE on modernised terms and conditions with a salary at the band minimum.

Bodies that are accredited by the Civil Service Commission but do not have civil service status will be offered modernised terms and will not have continuous service recognised for leave or sickness benefits. Salaries should be offered at band minimum, but there is some flexibility where this would cause a detriment to the individual.

Bodies that are accredited by the Civil Service Commission and do have Civil Service status will be treated as OGD transfers. Staff appointed on lateral transfer will move on to pre-modernised DfE terms (unless they were on modernised terms in their previous organisation). Staff appointed on promotion will move on to modernised DfE terms. Staff will transfer over on their existing salary (on lateral transfer) and any pay above the DfE pay band maximum will be paid as a mark time allowance. Staff moving on promotion will have their salaries calculated using the principles set out in the attached OGD transfer supplementary information.

Any move to Department for Education (DfE) will mean you will no longer be able to carry on claiming childcare vouchers. This includes moves between government departments. You may however be eligible for other government schemes, including Tax-Free Childcare. Determine your eligibility at https://www.childcarechoices.gov.uk/

We offer flexible working arrangements, such as job sharing, term-time working, flexi-time and compressed hours.

Most DfE employees will be working a hybrid pattern, spending at least 60% of their time in an office or work setting. Changes to these working arrangements are available in exceptional circumstances but must be agreed with the line manager and in line with the requirements of the role.

As an organisation, which exists to support education and lifelong learning, we offer our staff excellent professional development opportunities.

Visa & relocation

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

Further information on nationality requirements (opens in a new window)

The role

This position is an exciting opportunity in the FFO (Funding and Financial Oversight) group.

FFO ensures the right amount of money goes to the right providers at the right time, and is spent in the right way.

FFO leads on developing the financial and governance framework used by academies and post-16 education providers to manage and report on their spending; identifying institutions at risk of financial failure, providing expert financial assessment and advice; and where necessary undertaking investigations into financial irregularity.

The role is part of a small specialist restructuring team of highly qualified accountants and insolvency practitioners. Each member is responsible for managing a portfolio of restructuring cases including their own analysis and credit papers.

What you'll do

The role operates in a variety of generalist and specialist settings. Therefore, duties will vary over time and the post holder will need to be adaptable and resilient, ready to undertake a diverse range of tasks including the following:

  • Undertake reviews into restructuring situations, dissect complex evidence, add value to the proposed options, establish alternatives to those already identified and make recommendations to senior colleagues, including Ministers.
  • This will include outsourcing some work to accountancy and law firms and undertaking your own analysis and due diligence in Excel, and writing credit committee papers in both PowerPoint and Word.
  • Incorporate non-financial information and data, such as real estate and curriculum, to produce high quality integrated financial and non-financial advice.
  • Manage transactions (eg mergers) through to completion, including accurate forecasting and payment of funding.
  • Raising general awareness of restructuring issues, identifying risks across the DfE and education providers funded by the DfE.
  • Engaging with stakeholders across government, the wider stakeholder community and the finance profession to keep on top of leading practice.
  • Manage stakeholders' needs and expectations effectively so that Departmental objectives and priorities are met.
  • Make the links between policy and/or business delivery within the intervention and restructuring environments and wider where appropriate.
  • Contribute to the wider management of the FFO group, including through leading roles in corporate activities and risk management.
  • Proactively manage performance by setting clear and stretching objectives for colleagues and provide regular constructive feedback.

How you'll work

Flexible working, Full-time, Job share, Part-time

Coventry (CV1 2WT), Darlington (DL1 5QE), London (SW1P 3BT), Manchester (M1 2WD), Sheffield (S1 2FJ)

Apply before

Apply before 11:55 pm on Sunday 22nd November 2026

Reference number

489277

Job grade

Grade 6

Contract type

Permanent

Type of role

Accountancy
Corporate Finance
Finance
Insolvency

Number of jobs available

1

Behaviours

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

  • Seeing the Big Picture
  • Communicating and Influencing

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Reasonable adjustment

If a person with disabilities is put at a substantial disadvantage compared to a non-disabled person, we have a duty to make reasonable changes to our processes. If you need a change to be made so that you can make your application, you should:

Contact Department of Education via centralrecruitment.operations@education.gov.uk as soon as possible before the closing date to discuss your needs.

Complete the "Assistance required" section in the "Additional requirements" page of your application form to tell us what changes or help you might need further on in the recruitment process. For instance, you may need wheelchair access at interview, or if you're deaf, a Language Service Professional.

Please refer to the attached 'Reasonable Adjustments Guide 05_2025 - accessible version' at the bottom of the advert, for further information.

Job contact

  • Name : Peter Rossi
  • Email : Peter.rossi@education.gov.uk

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Hiring process

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours and Experience.

To apply for this role, please select 'Apply Now' at the top or bottom of this advert. CV details need to be included in the template within the application form; attached or emailed CVs will not be considered.

Stage 1: Written Application

At sift stage, you will be assessed on your Experience in line with the essential criteria listed in the person specification section of the job advert.

To apply for this role, please provide:

  1. A Short CV setting out your career history, highlighting specific responsibilities and achievements that are relevant for this role.
  2. Your Statement of Suitability - In no more than 1000 words, provide examples of how your personal skills, qualities and experience meet the essential criteria.

To confirm, the maximum word count for the statement of suitability is 1000 words. Please adhere to this limit as anything over 1000 words will not be taken into account.

The CV and Statement of Suitability will be assessed against the essential criteria detailed in the advert.

When looking at your experience, we're looking for examples of things you have previously achieved or your knowledge in a particular field, which are relevant to the job role. We're not looking at how much time you spent in a particular field, but rather how you performed. Sometimes experience can be transferable from a non-work context. Skills gained through voluntary work or a hobby, such as teamwork or communication, can demonstrate the experience required for the role.

The sift will be restricted to just assessing the statement of suitability in the event of a large volume of applications.

If candidates require reasonable adjustments during the application process, please allow sufficient time (at least 5 working days prior to the closing date) to allow us to review and progress your application to the next stage of the process.

Please note that there is no candidate support available from Friday 5pm until Monday 9am.

Once you have submitted your application it cannot be amended; only submit your application when you have completely finished, answered all the relevant questions and reviewed the information entered.

Stage 2: Assessment/Interview

The interview will be a 2-part process:

Part 1: Candidates invited to interview will also undertake an assessment at the start of the interview. The interview will also include a case study assessment provided on the day of the interview, covering a typical education restructuring situation. This will assess the essential criterion "You will have a high level of technical skill in public and/or private sector corporate finance and restructuring environments, including detailed financial assessment and/or modelling".

Part 2: The interview will last approximately 1 hour. You will be asked questions around the behaviours listed in the advert.

Behaviours are the actions and activities that people do which result in effective performance in a job. We want to get an understanding of the actions and activities that you have done (or would do) that result in effective performance.

About Department for Education (DfE)

Industry
Government Administration

In their own words

About the company & team

DfE - Strategy and Operations Group Funding and Financial Oversight

  • Email : Centralrecruitment.operations@education.gov.uk

Additional information

Interviews may be via Microsoft teams or face to face; the vacancy manager will confirm prior to the Interview.

In your application, please don't include personal information that identifies you.

This means we can recruit based on your knowledge and skills, and not background, gender or ethnicity - it's called name blind recruitment (opens in a new window).

Please ensure that you remove from your application, all references to your:

  • name/title
  • educational institutions
  • age
  • gender
  • email address
  • postal address
  • phone number
  • nationality/immigration status

We reserve the right to raise the minimum pass mark in the event of a high volume or strong field of candidates.

Please be aware that this role can only be worked in the UK from the location options provided and not from overseas.

The government is committed to supporting apprenticeships, enabling people to learn and progress in a role whilst earning. We want to monitor the number of people who have completed apprenticeships who are now applying to progress further in their career and are asking this question to all candidates, on all vacancies. You will be asked a question as part of the application process about any previous apprenticeships you have completed. Your response to this question will not affect your application and it is not a requirement of the role to have completed a previous apprenticeship.

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 circumstance some candidates will want to send their completed forms direct. If you will be doing this, please advise Department of Education of your intention by emailing Pre-Employment.Checks.DFE@education.gov.uk stating the job reference number in the subject heading.

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

Candidates will be posted in merit order based upon location preference. Where more than one location is advertised you will be asked to state your preferred location.

Applicants who are successful at interview will be, as part of pre-employment screening subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant's details held on the IFD will be refused employment.

Terms and conditions of candidates transferring from ALBs and NDPBs

Feedback will only be provided if you attend an interview or assessment.

Successful candidates must undergo a basic (or equivalent) criminal record check.

People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Please note this Post is NOT regulated by the Civil Service Commission.

The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.

Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

The Department for Education's recruitment processes are underpinned by the Civil Service Commissioners Recruitment Principles, which outlines that selection for appointment is made on merit based on fair and open competition. You have the right to complain if you feel a department has breached the requirement of the Recruitment Principles. In the first instance, you should raise the matter directly with the department concerned via CentralRecruitment.Operations@education.gov.uk. If you are not satisfied with the response, you may bring your complaint to the Commission. For further information on bringing a complaint to the Civil Service Commission please visit their web pages

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