Financial Reporting and Budgeting Accountant

£44,600 - £50,906

London: £47,600 - £50,906 / National: £44,600 - £47,906. If the successful candidate is a current Civil Servant joining on level transfer, HM Treasury will honour their current substantive salary if higher. This role typically attracts an accountancy allowance for eligible individuals. Confirmation of eligibility will be provided to the successful applicant on appointment. For more information on pay, please refer to the guidance at https://hmtreasury.pagetiger.com/cjbibw.

A Civil Service Pension with an employer contribution of 28.97%

Alongside your salary of £44,600, HM Treasury contributes £12,920 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).

• Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King's birthday.
• Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28.97%
• Parental Leave Packages - Including 6 months' occupational pay for maternity/adoption, shared parental leave options.
• Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury's benefits portal for a wide range of discounts.
• Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working.

Hybrid working: HM Treasury operates an office based working approach across all Treasury sites. There is an expectation of a minimum of 60% attendance in the office. Please be aware that this role can only be worked in the UK and not overseas.

The office working expectation is linked to the location of the role. If you apply to a post in a single location, then you will not be able to meet this expectation at any of our other sites or move your role to another location. Some roles may not be suitable for hybrid working, it will be stated in the role profile if the role cannot accommodate this.

You can review HM Treasury's full offer here.

Visa sponsorship is not available for this role.

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)

Working at HM Treasury puts you at the heart of government, making a difference to the UK economy and ultimately to people's lives right across the UK.

Jobs at the Treasury are fast-paced, fun and can offer unparalleled perspective - not least the opportunity to advise Ministers on the decisions which directly determine the UK's prosperity. Deep in our DNA is a commitment to empowering our people: maximising individual and collective impact, with interesting work no matter your role or seniority.

Day-to-day you could be supporting Ministers to decide the right level of a specific tax or line of government spending; helping maintain the stability of financial markets; analysing the long-term trends impacting the future of the economy; or enabling this work as part of our vital corporate functions.

We are a high-performing department and proud to have outstanding staff from a wide range of backgrounds. We are also a friendly, inclusive and sociable workplace that prides itself on fostering great team spirit. Our two largest offices are 1 Horse Guards Road in London, opposite St James' Park, and the Darlington Economic Campus, which also contains eight other departments. We work seamlessly across all our sites, including Norwich, Birmingham and Leeds, as one Treasury.

We are both a 1,000-year-old institution and dynamic, forward-looking economics and finance ministry, with a strong direction set by our organisational strategy, the Future Treasury Vision. The 21st century offers huge opportunities and poses new challenges for the UK. Working at the Treasury is your chance to help the country chart the right course.

This is a varied and fast-paced financial accounting role shared between Strategic Finance and Financial Reporting. It offers the opportunity to support both the department's annual financial reporting responsibilities and its in-year financial reporting and budgetary management, giving the post holder a broad understanding of how HM Treasury manages, monitors and reports its finances. The breadth of the role provides a unique opportunity to gain experience across different aspects of financial reporting and forecasting in a fast-paced central government environment.

The annual report and accounts is central to financial accountability in the public sector. You will support the production of the department's annual report and accounts, including consolidation of its arm's-length bodies and liaison with external auditors. You will also play a key role in the ongoing management and maintenance of the Group's consolidation system, ensuring it is embedded effectively into business-as-usual reporting and remains robust and fit for purpose.

Alongside this, you will support the Strategic Finance team with in-year reporting and multi-year budgetary management. This will include supporting the preparation of management information and forecasts for a range of stakeholders, advising budget holders on the setting and management of Annually Managed Expenditure (AME) budgets, and contributing to wider strategic finance activities, including the Estimates process through which Parliament approves departmental budgets, and Spending Reviews.

1. Support the interim and year-end preparation of HM Treasury Group's annual report and accounts, including determining and applying accounting policies and valuation techniques to deliver accurate and high-quality financial reporting. Coordinating evidence and responses to resolve audit queries from the National Audit Office.
2. Support effective budgetary management of Annually Managed Expenditure (AME) by monitoring budgets and forecasts through monthly management accounts for the consolidated Group, and providing financial information and advice to budget holders to support decision-making.
3. Support the management and maintenance of the Group's Oracle consolidation system and associated processes and controls for both HM Treasury Group's annual report and accounts and Whole of Government Accounts submission. Also providing support for and review of arms length body consolidation returns.
4. Prepare and maintain high-quality financial and budgetary information for the departmental group, including regular reporting to central teams and support for budgetary processes, while identifying opportunities to strengthen controls and improve reporting processes and systems.
5. Build effective relationships with Strategic Finance, Financial Reporting, Spending Team, policy teams and finance colleagues in arm's-length bodies, providing accounting and budgetary advice and supporting colleagues to understand financial information and requirements.
6. Support wider financial control and reporting activity, including quarterly VAT returns, central finance data returns and ad-hoc work to improve accounting models, systems, balance sheet management, processes and controls.

Flexible working, Full-time, Part-time