Manager of Financial Policy

Job Title: Manager of Financial Policy
Contract Type: Contract
Location: London
Salary: £60000.00 - £62500.00 per annum
Reference: 3763907_1580982798
Contact Name: Steven O'Connell
Contact Email:
Job Published: February 06, 2020 09:53

Job Description

Launched in January 2019, the Money and Pensions Service brings together the free services delivered by the Money Advice Service, The Pensions Advisory Service and Pension Wise. We are an Arms-Length organisation, sponsored by the Department for Work and Pensions, with a joint commitment to ensuring that people have access and guidance to the information they need to make effective financial decisions over their lifetime.

As a new organisation, our approach is to put the customer at the heart of everything we do. We will be working collaboratively with our key stakeholders to ensure that all UK citizens can easily access the information they need to make the most of their money and pensions throughout their lives. This is an exciting vision that we want to get right. We will be using 2019 to understand what our customers and stakeholders need from the new organisation. Based on that, we will be innovating and testing ways of improving information and guidance across all channels, so we can develop new integrated customer services and journeys that are both efficient and effective.

Your new role

As a Manager of Financial Policy, Procedure, Continuous Improvement and Corporate Reporting, on a 12-month fixed term contract, your responsibilities will include:

1) Leadership

  • Lead and manage the provision of all policy and procedures needed to ensure robust financial control throughout MaPS.
  • Lead and develop corporate reporting within the wider finance community to deliver performance and functional objectives
  • Ensure that staff resources are used effectively and workloads managed working with colleagues to achieve this.
  • Maintain team morale in order to deliver the transformation of the service

2) Continuous Improvement

  • Develop and maintain effective policies to meet corporate and department's strategic objectives
  • Invite team feedback to identify opportunities to improve value for money and efficiency.
  • Develop strong, collaborative relationships with finance colleagues and business areas; develop consistent and efficient financial processes, implementing continuous improvement.
  • Collaborate with Money and Pensions Service IT in the development of system improvements.
  • Oversight of performance, including identifying areas for improvement by using recognised continuous improvement principles
  • Share best practice with other government departments to ensure Money and Pensions Service is working towards customer service excellence.

3) Monthly Reporting Process

  • Manage the reporting of prompt, accurate management accounts based on standardised systems and processes to an agreed timetable. Take a proportionate approach based on materiality and volatility, with emphasis on future insight rather than recording the past.
  • Ensure the integrity of data used to support robust forecasting, feeding back via FBPs where operational data is inadequate or inaccurate.
  • Maintain a strong understanding of the overall financial position of MaPS. Provide incisive variance explanations of material /sensitive /volatile areas; clear summaries and interpretation for senior management.
  • Ensure that FBPs have confidence in the reported actual and forecast position, enabling them to advise senior colleagues e.g. directors. Ensure this is recognised in the overall departmental position.

What you'll need to succeed CCAB or CIMA qualified.

  • Strong leadership, interpersonal skills and authority; able to successfully foster and manage inter-relationships between own team and other areas. A proven track record of creating a common purpose and instilling organisational values and behaviours that promote a corporate vision.
  • Work confidently with financial data when making decisions; interpret trends, issues and risks, and where appropriate investment appraisals.
  • Adopt and promote an organisational culture that is positive about change and committed to delivery of the strategic vision.
  • Experience of reporting in a government environment is desirable.

What you'll get in return

In return you will be placed on a fixed-term contract and will be paid £62,500 per annum plus an excellent benefits package, working in an excellent Central London location.

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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