B2/HEO Treasury Management Officer

Contents

• Location
• About the job
• Benefits
• Things you need to know
• Apply and further information

Birmingham, Cardiff, Edinburgh, Exeter, Ipswich, Leeds, Manchester, Newcastle and Nottingham. (Croydon and Stratford will only be available to existing employees of the Insolvency Service).

About the job

Job summary

The Insolvency Service is a leading Government agency which plays a crucial role in providing essential services to the public and to business. The work we do is important to the proper functioning of markets, the economy in general and support for thousands of people each year who are in financial difficulty. 

Join the Finance, Commercial, Sustainability and Property Directorate (FCSP) at the Insolvency Service!

Do you have a passion for finance and a desire to make a real impact?

Shape the Financial Future

This exciting developmental role sits within the Treasury Management team, responsible for managing the Insolvency Service’s internal and external cash forecasting and treasury management duties.

Invest in Your Career

This role offers a supportive environment for professional development. We’re committed to your growth, with several staff at B2 (HEO) grade across FCSP achieving promotions within three years after successfully completing relevant exams.

Inclusive and diverse teams are important to us. We welcome and encourage applications from everyone, including groups underrepresented in our workforce. The Insolvency Service strives to ensure that the agency is a safe, inclusive and welcoming place for everybody to bring their true self to work and to help the agency to achieve its diversity objectives. We have 10 active employee network groups available to join or become an ally, these include, Carers Network, Disability & Health, FACES Network Group, Grass Roots, LGBT+, Mind Matters, No Limits, Part Time Workers, The Shed, and Women’s Network Group. 

We offer full-time, part-time, job share and flexible ways of working. We value capability, technical skills and experience and we place great emphasis on lifetime development to support our people. We encourage our employees to become more involved in areas they feel strongly about, whether it be for the benefit of the agency, though our Engagement network or in their own local communities via volunteering opportunities. 

The Insolvency Service is a great place to work, learn and grow your career! 

Job description

The role will report to the Head of Treasury Management within the Finance, Commercial, Sustainability and Property directorate and will work closely with other functional areas within Finance, the wider Agency and cross Government.

This is an exciting role within the Insolvency Service which will require you to build a network of contacts to ensure the monthly cash forecasts for each of the Agency’s bank accounts represent a true reflection of the likely cash position.

The Treasury Management officer is responsible for all internal and external cash forecasting and treasury management duties.

The FCSP directorate has a healthy learning and development culture, and we are committed to supporting our staff develop the skills and experience to help progress their careers.

Responsibilities

As B2 Treasury Management Officer, you will be responsible for:

• Daily cash and liquidity management ensuring sufficient cash flow to meet operational needs.
• Conduct regular reconciliations of bank accounts to ensure accuracy and timely reporting used to invoice funding partners.
• The completion and submission of the Agency monthly and annual cash forecasting to DBT and HMT.
• The analysis of outturn and historic data to look for patterns and trends.
• Working closely with colleagues across the Agency to resolve issues that may affect the forecast, cash flow and liquidity requirements.
• Reviewing the current cash forecasting process with a view to making improvements.
• Daily review of the Agency’s bank account balances and transactions.
• Updating of monthly reporting performance actuals for FCSP SLT Performance & Risk Leadership Forum.
• Providing advice and subject matter expertise to the wider Agency on matters of Treasury Management.
• Undertake other duties in support of the wider Finance community as required.

Person specification

The successful candidate will:

• Have experience in the last 12 months in an accounting role
• Be able to prioritise demands and take ownership of workplans seeing tasks through to successful completion on time.
• Have the ability to build strong relationships with subject matter experts both within FCSP and within other Directorates.
• Possess excellent communication, presentation and interpersonal skills.
• Be flexible and innovative in your approach in order to support the wider finance demands.
• Have an ability to work independently, build relationships and work collaboratively.
• Have intermediate Excel skills with a willingness to enhance further.
• A desire to learn and develop your financial expertise.
• Excellent analytical and problem-solving skills.
• A strong eye for detail and accuracy.
• The ability to work effectively under pressure and meet deadlines.

You will be required to attend the office at one of the locations listed for 60% of your working time and attend other locations when required as part of the 60% attendance.

Essential Criteria

You will be expected to demonstrate how your experience, knowledge and skills meet the essential/desirable criteria and that you possess the attributes detailed in the person specification.

This role is very much seen as training role with scope for future advancement across the various Finance teams.

Experience within an accounting role within the last 12 months.

Minimum of either AAT Level 4, CIMA Certificate in Business Accounting (CIMA Cert BA) or equivalent CCAB qualification with ongoing membership.

Successful candidates will be committed to completing a full CCAB or CIMA qualification including Practical assessment requirements within 3-4 years, timeframe depends on current qualifications.

This will be a contractual obligation with full funding provided

Further Information

Full funding towards a full CCAB or CIMA qualifications, including day release for study and exams worth approximately £11,000 over 3 years.

Progressive role with support towards achieving C2/SEO promotion.

Hybrid working (60% of time in the office).

Qualifications

One of AAT Level 4, CIMA Certificate in Business Accounting (CIMA Cert BA) or equivalent CCAB qualification

Memberships

AAT or equivalent

Technical skills

We’ll assess you against these technical skills during the selection process:

• Technical skills test presentation

Benefits

Alongside your salary of £28,842, Insolvency Service contributes £8,355 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

We want you to have a good work-life balance and want to support you in all that you do, so we offer a great benefits package including: 

• Flexible working arrangements and flexi-time.
• Full time new entrants to the Civil Service and those Civil Servants on modernised terms and conditions will be entitled to 25 days leave increasing on a sliding scale to 30 days after 5 years’ service.
• In addition to this you are entitled to 8 public/bank holidays plus an additional day of privilege leave.
• Competitive maternity, paternity and parental leave.
• 5 days paid leave for learning and development.
• 5 days paid for volunteering.
• A Cycle to work scheme.
• Staff have access to an employee assistance programme, Workplace Wellness, for confidential, independent support and advice during difficult times in either their professional or personal life.
• A Civil Service Pension with an average employer contribution of at least 28.97%.

Your pension is a valuable part of your total reward package where the employer makes a significant contribution to the cost of your pension. Your contributions come out of your salary before any tax is taken. This means, if you pay tax, your take-home pay will not be reduced by the full amount of your contribution; and your pension will continue to provide valuable benefits for you and your family if you are too ill to continue to work or die before you retire. For more information, visit www.civilservicepensionscheme.org.uk 

The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).

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

Contact point for applicants

Job contact :

• Name : Laura Owens
• Email : [email protected]

Recruitment team

• Email : [email protected]

Further information

A candidate can raise a complaint to the Insolvency Service by emailing the contact point for applicants (as listed on the vacancy advert), if they think that: They have been discriminated against under the Equality Act 2010 there have been procedural irregularities at any stage of the recruitment process All complaints must be received by the contact point for applicants within 24 hours from the date the applicant is advised of their non-success at sift, assessment or interview. Complaints will be considered by an independent third-party outside of recruitment campaign. The decision will be conveyed to the applicant, in writing, within 5 working days of receipt of the complaint. The recruitment process will usually be put on hold until the complaint has been resolved. Complaints may also be made to the Civil Service Commission at any time if the individual believes their application has not been treated in accordance with the recruitment principles (appointment on merit through fair and open competition). However, complaints must first have been raised to the Insolvency Service

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