Job Description

Details

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Reference number

435874

Salary

45,536 - 46,701
A Civil Service Pension with an employer contribution of 28.97%
GBP

Job grade

Senior Executive Officer

Contract type

Permanent

Business area

Financial Assessment

Type of role

Accountancy

Audit

Finance

Working pattern

Full-time

Number of jobs available

1

Contents

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

Location

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BS34 8SR

About the job

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Job summary

The Office for Students (OfS) exists to ensure that English higher education offers the best experience and the best value - for students, for taxpayers, for the economy and for the public good. It is the independent regulator of higher education in England - we regulate higher education on behalf of all students. Our vision is that every student, whatever their background, has a fulfilling experience of higher education that enriches their lives and careers.

Job Summary

Would you like a finance role without the same monthly accounting processes again and again? Then this role in our Financial Assessment team might be the role for you! You will learn and apply the OfS' approach to assessing the financial viability and sustainability of higher education providers, joining a high performing team of accountants that help and support each other and the wider directorate to get the work done. You will enjoy a variety of work, where each assessment is different and no month is ever the same!

Job description

The main purpose of the role is to undertake financial analysis based on complex data supplied by the regulated providers, information available about them in the public domain and the general knowledge regarding macroeconomic conditions in which the providers operate, to make judgements on their financial strength. This analysis is key in supporting the OfS's regulatory decisions, so the postholder will write evidence-based assessments that are intelligible for non-experts, and deliver crucial financial insight and recommendations to decision-makers.


The role therefore requires engagement with internal stakeholders, but it also involves interactions with external stakeholders, when necessary to support the decision making. In addition the role will provide an opportunity to input into improving the systems and processes that deliver services to providers.

Person specification

The Key person attributes to fulfil this role are:

Qualified or part-qualified accountant (or equivalent finance background) Ability to communicate complex financial issues effectively, orally and in writing Ability to understand, interpret and identify risks in financial performance in diverse types of organisations Ability to reach and convey reliable and challenge-proof judgements to non-specialists on the basis of complex and imperfect information Ability to work with high levels of complexity and ambiguity Experience and expertise in financial analysis is desirable Experience of higher education sector or in another regulatory role is desirable Ability to work collaboratively and flexibly in a complex environment to deliver the team's functions

Benefits

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Alongside your salary of 45,536, Office for Students contributes 13,191 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.Learning and development tailored to your role An environment with flexible working options A culture encouraging inclusion and diversity A Civil Service pension with an employer contribution of 28.97%

Things you need to know

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Selection process details

Enablers

The Office for Students currently uses enablers to evaluate your strengths and ask that your application describes what you've done and how you've done it. The enablers for this role are:

Knowledge and Learning

Maintains a comprehensive knowledge and understanding of the regulatory context for the OfS's work and shows desire to continue their learning. Maintains the professional knowledge necessary to deliver the team's financial assessment functions

Planning

Works collaboratively with others to resolve competing demands, and copes with changing priorities in a flexible and proactive way Identifies risk to plans and delivery Demonstrates a readiness to contribute to decision-making and to take the initiative and originate action in circumstances where norms are already established Continually volunteers for new work and projects. Demonstrates ability to work under pressure or to tight time scales.

Communication

Provides written financial assessments and is able to verbally explain financial matters to non-financial colleagues. Provides actionable technical and professional feedback to colleagues on financial assessment matters Writes in a clear and concise manner, using appropriate grammar, style and language, which is tailored for the reader. Writing will set out financial assessments in a way that is evidence-based, intelligible for non-experts, and provides confidence to decision-makers Communicates clearly and fluently to individuals and small audiences, using appropriate style and language, and with good presentation skills

Relationships

Demonstrates a confident and co-operative style and deals effectively with people at all levels to build positive working relationships Maintains credibility with other teams in the directorate and with external contacts Maintains effective work behaviour in the face of setbacks or pressure and remains calm and professional in such circumstances


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

Security

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

Nationality requirements

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) 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

Working for the Civil Service

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.

Diversity and Inclusion

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 and the Civil Service Diversity and Inclusion Strategy .

Apply and further information

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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

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Job contact :

Name : The Recruitment Team Email : recruitmentteam@officeforstudents.org.uk Telephone : 0117 931 7444
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Recruitment team

Email : recruitmentteam@officeforstudents.org.uk

Further information

https://www.officeforstudents.org.uk/