Job Description

Details

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Reference number

411523
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Salary

47,895 - 62,699
London 50,748-62,699, National 47,895-58,519


Please ensure that you read the Pay and Reward information for civil service and internal colleagues before applying.
A Civil Service Pension with an employer contribution of 28.97%
GBP
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Job grade

Grade 7
Level 2B###

Contract type

Permanent###

Business area

OFGEM - Corporate Services###

Type of role

Accountancy

Corporate Finance###

Working pattern

Flexible working, 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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We especially welcome applicants from Glasgow and Cardiff.

About the job

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Job summary

At the forefront of the energy transition, Ofgem is working to protect consumers and ensure a fair, affordable and sustainable energy system. We're now looking for a Senior Finance Operations Accountant - Team Manager to ensure our financial operations are transparent, compliant, and equipped to support change across the energy industry.



Ofgem is Great Britain's independent energy regulator. We're at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people.



We're offering a permanent opportunity to lead a vital internal function within our organisation. As part of our Corporate Finance senior team, you'll manage and evolve our finance operations (purchase to pay and order to cash), championing best practice and providing exemplary leadership. This is a high-impact role with the scope to influence decision-making, manage change, and enhance service delivery across our finance landscape.



You'll act in a key capacity, driving day-to-day operations and projects, contributing to instilling robust financial controls, and serving as a trusted partner across the organisation. Your work will play a direct role in ensuring we can achieve our goals.



We're looking for a fully CCAB qualified finance professional with significant post-qualified experience in a senior finance role. You'll bring deep knowledge of technical finance policies and processes, strong leadership skills, and the ability to communicate clearly with technical and non-technical audiences alike. Experience with payment scrutiny, dispute resolution, stakeholder management and third-party funds will also be important.



You'll benefit from working in a dynamic, purpose-driven organisation that champions development and flexibility. We offer a range of value-adding benefits to help you focus on your work and develop your expertise, all while contributing to a collaborative, inclusive environment and helping to shape a culture that sets the standard for public sector bodies.



We have a critical purpose to ensure financial integrity, accountability and operational excellence across Ofgem's finance function. If you're ready to use your skills to influence real change in a vital public organisation, this is your chance to step up.###

Job description

Key Responsibilities

Manage, lead, and direct finance operations team (including direct line management of approx. 2 team leaders) to ensure conducted in an efficient and effective manner Oversee complete, accurate and timely processing and receipt of payments across multiple systems and bank accounts including: Schemes payments (third party money on behalf of other government departments) in line with Service Level Agreements (SLAs) Invoices for accounts payable - supporting internal clients and/or external suppliers as required through to final payment or credit note Raising sales orders for accounts receivable, including biannual licence fee calculation and invoice request as well as annual credit note process Purchase order oversight and support to business through the purchase to pay life cycle including working with requisitioners and procurement in relation to data quality, receipting, amendments, workflows and archiving Actively scrutinise payments and direct the team on disputes and aged balances Set out a clear and compliant process to be followed to give assurance on accuracy and integrity of financial data and records (e.g. bank details, supplier accounts, financial ledgers), overseeing due diligence and spot checks as required Direct process over data security, retention, maintenance and cleanse Manage internal and external finance ops reporting, including responses to freedom of information requests and publication of transparency data Oversee monthly journal and reconciliation process across payment and income categories, ensuring completed to the required standards (supplier statements, bank, trade creditor and debtor) and undertaken on an accurate and timely basis

Key Outputs and Deliverables

Responsible for planning and

managing

the operational finance

team's

resource to ensure it is deployed effectively and able to address priorities Effectively managing

internal control and delivery

risks with emphasis on internal and external

customer service

Management of

core finance operations

g. invoicing team in an efficient and effective manner including advice, scrutiny and processing of payments and underpinned by clear policy and process Accurate, complete and timely calculation/input/ processing of financial

transaction

s, payments, balances, statements and reconciliations in line with

SLAs/KPIs

Timely, accurate and complete transactional finance

reporting

and responsibility to identify and implement/assign recommended corrective course of action Own, update and provide

accounting and tax advice

on finance procedures and practices, issuing relevant Ofgem

guidance, notices and policy updates

as required Playing a key role in

continuous improvement

, developing and implementing appropriate policies and best practice procedures for

change

control working alongside finance systems and data & digital teams Ensure appropriate tracking and reporting of

compliance with

policies

and processes; implement appropriate segregation of duties Support and provide cross-cover to financial accounting team, including annual report and accounts and cash and banking Support and provide cross-cover to financial accounting team, including annual report and accounts and cash and banking ###

Person specification

Role Criteria

Essential:

Fully CCAB qualified with up to date CPD and relevant post qualified experience in a senior finance role (LEAD)

Strong planning and prioritisation skills, with the ability to organise and manage a diverse workload and team Experience in service delivery within an accounts payable/credit control environment including compliance monitoring, dispute resolution, SLAs and KPIs Highly effective leadership, communication and interpersonal skills, with the ability to influence, negotiate and collaborate with a range of staff, customers/suppliers and other stakeholders including auditors. Strong transactional and technical accounting skills, policy ownership and ability to communicate complex financial or tax information and advice clearly and succinctly to a wide range of audiences, including to non-finance colleagues. Banking and cash management /oversight including experience of third-party money - attention to detail is critical Producing key statutory financial reports /knowledge of IFRS and publications or presentation of findings and recommendations to boards or wider business Experience of implementing or managing effective, sustainable change such as implementing a new process or control, modifying and improving behaviours. ###

Qualifications

CCAB Fully Qualified###

Behaviours

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


Changing and Improving Leadership Working Together Managing a Quality Service ###

Technical skills

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


Please refer to the Candidate Pack and Role Profile attached for full details.

Benefits

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Alongside your salary of 47,895, OFGEM contributes 13,875 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working, flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Things you need to know

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Selection process details

This vacancy is using Success Profiles , and will assess your Behaviours, Experience and Technical skills.
When you press the 'Apply now' button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.


You will then be asked to provide a 1250 word 'personal statement' evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities.


The Civil Service values honesty and integrity and expect all candidates to abide by these principles. Ofgem take any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process.



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

Security

Successful candidates must undergo a criminal record check.
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
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Working for the Civil Service

The Civil Service Code sets out the standards of behaviour expected of civil servants.



We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles .
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.###

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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This vacancy is part of the Great Place to Work for Veterans initiative.
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 : Lucy Dowding Email : recruitment@ofgem.gov.uk
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Recruitment team

* Email : recruitment@ofgem.gov.uk