Financial Accounting and Reporting | Grade 6

Summary

Role summary

Financial Accounting and Reporting G6s are expected to lead the team through the production of the relevant parts of the statutory financial accounts and estimates at a Strategic level, highlighting the key issues, risks and opportunities to senior stakeholders. They will also lead the production of other formal external reporting outputs, including Estimates Memorandum for Parliament, liaising with Select Committees, and responses to Parliamentary Questions and FOIs.

Typical Role Responsibilities

Financial Accounting and Reporting G6s are expected to lead the team through the production of the relevant parts of the statutory financial accounts and estimates at a Strategic level, highlighting the key issues, risks and opportunities to senior stakeholders. They will also lead the production of other formal external reporting outputs, including Estimates Memorandum for Parliament, liaising with Select Committees, and responses to Parliamentary Questions and FOIs

Entry Route

Only suitable for staff with the required skills from within finance and/or experience in Financial Accounting

Typical Qualifications

Essential:

• Qualified with CCAB, CIMA or equivalent
• Financial experience over an extended period of time

Responsibilities

Tasks

• Providing advice and guidance to their team and senior managers on all aspects of Financial Accounting and Estimates as a recognised expert

• Taking accountability and ownership for the production and management review of the statutory financial accounts .

• Drafting and presenting reports to Audit Committee and other key stakeholders on the key features of the financial accounts and status of key issues and risks in the production of the financial accounts

• Taking accountability and ownership for the submission of Main and Supplementary Estimates and ambits to HM Treasury

• Drafting of the Estimates memorandum for Parliament and of responses to ad hoc Parliamentary Questions and FOIs which relate to external reporting outputs.

• Taking responsibility for producing outputs for Select Committees and liaising with relevant stakeholders

Expectations

Behaviours

For details of Behaviours read the Success Profiles guidance on GOV.UK

• Seeing the Big Picture

• Leadership

• Communicating and Influencing

• Making Effective Decisions

• Delivering at Pace

• Developing Self and Others

Interpersonal Skills

• Ability to lead and motivate a diverse team to deliver challenging objectives against short-time scales

• Develop collaborative relationships with senior managers and key internal stakeholders, communicating with confidence and credibility on complex financial issues

• Develop and manage relationships with external stakeholders including NAO, HM Treasury and Internal Audit

• Ability to successfully manage conflict both internally and externally with stakeholders

Professional Skills

Key for Levels of Professional Skills

A = Awareness

W = Working

P = Practitioner

E = Expert

Qualifications

Essential:

• Qualified with CCAB, CIMA or equivalent

• Financial experience over an extended period of time

• Accelerated qualification is available for G6s and SCS1 with the relevant experience.

Entry and Progression Routes

Entry Routes

Within Finance

This role may be suitable for individuals in the following roles:

• Financial accounting and reporting G7s
• Finance G7s/G6s with excellent team leadership skills and knowledge of technical accounting

From Outside Finance

This role is not suitable for non-finance professionals or individuals without significant previous experience in financial reporting.

Progression Routes

Staff in this role typically move into other G6 roles in Finance, such as Financial Accounting and Reporting SCS1, other Financial Deputy Director roles or SCS roles.