Finance, Reporting and Risk Lead - London, United Kingdom - Department for Business and Trade

Department for Business and Trade
Department for Business and Trade
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Details:


Reference number:


Salary:

- £53,560 - £63,481
  • National: £53,560 £60,118; London: £57,026 £63,481
  • A Civil Service Pension with an average employer contribution of 27%
    Job grade:
  • Grade 7
    Contract type:
  • Fixed term
    Length of employment:
  • 2 years.
For existing Civil Service employees, this will function as a 2-year loan from your home department
Business area:


  • DBT
  • DG DIME
  • Business Growth
  • The Office of the Small Business Commissioner (OSBC). The OSBC is an Arms Length Body that was set up by the Government under the Enterprise Act 2016.
The OSBC is sponsored by the Department for Business and Trade, with a sponsorship team sitting in th
Type of role:


  • Finance
    Working pattern:
  • Flexible working, Fulltime, Job share, Parttime
    Number of jobs available:
  • 1Contents
Location

About the job


Benefits:

Things you need to know

Location

  • Belfast, Birmingham, Cardiff, Darlington, Edinburgh, London, SalfordAbout the job

Job summary:


The Office of the Small Business Commissioner (OSBC) is an Arm's-length body set up by the Government under the Enterprise Act 2016.

The purpose of the office is to tackle late payment and unfavourable payment practices in the private sector.

We offer a dispute resolution service for small suppliers in dispute with their bigger customers about payments, and provide general information and support to small businesses, and signpost them to other appropriate existing services.

We aim to encourage a culture change in payment practices and how businesses deal with each other, and we are looking for talented people to help us achieve that aim.


The OSBC is seeking an experienced and skilled finance professional to produce our Annual Report and Accounts and to lead our NAO and Internal Audits.

The post holder will also be required to provide good financial management of the running costs as well as providing oversight and direction on Programme budgets ensuring accurate preparation of accounts, grant-in-aid claims and financial forecast.


Your pivotal role will involve overseeing the production of the annual reports and accounts, contributing to the efficiency, resilience, and capability of the business, managing the organisation's risk assessments, mitigations and register, and leading the organisation through external and internal audits.

You will also provide finance and management accounting support and process the monthly grant-in-aid budget requirements.


This contribution will be achieved through the implementation of robust assurance practices and fostering collaborative relationships with the DBT sponsorship and Finance teams as well as internal and external stakeholders.


The post holding will also have line management responsibility for the OSBCs casework function and be responsible for ensuring the Small Business Commissioner discharges it legislative responsibility for complaints effectively.


Job description:


Responsibilities

Coordination of Internal and External Audits:

  • Work closely with internal teams and various stakeholders including the Department for Business and Trade Partnership and Sponsorship teams and the National Audit Office (NAO) to produce accurate and timely annual reports and accounts.
  • Organising and responding to internal audits.
  • Evaluating systems and processes designed to manage financial and nonfinancial risks, ensuring alignment with audit requirements.

Communication and Reporting:

  • Communicate the end of year performance of systems and processes effectively to organisational leaders.
  • Providing recommendations for improvement based on audit findings.
  • Lead on the updating of all corporate reporting, including the Management Information pack and risk management system ensuring it is accurate, robust, meaningful, transparent, and easily digestible to aid decisionmaking and planning.

Departmental Financial Reporting:

  • Working with core Department and partner organisations in financial accounting and reporting matters.

Financial Management:

  • Supporting in providing financial information or data gathering for FOIs/PQs.
  • Preparing financial reports and management information packs.
  • Handling finance and resourcing commissions from Cabinet Office and DBT.
  • Manage programme budget and forecasts, also overseeing the production of accurate grantinaid claims for DBT clearance and UKSBS drawdowns.
  • Maintaining an effective financial management programme to ensure timely and accurate processing of transactions and payments.

Casework function:

  • Responsibility for ensuring the Small Business Commissioner discharges its legislative complaints responsibilities.
  • Oversees the casework team and establishing processes for effectively managing and reporting on casework.
  • Line management responsibility for the Business Manager and the Casework Manager.

Person specification:

The person appointed to this critical role will have the ability to
More jobs from Department for Business and Trade
See all jobs of Department for Business and Trade