We are seeking to recruit a high calibre individual to join our Financial Frameworks Team and jointly lead the development of our governance, financial and assurance frameworks for academies. The team is at the forefront of establishing financial governance, management, reporting and assurance frameworks for academies, colleges and other training providers, in receipt of funding from the Department.
It is therefore a key team within the Department, playing a fundamental role in preventing the misuse of public funds.
You will be a key member of the Financial Frameworks Team, reporting to our Head of Financial Frameworks.
We are seeking an individual who:
• has a strong interest in financial management/governance and audit/assurance
• considers the big picture and wider factors
• enjoys communicating and collaborating with individuals at all levels and has the confidence to establish mutual respect and trust with senior internal and external stakeholders
• has a high level of professional skill, achieved in a financial governance, management, assurance or technical environment, with knowledge and understanding of auditing and financial reporting standards
This is a key appointment for the Department and part of a programme of investment in staff.
Interested? Then read on!
Department for Education
The Department is responsible for children’s services and education, including early years, schools, higher and further education policy, apprenticeships and wider skills in England. The Department’s vision is to ‘provide world-class education and care that allows every child and young person to reach his or her potential regardless of background.’
Education and Skills Funding Agency (ESFA)
The ESFA is an executive agency, sponsored by the Department for Education, which provides £58 billion of funding for education and training for children, young people and adults. The Agency regulates academies, FE colleges, employers and training providers, intervening where there is risk of failure and / or where there is evidence of mismanagement of public funds.
Further information about the Department can be found at: www.education.gov.uk
About the team
This role is within the ESFA’s Provider Market Oversight Directorate which improves the oversight of education funding and providers and is an expert function that anticipates, detects and prevents the misuse of public money. PMO comprises approximately 160 staff based at DFE sites across the country.
The Financial Frameworks Team, which sits within PMO, is a high calibre team of 10 staff, comprising the Head of Financial Frameworks, 4 managers and 5 senior advisors. The Team is at the forefront of establishing financial governance, management, reporting/accounting and assurance frameworks for academies, colleges and other training providers in receipt of ESFA funds.
ResponsibilitiesAbout the role
You will be a key member of the Financial Frameworks Team, reporting to the Head of Financial Frameworks.
The post is critical to the development of the academies financial governance and assurance frameworks, leading on the development of the Academies Financial Handbook and financial governance/management arrangements, as well as liaising with external stakeholders including academy chief financial officers, accountancy firms and sector/professional bodies.
You will also support the development of the financial reporting and assurance frameworks generally. You will work with colleagues within the team and across the Agency to ensure the financial governance and assurance frameworks align with policy, contractual requirements and funding rules. The role will require you to engage and consult with the relevant sector and professional bodies at a senior level, where you will act as a financial governance lead and an ambassador for PMO, the Agency and the wider Department.
Your main responsibilities will include:
• developing the financial governance and assurance frameworks for the academies sector
• maintaining up to date knowledge of financial governance and management requirements, so that the framework keeps abreast of all relevant developments
• identifying policy initiatives that will impact upon financial governance/assurance requirements and translate these requirements into workable and deliverable guidance
• engaging with sector stakeholders, carrying out effective consultation when introducing and developing financial governance and assurance framework requirements
• overseeing the drafting and publication of key financial governance and assurance framework documents, following appropriate sector consultation, in accordance with the annual assurance cycle (liaising with the other Academies Framework Manager)
• leading on advice to ministers and directors on the financial governance and management framework for academy trusts, including preparation for Parliamentary hearings
• delivering sessions for internal and external stakeholders to promote understanding and compliance with the financial governance and management framework
• providing expert advice to the assurance team and other operational teams within the Agency on financial governance/reporting and audit/assurance issues
• leading our Academies (Stakeholder) Working Group which covers financial governance/assurance and management issues
You will also line manage two senior advisors on the team and two other PMO staff.
• You have a keen interest in financial and governance/assurance and management and enjoy working in those disciplines.
• You look at the big picture and consider the wider factors, but at the same time can be details-focused.
• You enjoy communicating and collaborating with individuals at all levels. You have the confidence to establish mutual respect and trust with senior internal and external stakeholders, building long-lasting relationships.
• You take ownership for your decisions and hold yourself accountable for what you deliver.
• You enjoy developing and mentoring colleagues.
• You want to make a difference.
We are seeking a high-calibre individual with the following relevant experience and professional skills:
• a high level of professional skill, achieved in a financial governance, management, assurance or technical environment
• an understanding of general financial accounting, reporting and audit requirements
• knowledge and understanding of best practice financial governance and management arrangements
• strong writing and drafting skills with the ability to take complex ideas and translate these into clear guidance and briefings for external publication
• effective management and leadership skills, including the ability to influence and negotiate effectively
• strong and effective staff management skills, with an approachable, supporting and challenging style.
• ability to undertake research and collate evidence to support decisions and to create solutions for complex areas of activity
It is not essential, but it would be helpful if you have:
• knowledge of the pre-16 education sector, including financial governance/assurance and management requirements
• knowledge of charity financial management and governance
Holding or studying for a professional accountancy or audit qualification is desirable.
We'll assess you against these behaviours during the selection process:
- Making Effective Decisions
- Seeing the Big Picture
- Communicating and Influencing