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Corporate Finance
Finance
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About the job
Benefits
Things you need to know
Apply and further information
Location
About the job
Job summary
These roles represent a fantastic opportunity for aspiring Finance Professionals to develop their careers in Digital and Cyber delivery programmes, an expanding, high profile, high importance sector of Defence.
Defence Digital Finance values professional qualities and qualifications in its team members who are actively encouraged and supported in developing professional skills and qualifications. Furthermore, colleagues entering these roles will have the opportunity to gain experience across the full range of Financial Management and Project Finance roles, further developing their range of expertise. Candidates embracing this powerful combination of experience and expertise have a fantastic opportunity to develop themselves and their careers.
About the Organisation
Defence Digital is a vital part of the UK Defence effort. We deliver information capabilities to the Armed Forces, with a scope that includes everything from digital, cyber defence, artificial intelligence, data protection and operating complex IT systems to military radios, military satellites and information security. With an annual operating budget in excess of £2Bn and a fantastic diverse team of 2,500 military, civilian and contractors operating across the UK and worldwide, it is a great time to be an information professional in UK Defence! If you can see yourself contributing to the world of Defence ICT we could have the next exciting career opportunity for you.
These job roles may be suitable for hybrid working, which is an informal, non-contractual and voluntary arrangement, blending a balance of attendance in the workplace (your permanent duty station which is based on business assessment of where the work is best done) and working remotely. Travel- Dependent on the ‘tasking’ and business need, there may be a requirement to travel to meetings within the UK and for occasional overseas visits.
This position is advertised at 37 hours per week.
Job description
Person specification
Responsibilites include:
- Line management responsibility of mentoring and supporting junior team members.
- Delivery of In-year Budget and Forecast, coordinating monthly submissions and associated Management Information in line with the consolidated departmental timetable and for review at Finance Manager and Assistant Head level. This includes collaborating with colleagues within the Project/Delivery Team and providing accurate financial information to Project Managers and Delivery Team Leaders.
- Support the production of long-term financial planning submissions looking 10 years ahead (known within the MOD as the Annual Budgeting Cycle - ABC) for review at Finance Manager and Assistant Head level taking account of key elements including, but not limited to: Assumptions, Risk and Options.
- Ensure accounts are robust taking account of the following key elements, including but not limited to: General Ledger management, maintaining Project Accounts, Asset Accounting and Inventory Accounting. Ensure appropriate governance and control is undertaken in accordance with MOD accounting policy and National Audit Office requirements.
- Undertake financial accounting returns and contribute to continuous improvement initiatives including review of Financial Statements and the production of an Audit File for review.
- Scrutinise Business Cases including a Value for Money (VFM) assessment, affordability scrutiny and provide financial concurrence within delegated authority.
- Effectively manage resources within area of responsibility to deliver Defence Digital outputs and individual objectives.
- Understand and review complex Cost Models to support investment decisions and long-term planning ensuring the model is of sufficient quality and is subjected to the appropriate external scrutiny.
Qualifications
Behaviours
We'll assess you against these behaviours during the selection process:
- Leadership
- Changing and Improving
- Delivering at Pace
- Working Together
Technical skills
We'll assess you against these technical skills during the selection process:
- Financial Governance
- In-Year Financial Management
Benefits
- Learning and development tailored to your role
- Flexible working patterns for a work/life balance
- A modern well-equipped workplace with on-site restaurant, coffee shops and sports facilities
- A culture encouraging inclusion and diversity
- A Civil Service pension with an average employer contribution of 27%
- Generous leave allocation
- Please see Benefits Leaflet attached for additional benefits.
Please note: Expenses incurred for travel to interviews will not be reimbursed.
Things you need to know
Selection process details
To apply, please complete the CV and personal statement template provided on the CS Jobs dashboard. It is essential that your statement includes evidence of the following essential criteria and is no more than 1250 words. Each one will be scored 1-7 and make up part of your overall score to assess your suitability to be invited to interview:
Essential Criteria:
- Discuss your understanding of the principles of Finance and Accounting.
- Describe your experience of application of budget management, governance, planning and other financial management techniques including reconciliation of monthly spend.
- Your knowledge of MS Excel and other Microsoft applications as well specific financial management systems.
Behaviours
We'll assess you against these behaviours during the interview process:
- Leadership
- Changing and Improving
- Delivering at Pace
- Working Together
Technical skills
We'll assess you against these technical skills during the interview process:
- Financial Governance
- In-Year Financial Management
The recruitment process will be over two stages. The first stage is a sift, this identifies applicants who appear to be best suited to the role’s requirements from the information provided on the application form. Those who are successful at the sift stage will be invited to the next stage, which will be interview.
Candidates will be required to provide CV details to include: job history; qualification details and previous skills and experience.
Candidates will be required to provide a statement of suitability.
Candidates will be required to complete an online Numerical, Verbal test and Civil Service Judgement test.
The Civil Service Judgement Test is not bankable and therefore must be taken on every vacancy where it is applied.
Should you be invited to complete the online tests, please allow sufficient time to complete the tests and the remainder of the full application form; only candidates who are successful at the test stage will be invited to complete the remainder of the application by clicking ‘Submit Application’. Your application must be completed by 23:55 on the closing date of the vacancy. Late submissions cannot be accepted. The tests are not timed, as they work by giving you harder questions if you answer the previous question correctly, and easier if you get it wrong. You should allow up to an hour for each test, and each test must be completed before you will be invited to complete the second part of your application. Internet access will be required for the duration of the test. Please refer to the attached Candidate Guidance for further information.
Candidates that reach the minimum required pass mark will have their results saved as a banked score against the following tests:
- New Civil Service Verbal Test
- New Civil Service Numerical Test
When a candidate has a banked score, they’re not asked to re-take the same test providing it is set at the same level. Scores will be banked for a 6-month period from the date of test completion. If a candidate is invited to take the same test against multiple vacancies, the banked score will be recognised against all vacancies and all active applications will progress.
CSJT scores cannot be banked as each test is generated from the behaviours required for a specific role which will vary between recruitment campaigns.
If you require any particular arrangements (for example due to a disability or health problem) to be made in order for you to complete the online test you MUST contact the DBS Enquiry Centre on 0800 345 7772 BEFORE accessing the online test.
Opening times Mon -Friday 0800- 1600 hrs.
As a result of the changes to the UK immigration rules which came in to effect on 1 January 2021, the Ministry of Defence will only offer sponsorship for a skilled worker visa under the points based system, where a role has been deemed to be business critical.
The role currently being advertised has not been assessed as business critical and is therefore NOT open to applications from those who will require sponsorship under the points based system. Should you apply for this role and be found to require sponsorship, your application will be rejected and any provisional offer of employment withdrawn.
Feedback will only be provided if you attend an interview or assessment.
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Nationality requirements
Working for the Civil Service
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).
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