JOB SUMMARY

In recognition of the hurt caused by the infected blood scandal and highlighted by the Infected Blood Inquiry, the government has accepted the moral case for a compensation scheme to pay compensation to those infected and affected. This is being delivered by the new Infected Blood Compensation Authority (IBCA).
This role offers a unique opportunity to lead on the production of IBCA’s annual report and accounts and ensure the integrity of IBCA’s financial activities. You’ll drive the annual report and accounts, lead engagement with internal and external auditors, oversee policy and technical accounting, and ensure underlying information and ledgers are accurate.

JOB DESCRIPTION

The Financial Accounting & Reporting Lead in IBCA will report to the IBCA Head of Finance. You will be expected to take ownership for delivery of external reporting, including the annual report and accounts and audit process and manage internal audit engagements. You’ll ensure integrity to the numbers and processes undertaken to reach them in a new organisation as it establishes itself, as well as providing technical expertise and updates to non-finance staff. This role requires an experienced accountant; someone proactive with an eye for detail, good at managing completing priorities and planning ahead, helping a wide range of stakeholders come together to deliver a complex project.
You will manage an SEO financial accountant and will work closely with the wider finance team. As such, the ability to manage others is key, as is supporting professional development. Managing a range of deliverables in a timely manner is essential. To support the organisation rapidly establish its processes and deliver to tight timescales, this role will from time to time require flexibility to assist with the wider finance deliverables.

Supported by an SEO, you will be responsible for:

• Leading the annual report and accounts (ARA) and audit, leading production within the organisation and with external stakeholders as required;
• Leading on defining and maintaining accounting policies and controls;
• Monitoring the position of material balances, including the provisions related to the compensation scheme;
• Support organisational governance and work closely with the ARAC to provide required updates;
• Manage internal audit processes, ensuring they are completed to required standards, liaising with relevant stakeholders to deliver a robust control environment;
• Ensuring general ledger integrity;
• The provision of technical accounting advice;
• Correct capital determination and ongoing treatment;
• Collaborative working with sponsor department on Whole of Government Accounts submissions.

QUALIFICATIONS

You must hold a full chartered level professional qualification awarded by a UK-recognised accountancy body: CIMA, ICAEW, ACCA, CIPFA, ICAS and Chartered Accountants Ireland.

TECHNICAL SKILLS

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

• Understanding of the accounting standards, including IFRS and ideally the FReM.

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

Supported by an SEO, you will be responsible for:

• Leading the annual report and accounts (ARA) and audit, leading production within the organisation and with external stakeholders as required;
• Leading on defining and maintaining accounting policies and controls;
• Monitoring the position of material balances, including the provisions related to the compensation scheme;
• Support organisational governance and work closely with the ARAC to provide required updates;
• Manage internal audit processes, ensuring they are completed to required standards, liaising with relevant stakeholders to deliver a robust control environment;
• Ensuring general ledger integrity;
• The provision of technical accounting advice;
• Correct capital determination and ongoing treatment;
• Collaborative working with sponsor department on Whole of Government Accounts submissions