Contents Location About the job Benefits Things you need to know Apply and further information Location Remote working (anywhere in the UK) About the job Job summary A key role managing the daily operation of financial controls, reconciliations and treasury related activity. The role-holder controls and monitors all banking administration, completes month-end reconciliations and supports the preparation of the annual report and accounts and year-end audit file, ensuring strong financial management and controls are in place. Working with teams across IPSA and third-party stakeholders, the role-holder is responsible for reconciliations and treasury management, aiding the Financial Controller and Financial Reporting Manager to create a robust financial management and controls environment. The role-holder supports the month-end and year-end processes, the production of statutory annual financial statements and internal and external audits and is the main contact for the debt collection agency and other key stakeholders such as HMT, HMRC and the House of Commons. This role sits within the Finance Directorate and reports to the Financial Controller but works closely with the Finance Business Partners, Management Accountant, MP Services and the Payroll team. Job description Key responsibilities Month end: supporting the month-end timetable, preparing and posting General Ledger journals, preparing c.40 balance sheet accounts and salary control account reconciliations, investigating and problem-solving reconciliations efficiently, monitoring and reconciling cash payments and liaising with the NAO. Treasury management: responsible for all banking administration and monitoring, ensuring timely, accurate processing of transactional data and preparation of the monthly bank reconciliation. HMT Forecasting and Drawdowns: forecasting monthly drawdowns and submitting relevant returns on the Online System for Central Accounting and Reporting. Payments: supporting the Accounts Payable team by performing simple system-based checks and approvals, ensuring segregation of duties for payment runs. Payroll: facilitating month-end reconciliation of Payroll related accounts, analysing data on deductions before month-end. Debt management: accountable for the relationship with the debt collection agency, monitoring new collections and seeking updates on monies recovered, as well as managing write offs. Accounts preparation: supporting the Financial Controller to prepare and produce monthly, quarterly and year-end annual report and accounts, collating back-up evidence or responses to queries from internal and external auditors (NAO). Stakeholder Management: build and maintain strong relationships with IPSAs key stakeholders, providing an accurate and efficient service, promptly resolving all banking and general accounting/finance queries and issues. Accounting Regulation: ensuring IPSAs finances are appropriately administered, processed, and monitored in line with the Financial Reporting Manual (FReM) and relevant accounting standards and controls. Continuous improvement: initiating and implementing continuous improvements to the treasury, month-end and year-end processes, and control account reconciliations, creating simple operating procedures and supporting autonomous IPSA and Finance projects and other tasks, as required. Values: Bringing IPSAs core values of Staying Connected, Seeing the Bigger Picture, Being Open, Doing the Right Thing and Making a Difference to life through behaviours and action. IPSA is a learning organisation. We constantly review our work against our customers need and assess the environment in which we operate so that we can continuously improve. Therefore, the list of key responsibilities may adapt and change over time within the spirit and nature of organisational change and the development of the role. Person specification Youll be a pragmatic problem-solver and proactively investigate financial queries, some of which are complex in nature. Youll be confident in your ability and happy working on your own initiative, but youll know when to seek help. Youll have laser sharp attention to detail and take pride in the finance data to ensure its right first time, every time. Youll be adept at managing your own workload with little supervision and juggling several strands of work to deadlines and youll be comfortable holding yourself to account to achieve outstanding results, responding positively to setbacks and feedback. Through high collaboration, youll work with busy teams to seek insight and clarity, and youll generously share your knowledge with others to improve their financial awareness and acumen. Your ability to build positive and constructive relationships will be paramount to your success. Your boundless energy will bring passion and commitment to the Finance team and relentlessly support IPSAs strategic objective of delivering financial value. The experience and technical level required for the role, along with personal qualities, skills, attributes, and qualifications (where relevant) are listed below. Essential Qualified or part qualified accountant and member of CCAB. Sound financial control and debt management skills with substantial proven experience in preparing complex account reconciliations. Exceptionally strong attention to detail and strong data skills with the ability to interrogate and interpret complex financial data. Able to work collaboratively and be accountable for achieving great results, managing multiple workstreams simultaneously. Resilient and performs well under pressure, responding constructively to setbacks and feedback from all areas of the organisation. Adept at communicating complex and challenging financial information to people of all levels, challenging others constructively. Proactive and flexible, adapting quickly to changing situations and taking the initiative to respond to the needs and priorities of others. Self-aware, recognising own limits, acting on feedback from others and knowing when to seek support and guidance. High initiative and a flexible approach to work and change, flexible in supporting ad hoc work across the organisation. Able to develop learning agility, demonstrate an ability to be successful in new and different situations, and exhibit inter-personal flexibility. Desirable Continuously improves core processes and systems to improve the quality of IPSAs and the Finance teams work. Passionate about improving the financial awareness and acumen of others. Strong coaching and feedback skills to help develop others. Benefits Alongside your salary of £40,492, Independent Parliamentary Standards Authority contributes £11,730 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides. A competitive salary which is regularly benchmarked against industry. Hybrid and flexible working, with occasional travel to our London office for team meetings Generous contributions into a Civil Service pension. 25 days holiday entitlement ( bank holidays), increasing by 1 day each year up to 30 days. Option to purchase additional holiday days each year. Access to learning and development tailored to your role with coaching opportunities. Working in a high-performing organisation which supports democracy with a great team ethic. A culture encouraging equity, diversity and inclusion. Time in your work to time to participate in our inclusive workplace networks. Mental Health First Aid network and access to our EAP Enhanced family leave provisions Workplace awards programme for living IPSAs values and innovative ideas. Season ticket/rent deposit loans. Cycle to work scheme. Volunteering days and you time. Things you need to know Selection process details Interview timeline If you're selected for interview this will be virtual and will take place on Microsoft Teams, so youll need access to a secure WIFI network and a private space. Timeline As part of the interview, you'll be asked to complete a 45-minute task, which will be timed. This will take the form of a balance sheet reconciliation on Excel. We will be assessing your data skills, along with you ability to interrogate and interpret complex financial data, and how well you perform in a time-restricted task which is reflected of the environment and level at which we expect this role to operate. You'll then be expected to feedback and respond to questions about your process and methodology. Interview Our interviews are competency and values-based. Well ask you a series of questions designed to help assess your suitability for the role and for IPSA. The closing date for this role will be 16 February 2025, so we encourage you to submit your application without delay. Shortlisting will take place in w/c 17 February 2025. Interviews will take place on 24 and 25 February 2025 - please make a note of these dates in your diary as we will be operating a tight interview schedule. Ready to apply? Great Just click apply to be directed to our recruitment platform, hosted by Be Applied. Feedback will only be provided if you attend an interview or assessment. Security Successful candidates must undergo a criminal record check. Successful candidates must meet the security requirements before they can be appointed. The level of security needed is counter-terrorist check (opens in a new window). See our vetting charter (opens in a new window). People working with government assets must complete baseline personnel security standard (opens in new window) checks. 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) (opens in a new window) 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 (opens in a new window) Working for the Civil Service The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants. 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). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. Diversity and Inclusion The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window). Apply and further information This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative. Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records. Contact point for applicants Job contact : Name : The People Team Email : peopletheipsa.org.uk Recruitment team Email : peopletheipsa.org.uk Attachments Reconciliations_and_Treasury_Manager_February_2025 Opens in new window (pdf, 142kB) Apply at advertiser's site Share this page Print Email Gmail Facebook LinkedIn