Established in 2018, the Government Property Agency is the largest property holder in government, with more than £2.1 billion in property assets and over 55% of the government’s office estate.
We are transforming the way the Civil Service works by creating great places to work, leading the largest commercial office programme in the UK, working towards halving carbon emissions from government offices, and achieving greater value for taxpayers. We are looking for innovative, solutions-focused people to join our team.
Representing the best covenant in the UK – His Majesty’s Government – we are leading ground-breaking programmes such as the Government Hubs Programme, Whitehall Campus Programme and Net Zero Programme, as well as delivering modern and cost-effective real estate service solutions.
Innovation and progress are at the heart of our behaviours. We foster a culture of lifelong learning, where curiosity and self-improvement are encouraged and we’re dedicated to becoming a leading, inclusive employer both in the external market and throughout the Civil Service. Our strong emphasis on Equity, Diversity, and Inclusion (EDI) is not just about driving inclusion across our organisation, it is also about ensuring our services meet the needs of government departments and the civil servants who use our spaces.
The GPA is committed to representing the communities we serve by making Diversity, Equality and Inclusion part of everything we do.
To ensure that we are always recruiting and retaining a diverse mix of talent, we are particularly inviting applications from candidates who are disabled, ethnically or gender diverse, and people who identify as being part of the LGBTQ+ community.
The IFRS16 Lead will be responsible for delivering the GPA’s complex IFRS16 technical accounting, undertaking calculations, validations and checks across all the GPA’s IFRS16 accounts and balances. The role will contribute to a comprehensive overhaul of IFRS16 processes, systems, reporting, budgets and forecasting which will progress to designing, implementing and embedding substantial improvements. It will also involve significant interaction with the National Audit Office to support the annual audit of the 2024/25 Annual Report and Accounts, working seamlessly with the Financial Reporting and Accounts team. The production of budgets and forecasts will require cross directorate working and strategic alignment with the wider business, which will mean building strong working relationships across teams.
This role will report into the Head of IFRS16.
Key Responsibilities
* Ownership of the GPA’s technical IFRS16 accounting calculations, performing accurate and technically correct IFRS16 calculations for all relevant lease events, undertaking verifications, validations and checks.
* Monthly reporting of IFRS16 financial performance, risks and opportunities (RDEL & CDEL).
* Production of critical information to support annual budgets and monthly forecasts for IFRS16. This will form part of SR bidding and Estimates, submissions to Cabinet Office & HMT. Respond to queries arising.
* Support systems improvements behind IFRS16 accounting including accounting ledgers for IFRS16 transactions. Working with GPA’s outsourced Property Partner and supporting the development of accounting systems to ensure that IFRS16 accounting is accurate.
* As required, supporting the production of GPA business cases/investment appraisals and ensuring that IFRS16 calculations are accurate.
* Business partnering across GPA Directorates to ensure that IFRS16 impacts are understood and incorporated into all decision making.
* Providing IFRS16 advice to finance and non-finance stakeholders across GPA. Supporting IFRS16 training across GPA Finance. Working towards becoming a subject matter expert on the application and reporting of IFRS16.
Proud member of the Disability Confident employer scheme
Disability Confident
About Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident .