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Senior Financial Operations Accountant - Team Manager

Ofgem ECO Reporting Working Group

Cardiff

On-site

GBP 45,000 - 55,000

Full time

3 days ago

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Job summary

Ofgem is seeking a Senior Financial Operations Accountant - Team Manager to lead financial operations, ensuring transparency and compliance in finance practices. This permanent role involves managing a finance operations team, driving initiatives, and contributing to significant decision-making within the organization. Ideal candidates will possess a CCAB qualification and substantial experience in senior finance roles, delivering operational excellence while championing development within a dynamic, purpose-driven environment.

Benefits

Range of value-adding benefits

Collaborative and inclusive environment

Qualifications

Fully CCAB qualified with up-to-date CPD and relevant post-qualified experience in a senior finance role.
Strong transactional and technical accounting skills, policy ownership.
Experience in service delivery within an accounts payable/credit control environment.

Responsibilities

Manage and lead finance operations team ensuring efficient operations.
Oversee processing and receipt of payments across multiple systems.
Lead on purchase to pay policy and guidance.

Skills

Leadership

Communication

Attention to detail

Education

CCAB qualification

Senior Financial Operations Accountant - Team Manager

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Senior Financial Operations Accountant - Team Manager

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This range is provided by Ofgem. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from Ofgem

At the forefront of the energy transition, Ofgem is working to protect consumers and ensure a fair, affordable and sustainable energy system. We’re now looking for a Senior Finance Operations Accountant – Team Manager to ensure our financial operations are transparent, compliant, and equipped to support change across the energy industry.

We’re offering a permanent opportunity to lead a vital internal function within our organisation. As part of our Corporate Finance senior team, you’ll manage and evolve our finance operations (purchase to pay and order to cash), championing best practice and providing exemplary leadership. This is a high-impact role with the scope to influence decision-making, manage change, and enhance service delivery across our finance landscape.

You’ll act in a key capacity, driving day-to-day operations and projects, contributing to instilling robust financial controls, and serving as a trusted partner across the organisation. Your work will play a direct role in ensuring we can achieve our goals.

We’re looking for a fully CCAB qualified finance professional with significant post-qualified experience in a senior finance role. You’ll bring deep knowledge of technical finance policies and processes, strong leadership skills, and the ability to communicate clearly with technical and non-technical audiences alike. Experience with payment scrutiny, dispute resolution, stakeholder management and third-party funds will also be important.

You’ll benefit from working in a dynamic, purpose-driven organisation that champions development and flexibility. We offer a range of value-adding benefits to help you focus on your work and develop your expertise, all while contributing to a collaborative, inclusive environment and helping to shape a culture that sets the standard for public sector bodies.

We have a critical purpose to ensure financial integrity, accountability and operational excellence across Ofgem’s finance function. If you’re ready to use your skills to influence real change in a vital public organisation, this is your chance to step up.

Key Responsibilities

Transactional Finance and reporting – manage the team

Manage, lead, and direct finance operations team (including direct line management of approx. 2 team leaders) to ensure conducted in an efficient and effective manner
Oversee complete, accurate and timely processing and receipt of payments across multiple systems and bank accounts including:
Schemes payments (third party money on behalf of other government departments) in line with Service Level Agreements (SLAs)
Invoices for accounts payable – supporting internal clients and/or external suppliers as required through to final payment or credit note
Raising sales orders for accounts receivable, including biannual licence fee calculation and invoice request as well as annual credit note process
Purchase order oversight and support to business through the purchase to pay life cycle including working with requisitioners and procurement in relation to data quality, receipting, amendments, workflows and archiving
Actively scrutinise payments and direct the team on disputes and aged balances
Set out a clear and compliant process to be followed to give assurance on accuracy and integrity of financial data and records (e.g. bank details, supplier accounts, financial ledgers), overseeing due diligence and spot checks as required
Direct process over data security, retention, maintenance and cleanse
Manage internal and external finance ops reporting, including responses to freedom of information requests and publication of transparency data
Oversee monthly journal and reconciliation process across payment and income categories, ensuring completed to the required standards (supplier statements, bank, trade creditor and debtor) and undertaken on an accurate and timely basis

Financial oversight and service delivery

Lead the finance operations service provision and strive for continuous improvement and finance transformation, with a view to defining SLAs and monitoring via Key Performance Indicators (KPIs): seeking feedback, promptly addressing issues and ensuring that processes or ways of working are adapted, and stakeholders are consulted and informed where there is a change or impact
Lead on review and approval of payments including BACS runs promptly and accurately, ensure underlying processes are fit for purpose
Provide advice in line with managing public money, including advance of need assessments, special payments, compliance with cabinet office controls and identification of financial losses
Lead on purchase to pay policy and guidance; ensure there is appropriate support within Ofgem and for external suppliers to comply with the process
Lead on improving the sales order process including a reconciliation of income to associated costs, working with financial accounting and finance business partners.
Respond to ongoing queries regarding licence fee or new licencing regimes and support proposals for future consultations on cost recovery principles and/or underlying licence conditions
Responsible for developing and embedding a robust financial control environment for financial operations, ensuring Standard Operating Procedures (SOPs) are in place with appropriate controls (e.g. segregation of duties) and sufficient monitoring tools in place to highlight non-compliance and eliminate financial control weaknesses
Be a key influencer in defining the needs in any system change or process improvement in relation to purchase to pay, order to cash and general ledger/chart of accounts setup
Relationship lead on financial operations accounting queries – e.g. from internal or external audit.
Oversee risk management process in operational finance to ensure financial risks are identified and managed in line with risk register, creating and managing mitigations as required.
Updates to internal policies and guidance – interacting in cross-government forums and centres of excellence to keep abreast of latest developments
Providing advice on policies, guidance and papers/policy proposals (e.g. travel and expense policy, classifications, accounting officer assessments)
Internal advice on output VAT applicable to sales invoices to be raised
Support and cover Senior Financial Accounting Manager as required in relation to:
Preparation and audit of year end accounts (Annual Report & Accounts and Whole of Government Accounts), supply estimates and spending review in line with technical & government accounting requirements
Support oversight of Ofgem bank accounts (30) including banking access, internal/external transfers in and out, cash forecasting and procurement cards
Internal tax advice (including VAT on purchase contracts and potential PAYE impacts of pay and benefits)

Key Outputs and Deliverables

Responsible for planning and managing the operational finance team's resource to ensure it is deployed effectively and able to address priorities
Effectively managing internal control and delivery risks with emphasis on internal and external customer service
Management of core finance operations. invoicing team in an efficient and effective manner including advice, scrutiny and processing of payments and underpinned by clear policy and process
Accurate, complete and timely calculation/input/ processing of financial transactions, payments, balances, statements and reconciliations in line with SLAs/KPIs
Timely, accurate and complete transactional finance reporting and responsibility to identify and implement/assign recommended corrective course of action
Own, update and provide accounting and tax advice on finance procedures and practices, issuing relevant Ofgem guidance, notices and policy updates as required
Playing a key role in continuous improvement, developing and implementing appropriate policies and best practice procedures for change control working alongside finance systems and data & digital teams
Ensure appropriate tracking and reporting of compliance with policies and processes; implement appropriate segregation of duties
Support and provide cross-cover to financial accounting team, including annual report and accounts and cash and banking
Support and provide cross-cover to financial accounting team, including annual report and accounts and cash and banking

Person specification

Role Criteria

Fully CCAB qualified with up to date CPD and relevant post qualified experience in a senior finance role (LEAD)
Strong planning and prioritisation skills, with the ability to organise and manage a diverse workload and team
Experience in service delivery within an accounts payable/credit control environment including compliance monitoring, dispute resolution, SLAs and KPIs
Highly effective leadership, communication and interpersonal skills, with the ability to influence, negotiate and collaborate with a range of staff, customers/suppliers and other stakeholders including auditors.
Strong transactional and technical accounting skills, policy ownership and ability to communicate complex financial or tax information and advice clearly and succinctly to a wide range of audiences, including to non-finance colleagues.
Banking and cash management /oversight including experience of third-party money – attention to detail is critical
Producing key statutory financial reports /knowledge of IFRS and publications or presentation of findings and recommendations to boards or wider business
Experience of implementing or managing effective, sustainable change such as implementing a new process or control, modifying and improving behaviours.

Further information about the role and application process can be found via Civil Service Jobs. Click apply to be redirected.

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Full-time

Job function

Job function
Finance and Accounting/Auditing
Industries
Utilities and Government Administration

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