Assistant Director, Financial Control

The Competition and Markets Authority (CMA) is seeking an Assistant Director, Financial Control to provide senior technical leadership for Financial Accounts at the CMA, ensuring robust statutory reporting, compliance with accounting standards, and effective financial controls

About the CMA

We help people, businesses, and the UK economy by promoting competitive markets and tackling unfair behaviour. Our work is wide ranging, ambitious and often new and challenging.

Its a fascinating time to be at the heart of competition and consumer protection as our lives become increasingly digital and society grapples with the unique power of large technology firms.

We are fully committed to being a flexible, respectful and inclusive employer. It is a priority to make our workforce as diverse as possible, and we welcome applications from under-represented groups.

You can read more about working at the CMA in ourcandidate pack

The Assistant Director, Financial Control is a key leadership role within CMAs finance team.

Working collaboratively with the Assistant Finance Director (Strategic Finance) and other Grade 6 leaders, the Assistant Director, Financial Control supports the Director of Finance, Risk, and Business Reporting by ensuring that financial accounting is integrated with business reporting, risk management, and performance frameworks to support evidence-based decision making. The role contributes to embedding financial accountability across the CMA, supporting the business partnering approach by ensuring robust financial controls and statutory reporting underpin the finance function's strategic advisory role.

This role owns delivery of the Resource Accounts & Trust Statement, manages the relationship with the National Audit Office (NAO) on financial audit, and provides authoritative assurance to the Audit and Risk Assurance Committee (ARAC) and the Board on complex accounting matters including digital markets competition regime levy (SMS Levy), International Financial Reporting Standards (IFRS) 16, asset revaluations and Task Force on Climate-related Financial Disclosures (TCFD) disclosures.

By leading Business Process and Systems Improvement (BPSI) workstreams for financial systems improvements and ensuring the quality of the Financial Accounts team, this role strengthens financial governance and enables the finance function to provide leadership insights into CMAs strategic priorities.

For full role responsibilities, please review the attached role profile.

To find out more about this role and the CMA please join our drop in session on MS Teams on Friday 5th June from 10.00 - 10:30 am:

https://teams.microsoft.com/meet/370205920068550?p=o7h6VJXfqWFcdNK80A

Meeting ID: 370 205 920 068 550

Passcode: HJ3BK6w4

It is essential that you can provide evidence and examples for each of the following selection criteria in your application. For tips on how to make the most your application, please have a look at our guidance document.

Essential:

• Demonstrable experience of leading the production of statutory accounts in a large and complex organisation in accordance with Financial Reporting Standards, including direct ownership of the audit process through to clearance and sign-off (Lead Criteria).
• Deep technical accounting expertise with the ability to provide clear, authoritative advice to Accounting Officers and senior governance forums (Lead Criteria).
• Substantial experience communicating and working at a senior level providing financial assurance to Audit and Risk Assurance Committees and Accounting Officers, including managing internal and external audit relationships and communications and closing audit findings.
• Significant experience leading and developing finance professionals and a related function, with accountability for transactional finance operations and delivery of system or process improvements that strengthen financial control and governance.
• Experience of developing and owning Accounting Policies for complex organisations.

Desirable:

• Central government finance experience, including application of IFRS within the Financial Reporting Manual (FReM) context, adherence to Managing Public Money, and working within HM Treasurys budgeting frameworks.