Job Description

Details

Reference number

310902

Salary

\xc2\xa366,261

A Civil Service Pension with an average employer contribution of 27%

Job grade

Grade 6

Contract type

Fixed Term
Loan

Length of employment

1 year. Expected start date 01/12/2023

Business area

MHRA - Corporate Group

Type of role

Commercial
Corporate Finance
Finance

Working pattern

Full-time

Number of jobs available

1


Contents

• Location About the job Benefits Things you need to know Apply and further information

Location

Canary Wharf, London
About the job

Job summary

Medicines and Healthcare products Regulatory Agency has an exciting opportunity for an experienced Head of Strategic Finance to join our Strategic Finance Team in the Corporate group. This role is open on level transfer, or on promotion. Civil Servants applying on promotion will be appointed to the salary minimum or within 10% of their existing salary.
This is a full-time (part-time requests of 0.8-0.9 FTE would be considered) opportunity, on a fixed-term/loan/secondment basis for 1 year (expected start date 01/12/2023). The role will be based in 10 South Colonnade, Canary Wharf, London, E14 4PU. Please be aware that this role can only be worked in the UK and not overseas. We are currently implementing a flexible, hybrid way of working, with a minimum of 4 days per month working on site to enable the collaboration and contact with partners and stakeholders needed to deliver MHRA business. Attendance on site is driven by business needs so depending on the nature of the role, this can flex up to 8 days a month, with the remainder of time worked either remotely or in the office. Some roles will need to be on site more regularly. Who are we? The Medicines and Healthcare products Regulatory Agency enhance and improve the health of millions of people every day through the effective regulation of medicines and medical devices, underpinned by science and research. The Finance function was transformed during 2020/21 and is now structured in line with the Government Finance profession standard operating model around Strategic Finance, Finance Business Partnering and Financial Control. All three of these are the responsibility of the Deputy Director Finance. Finance lead on the preparation of the Agency\xe2\x80\x99s statutory accounts, the management of risk and the financial control environment. They support the Audit and Risk Assurance Committee (ARAC) in the coordination of the internal audit plan (provided by the Government Internal Audit Agency) and ensure compliance with all HM Treasury (HMT), Department of Health and Social Care (DHSC), National Audit Office (NAO) and Accounting Standards requirements and guidelines. The team provide management accounting, financial planning and business analysis services and management accounts and additional analysis for ExCo.

Job description

This role within the Finance Division leads the Strategic Finance team of 4 people. The team is responsible for effective strategic and operational modelling, forecasting and analysis to create business and finance insight and support medium to long term decision-making and policy setting at MHRA. The postholder will lead in delivering high-quality advice to the Senior Managers and the Board adding valuable business decision making insight. The Head of Strategic Finance will lead the medium-term financial strategy (Rolling forecast and Spending Review) and short-term (Annual) business planning and budget-setting process and work closely with Directors, Senior Managers and Budget Holders to ensure best practice and financial insight is delivered to inform and support key decisions. This broad role also leads and contributes to an effective performance management and governance process at the Agency by providing transparency to the current and forecast financial performance.
Key responsibilities:

• Performance Reporting \xe2\x80\x93 Input into annual Key Performance Indicators (KPIs), development and delivery of financial information and non-financial KPI\xe2\x80\x99s to the Board, the Executive team, Directors and other senior managers, including tracking progress against KPIs, key projects and programmes.

• Budgeting \xe2\x80\x93 Lead on setting the framework, development and delivery plan for the departmental and consolidated budgets for the Agency. Proactively contribute to cost base reviews and scenario planning.

• Forecasting - Lead on the preparation of regular quarterly and full year financial forecasts for the Agency as a whole, centres and divisions, giving advice to Directors on financial management to achieve agreed budgets, respond to emerging pressures and solve complex financial problems.

• Medium Term Financial Strategy (MTFS) \xe2\x80\x93 Lead on the setting the framework and delivery plan for the Agency\xe2\x80\x99s MTFS, Medium Term Financial Planning and Spending Review Activities. This will include leading on and agreeing key assumptions and data inputs to feed into financial models.

Person specification

Our successful candidate will have a professional qualification (CIPFA, ACCA, CIMA, CFA) and significant experience in Business Partnering, Financial Planning or Decision Support and able to demonstrate how they have driven operational engagement, budgeting and medium to long-term planning. You have led or have had extensive input into a Spending Review process and annual budget setting process, including agreeing key assumptions and data inputs to feed into financial models. You will also have extensive experience of leading high-performance team/s and supporting senior level management as well as have ability to challenge perceptions and influence executive decision-makers to steer them towards to the most effective decision. If you would like to find out more about this fantastic opportunity, please read our and Person Specification!
Benefits

Alongside your salary of \xc2\xa366,261, Medicines and Healthcare Products Regulatory Agency contributes \xc2\xa317,890 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

• Annual Leave: 25 days annual leave on entry, rising by one day for each completed year of service to a maximum of 30 days and pro-rata for part-time staff. PLUS 8 bank holidays
• Privilege Leave: 1 day
• Hours of Work: 37 hours (net) per week for full time staff in all geographical locations, including London and pro rata for part-time staff
• Occupational Sick Pay (OSP): One month full pay/one month half pay on entry, rising by one month for each completed year of service to a maximum of five months full pay/five months half pay
• Mobility: Mobility clause in contracts allowing staff to be mobile across the Civil Service

• Civil Service Pension Scheme. Please see the link for further information http://www.civilservicepensionscheme.org.uk/ For enquiries relating to the Civil Service Pension Schemes please contact MyCSP\'s Pension Service Centre directly on 0300 123 6666
• Flexible working to ensure staff maintain a healthy work-life balance
• Interest free season ticket loan or bike loan
• Employee Assistance Services and access to the Civil Service Benevolent Fund
• Eligibility to join the Civil Service Motoring Association (CSMA)

• Variety of staff and Civil Service clubs
• On-going learning and development

Things you need to know

Selection process details

We use the Civil Service Success Profiles to assess our candidates, find out more here.

• Online application form, including questions based on the Behaviour, Experience and Technical Success Profiles. Please ensure all application questions are completed in full; your application may not be considered if any responses are left blank. Our applications are CV blind, and our Hiring Managers will not be able to access your CV when reviewing your application.
• Interview, which can include questions based on the Behaviour, Experience, Technical and Strengths Success Profiles.

Applicants are assessed on whether they meet any mandatory requirements as well as the necessary skills and experience for the role.
If you require any disability related adjustments at any point during the process, please contact careers@mhra.gov.uk as soon as possible.
Closing date: 10/09/2023 Interview date: W.C. 25/09/2023
If you need assistance applying for this role or have any other questions, please contact careers@mhra.gov.uk
Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.

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.

The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.
Apply and further information

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 Resourcing Team
  Email :
  Careers@mhra.gov.uk

Recruitment team

• 
  Email :
  Careers@mhra.gov.uk

Further information

In accordance with the Civil Service Commissioners\xe2\x80\x99 Recruitment Principles our recruitment and selection processes are underpinned by the requirement of selection for appointment on the basis of merit by a fair and open competition. If you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint, you should contact the Resourcing Team at Careers@mhra.gov.uk, in the first instance. If you are not satisfied with the response you receive you can contact the Civil Service Commission at: civilservicecommission.independent.gov.uk - info@csc.gov.uk - Civil Service Commission Room G/8 1 Horse Guards Road London SW1A 2HQ