At UK Government Investments (UKGI), we create value for society from government’s most complex commercial interests. What we do is unique, and so are we. Wholly owned by HM Treasury (HMT), our team comprises 150 experts drawn from the public and private sectors who work together to provide high quality advice to departments.

The Role

The UKGI Finance function is a small team within UKGI, comprising the Chief Financial Officer, the Head of Finance and a Finance Assistant. In addition to managing UKGI’s budget and day-to-day financial operations, the team provides expertise across UKGI, including risk and compliance, procurement and IT.
The current vacancy is for an Assistant Finance Manager to manage UKGI’s day-to-day financial operations. The successful candidate will also work closely with the Head of Finance and CFO in preparing the Annual Report and Accounts, monthly updates to the Board and Senior Management, and other management and statutory information.

This role is available on a part-time basis, and can be between 3 and 4 days a week depending on your preference and experience.


Key Responsibilities:

1. The management UKGI’s month-end finance cycle, including processing of journals, accruals, reconciliations and preparation of management accounts
2. Responsibility for the Purchase to Pay process for UKGI including raising and receipting purchase orders as appropriate. Lead on raising sales invoices for recovery of costs ensuring correct VAT treatment is being applied.
3. Providing detailed financial analysis and accurate budgeting and forecasting to support decision-making by our Senior Management.
4. Working with the Head of Finance and CFO to prepare UKGI’s Annual Report and Accounts.
5. Building and maintaining effective working relationships with HMT HR & Finance operational centre and act as the main point of contact for all UKGI Finance systems queries and ad hoc commissions.
6. The supervision of Finance Assistant within the team.

This list is not exhaustive and the post-holder may be required to carry out other tasks as and when required.

As described above, there may be potential for you to work on projects across the finance team and UKGI as a whole, in order to help you develop a wider skillset.

What we are Looking for:

1. Qualified CCAB or Part-Qualified working towards Chartered status.
2. You will have practical skills in one or more of: management accounting and cost analysis, planning and budgeting, cash flow management, and financial accounting.
3. Excellent written and verbal communications skills.
4. A proven ability to build relationships with colleagues across and beyond your organisation, at all levels, and to work effectively as part of a team.
5. You will have experience in contributing to the development of systems and processes to meet business needs.
6. Knowledge and/or experience in risk management, procurement or corporate governance would be an advantage.


More About UKGI

Our work is delivered in 4 areas:

Governance: Promoting best-practice stewardship on behalf of 9 departments for 24 publicly owned businesses which together employ over 158,000 people, generate around £30bn of gross income and manage over £1trillion of assets.

Corporate finance: Advising departments on corporate finance matters, including all major government financial interventions into distressed corporate structures and corporate finance negotiations. This year we have undertaken a key advisory role in some of the most high-profile transactions and situations facing government, including the sale of Chelsea Football Club, as well as supporting departments with matters arising from the ongoing war in Ukraine and supporting the launch of the Energy Markets Financing Scheme.

Asset Realisation: Preparing and executing all significant corporate asset sales by the UK Government, including supporting the policy to return NatWest Group to the private sector.

Contingent Liabilities: Improving management of fiscal risk by strengthening expertise within government. This involves undertaking a new, cross-government data collection and analysis project that will help map the current contingent liability landscape.

These are some of the most complex and demanding tasks across government, ultimately having a significant social, economic and political impact across the UK.

Working for UKGI provides a unique opportunity for talented individuals from both the public and private sector to contribute to work of national importance.


Diversity Statement

UKGI has a strong commitment to equality and diversity. Our aim is to be an open and inclusive organisation, recruiting and retaining diverse, talented and high-performing people who support and develop one another.

UKGI is a Disability Confident Employer. This means we’ve been recognised as an employer which is confident and leading the way in recruiting and retaining staff with disabilities. We will offer an interview to any applicants with a disability who have indicated they wish to take part in the disability confident scheme, provided they meet the essential criteria for the post set out in the person specification. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your application.

UKGI is also part of the ‘Great Place to Work for Veterans’ initiative. This means that as part of our commitment to diversity and equality in our recruitment and retention policy, we will offer an interview to any eligible applicants from His Majesty’s Armed Forces provided they meet the essential criteria for the post set out in the person specification. Please indicate on your application that you wish for your application to be considered as part of this initiative.

In line with company policy, we will be employing a hybrid working model based, with 40% of your time being home-based. At UKGI we place a high degree of value on work life balance and as such applications from individuals seeking flexible working, reduced hours contracts and job shares are also actively encouraged.