Head of EU Budget Business

Discipline: Finance

Sector: Central Government

Location: London

Type: Permanent

Date posted: 10/02/2022

Start: ASAP

Duration: Permanent

Salary: £60,000 - £63,000 per annum*

Details

HM Treasury are seeking a permanent Head of EU Budget Business to be accountable for leading on the implementation of the UK’s £35-£39 billion financial settlement. You will advise Ministers and Senior Officials (including the Permanent Secretary, the Treasury’s Accounting Officer) on implementing the financial settlement under the Withdrawal Agreement.

This is an ambitious and exciting role, and you will set the direction of the branch’s work, and balance fast moving emerging policy issues with delivering on key long-term policy goals.

Operating within the International Group the team supports the Chancellor and senior officials in building relationships with a wide range of external and international partners and represent the UK in a range of international organisations, such as the G7, the G20 and the International Monetary Fund as well as Multilateral Development Banks.

About the Team:

The European Agreements team has responsibility for HM Treasury’s EU interests stemming from the Trade and Cooperation Agreement and the Withdrawal Agreement. One part of the team provides an overarching strategy function across HM Treasury’s functions as a finance and economy ministry. The other, which this role will lead, is at the heart of the UK’s financial interactions with the EU both in terms of financial settlement payments, and future relationship planning through programme participation. We have significant interaction with the Chancellor and other Ministers. We are a collaborative, friendly and high performing team of around 23 officials from a diverse range of analytical and policy backgrounds. We lead on paying and auditing the financial settlement with the EU that stems from the Withdrawal Agreement, and accountability to Parliament and the National Audit Office. We are also responsible for future programme participation and annual reporting on payments to and receipts from the EU. We work closely with a wide range of partners in Whitehall (especially the Cabinet Office (CO), Office for Budget Responsibility, and spending departments), and overseas (especially the European Commission and UKMis Brussels). We draw on accounting and audit expertise from external consultants.

Key Accountabilities:

This is an ambitious and exciting role leading on the implementation of the UK’s £35-39 billion financial settlement. You will lead a team that currently comprises 4 sub-branches with 4 Senior Policy Advisors/Range E’s (Analysis, Policy/Strategy, Assurance), 4 Policy Advisors/Range D’s and 2 Policy Apprentices. You’ll set the direction of the branch’s work, and balance fast moving emerging policy issues with delivering on key long-term policy goals. You will need to be comfortable moving quickly between sophisticated technical detail, strategic policy thinking and handling politically sensitive issues.

  • Advise Ministers and Senior Officials (including the Permanent Secretary, the Treasury’s Accounting Officer) on implementing the financial settlement under the Withdrawal Agreement.
  • Develop, negotiate, and implement strategy to ensure the UK does not pay more or receive less than is required under the financial provisions of the Withdrawal Agreement.
  • Oversee the supporting analytical work, including the EU contribution forecast for the OBR, external reporting on the size of the settlement, and analysis for decision making (e.g. the UK’s future financial relationship with the EU).
  • Develop strategies for leading implementation issues, including advising Ministers and negotiating with the EU (including overseeing secretariat functions for two formal UK-EU governance committees set up under the UK/EU agreements). As well as managing key issues and any resulting disagreements on the financial settlement, this includes work to finalise the UK’s continuing participation in EU programmes such as Horizon, where formalisation of arrangements has been delayed. The candidate will need to lead HMT’s diplomatic efforts to engage and influence the EU, while also working with other government departments to develop contingency options.
  • Cultivate and use positive relationships with key partners – in particular the European Commission (especially DG Budget), UK Mission to the EU, the NAO, the EU Secretariat in the Cabinet Office, and manage and get the most out of external advisors.
  • Ensure HMT meets it reporting obligations to Parliament in respect of the financial settlement and that such reports are robust to external scrutiny and challenge. These reports include the European Finances Statement, and the relevant sections of HM Treasury, Consolidated Fund and Whole of Government Accounts.

Required Qualifications:

  • Fully qualified CCAB accountant

Desirable criteria include experience of External Audit, and a strong technical accounting knowledge.

Please view the candidate pack for further details on the role and additional information on HM Treasury.

Applicants will be required to provide an up to date CV and a 1000 word max supporting statement against the sift criteria along with a CV (maximum 2 pages A4).

The closing date for applications is Sunday 20th February at 23:55pm.

To apply, please email HMT@allenlane.co.uk.

*£63,000 – £66,000 per annum (London), £60,000 – £63,000 (National)

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33 King Street, St. James’s,
London, SW1Y 6RJ





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