Deputy Head of Corporate Finance
Sector: Local Government
Date posted: 28/02/2022
Salary: £47,568 - £66,435 per annum
The Finance Team in Westminster City Council is a world of extraordinary stories, where we go above and beyond for our residents — in all sorts of pioneering ways. Our work has the ability to have profound impact on residents’ lives. By being smart and courageous with the council’s finances we can achieve more for our residents.
Take the Carrick Yard housing development in Luton Street. When a big international building firm couldn’t find a sales partner, we stepped in to create a joint venture partnership and underwrite any unsold units to protect our investment. Then, when we felt a big banking partner would be overcharging the venture for financing the development, we decided to finance it ourselves. The result? 171 homes are now under construction, leading the redevelopment of the Church Street area, whilst the council is projecting a potential return on investment of almost 14% — far in excess of anything that can be achieved on cash deposits in current market conditions, allowing us to invest even more in public services that are the lifeblood of our communities.
As Deputy Head of Corporate Finance, you can make your own powerful contribution to Westminster’s finances. By leading on the Medium-Term Financial Plan and budget monitoring; overseeing the largest Collection Fund in the country and reporting on the Council’s subsidiary companies, you will maintain the future of vital services for Westminster’s residents and communities.
You will contribute to a team that is focused on high performance and continuous improvement. We pride ourselves on delivering leading-edge financial and commercial management, underpinned by robust analysis and financial best practice. This is truly a role that you can make your own, improving processes to ensure quality business insight underpins the decisions that the Council makes.
To be suitable you should have experience working in finance in a large and complex organisation. Holding a relevant professional qualification such as CCAB or CIMA, you’ll bring sound knowledge of the issues facing local government and public finances, combined with an awareness of your statutory responsibilities in this role. You’ll have a good understanding of both strategic financial planning and budget setting. You will also be a strong team player, supporting the wider department with other duties such as the year-end accounts.
The Council and its partners are committed to achieving diverse shortlists for all vacancies at Band 4 or above to support our desire to increase the number of staff from underrepresented groups in our workforce. As part of this ambition, if you are from a black, Asian and Multiple ethnic background (B.A.M.E) you can self-declare this to the hiring manager as part of our positive action commitments.
Westminster is an amazing place. There are 250,000 diverse residents, over 50,000 vibrant and vital businesses and three-quarters-of-a-million people working here every day. Our mission is to create a city for all. We’re an organisation that wants the very best for our residents: a supportive and safe environment, the chance to grow and learn throughout their lives, to build fantastic careers in world-leading industries, to have access to high-quality, affordable housing and to retire into the community with dignity and pride.
We want Westminster to be a place where you can make the most of your talents and thrive as an individual. That’s why we’re proud to have won Best Health & Wellbeing Initiative in the 2020/21 Business Culture Awards. By being the best you can be, you’ll help us adapt to the changing needs of our organisation and communities.
At Westminster City Council, we are passionate about our aim to be an inclusive workplace for all that reflects the communities we serve, and we believe everyone is valued. We particularly welcome applicants from underrepresented backgrounds, including B.A.M.E (Black, Asian and Multiple Ethnic background), LGBTQ+ and those with hidden or visible disabilities. We’re committed to ensuring all our staff – regardless of gender, age, religion, sexuality, ethnicity or disability – can succeed. We value diversity and appreciate that people work in different ways. So, as a Timewise employer we work to provide flexible working arrangements and an empowering environment that enables you to be your best, that is the Westminster Way.
For further information on the role or to have a confidential discussion please contact Will Ryan at Allen Lane on email@example.com or 07789871864.
To apply, please send your CV and cover letter through by Monday 7th March. The cover letter should be no more than 2 pages and should include why you are interested in the position and why you believe you are suitable.