Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

The Greater London Authority (GLA) is seeking two highly motivated individuals to join its Group Finance team as a Financial Analyst. Reporting to the Senior Finance Managers, the post holders will play a key role in the consolidation of the Mayor of London’s annual £21 billion revenue budget and capital spending plan across the GLA Group’s functional bodies. The team also leads on local government funding matters for the GLA, including accounting for its annual £6 billion+ income from council tax and retained business rates, as well as financing key projects. These roles are suitable for individuals interested in local authority strategic and corporate finance, who enjoy researching and staying updated on developments in local government finance, taxation, and funding.

Responsibilities

Supporting the development of the Mayor of London’s annual £21 billion revenue budget, capital spending plan and capital strategy, providing advice as appropriate to senior managers and finance colleagues within the GLA and its functional bodies.
Negotiating and liaising with colleagues within the GLA and its functional bodies to ensure the Mayor’s budget is developed in line with his/her budget guidance and timetable and is accurate, consistent and integrated across the GLA group.
Supporting the Senior Finance Manager in the ongoing management, monitoring, forecasting and year-end accounting of the GLA’s c£6 billion of revenues annually via the Mayor’s council tax precept, the Business Rates Retention System and the Elizabeth line Business Rate Supplement and Community Infrastructure levy, liaising closely with the GLA’s Treasury function.
Engaging with the GLA’s fiscal devolution work including on business rates retention zones.
Supporting the Senior Finance Managers in the forecasting and accounting of council tax and business rates revenues across the 32 London boroughs and the City of London, including funding projects which maximise these.
Supporting the Senior Finance Managers on other related group and public finance issues including the financial impact of Government Budget and Spending Review announcements, the local government finance and police funding settlements, new and existing business rates retention zones within the London area and existing and potential future Mayoral Development Corporations, infrastructure and transport projects, working with key stakeholders as applicable.
Assisting as directed by the Senior Finance Managers in analysing GLA group efficiency savings.
Leading on the preparation and submission of the GLA Group’s capital and revenue financial statistical returns to Central Government and the Chartered Institute of Public Finance and Accountancy ensuring they are presented on a consistent basis and allow for any inter group financial transactions.

Requirements

Part or fully qualified membership of a CCAB recognised accounting body (ICAEW, ACCA, CIPFA, ICAS or Chartered Accountants Ireland) or CIMA.
An understanding of revenue and capital budgeting processes, ideally in a local government setting.
A working knowledge of local government finance, funding and accounting including business rates retention and council tax.
The ability to research and interpret complex data and information and present the findings in a clear and understandable format.
A high level of numeracy and a detailed focus with a concern for accuracy.
Advanced skills in using spreadsheets and word processing packages including experience in preparing financial models.

Location

Greater London Authority’s offices in Union Street, London SE1

Work Type

Full time
Permanent
Hybrid working up to 3 days a week

Salary/Compensations

£58,217 to £63,020

Benefits

30 days’ annual leave
Interest free season ticket loan
Interest free bicycle loan
Career average pension scheme

About the Company

The Greater London Authority (GLA) supports the Mayor’s Office and wider GLA on a variety of different aspects: from managing daily financial decisions to setting long-term objectives; budget setting; and observing and recognising projects and opportunities in the market that may be worthy of development or investment.
The Group Finance team within the CFO’s directorate manages the preparation and consolidation of the Mayor of London’s £21 billion annual revenue budget and capital spending plan for the entire GLA group including Transport for London, the London Fire Brigade and the Metropolitan Police. We also lead on accounting and monitoring of the £6 billion+ of revenues the Mayor receives annually in council tax, business rates and the dedicated taxes funding the Elizabeth line. The team also provides oversight to the GLA’s various Mayoral Development Corporations including those covering Queen Elizabeth Olympic Park, Old Oak Common and Oxford Street and supports various new key transport projects including the DLR extension to Thamesmead and planned West London Orbital rail scheme.

Equal Opportunity

London's diversity is its biggest asset, and we strive to ensure our workforce reflects London's diversity at all levels. We welcome applications from everyone regardless of age, gender, gender identity, gender expression, ethnicity, sexual orientation, faith or disability.
We particularly encourage applications from Black, Asian and Minority ethnic candidates and disabled candidates who are currently underrepresented in our workforce.
We are committed to being an inclusive employer and we are happy to consider flexible working arrangements. We would welcome applications from candidates who are seeking part time work as this role is open to job share.
We are a Disability Confident Employer so for candidates who wish to be considered under the scheme and meet the essential criteria, they be prioritised for the next stage in the process.
If you have a disability or long-term condition and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know.