Deputy Finance Manager - Cash Management

House of Commons

Deputy Finance Manager - Cash Management (permanent)

Location: London, 2 days per week in the office

Salary: £34,980 - £39,396

The Finance, Portfolio and Performance (FPP) team at the House of Commons plays a pivotal role in supporting a thriving Parliamentary democracy. We are dedicated to delivering the House of Commons’ Strategy and corporate priorities through meticulous business and financial planning, performance analysis, and project support across Parliament. Our Financial Services Team is at the heart of this mission, ensuring efficient financial processes, accounting, and reporting, while providing essential services to Members of Parliament and the broader House of Commons Service.

The Cash Management Team ensures that the House has the correct funding to meet its obligations and liaises with HM Treasury to ensure the House is funded. They work with key stakeholders to understand the fiscal needs of the organisation and produce suitable cash flow forecasts. They collect and account for cash collected on the Estate and ensure it is properly recorded and deposited. The Accounts Receivable Team also maintain the Customer Masterfile, ensuring details are appropriately captured, stored and disposed of.

We are looking for a dedicated and motivated Deputy Finance Manager to work in the Cash Management team to deliver the efficient processing of sales invoices, payments collection of money from sales, the appropriate treatment of cash collected on the Estate and ensuring that the organisation is sufficiently financially resourced to meet key obligations.

Key Responsibilities:

• Reconciliation of the Commons’ bank accounts on a monthly basis within set deadlines, liaising with colleagues to ensure anomalies/errors are identified and corrected promptly.
• Lead on the monitoring, preparation, and submission of the monthly cash drawdown processes. Conduct monthly forecasts and lead on the preparation, review, and submission of 'top up’ requests to the Treasury.
• Maintain and manage all mandates to ensure access arrangements to the bank and banking systems are up to date and carry an audit trail. Ensure compliance within the Customer Masterfile and manage our banking mandates.
• Ensure that the cash position on the Estate is sufficiently resourced and supported and ensuring that all cash collected is appropriately accounted for.
• Manage the Government Procurement Card process.

We are looking for candidates with management skills who will have oversight of team members and other’s work, and develop leadership skills within and across teams. Motivating and developing staff, embedding the principles of equality, diversity and inclusion, and ensuring that the team makes a significant, positive contribution to the achievement of vision and business goals. The successful candidate must also demonstrate good stakeholder engagement skills as they will be required to build and maintain key relationships including managing the expectation of key stakeholders.

The House of Commons is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of race, ethnicity, gender, sexual orientation, disability, religion, or age. We are committed to creating an inclusive and diverse workplace where all employees feel valued, respected, and supported.

If you have a passion for government and want to join an organisation that offers a dynamic and rewarding career, then we’d love to hear from you. The House of Commons offer a competitive salary, a generous annual leave entitlement (35 days plus public holidays), flexible hybrid working, substantial pension scheme, health and wellness benefits and the opportunity for professional development and growth.

How to Apply:

Please submit a CV and cover letter outlining your relevant experience and why you are interested in this role. For an in-depth discussion, please contact Stephanie Robinson from Allen Lane.