About the job

Job summary

We are currently looking for a Finance Analyst – IDAP & ILAP Support to join our Finance Team within the Corporate group. 

This is a full-time opportunity, on a fixed term contract/internal move or temporary promotion basis until 31st March 2025. The role will be based in 10 South Colonnade, Canary Wharf London, E14 4PU. Please be aware that this role can only be worked in the UK and not overseas.   

Government departments and agencies are working towards implementing a minimum 60% attendance in office sites. 

We are currently implementing a flexible, hybrid way of working, with a minimum of 4 days per month working on site to enable the collaboration and contact with partners and stakeholders needed to deliver MHRA business. Attendance on site is driven by business needs so depending on the nature of the role, this can flex up to 8 days a month, with the remainder of time worked either remotely or in the office. Remote working is potentially available for some specific roles. Please discuss this with the recruiting manager before accepting an appointment.   

The salary for this role is £42,869 + an Accountancy Allowance of £2,000 (part qualified candidates) or £4,000 (qualified candidates). Please discuss with the hiring manager before accepting the offer. 

Who are we?  

The Medicines and Healthcare products Regulatory Agency enhance and improve the health of millions of people every day through the effective regulation of medicines and medical devices, underpinned by science and research.   

The Finance function was transformed during 2020/21 and is now structured in line with the Government Finance profession standard operating model around Strategic Finance, Finance Business Partnering and Financial Control. Finance lead on the preparation of the Agency’s statutory accounts, the management of risk and the financial control environment. They support the Audit and Risk Assurance Committee in the coordination of the internal audit plan (provided by the Government Internal Audit Agency) and ensure compliance with all HM Treasury, Department of Health and Social Care, National Audit Office and Accounting Standards requirements and guidelines. The team provide management accounting, financial planning and business analysis services and management accounts and additional analysis for ExCo.

Job description

The role sites within the Strategic Finance team. The team is responsible for effective strategic and operational modelling, forecasting and analysis to create business and finance insight and support medium to long term decision-making and policy setting at MHRA.   

What’s the role? 

 

This role leads in delivering high-quality advice to the project manager and supporting teams. 

The Finance Analyst will aid in calculating the fees and charges for the ILAP and IDAP project as well as budget & forecasting and ad-hoc financial support. 

Key responsibilities:  

 

• Project appraisal and evaluation – developing models/templates to aid easy evaluation and appraisal of the project.  Leading on key assumptions for project evaluation and appraisal e.g. Optimism Bias, Interest Rates, Taxes, Project evaluation appraisal cost estimates  

 

• Budgeting and forecasting – work closely with key stakeholders (Business Partners, Budget Holders, EPMO, Finance) on producing Project Budget and Forecast.  Working with Finance colleagues to ensure that expenditure is allocated correctly to project and that budgets are balanced, whilst forecasting future spend 

 

• Fees and charges - use of time recording in estimation of resource cost for operational delivery of IDAP and ILAP.  Development and Maintenance of the agencies Fees and Charging model for the products 

 

• Business case support – development of financial case for IDAP project, providing financial assurance Programme SROs

Person specification

Who are we looking for?  

 

Our successful candidate will have: 

 

• Professional qualification or working towards (CIPFA, ACCA, CIMA, CFA) 

• Experience in financial modelling, forecasting and financial reporting

• Experience of delivering value added project reporting that provides insight and aid senior management decision making 

• Knowledge of the principles of good financial modelling and investment appraisals

• A keen eye for detail and able to establish processes to ensure outputs are accurate and error free

 

If you would like to find out more about this fantastic opportunity, please read our Job Description and Person Specification!  

 

Please note: The job description may not open in some internet browsers. Please use Chrome or Microsoft Edge. If you have any issue viewing the job description, please contact careers@mhra.gov.uk  

Benefits

Alongside your salary of £42,869, Medicines and Healthcare Products Regulatory Agency contributes £11,574 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

Things you need to know

Selection process details

The selection process:  

 

We use the Civil Service Success Profiles to assess our candidates, find out more here.  

• Online application form, including a statement of suitability, attached as a PDF demonstrating how you meet the Behaviour, Experience and Technical criteria on the person specification. Please ensure all application questions are completed in full; your application may not be considered if any responses are left blank. Our applications are CV blind, and our Hiring Managers will not be able to access your CV when reviewing your application. Please ensure not to include any personal identifying information on your supporting information.  
• Interview, which can include questions based on the Behaviour, Experience, Technical and Strengths Success Profiles.  

 

Applicants are assessed on whether they meet any mandatory requirements as well as the necessary skills and experience for the role. Applications are scored based on the statement of suitability provided. You can view the criteria for this role in the job description.  

 

If you require any disability related adjustments at any point during the process, please contact careers@mhra.gov.uk as soon as possible.  

   

Closing date: 6th February 

Shortlisting dates: W/C 12th February 

Interview dates: W/C 19th February 

 

 

If you need assistance applying for this role or have any other questions, please contact careers@mhra.gov.uk  

 

Candidates will be subject to UK immigration requirements as well as Civil Service nationality rules. Further information on whether you are able to apply is available here.  

Successful candidates must pass a disclosure and barring security check as well as animal rights and pro-life activism checks. People working with government assets must complete basic personnel security standard checks. 

Applicants who are successful at interview will be, as part of pre-employment screening subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant’s details held on the IFD will be refused employment. A candidate is not eligible to apply for a role within the Civil Service if the application is made within a 5 year period following a dismissal for carrying out internal fraud against government.  

Any move to the MHRA from another employer will mean you can no longer access childcare vouchers. This includes moves between government departments. You may however be eligible for other government schemes, including Tax-Free Childcare. Determine your eligibility here. 

 

Successful candidates may be subject to annual Occupational Health reviews dependent on role requirements. If you have any queries, please contact careers@mhra.gov.uk. 

 

In accordance with the Civil Service Commissioners’ Recruitment Principles our recruitment and selection processes are underpinned by the requirement of selection for appointment on the basis of merit by a fair and open competition. If you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint, you should firstly contact Mira Mepa, Head of Recruitment and Operations, Mira.Mepa@mhra.gov.uk.   

 

If you are not satisfied with the response you receive, you can contact the Civil Service Commission at: civilservicecommission.independent.gov.uk  

 

info@csc.gov.uk  

Civil Service Commission  

Room G/8  

1 Horse Guards Road  

London  

SW1A 2HQ  

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check. People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.