Equal Opportunities
At Transport for Wales we value diversity. It makes us stronger, helps us understand our customers better, make better decisions and be more innovative. Everyone’s different and has their own perspective so we’re building a diverse team that mirrors the communities we serve. Through this we’re determined to be one of Wales' leading inclusive employers. We’re creating an inclusive transport network that everyone in Wales can be proud of.
Who we are
At Transport for Wales, we’re on a mission to transform transport in Wales and make it fit for the future, whether that’s rail, bus, walking or cycling. We want to inspire a nation to change the way it travels, so that we all travel more sustainably and help to combat the climate emergency we’re all facing.
We’re an open and inclusive place to work, where everyone is welcome and our people are supported to reach their full potential. We want to create an environment where our people can grow and succeed. This is key to enabling us to deliver on the promises we’ve made to the people of Wales to build a sustainable transport network that meets their needs.
Role responsibilities
The Financial Controller will lead the controllership team of financial and other technical accounting roles across TfW Group. As a key process owner, it will be responsible for maintaining the financial control environment and for managing the financial health of the Group by ensuring integrity in the balance sheets and accountability in finance operating processes.
1. Lead the development and delivery of aligned accounting policies, procedures, estimates and judgements across the TfW Group by providing advice to the Group Financial Controller, Finance Director and other senior leaders across the Finance and Governance directorate to ensure compliance with both International Financial Reporting Standards (IFRS) for TfW’s financial statements, and the Government Financial Reporting Manual (FreM) and Consolidated Budgeting Guidance (CBG) for TfW’s consolidation into the Welsh Government financial statements and budgets.
2. Support corporate reporting processes including periodic reporting to TfW board, Welsh Government and other funding bodies by working with the Finance Business Partnering team and the Group Financial Controller to provide robust, timely and insightful content.
3. Responsibility for maintaining corporate relationships with the Welsh Government including managing the funding agreements and remit letters by monthly formal meetings and communication means to ensure strong relationships with TfW’s main funder.
4. Contribute to discussions and advice to Welsh Government finance and non-finance colleagues regarding IFRS/FReM accounting interpretations and CBG budgetary treatments by producing briefings, informal communications and attending meetings to ensure TfW’s expenditure, income and other accounting is in accord with accounting and budgeting guidance.
Who we’re looking for
5. Qualified accountant with demonstrable experience of working at a senior level or similar role within a complex organisation.
6. Demonstrable experience of developing or applying financial and accounting policies / standards with a technical background and knowledge.
7. Knowledge and experience of International Financial Reporting Standards (IFRS)
8. Demonstrable experience of delivering consolidated financial statements
Welsh Language Skills
The ability to speak/write Welsh would make a great addition to your application, but it is not essential for this role.
Transport for Wales supports and promotes the use of the Welsh Language by employees and will encourage them to develop, improve and maintain their Welsh Language skills. We fully support our people who want to improve their Welsh language skills, and personal development for Welsh Language skills are offered in a variety of ways such as online learning, classroom courses and funding attendance at local community courses.