Financial controller
Band 8c · Head of finance · 653 job evaluation points
Financial controllers, sometimes called assistant directors of finance, lead a major part of the finance function, such as financial accounting and control or financial planning, and deputise for senior finance leaders.
Responsibilities
- Lead financial accounting, financial control, treasury, and transactional services, or financial planning and business partnering.
- Make sure the annual accounts are delivered on time with a clean audit opinion.
- Maintain an effective system of financial control, and report on it to the audit committee.
- Lead the financial planning cycle and in-year financial reporting to the executive.
- Advise directors on major financial decisions, including large technology contracts.
- Lead and develop several finance teams.
Skills
| Skill | Expected level | What this level means |
|---|---|---|
| Financial reporting and statutory accounts | Expert (4) | You can:
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| Financial planning and forecasting | Practitioner (3) | You can:
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| Financial controls and audit | Expert (4) | You can:
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| Public sector finance | Expert (4) | You can:
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| Financial management | Expert (4) | You can:
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| Financial management for digital, data and technology | Practitioner (3) | *Senior leadership skill: the UK GDaD PCF defines it with one statement, not by level.* You can: Examples of leadership using this skill:
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| Leadership and guidance | Practitioner (3) | You can:
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| People management | Practitioner (3) | You can:
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| Corporate governance and compliance | Practitioner (3) | You can:
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| Organisational risk management | Practitioner (3) | You can:
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Typical qualifications and experience
- A recognised accountancy qualification, with extensive senior experience in public sector or complex organisations.
Band 8c outline
- Knowledge
- Expert knowledge, and wide organisational and sector understanding.
- Autonomy
- Sets strategy for a function; accountable to a director.
- Scope
- A function or department.
- Leadership
- Leads a function through several management layers.
- Accountability
- A function's performance, workforce, and budget.
Job evaluation (illustrative)
| Factor | Level | Level summary | Points |
|---|---|---|---|
| Communication and relationship skills | 6 | Gives highly complex, highly contentious information where there are significant barriers to acceptance, using the highest level of communication skills. | 60 |
| Knowledge, training, and experience | 7 | Highly developed specialist knowledge across the range of the specialism (master's level or equivalent). | 196 |
| Analytical and judgemental skills | 5 | Judgements on highly complex facts or situations needing analysis, interpretation, and comparison of options. | 60 |
| Planning and organisational skills | 5 | Forms long-term strategic plans, with uncertainty and effects across the organisation. | 60 |
| Physical skills | 2 | Skills gained through practice, such as standard keyboard use or driving. | 15 |
| Responsibility for patient and client care | 1 | Helps patients, clients, or relatives during incidental contact. | 4 |
| Responsibility for policy and service development | 5 | Implements and develops a range of policies or services for a directorate. | 45 |
| Responsibility for financial and physical resources | 5 | Holds or sets budgets, or manages assets, for several services. | 45 |
| Responsibility for people | 4 | Line manages a function or department, designs training programmes as a main duty, or delivers a full range of HR services. | 32 |
| Responsibility for information resources | 6 | Manages and develops information systems across the organisation as the main duty. | 46 |
| Responsibility for research and development | 2 | Regularly does research, development, trials, or equipment and system testing as part of the job. | 12 |
| Freedom to act | 5 | Works within general policies, and in most cases decides how to interpret them. | 45 |
| Physical effort | 1 | Sitting, standing, and walking, with little physical effort. | 3 |
| Mental effort | 3 | Frequent concentration on unpredictable work, or occasional prolonged concentration. | 12 |
| Emotional effort | 2 | Occasional exposure, or frequent indirect exposure, to distressing circumstances. | 11 |
| Working conditions | 2 | Occasional unpleasant conditions, frequent travel or outdoor work, or near-continuous screen use on most days. | 7 |
| Total (Band 8c: 630 to 674) | 653 | ||
Financial resources is level 5 because the job manages budgets and financial processes across several services. Information resources is level 6 because the job owns the finance systems and data used across the organisation.
Self assessment
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Rated 0 of 10 skills: 0 meet the expected level, 0 below, 0 above.