Infected Blood Compensation Authority
Operational Finance Trainee
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Job description
About the Role
The Operational Finance trainee will play a vital role in ensuring the efficient and accurate processing of IBCA's financial transactions. You will adopt and promote the culture of WE CARE which is central to our ethos at IBCA (Wellbeing, Exceptional, Collaborative, Advocate, Respectful, Empathetic), ensuring that IBCA is a great place to work and one where we take the wellbeing of our people as seriously as we take that of our customers.
You will be expected to be in the office a minimum of 60% of your working week.
Person specification
Operational finance processes
We have key processes where we need to make payments to support progression of our service at IBCA, or support key meetings and events.
Examples of tasks are:
- GP Payments: Handling payments to GPs to support the service we provide to people making a claim.
- Reimbursing costs: For specific authorised events, such as “drop in events” arranged with our community, there are circumstances where we need to reimburse community members for the costs that they have incurred. Our operational processes support checking the application for reimbursement and progressing the transaction with the community member.
- Banking: We support the payment of compensation for domestic and international compensation payments, and the payment of suppliers.
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Examples of tasks are:
- Reconciliations: these could be of payments, accounts or statements
- Reports: Creating and providing reports to understand what was expected to be paid and the reconciliation with the amount paid, compared to plans, budgets or forecasts depending on the spend type.
General tasks within the team
- Handling difficult situations appropriately to deliver effective outcomes for colleagues and customers to ensure our WE CARE principles are followed.
- Partner with business areas and other stakeholders to help them follow processes accurately.
- Place specific effort and resource to fix issues and respond to Service Level Agreements.
- Accurately record transactional / process level data and support an appropriate level of evidence collection.
Essential skills criteria
- Numerical & Analytical: Ability to work accurately with numbers, analyse financial data, and spot discrepancies.
- Technical Proficiency: Good working knowledge of core software, particularly Microsoft Excel / Google sheets.
- Attention to Detail: High level of accuracy in work for financial tasks e.g. data entry, balancing ledgers.
- Communication: Clear verbal and written skills to collaborate with team members and explain basic financial concepts to clients or colleagues.
- Time Management: Ability to balance full-time work duties with rigorous professional study schedules.
- Secondary Education: GCSE passes (grade 4/C or above) in Mathematics and English Language.
- Commitment to work towards qualification with CCAB, CIMA or equivalent
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Desirable Criteria
- Level 4 qualification with AAT, CCAB or CIMA
Additional information:
A minimum 60% of your working time should be spent at your principal workplace. Although requirements to attend other locations for official business will also count towards this level of attendance.
Behaviours
We'll assess you against these behaviours during the selection process:
- Communicating and Influencing
- Working Together
Benefits
- Premium allowance paid monthly after probation
- Learning and development tailored to your role
- An environment with flexible working options
- A culture encouraging inclusion and diversity
- A Civil Service Pension which provides an attractive pension, benefits for dependants and employer contributions of 28.97%
- 32.5 days of paid annual leave plus 8 bank holidays
- Family friendly policies to support you and your everyday responsibilities
- Enhanced maternity and paternity leave, up to 12 months shared parental leave
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