# Specialist Restructuring Senior Manager **Company**: Department for Education **Location**: Coventry, West Midlands **Work arrangement**: hybrid **Experience**: senior **Salary**: GBP 73,334 - 77,137 per year **Category**: Finance **Industry**: Education **Apply**: https://www.jobsgopublic.com/job/specialist-restructuring-senior-manager-116000?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply **Canonical**: https://yubhub.co/job/specialist-restructuring-senior-manager-3ae252bd-5ed/ ## Description This position is an exciting opportunity in the FFO (Funding and Financial Oversight) group. FFO ensures the right amount of money goes to the right providers at the right time, and is spent in the right way. FFO leads on developing the financial and governance framework used by academies and post-16 education providers to manage and report on their spending; identifying institutions at risk of financial failure, providing expert financial assessment and advice; and where necessary undertaking investigations into financial irregularity. The role is part of a small specialist restructuring team of highly qualified accountants and insolvency practitioners. Each member is responsible for managing a portfolio of restructuring cases including their own analysis and credit papers. **Job description** The role operates in a variety of generalist and specialist settings. Therefore, duties will vary over time and the post holder will need to be adaptable and resilient, ready to undertake a diverse range of tasks including the following: - Undertake reviews into restructuring situations, dissect complex evidence, add value to the proposed options, establish alternatives to those already identified and make recommendations to senior colleagues, including Ministers. - This will include outsourcing some work to accountancy and law firms and undertaking your own analysis and due diligence in Excel, and writing credit committee papers in both PowerPoint and Word. - Incorporate non-financial information and data, such as real estate and curriculum, to produce high-quality integrated financial and non-financial advice. - Manage transactions (e.g., mergers) through to completion, including accurate forecasting and payment of funding. - Raising general awareness of restructuring issues, identifying risks across the DfE and education providers funded by the DfE. - Engaging with stakeholders across government, the wider stakeholder community, and the finance profession to keep on top of leading practice. - Manage stakeholders' needs and expectations effectively so that Departmental objectives and priorities are met. - Make the links between policy and/or business delivery within the intervention and restructuring environments and wider where appropriate. - Contribute to the wider management of the FFO group, including through leading roles in corporate activities and risk management. - Proactively manage performance by setting clear and stretching objectives for colleagues and provide regular constructive feedback. **Person specification** **Essential Criteria:** - You will have a high level of technical skill in public and/or private sector corporate finance and restructuring environments, including detailed financial assessment and/or modelling. - You will have proven experience in reacting effectively to unplanned restructuring situations, being able to reach consensual decisions with imperfect information. - You will be able to demonstrate the ability to effectively deliver results at pace in challenging environments. - You will be able to demonstrate the ability to deliver difficult messages and communicate complicated financial and legal concepts to stakeholders with different points of view. - You will demonstrate excellent interpersonal and communication skills with the ability to make an impact at the highest levels. - You will have experience of representing an organisation externally, managing external stakeholder relationships and securing confidence in decision-making through partnership working. - You will demonstrate high levels of IT proficiency, to quickly use MS Office, AI and other tools to aggregate and analyse diverse information sources, build and interrogate Excel models and produce high-quality outputs including business cases in PowerPoint or Word. - Professionally qualified accountant, auditor or equivalent: e.g., ACA, ACCA, CIMA, Insolvency Practitioner or relevant and comparable financial restructuring experience. **Desirable Criteria:** - You will have worked in or with the education sector and/or the public sector more generally. **Benefits** Alongside your salary of £73,334, Department for Education contributes £21,244 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides. Applicants currently holding a permanent post in the Civil Service should note that, if successful, their salary on appointment would be determined by the Department's transfer / promotion policies. As a member of the DfE, you will be entitled to join the highly competitive Civil Service Pension Scheme, which many experts agree is one of the most generous in the UK. You will have 25 days leave, increasing by 1 day every year to a maximum of 30 days after five years' service. In addition, all staff receive the King's Birthday privilege holiday and 8 days' bank and public holidays. We offer flexible working arrangements, such as job sharing, term-time working, flexi-time and compressed hours. Most DfE employees will be working a hybrid pattern, spending at least 60% of their time in an office or work setting. Changes to these working arrangements are available in exceptional circumstances but must be agreed with the line manager and in line with the requirements of the role. Travel to your primary office location will not be paid for by DfE, but costs for travel to an office which is not your main location will be covered. As an organisation, which exists to support education and lifelong learning, we offer our staff excellent professional development opportunities. For more fresh new jobs, check out [yubhub.co](https://yubhub.co/). ## Skills ### Required - public sector corporate finance - restructuring environments - financial assessment - modelling - Excel - PowerPoint - Word - communication - interpersonal skills - stakeholder management - risk management ### Nice to have - education sector - public sector --- Source: [Apply at jobsgopublic.com](https://www.jobsgopublic.com/job/specialist-restructuring-senior-manager-116000?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)