MoD aims to recruit qualified finance chief

MoD aims to recruit qualified finance chief

MoD launches new campaign to find qualified a finance director

Ministry of Defence building, London

Ministry of Defence building, London

A fresh campaign to find a qualified finance director is to be launched by
the Ministry of Defence, as the government unveiled a further deadline for
government to up its finance skills.

With a budget of £35bn, the MoD controls the largest element of government
spending not currently managed by a qualified FD a full set of Whitehall.

Repeated deadlines to hire finance heads with accounting qualifications have
been missed, with Treasury permanent secretary Nicholas Macpherson telling the
Public Accounts Committee that he hoped to achieve it by the end of the year.

There is also to be a push to achieve more permanent secretaries with
accounting qualifications working for government. An NAO report recently
suggested there were none.

Current FD Trevor Woolley’s days appear to be numbered as head of the MOD’s
finance function.

The department’s permanent secretary Bill Jeffrey wrote to senior staff
recently to outline plans to recruit a new FD. Jeffrey said he hoped to fill the
post ‘well before the end of the year’.

Macpherson confirmed the move at the PAC meeting on Monday. The job is to be
advertised as an open competition, meaning figures from outside Whitehall will
be invited to apply ­ but it is unclear how much interest there will be.

‘It was advertised [before] but no one came forward from the private sector.
I’m sure [the selection panel] will succeed because it’s a challenging and
interesting job,’ Macpherson said.

A spokesman for the Ministry of Defence said: ‘The MoD employs many qualified
accountants in the FD’s area and Woolley routinely consults them in the course
of his work.’

The MoD refused to comment on the internal memo.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article