AMS PSR

On behalf of NS&I (National Savings & Investments), we are looking for a Financial Accountant (Product) (Inside IR35) for a 6 month contract based on a hybrid basis (minimum one day per week from local hub)

NS&I is one of the largest savings organisations in the UK with more than 24 million customers and over £218 billion invested. We are both a government department and an Executive Agency of the Chancellor of the Exchequer. Our origins can be traced back more than 150 years to 1861.

A small company with a big reach. We care for colleagues, respect one another, invest in our people and manage talent effectively.

As a Financial Accountant (Product) your main responsibilities will be:

• Support the preparation and delivery of statutory Product Accounts in compliance with IFRS, FReM, and Parliamentary reporting requirements.
 • Assist in planning, coordinating, and delivering year-end and interim accounts, working closely with auditors and outsourced accounting providers.
 • Review, analyse, and assure monthly Product Accounts and financial reporting, identifying issues and ensuring accuracy and completeness.
 • Prepare management accounts, financial reports, cash forecasts, and funding analyses to support decision-making and financial control.
 • Provide financial assurance and oversight of outsourced accounting operations, including reviewing reconciliations and customer interest calculations.
 • Maintain and improve financial controls, ensuring compliance, effective governance, and mitigation of financial risks.
 • Support treasury management activities, including monitoring funding flows, bank accounts, and National Loans Fund transactions.
 • Act as a key liaison between finance, outsourced providers, auditors, HM Treasury, and internal stakeholders on product accounting matters.
 • Provide accounting advice on projects, policy changes, and new products, assessing financial and reporting impacts.
 • Identify opportunities for continuous improvement and support the development of accounting guidance, processes, and controls.

Essential:
 • Qualified Accountant (ACCA, CIMA, ICAEW, ICAS, CAI or CIPFA) with relevant post-qualification experience.
 • Experience supporting preparation of statutory accounts and working with internal and external auditors.
 • Strong technical accounting knowledge, including IFRS and financial reporting standards.
 • Experience analysing complex financial information and presenting findings to senior stakeholders and non-finance colleagues.
 • Experience working within financial control frameworks, including risk identification, controls, and process improvements.
 • Advanced Excel skills with strong analytical, problem-solving, communication, and report-writing abilities.

 Desirable:
 • Experience working within financial services or a regulated environment.
 • Experience working in high-volume transactional finance environments.
 • Experience reviewing or developing financial policies, procedures, or accounting guidance.
 • Experience working with outsourced accounting providers or shared service environments.
 • Experience in treasury operations, cash management, or bank reconciliations.
 • Experience supporting organisational change, transformation programmes, or finance projects.

Please be aware that this role can only be worked within the UK and not Overseas.

Disability confident 

As a member of the Disability Confident Scheme, NS&I guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.

This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

Armed Forces Commitment

NS&I guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

 In applying for this role, you acknowledge the following “this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different.