Source · Select Committees · Public Accounts Committee
Recommendation 28
28
We were interested as to why there had been so little progress since last year.
Conclusion
We were interested as to why there had been so little progress since last year. The Department acknowledged “we are not where we want to be”, but told us that things were going in the right direction, and that there was a ‘sea change’ in the Department’s sense of cost control this year. The Department said that many staff were currently undertaking qualifications and that 54% of finance staff were either qualified or studying for qualifications. At senior levels the proportions of qualified staff were higher, including 85% of Senior Civil Service finance staff. He also noted that an initiative to roll out a finance career framework later this year would provide more granular information on where gaps lie. Taken together he said, “we are getting people with the right qualifications in the right roles”.59 The Department’s culture
Government Response
Not Addressed
HM Government
Not Addressed
5.1 The government agrees with the Committee’s recommendation. Target implementation date: Autumn 2023 5.2 The department is committed to improving financial professionalism recognising that this is vital to improving financial outcomes. It takes time to train personnel and the department works with the professional bodies and academic providers to tailor programmes to individual’s needs, recognising the diverse needs of the profession. The department is committed to supporting professional development with over 500 personnel studying a professional qualification. With around 200 finance apprentices, the department is committed to providing a balance between gaining the professional qualification and relevant work experience. 5.3 The department is fully committed to the Government Finance Function (GFF) ambition of ensuring at least 60% of the finance profession are qualified and is working to be in the top quartile in both capability and broader departmental performance. The department progresses on the right trajectory achieving substantive assurance for the finance function in 2021-22 and improved positioning on In-Year forecasting performance. 5.4 The department continues to develop a range of interventions to improve workforce retention and enable effective and efficient study. These include embedding the Government Finance Function Career Framework, developing associated career and learning pathways with standardised role templates clearly articulating the level of qualification required at each level and supporting lateral moves across the Function to meet development needs. Attraction interventions will be developed as part of the employee value proposition. 5.5 The department has launched a mentoring scheme to support personal development and continues to strengthen its financial capabilities more broadly through mandatory training, key topic webinars and training to improve general business skills.