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Government Finance Function

The role of the Government Finance Function, the services and standards it manages and the professional network it supports.

The Government Finance function works across government to make sure public money is spent efficiently and effectively.

The function has over 10,000 people working in departments covering a wide range of roles from strategic business partners to technical accountants. We are responsible for managing almost £800 billion of expenditure a year, managing over £1.6 billion of assets and £3.7 billion of liabilities.

Our work is guided by six strategic priorities which support our ultimate ambition to put finance at the heart of decision making, driving the agenda and not just keeping score:

  1. Getting the basics right – ensuring good forecasting and reporting, robust data and efficient transaction processing.
  2. People & capability – building a high performing and diverse function, with great people in the right roles with the right skills.
  3. Operating model – developing a modern, collaborative finance function that delivers quality services more effectively and efficiently.
  4. Finance insight – improving our understanding of what we get for our money and using insight to drive value for money.
  5. Trusted advisor – acting as the ‘go-to’ advisor for colleagues to provide expert advice and informed decision-making.
  6. Planning and performance – driving a strong culture of planning and performance with integrated financial and business planning, aligned with robust risk and assurance.

Mike Driver was appointed as Head of the Government Finance Function in June 2017.

Career opportunities and professional development

The Government Finance Academy provides a cohesive learning and development offer for finance professionals across the Civil Service. Civil Servants can access the GFA website through OneFinance.

Contacts

For any further queries about the Government Finance function please write to us at govfinance@hmtreasury.gov.uk

Standards

The standards below apply to civil servants working in the Government Finance function and provide a base level that they must comply with. Some of these standards, such as Managing Public Money and the Green Book, Magenta Book, Aqua Book and Better Business Cases guidance, apply to all civil servants and anyone employed to work in or with central government including contractors.

Published 19 February 2016
Last updated 10 August 2018 + show all updates
  1. Updated text.
  2. First published.