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Job summary

The National Housing Bank (NHB) was launched in April 2026 and is a wholly owned subsidiary of Homes England (HE). The NHB is a new financial organisation designed to unlock investment at scale and accelerate the delivery of more homes, stronger places and thriving communities across the country and represents one of the most significant new interventions in the housing sector in a generation.

The operating expenditure of the NHB is incurred at HE Group level and will be charged to the NHB via a monthly recharge. These operating costs include pay costs of staff working directly on NHB delivery in addition to the provision of a range of services to support NHB operations through Corporate and Enabling teams (e.g. Finance and HR).

The operational costs also include associated non-pay costs (e.g. travel, learning & development, professional fees, accommodation costs) which will be recharged using appropriate cost allocation methodologies to ensure costs are fairly and accurately charged.

The post holder will be responsible for managing the internal operating cost recharge between Homes England and the NHB, supporting budgeting, forecasting, and month end close by providing accurate, timely and transparent recharge data and resolving discrepancies, ensuring that costs are accurately captured and the NHB is being charged for the correct use of resources.

This post will be within the Strategic Finance & Business Partnering Team, aligned to the Strategic Finance (Resource) sub team and will the main point of contact between the National Housing Bank and Finance colleagues in regard to the recharge. The postholder will need to combine technical knowledge, strategic insight, commercial acumen and an understanding of Home England’s operations.

Job description

The key accountabilities of the role includes:

• Managing recharge process — Prepare, calculate, and post recharges, which includes conducting a quarterly detailed ‘true up’ reforecasting exercise and annual year-end review and finalisation.
• Data validation — Review source data to ensure accuracy, completeness, and compliance with internal financial controls.
• Reconciliation — Reconcile recharge accounts, investigate variances, and correct errors before close deadlines.
• Stakeholder support — Work with stakeholders to explain recharge methodologies, answer queries, and resolve disputes.
• Reporting — Produce recharge summaries, cost allocation reports, and analysis to support budgeting and forecasting.
• Process improvement — Identify inefficiencies in the recharge process and implement improvements to enhance accuracy and transparency
• Compliance — Ensure that there are robust controls in place to ensure that all recharges specific to the NHB for earmarked work are agreed and budget assigned. Support the yearly audit process.
• Systems — Maintain recharge templates and models used for allocations, including maintaining the Power BI reporting tool to produce recharge reporting to enable transparent reporting.

Person specification

The success of the role requires a mix of commercial acumen, analytical skill, strategic thinking and the ability to build and maintain strong collaborative relationships.

You will be a qualified CCAB accountant(ACCA, ACA, CIPFA, CIMA), with strong organisational and time management skills and the ability to explain financial concepts to non‑finance colleagues

You will have a problem‑solving mindset and ability to work independently

Advanced Excel skills essential to this role, in addition to a fluency with common data analytics tools, (Power BI desirable).

You will have excellent attention to detail with a focus on adding value, with enthusiasm and the ability to be proactive, ability to remain organised and motivated when working to tight deadlines.

The role requires that you have experience in finance operations, management accounting, or cost allocation roles with a strong understanding of budgeting, forecasting, and month end processes.

Benefits

Homes England is an executive non-departmental public body with its own terms and conditions, benefits and pension scheme. We are a government agency working in partnership with the private sector and want to employ and retain great people. In return we offer a range of excellent benefits, some of the key benefits include:

Holiday - Homes England offers all staff 33 days annual leave per year in addition to 8 statutory bank holidays.

Working Flexibly - At Homes England we have a strong culture of flexible working and encourage all employees to have a healthy work/life balance. We offer a wide range of potential working patterns, including part time, job share and compressed hours.

Health and Wellbeing - We offer health screening with Nuffield Proactive Health Clinics, a free Employee Assistance Programme which offers confidential support 24 hours a day, 7 days a week as well as access to Occupational Health.

Professional Development - At Homes England we are committed to your continued professional and personal development with learning as one of our core values. We pay for one job-related professional membership subscription per year for our employees.

We also offer an excellent range of family friendly benefits, for example, maternity, paternity, shared parental leave.

Things you need to know

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

Things you need to know

How to apply?

To apply please follow the links to our careers page.

Security

Successful candidates must pass a disclosure and barring security check.

Selection process details

For more information on the role, please see the attached Job Description.

Successful applicants will be advised of the outcome of their application and interviews held as soon as practical after the closing date. Feedback will only be provided if you attend an interview or assessment. We would like to take this opportunity to thank you for your interest in this role and Homes England.

Please note – Homes England has a responsibility to ensure compliance with HMG Baseline Personnel Security Standard to address the potential problems of identity fraud, illegal working and deception generally. To ensure compliance we will carry out a pre-employment Personal Identity and Vetting Report through Experian to meet the standard and you will therefore be asked to provide certain information in order that the verification check can be carried out if you are successful in your application.

Homes England are an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates. We are proud to be an equal opportunities employer that values and respects the people who work for us. Our aim is to be an employer of choice, enabling everyone to reach their full potential.

Homes England is committed to protecting the privacy and security of your personal data. For further information please refer to our Privacy Notice which can be viewed here:

https://www.gov.uk/government/organisations/homes-england/about/personal-information-charter

Nationality requirements

Open to UK, Commonwealth and European Economic Area (EEA) and certain non EEA nationals. Further information on whether you are able to apply is available here.

Working for the Civil Service

Please note this Post is NOT regulated by the Civil Service Commission.

The Civil Service embraces diversity and promotes equality of opportunity. There is a guaranteed disability confident interview scheme for candidates with disabilities who meet the minimum selection criteria.

Further information

Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

Please note this Post is NOT regulated by the Civil Service Commission.The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

Apply and further information

The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

• Name : Recruitment Team
• Email : recruitmentinfo@homesengland.gov.uk

Recruitment team

• Email : Recruitmentinfo@homesengland.gov.uk