Operations focuses strongly on providing both support and appropriate challenge to the wider organisation to help ensure that the GFSC utilises its available resources in the most effective, efficient and economical way.
The Finance team is responsible for financial reporting, accounting and audit, treasury management, funding and invoicing, and financial internal control. The team will also ensure that they are available to liaise with internal and external stakeholders to investigate and resolve any queries.
Finance also takes responsibility for completing and managing work streams which may include cross-GFSC collaboration and liaison with external stakeholders. These work streams include data analysis, annual budgeting and reforecasting , and preparation of the financial statements.
The Financial Controller reports to the Audit Committee on a quarterly basis to discuss matters relevant to the team and the GFSC. This includes an assessment of the GFSC’s financial position against the budget, the appointment of auditors each year, financial reporting, funding, and any audit findings and related action points.
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Information technology is a vital component of the infrastructure required to support the work of an international regulator such as the GFSC. The IT Team implements, administers, develops and maintains the GFSC’s hardware and software. It also provides support, training, consultancy, and advises the Senior Management Team about possible future technology adoption. The team ensures that the IT systems are enhanced or upgraded when required, to ensure they remain current and secure, to minimise operating costs and to enhance productivity of staff.
The IT Team is dedicated to ensuring that the IT systems facilitate the capture of regulatory risk and performance data to enable the GFSC to achieve its regulatory objectives.
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Human Resources and Training
HR at the GFSC delivers a professional, efficient and impactful service and support to the organisation (employees, line managers and leadership). The team provide support and guidance to the employees whilst facilitating the GFSC meeting its overall objectives by functioning as a strategic partner to the organisation. Through the development of HR and Training systems and processes the function creates a 'learning' organisation which places emphasis on its staff’s capabilities and competencies, helping the entire organisation reshape itself so it can meet future expectations and demands.
Specifically, the team deliver on:
- Performance Management
- Reward and Remuneration
- Employment Law
- Organisational Design and Development
- Recruitment and Selection
- HR Strategy
- Change Management
- Diversity and inclusiveness
- Talent Management
- Training and Development
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Administration and Office Management
An administrative team provides the GFSC with the support it requires to ensure the office runs smoothly on a daily basis. This includes managing the upkeep of the office and handling our supplier relationships. This team also manages the Health and Safety function and therefore facilitates the GFSC office environment being an efficient, professional and safe place to work in.
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