Job summary
The Finance Assistant will be responsible for supporting the Senior Finance Manager with the implementation and management of all financial controls and procedures, and provide a comprehensive financial management information service. This includes monitoring expenditure and identifying variances to target figures, monitoring funds and bank accounts and overseeing the processing of invoices and expenses.
Benefits:
-
Annual leave entitlement
-
NHS Pension Scheme
-
Flexible working options
-
Training and development opportunities
-
Employee wellbeing programme
-
Employee discounts and perks
Main duties of the job
Reconcile monthly bank statements with Xero accounting software by the month end deadline
Ensure that finance inbox checked on a daily basis and all queries are responded in a timely manner
Ensure that all purchase invoices are posted correctly and any department allocations are done accurately
Run reports for financial controls and accuracy such as potential duplicated suppliers, invoices and unallocated invoices
Support senior management accountant in reconciling year-end financial data for submission to the practice accountants.
Support raising invoices and reconciling receipts in the absence of finance assistant .
Assist with implementing financial approvals policy and process
Ensure all expense claims and all overtime submissions are accounted correctly including the departments
Prepare payment run in a timely manner, including reviewing submissions, limits and approvals.
Assist with reconciling of balance sheet accounts as and when needed.
Assist with petty cash, reconciliation and liaising with practise managers for accurate financial records
Prepare and post monthly journal entries and assist with month-end reconciliations and closures.
Provide support in payroll operations.
Support with purchasing supplies and equipment, ensuring value for money and adherence to procurement policies.
Proactively chase and resolve outstanding financial issues and overdue invoices.
Undertake any additional duties as directed by the Senior Finance Manager or Director of Finance.
About us
Bromley by Bow Health consists of around 200 people. Its a team of varied health professionals including: GPs, nurses, advanced nurse practitioners, Health Care Assistants, pharmacists and administrative support. All staff are committed to providing excellent primary care in an area with significant social and economic challenges. Our healthcare service is provided to over 50,000 patients, operating from 4 surgeries across Tower Hamlets.
Job description
Job responsibilities
The Finance Assistant will be responsible for supporting the Senior Finance Manager with the implementation and management of all financial controls and procedures, and provide a comprehensive financial management information service. This includes monitoring expenditure and identifying variances to target figures, monitoring funds and bank accounts and overseeing the processing of invoices and expenses.
Job description
Job responsibilities
The Finance Assistant will be responsible for supporting the Senior Finance Manager with the implementation and management of all financial controls and procedures, and provide a comprehensive financial management information service. This includes monitoring expenditure and identifying variances to target figures, monitoring funds and bank accounts and overseeing the processing of invoices and expenses.
Person Specification
Knowledge and skills
Essential
- Familiarity with accounts software packages Basic understanding of bookkeeping principles Understanding of financial controls and follow processes Understanding of confidentiality Understanding of customer service Knowledge of issues facing the NHS and primary care in particular
- Attention to detail Ability to communicate with all stakeholders in the organisation Quick learner and adaptable to changes in processes Ability to plan and prioritise work Uses own initiative Demonstrates team building capability, engaging with other team members and budget holders
Qualifications
Essential
- Qualification A recognised qualification in accountancy (ICB, AAT, ACCA, CIMA) or a bachelor's degree in accountancy or any relevant subject
Desirable
- Level 4 AAT, part qualified ACCA, CIMA
Experience
Essential
- Minimum 2 year of experience of working in an accountancy role
Desirable
- Experience of working in accountancy Experience of Xero or other accountancy software Intermediate level of excel
Person Specification
Knowledge and skills
Essential
- Familiarity with accounts software packages Basic understanding of bookkeeping principles Understanding of financial controls and follow processes Understanding of confidentiality Understanding of customer service Knowledge of issues facing the NHS and primary care in particular
- Attention to detail Ability to communicate with all stakeholders in the organisation Quick learner and adaptable to changes in processes Ability to plan and prioritise work Uses own initiative Demonstrates team building capability, engaging with other team members and budget holders
Qualifications
Essential
- Qualification A recognised qualification in accountancy (ICB, AAT, ACCA, CIMA) or a bachelor's degree in accountancy or any relevant subject
Desirable
- Level 4 AAT, part qualified ACCA, CIMA
Experience
Essential
- Minimum 2 year of experience of working in an accountancy role
Desirable
- Experience of working in accountancy Experience of Xero or other accountancy software Intermediate level of excel
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
Additional information
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
