Job summary
The Financial Services & Accounting Manager is a senior finance professional within Velindre University NHS Trust and will report to the Head of Financial Services & Accounting. They will have responsibility for the day-to-day performance and management of the Financial Services & Accounting function.
The role provides direct support to the Head of Financial Services & Accounting in the delivery of the corporate finance agenda and will deputise in their absence. The post holder will also work closely with the Head of Financial Planning & Reporting and the Capital Programme Finance Manager.
Main duties of the job
The financial services and accounting role provides the core statutory accounting functions and manages key financial systems and processes for the Trust. It includes responsibilities that are concerned with financial control procedures and policies, governance and legislative requirements, financial transactions, systems and external statutory reporting.
In addition to delivering the core regulatory and statutory accounting requirements, providing system administration for Oracle Financials and running the banking and treasury management functions, the role will be responsible for a centralised transactional processing service providing support to the business partner accountants, their teams and to budget holders in the production of monthly budgetary control information.
Advise the Head of Financial Services & Accounting on changes to accounting policies and legislation that would have an impact on the Trust Financial status. This involves representing the Trust on external groups that influence these policies eg; All Wales Technical Accounting Group.
Be responsible for the Trust's accounting systems, ensuring accuracy and integrity of information, including the ongoing development of the Oracle Financial Management System ensuring full integration of financial information.
Lead operationally on the co-ordination, preparation and production of the Trust's Annual Accounts, Remuneration Report, Whole of Government Accounts, and all statutory returns.
About us
Here at Velindre University NHS Trust we are extremely proud of the specialist services we provide across the whole of Wales in our cutting-edge Velindre Cancer Centre and ouraward-winning Welsh Blood Service, as well as the expertise of our corporate functions that bring the two divisions together. We are also fortunate to host the NHS Wales Shared Services Partnership and Health Technology Wales and have developed strong partnership working with these expert services.
Formed in 1994, the Trust has a dedicated workforce that continuously strives to apply the key principles of value based healthcare through a wide array of roles. We play a vital role in the communities we support and have ambitious plans for the future to continue to improve the services we deliver. We strive to maintain our core values in everything we do by being; accountable, bold, caring and dynamic, and ensuring the best possible care for our patients and donors.
If you want to work for an organisation that prides itself on making a real difference and offers exciting career opportunities then Velindre University NHS Trust is the place for you.
Visit our website to find out more https://velindre.nhs.wales/
Job description
Job responsibilities
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view in Trac
Financial Governance / Systems
Provide support to the Head of Financial Services & Accounting in ensuring that the Trusts Standing Orders & Financial Instructions, and financial policies and procedures are followed in all financial transactions and that appropriate systems and controls are put in place to maintain proper control of Trust resources.
Financial Accounting
Ensure that sound, appropriate accounting practices are communicated to, clearly understood by, and adhered to throughout the Finance department and the wider Trust. Be the technical expert in the Trust and central point of contact for queries including those relating to International Financial Reporting Standards, NHS Financial Reporting Manuals, Welsh Government instruction, and HMRC Legislation.
Support the Head of Financial Services & Accounting in advising the Trust Board, Audit Committee, Director and Deputy Director of Finance on all aspects of financial accounting and legislation that would have an impact on the Trust Financial status.
Have day-to-day responsibility for the treatment of VAT within the Trust, ensuring that efficient and effective procedures are in place to correctly account for VAT whilst obtaining optimum VAT relief by the organisation.
Lead operationally on the co-ordination, completion and production of the Trusts Annual Accounts, Remuneration Report, Whole of Government Accounts, and all statutory returns in accordance with the NHS Manual for Accounts and IFRSs and to the appropriate standards of accuracy and timeliness.
Support the Head of Financial Services & Accounting in ensuring that appropriate and secure banking arrangements and effective and robust Treasury management processes are in place, taking operational responsibility for ensuring bank reconciliations and accurate cash forecasts are available on a timely basis (as a minimum monthly).
Operationally manage the processes to accurately and promptly invoice and recover income due to the Trust. If necessary, be involved in the recovery of complex or contentious debts.
Job description
Job responsibilities
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click "Apply now" to view in Trac
Financial Governance / Systems
Provide support to the Head of Financial Services & Accounting in ensuring that the Trusts Standing Orders & Financial Instructions, and financial policies and procedures are followed in all financial transactions and that appropriate systems and controls are put in place to maintain proper control of Trust resources.
Financial Accounting
Ensure that sound, appropriate accounting practices are communicated to, clearly understood by, and adhered to throughout the Finance department and the wider Trust. Be the technical expert in the Trust and central point of contact for queries including those relating to International Financial Reporting Standards, NHS Financial Reporting Manuals, Welsh Government instruction, and HMRC Legislation.
Support the Head of Financial Services & Accounting in advising the Trust Board, Audit Committee, Director and Deputy Director of Finance on all aspects of financial accounting and legislation that would have an impact on the Trust Financial status.
Have day-to-day responsibility for the treatment of VAT within the Trust, ensuring that efficient and effective procedures are in place to correctly account for VAT whilst obtaining optimum VAT relief by the organisation.
Lead operationally on the co-ordination, completion and production of the Trusts Annual Accounts, Remuneration Report, Whole of Government Accounts, and all statutory returns in accordance with the NHS Manual for Accounts and IFRSs and to the appropriate standards of accuracy and timeliness.
Support the Head of Financial Services & Accounting in ensuring that appropriate and secure banking arrangements and effective and robust Treasury management processes are in place, taking operational responsibility for ensuring bank reconciliations and accurate cash forecasts are available on a timely basis (as a minimum monthly).
Operationally manage the processes to accurately and promptly invoice and recover income due to the Trust. If necessary, be involved in the recovery of complex or contentious debts.
Person Specification
Qualifications & Knowledge
Essential
- Qualified Accountant
- Knowledge of Accounting Standards
Desirable
- Knowledge of NHS accounting & reporting regime
Experience
Essential
- Experience of working at Senior Level in NHS finance or similar
- Experience of managing Financing Accounting function
- Experience at a managerial level
- Stakeholder management
Desirable
- Understanding of NHS Finance
Skills
Essential
- Ability to plan & organise work of department
- Written and verbal communication skills
- Strong technical accounting & analytical skills
Person Specification
Qualifications & Knowledge
Essential
- Qualified Accountant
- Knowledge of Accounting Standards
Desirable
- Knowledge of NHS accounting & reporting regime
Experience
Essential
- Experience of working at Senior Level in NHS finance or similar
- Experience of managing Financing Accounting function
- Experience at a managerial level
- Stakeholder management
Desirable
- Understanding of NHS Finance
Skills
Essential
- Ability to plan & organise work of department
- Written and verbal communication skills
- Strong technical accounting & analytical skills
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.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
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.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
