Job summary
We are looking for an enthusiastic, hardworking individual, who is preferably a part-qualified CCAB accountant, to join our Finance department in the role of Assistant Financial Accountant. The ideal candidate for this technical role will be highly motivated, able to deal with a varied work pattern and achieve tight deadlines.
Main duties of the job
Maintain the Trust Cashbook and act as the Trust Cash Accountant, monitoring the cash position on a daily basis.
Provide management information to the Senior Finance team on a daily basis related to cash holdings.
Act as the main Financial Accounting contact for Payroll, including actioning interim payments and reconciliation of related control accounts.
Prepare working papers required for monthly & quarterly NHSE monitoring returns and interim and final audits.
About us
Northampton General Hospital is one of the largest employers in the area and we are on an exciting journey. All our divisions are committed to doing things better, with more efficiency as we update, modernise, and advance. We have also entered a Group Model with neighbouring Kettering General Hospital NHS Foundation Trust and become University Hospitals of Northamptonshire.
Our Excellence Values
Compassion
Accountability
Respect
Integrity
Courage
We want to recruit the best people to deliver our services across the University Hospitals of Northamptonshire and help to unleash everyone's full potential. As an organisation, we value how we communicate and promote our vacancies to all communities.
The Hospital Group encourages applications from people who identify from all protected groups, especially those from BAME, Disabled and LGBTQ+ backgrounds as these are underrepresented in our hospitals.
We understand that we need to work with colleagues from diverse backgrounds and make sure the environment they work in is inclusive and collaborative.
We have active Networks that promote and support colleagues from all backgrounds.This ensures everyone feels supported and has a sense of belonging working for Kettering and Northampton General Hospitals.
Job description
Job responsibilities
Daily monitoring and reporting of the Trusts bank accounts ensuring the Trust has sufficient funds to meet payments, salary and other commitments .
Monitoring the average balance held in commercial bank accounts and instigating appropriate action to ensure balances do not exceed DHSC recommendations for the year.
Receipt all direct payments made into the Trusts bank accounts. Investigate payments made without remittances. Journal, as required, payments made out of the Trust bank accounts.
Analyse cashbook transactions & produce short medium term cashflow forecasts for the Trust.
Reconcile bank & control accounts ensuring that balances shown in the Trusts financial ledgers are correct and any discrepancies are investigated and appropriate action taken.
Liaise with Payroll regarding pay queries. Action salary recalls & interim payments.
To assist in the co-ordination and preparation of the Statutory Accounts including preparing backing documents to confirm balances in the Accounts in accordance with national timetables.
Undertake monthly review of Payable & Receivable Balance Sheet codes to ensure accuracy of Statement of Financial Position (SOFP).
Assist with the co-ordination & completion of the NHS Agreement of Balances (AoB) process for Payables/Receivables & Income & Expenditure, including reconciliation to ledger.
Job description
Job responsibilities
Daily monitoring and reporting of the Trusts bank accounts ensuring the Trust has sufficient funds to meet payments, salary and other commitments .
Monitoring the average balance held in commercial bank accounts and instigating appropriate action to ensure balances do not exceed DHSC recommendations for the year.
Receipt all direct payments made into the Trusts bank accounts. Investigate payments made without remittances. Journal, as required, payments made out of the Trust bank accounts.
Analyse cashbook transactions & produce short medium term cashflow forecasts for the Trust.
Reconcile bank & control accounts ensuring that balances shown in the Trusts financial ledgers are correct and any discrepancies are investigated and appropriate action taken.
Liaise with Payroll regarding pay queries. Action salary recalls & interim payments.
To assist in the co-ordination and preparation of the Statutory Accounts including preparing backing documents to confirm balances in the Accounts in accordance with national timetables.
Undertake monthly review of Payable & Receivable Balance Sheet codes to ensure accuracy of Statement of Financial Position (SOFP).
Assist with the co-ordination & completion of the NHS Agreement of Balances (AoB) process for Payables/Receivables & Income & Expenditure, including reconciliation to ledger.
Person Specification
Education, Training & Qualifications
Essential
- Good standard of GCSE (or equivalent) education, including Maths & English.
- AAT Qualified
Desirable
- Studying for full CCAB qualification - finalist
Knowledge & Experience
Essential
- Up to date knowledge International Financial Reporting Standards.
- Detailed understanding of accounting principles and control account reconciliations.
- Experience of the provision of financial service (Treasury, Payables & Receivables) in a large complex environment.
- Experience of query resolution and problem solving
Desirable
- Working knowledge of the Department of Health and Social Care (DHSC) Group Accounting Manual and understanding of NHS Finance
- Preparing working papers for internal & external reporting and participating in Annual Accounts Audit review
- Working knowledge of the E-Financial ledger system.
- Working knowledge of NHSE monitoring return requirements and Agreement of Balances exercise
- Experience of producing cashflows, reconciling bank & control accounts.
Skills
Essential
- Ability to influence both internal and external contacts through a variety of communication methods.
- Good command of Microsoft Office with advanced spreadsheet skills
- Ability to design and co-ordinate financial reports and present clear verbal briefings on complex financial issues
- Advanced concentration skills
Desirable
- Able to demonstrate analytical skills.
Person Specification
Education, Training & Qualifications
Essential
- Good standard of GCSE (or equivalent) education, including Maths & English.
- AAT Qualified
Desirable
- Studying for full CCAB qualification - finalist
Knowledge & Experience
Essential
- Up to date knowledge International Financial Reporting Standards.
- Detailed understanding of accounting principles and control account reconciliations.
- Experience of the provision of financial service (Treasury, Payables & Receivables) in a large complex environment.
- Experience of query resolution and problem solving
Desirable
- Working knowledge of the Department of Health and Social Care (DHSC) Group Accounting Manual and understanding of NHS Finance
- Preparing working papers for internal & external reporting and participating in Annual Accounts Audit review
- Working knowledge of the E-Financial ledger system.
- Working knowledge of NHSE monitoring return requirements and Agreement of Balances exercise
- Experience of producing cashflows, reconciling bank & control accounts.
Skills
Essential
- Ability to influence both internal and external contacts through a variety of communication methods.
- Good command of Microsoft Office with advanced spreadsheet skills
- Ability to design and co-ordinate financial reports and present clear verbal briefings on complex financial issues
- Advanced concentration skills
Desirable
- Able to demonstrate 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).
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).
