Job summary
An exciting opportunity has arisen for a highly motivated individual to assist on managing the Trusts capital program and its five years capitalstrategy, as well as be motivated to learn all aspects of fixed assets accounting ensuring any changes in regulations, guidance and accountingstandards for fixed assets are communicated to all relevant parties and implemented effectively. The individual will assist in presenting the Trustscapital position to the Capital Program Board as well as monthly reporting to NHSi and to ensure that year end statutory requirements are mettaking into account current DHSC, NHSi and IFRS guidance. The individual will assist the delivery of achieving the Trust's strategic aims forcapital as well as ensuring that the Trusts capital control target is met at the financial year end.
The successful candidate will be a technical minded, good Excel skills, able to work under pressure and report to tight deadlines,as well as able to demonstrate the ability to understand complex processes and resolve issues accurately, effectively and efficiently. You will be agood communicator, display a positive and proactive attitude, strong organisational skills and the ability to prioritise and multi-task.
Main duties of the job
To provide financial and capital accounting services to the Trust, with the aim of:
- Recording financial and capital transactions accurately and ensuring the integrity of the fixed asset register and general ledger is maintained
- Ensuring appropriate capital controls are maintained and adhered to
- Supporting the production of the capital asset financial information for the monthly NHS Improvement returns, annual statutory accounts, Capital Programme Board (CPB) finance report and other financial reports ensuring that work is completed on a timely basis so that internal and external reporting deadlines are met
- Supporting the Capital Manager in ensuring the integrity of the fixed asset register through a rolling programme of asset verification
- Providing capital financial input, advice and support to the Trust
- Conducting standard analysis of the fixed asset register
- Ensuring VAT is correctly accounted for on capital schemes
- Accountable to the Head of Financial Operations for adherence to statutory accounting requirements, International Financial Reporting Standards, Department of Health and NHS Improvement accounting standards and Trust policies for internal control, corporate governance and reporting requirements.
About us
We have nearly 7,000 members of staff that care for nearly one million people locally, regionally, nationally and internationally. Both hospitals provide full clinical services, including full maternity, emergency and children's, in addition to a range of community-based services across London, such as award-winning sexual health and HIV clinics.
We are one of the best performing FTs in London for A&E waiting times, and mortality rates are better than average. Since the Care Quality Commission last inspected our hospitals we have taken on responsibility for a range of new services. Our new services include:
- Cardiac catheter service and a paediatric assessment unit on the West Middlesex site
- Surgical assessment unit on the Chelsea site
- New sexual health clinic at 10 Hammersmith Broadway
- Virtual fracture clinics
- Learning disabilities passports
Job description
Job responsibilities
- Operational Responsibilities
- Recording financial and capital transactions accurately and ensuring the integrity of the fixed asset register and general ledger is maintained
- Supporting the capital accountant in ensuring the fixed asset register is updated to reflect asset valuations, decommissioned assets, impairments, disposals and changes to asset lives
- Ensuring appropriate capital controls are maintained and adhered to
- Supporting the production of the capital asset financial information for the monthly NHS Improvement returns, annual statutory accounts, Capital Programme Board (CPB) finance report and other financial reports ensuring that work is completed on a timely basis so that internal and external reporting deadlines are met
- Supporting the Capital Manager in ensuring the integrity of the fixed asset register through a rolling programme of asset verification
- Production of regular budget statements for capital budget holders and other ad hoc reports as required
- Preparation of the monthly depreciation journal
- Providing capital financial input, advice and support to the Trust
- Conducting standard analysis of the fixed asset register
- Ensuring VAT is correctly accounted for on capital schemes
- Support the capital accountant in providing administrative support to the CPB and medical equipment sub-group meetings ensuring papers are circulated on a timely basis
- Maintain the register of leased assets and assist in the provision of financial information relating to leases for statutory returns
- Prepare and post complex accruals subject to approval
- Prepare and post standard journals subject to approval
- Prepare and post complex journals subject to approval
- Prepare complex reconciliations
- Ensure that work is completed on a timely basis to ensure internal and external reporting deadlines are met
- Respond to first line capital budget enquiries
- Assist the Capital Manager in preparing responses to Freedom of Information requests relating to capital issues
- Provide back up support to the Systems Manager in respect of routine tasks
- Control Systems and Statutory Responsibilities
- Responsible for the maintenance and development of all written procedures relating to the processes under the post holders control
- Ensure all duties are performed in accordance with the Trusts Standing Orders and Standing Financial Instructions.
- Ensure adherence to internal, external and statutory accounting requirements and standards
- Supervisory Responsibilities
- Supervision of work conducted by placement students and/or apprentices as required
- Training
- Keep up to date with national and local Finance Staff Development (FSD) strategy, initiatives and opportunities. Help create a culture of learning and staff development
- Responsible for assisting with training and induction of new team members as required
- Communication
- Provide answers to first line queries
- Ensure all communication, which may be complex, contentious or sensitive, is undertaken in a responsive and inclusive manner, focusing on improvement and ways to move forward.
- Other
- Undertake any other duties requested as appropriate to the banding
Job description
Job responsibilities
- Operational Responsibilities
- Recording financial and capital transactions accurately and ensuring the integrity of the fixed asset register and general ledger is maintained
- Supporting the capital accountant in ensuring the fixed asset register is updated to reflect asset valuations, decommissioned assets, impairments, disposals and changes to asset lives
- Ensuring appropriate capital controls are maintained and adhered to
- Supporting the production of the capital asset financial information for the monthly NHS Improvement returns, annual statutory accounts, Capital Programme Board (CPB) finance report and other financial reports ensuring that work is completed on a timely basis so that internal and external reporting deadlines are met
- Supporting the Capital Manager in ensuring the integrity of the fixed asset register through a rolling programme of asset verification
- Production of regular budget statements for capital budget holders and other ad hoc reports as required
- Preparation of the monthly depreciation journal
- Providing capital financial input, advice and support to the Trust
- Conducting standard analysis of the fixed asset register
- Ensuring VAT is correctly accounted for on capital schemes
- Support the capital accountant in providing administrative support to the CPB and medical equipment sub-group meetings ensuring papers are circulated on a timely basis
- Maintain the register of leased assets and assist in the provision of financial information relating to leases for statutory returns
- Prepare and post complex accruals subject to approval
- Prepare and post standard journals subject to approval
- Prepare and post complex journals subject to approval
- Prepare complex reconciliations
- Ensure that work is completed on a timely basis to ensure internal and external reporting deadlines are met
- Respond to first line capital budget enquiries
- Assist the Capital Manager in preparing responses to Freedom of Information requests relating to capital issues
- Provide back up support to the Systems Manager in respect of routine tasks
- Control Systems and Statutory Responsibilities
- Responsible for the maintenance and development of all written procedures relating to the processes under the post holders control
- Ensure all duties are performed in accordance with the Trusts Standing Orders and Standing Financial Instructions.
- Ensure adherence to internal, external and statutory accounting requirements and standards
- Supervisory Responsibilities
- Supervision of work conducted by placement students and/or apprentices as required
- Training
- Keep up to date with national and local Finance Staff Development (FSD) strategy, initiatives and opportunities. Help create a culture of learning and staff development
- Responsible for assisting with training and induction of new team members as required
- Communication
- Provide answers to first line queries
- Ensure all communication, which may be complex, contentious or sensitive, is undertaken in a responsive and inclusive manner, focusing on improvement and ways to move forward.
- Other
- Undertake any other duties requested as appropriate to the banding
Person Specification
Person specification
Essential
- NVQ Level 5 / AAT Certificate Level /Educated to degree level or equivalent experience
- Relevant experience in a financial/capital accounting environment
- Experience of computerised accounting systems
- Experience of working with minimal supervision
- Good word-processing & spread sheet knowledge
- Able to design and update spread sheets and produce financial reports
- Putting patients first
- Responsive to, and supportive of, patients and staff
- Open, welcoming and honest
- Unfailingly kind, treating everyone with respect, compassion and dignity
- Determined to develop our skills and continuously improve the quality of care
- Experience in accounting including processing journals and reconciliations
- Supervisory experience
- Able to work with a high degree of accuracy and attention to detail
- Able to identify and resolve issues accurately, effectively and efficiently.
- Knowledge of rules surrounding confidentiality, information governance and data protection
- Awareness of IFRS
- Good organiser with realistic time management skills
- Able to manage and prioritise own workload
- Ability to work well in a team and on own initiative
- Able to demonstrate clear and concise written and verbal communication skills
- Able to communicate professionally with all levels of staff and the public
- Able to deal diplomatically with client queries and concerns and diffuse potentially difficult situations
- Sufficient to perform the duties of the post with any aids or adaptations
- Evidence of a commitment to personal development
- Professional proactive attitude
- Able to demonstrate behaviour which reinforces Trust values
Desirable
- Financial accounts experience within the NHS & knowledge of the NHS financial regime
- Part CCAB qualified
Person Specification
Person specification
Essential
- NVQ Level 5 / AAT Certificate Level /Educated to degree level or equivalent experience
- Relevant experience in a financial/capital accounting environment
- Experience of computerised accounting systems
- Experience of working with minimal supervision
- Good word-processing & spread sheet knowledge
- Able to design and update spread sheets and produce financial reports
- Putting patients first
- Responsive to, and supportive of, patients and staff
- Open, welcoming and honest
- Unfailingly kind, treating everyone with respect, compassion and dignity
- Determined to develop our skills and continuously improve the quality of care
- Experience in accounting including processing journals and reconciliations
- Supervisory experience
- Able to work with a high degree of accuracy and attention to detail
- Able to identify and resolve issues accurately, effectively and efficiently.
- Knowledge of rules surrounding confidentiality, information governance and data protection
- Awareness of IFRS
- Good organiser with realistic time management skills
- Able to manage and prioritise own workload
- Ability to work well in a team and on own initiative
- Able to demonstrate clear and concise written and verbal communication skills
- Able to communicate professionally with all levels of staff and the public
- Able to deal diplomatically with client queries and concerns and diffuse potentially difficult situations
- Sufficient to perform the duties of the post with any aids or adaptations
- Evidence of a commitment to personal development
- Professional proactive attitude
- Able to demonstrate behaviour which reinforces Trust values
Desirable
- Financial accounts experience within the NHS & knowledge of the NHS financial regime
- Part CCAB qualified
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).