Job summary
The post holder will support the Capital and Financial Accounting team in carrying out a range of financial accounting duties including IFRS 16 accounting to ensure that the capital fund and general ledger is accounted for promptly and accurately in line with Standing Financial Instructions.
This will involve inputting information to financial systems and spreadsheets, reconciliation of the Trust bank accounts and other appropriate balance sheets, assisting with the preparation of reports andyear-end processes and completing the Trust VAT returns,
The post holder will be the main reference point for day-to-day administrative duties and queries in relation to financial accounting and the capital fund.
Main duties of the job
Responsible for secure handling, recording, and banking of the Trusts income from a variety of sources to ensure all financial timetables are met.
Accurately receipt income received directly into the Trusts bank accounts, identifying errors and discrepancies and initiating corrective action.
Assist with the production of monthly VAT returns and supporting analysis to ensure that VAT is reclaimed appropriately.
Record items on the losses and compensation payment register accurately; assist with the monthly and annual reconciliation and returns to ensure that the items reflects a true representation of the Trust position.
Carry out financial control account reconciliations in line with the monthly timetable (this includes net payroll, bank, tax & NI and salary recharge control accounts). Investigate any errors and escalate those that cannot be resolved easily to senior members of the team.
Work with the Financial and Capital team to reconcile and prepare monthly reports on creditors and debtors in accordance with agreed timetables.
Assist in the production of capital expenditure reports on a monthly basis in accordance with the Trust's agreed timetables and departmental policies and procedures.
Assist with the management of the Fixed Asset Register entering capital financial transactions (additions, transfers, disposals, revaluations and depreciation) in a timely and accurate manner.
About us
London North West University Healthcare NHS Trust (LNWH) cares for the people of Brent, Ealing, Harrow and beyond.
Our team of more than 8,200 clinical and support staff serve a diverse population of almost one million people.
We run major acute services at:
- Northwick Park Hospital: home to one of the busiest emergency departments (A&E) in the country. The hospital provides a full range of services including the country's top-rated hyper-acute stroke unit and one of only three hyper-acute rehabilitation units in the UK
- St Mark's Hospital: an internationally renowned specialist centre for bowel disease
- Ealing Hospital: a busy district general hospital providing a range of clinical services, as well as 24/7 emergency department and urgent care centre, and specialist care at Meadow House Hospice
- Central Middlesex Hospital: our planned care site, hosting a range of surgical and outpatient services and collocated with an urgent care centre.
We are a university teaching NHS trust, in recognition of the important role we play in training clinicians of the future and bringing the benefits of research to the public.
Job description
Job responsibilities
Responsible for secure handling, recording, and banking of the Trusts income from a variety of sources to ensure all financial timetables are met.
Accurately receipt income received directly into the Trusts bank accounts, identifying errors and discrepancies and initiating corrective action.
Assist with the production of monthly VAT returns and supporting analysis to ensure that VAT is reclaimed appropriately.
Record items on the losses and compensation payment register accurately; assist with the monthly and annual reconciliation and returns to ensure that the items reflects a true representation of the Trust position.
Carry out financial control account reconciliations in line with the monthly timetable (this includes net payroll, bank, tax & NI and salary recharge control accounts). Investigate any errors and escalate those that cannot be resolved easily to senior members of the team.
Work with the Financial and Capital team to reconcile and prepare monthly reports on creditors and debtors in accordance with agreed timetables.
Assist in the production of capital expenditure reports on a monthly basis in accordance with the Trusts agreed timetables and departmental policies and procedures.
Assist with the management of the Fixed Asset Register entering capital financial transactions (additions, transfers, disposals, revaluations and depreciation) in a timely and accurate manner.
Check that invoices received for payment have been previously approved by the Capital Executive Committee, and are correctly coded against a Capital Scheme. Ensure the VAT position is correct, making checks where necessary.
Assist with the verification of assets exercise on a cyclical basis including advising on the correct asset disposal processes as appropriate
Work autonomously on monthly control accounts and use own initiative in solving any problems or queries.
Support the Financial and Capital Accountant in producing the relevant year-end final accounts notes; this involves analysing, validating and preparing reports.
Ensure that all payments and claims are made so that the statutory reporting requirements are being met by the Trust.
Assist the Trusts auditors in their work and support the implementation of any recommendations arising from their work including making changes to systems and processes.
Ensure compliance with the Trusts Standing Financial Instructions.
File source documentation in accordance with departmental procedures ensuring that stored material is readily retrievable.
Provide cover for the cash office as and when required.
Job description
Job responsibilities
Responsible for secure handling, recording, and banking of the Trusts income from a variety of sources to ensure all financial timetables are met.
Accurately receipt income received directly into the Trusts bank accounts, identifying errors and discrepancies and initiating corrective action.
Assist with the production of monthly VAT returns and supporting analysis to ensure that VAT is reclaimed appropriately.
Record items on the losses and compensation payment register accurately; assist with the monthly and annual reconciliation and returns to ensure that the items reflects a true representation of the Trust position.
Carry out financial control account reconciliations in line with the monthly timetable (this includes net payroll, bank, tax & NI and salary recharge control accounts). Investigate any errors and escalate those that cannot be resolved easily to senior members of the team.
Work with the Financial and Capital team to reconcile and prepare monthly reports on creditors and debtors in accordance with agreed timetables.
Assist in the production of capital expenditure reports on a monthly basis in accordance with the Trusts agreed timetables and departmental policies and procedures.
Assist with the management of the Fixed Asset Register entering capital financial transactions (additions, transfers, disposals, revaluations and depreciation) in a timely and accurate manner.
Check that invoices received for payment have been previously approved by the Capital Executive Committee, and are correctly coded against a Capital Scheme. Ensure the VAT position is correct, making checks where necessary.
Assist with the verification of assets exercise on a cyclical basis including advising on the correct asset disposal processes as appropriate
Work autonomously on monthly control accounts and use own initiative in solving any problems or queries.
Support the Financial and Capital Accountant in producing the relevant year-end final accounts notes; this involves analysing, validating and preparing reports.
Ensure that all payments and claims are made so that the statutory reporting requirements are being met by the Trust.
Assist the Trusts auditors in their work and support the implementation of any recommendations arising from their work including making changes to systems and processes.
Ensure compliance with the Trusts Standing Financial Instructions.
File source documentation in accordance with departmental procedures ensuring that stored material is readily retrievable.
Provide cover for the cash office as and when required.
Person Specification
Essential Criteria
Essential
- 1. Educated to NVQ level 4 standard 2. 5 GCSEs including Maths and English or equivalent qualification 3. Passed the ECDL modules or comparable experience
- 1. Experience working in a financial environment 2. Knowledge of accounting procedures 3. Experience of working tight deadlines 4. Experience of computerised accounting systems 5. Experience of managing and prioritising a busy workload.
- 1. Highly numerate with good technical skills 2. Competency in spreadsheet skills 3. Ability to learn quickly and capable of working on your own initiative with minimum supervision
- Demonstrate commitment to Trust HEART values.
Desirable
- 1. Studying towards AAT/CCAB/ACCA/CIMA
- 2. Understanding of VAT
Person Specification
Essential Criteria
Essential
- 1. Educated to NVQ level 4 standard 2. 5 GCSEs including Maths and English or equivalent qualification 3. Passed the ECDL modules or comparable experience
- 1. Experience working in a financial environment 2. Knowledge of accounting procedures 3. Experience of working tight deadlines 4. Experience of computerised accounting systems 5. Experience of managing and prioritising a busy workload.
- 1. Highly numerate with good technical skills 2. Competency in spreadsheet skills 3. Ability to learn quickly and capable of working on your own initiative with minimum supervision
- Demonstrate commitment to Trust HEART values.
Desirable
- 1. Studying towards AAT/CCAB/ACCA/CIMA
- 2. Understanding of VAT
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).
