Job summary
An exciting opportunity has arisen for a Treasury Accountant to join the team at Bedfordshire Hospitals NHS Foundation Trust. The Trust's services are rated as Good by the CQC. The Trust has substantial capital investment programme that will see the quality of facilities greatly improved allowing us to continue delivering exceptional care for our patients.
The Finance Team has over 50 members of staff working in Financial Accounts, Management Accounts and Contracting across the Bedford and Luton site. It is a great place to work where we support learning and development of our staff. We have an excellent track record of developing and promoting our staff internally.
We are also proud to hold the following employer accreditations:
ACCA Approved Employer Programme
CIMA Premier Partner
AAT Employer Scheme
Main duties of the job
The role will allow you to broaden your experience within Financial Accounts and increase your business acumen.
The broad purpose of the post is:
To be responsible for monitoring the cash flow of the Trust on a daily basis, making periodic analysis, on the basis of historical cash flows and by the use of forecasts and business acumen.
To undertake all treasury operations and advise the Financial Controller of any cash short falls or excesses that are forecasted.
To review bills and income streams on a constant bases and assess the various payment methods; maintaining a day to day control over treasury transactions and authorisation of bank payments.
About us
Bedfordshire Hospitals NHS Foundation Trust provides hospital services to a growing population of around 700,000 people living across Bedfordshire and the surrounding areas across two busy hospital sites in Bedford and Luton. Both hospital sites offer key services such as A&E, Obstetrics-led Maternity and Paediatrics.
You will be joining a friendly, high performing Trust committed to ensuring the health and wellbeing of staff. As one of the largest NHS Trusts in our region you will have access to a programme of high quality training and development to help you grow your career.
We have state-of-the art facilities placing us at the heart of cutting edge health care. The Trust continues to be committed to delivering the best patient care using the best clinical knowledge and technology available.
Please note that vacancies may close prior to the advertised closing date when sufficient number of applications have been received. Please ensure that you make your application as soon as possible.
All new staff will be subject to a probationary period covering their first six months in post. Travel between hospital sites may be required.
Please review all documents attached to this advert to ensure you familiarise yourself with all requirements of the job.
Job description
Job responsibilities
- Manage the day-to-day operation of the Treasury function by ensuring that Trust cash books are maintained and that balances on each account remain within the defined thresholds.
- Maintain the treasury management system to ensure that cash is available to meet the ongoing day to day expenditure requirements.
- Produce daily, monthly, quarterly and annual cash flow projections for inclusion in treasury reports.
- Maintain all cash books
- Reconcile cash books to bank statements on a weekly basis
- Input movements on cash books to the Daily Cash Flow spreadsheet.
- Prepare the daily cash flow report for review and approval by the Financial Controller ensuring the maintenance of a positive cash balance going forward.
- Action cash transfers between bank accounts as required and manual payments.
- Communicate with the bank to obtain clarification where required of items on bank statements.
- Preparation of receipting and journals as required for bank accounts not otherwise actioned.
- Provide support, where necessary, in the upload of data into the General Ledger from various source feeds to ensure that the data is available to produce timely and relevant information to Budget Holders.
- Analysis of receipts for VAT purposes
- Issue loss and compensation claims forms (controlled document) and monitor progress through to completion / rejection by the Director of Finance.
- Maintenance of the BHT losses and compensation register
- Validation of purchasing card statements and posting transactions to the general ledger.
- Reconcile the schedule of patient monies, and reimbursement of funeral costs
- Administer the Trust car lease and bike schemes including processing of application forms, maintenance of records, communications with payroll and reconciliations.
- Reconcile, analyse and monitor complex control accounts, designing and maintaining records on excel spreadsheets.
- Analyse complex financial data including benchmarking indicators and income budgets to enable monitoring and ensure completeness of finance department activity.
- Ensure treasury information is prepared in a timely manner to facilitate the production of accurate monthly trial balance and corporate performance reports.
- Issue rail warrants.
- Arrange payment of salary deductions to deadlines
- Preparation of PAYE, NIC & pension returns and payments within required time limits.
- Appropriate filing and storage of all documents relating to workload, arranging transfer of older documents to archive. Identifying destruction date of records in line with Trust policy.
- Post sundry receipts income including catering and car parking income to the cash book and the ledger
- Prepare the turnover transparency report monthly for review and upload to the Trust website.
- Reconcile and pay medics for private healthcare work where the Trust has received that income.
- To ensure that all financial operating procedures pertaining to this role are up to date and being followed
- Deputise for the Financial Accountant as and when required
- To undertake any other reasonable duties as requested by the Financial Accountant, Financial Controller or Head of Financial Control.
Job description
Job responsibilities
- Manage the day-to-day operation of the Treasury function by ensuring that Trust cash books are maintained and that balances on each account remain within the defined thresholds.
- Maintain the treasury management system to ensure that cash is available to meet the ongoing day to day expenditure requirements.
- Produce daily, monthly, quarterly and annual cash flow projections for inclusion in treasury reports.
- Maintain all cash books
- Reconcile cash books to bank statements on a weekly basis
- Input movements on cash books to the Daily Cash Flow spreadsheet.
- Prepare the daily cash flow report for review and approval by the Financial Controller ensuring the maintenance of a positive cash balance going forward.
- Action cash transfers between bank accounts as required and manual payments.
- Communicate with the bank to obtain clarification where required of items on bank statements.
- Preparation of receipting and journals as required for bank accounts not otherwise actioned.
- Provide support, where necessary, in the upload of data into the General Ledger from various source feeds to ensure that the data is available to produce timely and relevant information to Budget Holders.
- Analysis of receipts for VAT purposes
- Issue loss and compensation claims forms (controlled document) and monitor progress through to completion / rejection by the Director of Finance.
- Maintenance of the BHT losses and compensation register
- Validation of purchasing card statements and posting transactions to the general ledger.
- Reconcile the schedule of patient monies, and reimbursement of funeral costs
- Administer the Trust car lease and bike schemes including processing of application forms, maintenance of records, communications with payroll and reconciliations.
- Reconcile, analyse and monitor complex control accounts, designing and maintaining records on excel spreadsheets.
- Analyse complex financial data including benchmarking indicators and income budgets to enable monitoring and ensure completeness of finance department activity.
- Ensure treasury information is prepared in a timely manner to facilitate the production of accurate monthly trial balance and corporate performance reports.
- Issue rail warrants.
- Arrange payment of salary deductions to deadlines
- Preparation of PAYE, NIC & pension returns and payments within required time limits.
- Appropriate filing and storage of all documents relating to workload, arranging transfer of older documents to archive. Identifying destruction date of records in line with Trust policy.
- Post sundry receipts income including catering and car parking income to the cash book and the ledger
- Prepare the turnover transparency report monthly for review and upload to the Trust website.
- Reconcile and pay medics for private healthcare work where the Trust has received that income.
- To ensure that all financial operating procedures pertaining to this role are up to date and being followed
- Deputise for the Financial Accountant as and when required
- To undertake any other reasonable duties as requested by the Financial Accountant, Financial Controller or Head of Financial Control.
Person Specification
Qualifications
Essential
- Minimum of 5 GCSE's (A-C grade)
- AAT qualified
Experience
Essential
- Proficient with Excel
- Experienced in preparing PAYE, NIC and pensions returns and payments
- Experienced in producing control account reconciliations
- Demonstrate a background in working with finance systems
Desirable
- Knowledge of Unit 4 Agresso
- NHS experience
Knowledge
Essential
- Ability to organise and prioritise
- Ability to work to strict timetables
- Ability to investigate and find solutions to problems
- Ability to deal with users in a sensitive and diplomatic way
- Good written and communication skills
- Ability to work both individually and as part of a team
Personal Skills
Essential
- Creative and flexible
- Enthusiastic and self aware
- Open/ reflective/ warm
- Team focussed
- Reliable, adaptable and dependable
Person Specification
Qualifications
Essential
- Minimum of 5 GCSE's (A-C grade)
- AAT qualified
Experience
Essential
- Proficient with Excel
- Experienced in preparing PAYE, NIC and pensions returns and payments
- Experienced in producing control account reconciliations
- Demonstrate a background in working with finance systems
Desirable
- Knowledge of Unit 4 Agresso
- NHS experience
Knowledge
Essential
- Ability to organise and prioritise
- Ability to work to strict timetables
- Ability to investigate and find solutions to problems
- Ability to deal with users in a sensitive and diplomatic way
- Good written and communication skills
- Ability to work both individually and as part of a team
Personal Skills
Essential
- Creative and flexible
- Enthusiastic and self aware
- Open/ reflective/ warm
- Team focussed
- Reliable, adaptable and dependable
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).
