Job summary
An opportunity has arisen for a Capital Accountant to join the team at Hertfordshire Community NHS Trust. We are seeking applications from ambitious individuals who can bring positivity and financial support to the capital projects colleagues. The individual will have an opportunity to be involved in the capital strategy of the Trust, while being a key member of the finance team. Capital accounting training and support will be provided to the successful candidate as well as the opportunity to develop their financial career in a positive and friendly environment.
Main duties of the job
Primary responsibilities include:
- To assist on drafting, monitoring and discussing capital budgets in line with available resources and ensure depreciation and PDC is accurately calculated and applied to the accounts.
- Work with the financial services provider to resolve issues, journals and capital payments
- Support in monthly reconciliations processes
- Support the Deputy Head of Financial Control and Head of Financial Control to complete the Trust's NHSI monthly & annual returns, annual plans and other adhoc modelling for business cases.
The role will operate across the function offering expertise and support where required, specialising in the Trust capital function. This will require the individual to be self-motivated to find and solve issues, and look to improve the future of the information, including opportunities for automation.
Overall the individual needs to be driven and focused to achieve high quality reporting to change the organisation.
In addition to the basic salary, this post attracts a High Cost Area Supplement of 5% of basic salary subject to a minimum payment of £1,192 and a maximum payment of £2,011 per annum
Interview - tbc
About us
A big thank you for considering joining us at Hertfordshire Community NHS Trust. You'll find it a great place to work with many benefits offered to you as a member of our staff
We put our patients, their families and carers at the centre of our vision - Outstanding Services and Healthier Communities Our staff are proud to be Innovative, Caring and Agile in their work to help achieve the Trust visionWe welcome diversity in our workforce and are interested in applicants from all backgrounds and ages
We don't want you to miss out so we'd like you to know that if we have a high level of interest in this role, the vacancy may close prior to the advertised closing date, so please make your application as soon as possible - Apply now
You've made a great decision to apply to join to HCT - we're looking forward to taking the next steps of the journey with you
Job description
Job responsibilities
- To review and verify requisitions relating to capital schemes.
- Review business cases, ensuring that capital charges are correctly calculated and all criteria for capital expenditure have been met.
- Liaise on a regular basis with the Project leads in respect of project control and capital expenditure forecasting.
- Control the issue of capital scheme codes and to ensure that all expenditure meets capital accounting and business case requirements
- Liaise with Management accounting team to re-code/re-charge expenditure between Revenue to Capital, where required.
- Responsible for accurate VAT reclaims (if applicable) on all capital expenditure.
- Producing monthly Capital reports for Senior Management review, illustrating spend to date against plan, identifying and explaining variances and providing forecasting to the end of the financial year.
- To develop annual and monthly capital plans in line with the Trusts annual plan and 5 year rolling capital programme.
- Complete capital reporting narratives for month and year end positions
- Contribute towards the preparation of monthly financial returns and annual returns for the Trust and capital.
- To support the annual budget setting process with respect to SOFP items by calculating forecast depreciation and PDC charges.
- Assist with the preparation of annual accounts and working papers for the Trust.
- To monitor the Fixed Asset Register, ensuring all items are verified annually, items are correctly categorised and disposals forms completed when appropriate.
- Ensure the financial supporting documentation is accurate and updated regularly.
- Performing monthly reconciliations between the asset register and the General Ledger identifying and rectifying any discrepancies.
- Input financial data accurately and on a timely basis.
Word versions of documents are available if needed to allow for any adaptations to be made i.e. font, colour, background, convert to Read Aloud.
Job description
Job responsibilities
- To review and verify requisitions relating to capital schemes.
- Review business cases, ensuring that capital charges are correctly calculated and all criteria for capital expenditure have been met.
- Liaise on a regular basis with the Project leads in respect of project control and capital expenditure forecasting.
- Control the issue of capital scheme codes and to ensure that all expenditure meets capital accounting and business case requirements
- Liaise with Management accounting team to re-code/re-charge expenditure between Revenue to Capital, where required.
- Responsible for accurate VAT reclaims (if applicable) on all capital expenditure.
- Producing monthly Capital reports for Senior Management review, illustrating spend to date against plan, identifying and explaining variances and providing forecasting to the end of the financial year.
- To develop annual and monthly capital plans in line with the Trusts annual plan and 5 year rolling capital programme.
- Complete capital reporting narratives for month and year end positions
- Contribute towards the preparation of monthly financial returns and annual returns for the Trust and capital.
- To support the annual budget setting process with respect to SOFP items by calculating forecast depreciation and PDC charges.
- Assist with the preparation of annual accounts and working papers for the Trust.
- To monitor the Fixed Asset Register, ensuring all items are verified annually, items are correctly categorised and disposals forms completed when appropriate.
- Ensure the financial supporting documentation is accurate and updated regularly.
- Performing monthly reconciliations between the asset register and the General Ledger identifying and rectifying any discrepancies.
- Input financial data accurately and on a timely basis.
Word versions of documents are available if needed to allow for any adaptations to be made i.e. font, colour, background, convert to Read Aloud.
Person Specification
Qualifications and Training
Essential
- Educated to degree level or have extensive and developed specialist knowledge to an equivalent standard
- Working towards a professional CCAB Qualification (or equivalent) or be in the process of studying for the qualification.
Experience and Knowledge
Essential
- Significant experience operating at a senior level within a finance department.
- Able to demonstrate knowledge of IFRS, UKGAAP accounting standards/policies and procedures
- The post holder will need to establish effective communication mechanisms to communicate highly complex information effectively at all levels of the organisation.
- Experience of undertaking some complex analysis.
- Experience of computerised systems and software including spreadsheets, databases, MS Word and email.
- Experience in working with minimal supervision.
- Experience of dealing with multiple stakeholders and having the ability to handle conflicting priorities.
- Ability to work effectively and efficiently in a fast changing environment.
- Experience of working to tight deadlines.
- Able to initiate and implement change
Desirable
- Experience of analytical work.
- Experience of investigation and analysis into financial issues including evidence of detailed and precise report writing skills.
- Experience in effectively managing difficult conversations and / or challenging colleagues.
- Experience of dealing with multiple stakeholders and having the ability to handle conflicting priorities.
Skills and Abilities
Essential
- Considered the specialist and responsible for interpreting policies in their own field.
- Works within agreed objectives, policies and procedures and is given freedom to do this in own way.
- Good IT skills including the use of computerised financial accounting and customised software.
- Competant user of MS Excel with the ability to use a full range of formulae to model and analyse large amounts of data.
- Competant user of MS Word.
- Ability to use information from diverse sources to produce reports that meet the requirements of key stakeholders
- Positive, motivated and enthusiastic attitude.
- Able to plan and prioritise work for self
- Able to work under pressure and meet objectives while handling conflicting demands and challenging deadlines
- Flexibility to work independently or as part of a team to achieve organisational objectives.
- Able to concentrate for reasonable periods of time sometimes analysing complex data.
- A good organiser with realistic time management skills.
- Understanding of: - Technical Accounting - Governance and Internal Controls
Desirable
- Provision of costing support to development of business cases
- Advanced analytical skills including financial accounting & planning
- Willingness to take the initiative and actively participate in improvement of processes and procedures
- Ability to reflect on own performance and recognise areas for development
- NHS Manual of Accounts
- Proficient in use of MS Access, Outlook and Powerpoin applications
Other
Essential
- Eligible to live and work in the UK
- Willingness to uphold the Trust's values
- If applicable to the role, staff are required to hold a full, valid, UK driving licence and have access to a car to use with business insurance (unless the member of staff has a disability as defined by the Equality Act 2010).
Person Specification
Qualifications and Training
Essential
- Educated to degree level or have extensive and developed specialist knowledge to an equivalent standard
- Working towards a professional CCAB Qualification (or equivalent) or be in the process of studying for the qualification.
Experience and Knowledge
Essential
- Significant experience operating at a senior level within a finance department.
- Able to demonstrate knowledge of IFRS, UKGAAP accounting standards/policies and procedures
- The post holder will need to establish effective communication mechanisms to communicate highly complex information effectively at all levels of the organisation.
- Experience of undertaking some complex analysis.
- Experience of computerised systems and software including spreadsheets, databases, MS Word and email.
- Experience in working with minimal supervision.
- Experience of dealing with multiple stakeholders and having the ability to handle conflicting priorities.
- Ability to work effectively and efficiently in a fast changing environment.
- Experience of working to tight deadlines.
- Able to initiate and implement change
Desirable
- Experience of analytical work.
- Experience of investigation and analysis into financial issues including evidence of detailed and precise report writing skills.
- Experience in effectively managing difficult conversations and / or challenging colleagues.
- Experience of dealing with multiple stakeholders and having the ability to handle conflicting priorities.
Skills and Abilities
Essential
- Considered the specialist and responsible for interpreting policies in their own field.
- Works within agreed objectives, policies and procedures and is given freedom to do this in own way.
- Good IT skills including the use of computerised financial accounting and customised software.
- Competant user of MS Excel with the ability to use a full range of formulae to model and analyse large amounts of data.
- Competant user of MS Word.
- Ability to use information from diverse sources to produce reports that meet the requirements of key stakeholders
- Positive, motivated and enthusiastic attitude.
- Able to plan and prioritise work for self
- Able to work under pressure and meet objectives while handling conflicting demands and challenging deadlines
- Flexibility to work independently or as part of a team to achieve organisational objectives.
- Able to concentrate for reasonable periods of time sometimes analysing complex data.
- A good organiser with realistic time management skills.
- Understanding of: - Technical Accounting - Governance and Internal Controls
Desirable
- Provision of costing support to development of business cases
- Advanced analytical skills including financial accounting & planning
- Willingness to take the initiative and actively participate in improvement of processes and procedures
- Ability to reflect on own performance and recognise areas for development
- NHS Manual of Accounts
- Proficient in use of MS Access, Outlook and Powerpoin applications
Other
Essential
- Eligible to live and work in the UK
- Willingness to uphold the Trust's values
- If applicable to the role, staff are required to hold a full, valid, UK driving licence and have access to a car to use with business insurance (unless the member of staff has a disability as defined by the Equality Act 2010).
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).
