Financial Accountant (financial Accounts & Capital)

Job description

Job responsibilities

Professional:

1. To develop and maintain a detailed understanding of the Trusts processes and procedures and the accounting system relating to financial reporting and control, including an operational understanding of other Finance functions such as Income, Accounts Receivable, Payroll and Procurement.
2. To have a working knowledge and understanding of relevant national accounting standards and an awareness of the NHS Finance framework such as the NHS manual for Accounts.
3. To prepare the monthly reconciliations in a timely manner and to investigate and resolve any discrepancies.
4. To prepare journals in accordance with Trust policy and procedures and input to the Finance Ledger whilst maintaining good audit trail records.
5. To investigate and respond to any queries raised by External Audit during the year-end accounts process.
6. Complete cashbook reconciliations on a weekly basis
7. Complete Balance Sheet control account reconciliations monthly in accordance with timetables
8. Provide appropriate working papers to enable the completion of the Annual Report in accordance with Statutory Financial Regulations and NHS rules
9. Ensure the integrity of the coding structure/ reporting hierarchy
10. Responsible for borrowings reconciliation including IFRS16 leases
11. Responsible for monthly provision workings and reconciliation
12. Respond to Audit queries in a timely manner
13. Responsible for year end AOB process
14. Support in VAT workings and VAT return submission
15. Support in payroll deductions reconciliation
16. Prepare reports on expenditure to be distributed to budget holders.
17. Prepare the capitalisation spreadsheets for new fixed assets once the expenditure is validated.
18. Validate fixed assets recorded on the Fixed Asset Register by distributing lists for verification by budget holders and investigating and resolving any discrepancies.
19. Assist in the preparation for all necessary adjustments that are made to the Fixed Asset Register and therefore to the fixed asset position of the Trust to reflect additions, disposals, revaluation, and any other adjustments.
20. Assist in monitoring the expenditure on donated and government grant assets and ensure the recharges are raised to the appropriate organisations where necessary on a timely basis.
21. To prepare the IFRS 16 lease adjustments done on a monthly basis.
22. To assist in the disclosure requirements for fixed assets for the statutory accounts.
23. To assist in the preparation of detailed working papers to a high standard supporting all entries in the fixed asset register and capital notes to the accounts.

Management:

1. To plan own workload to ensure daily, weekly and monthly financial timetables are met.
2. To ensure that work is performed in accordance with Trust policies and procedures without direct supervision.
3. To assist with the development and maintenance of Capital Accounting practices and procedures in response to changes in national accounting standards and Trust policy

Person Specification

Qualifications

Essential

• Bachelor's degree in finance and accounting or AAT Qualified or Actively pursuing a CCAB/CIMA or equivalent professional accountancy body qualification

Experience

Essential

• Minimum 2 year NHS Trust Finance experience

Skills

Essential

• Good knowledge on accounting standards (IFRS and IAS) and policies
• Good level of competence in Excel, Word, Outlook, MS Teams and Advanced keyboard skills
• Ability to prepare any ad-hoc report requested by the management
• Ability to communicate complex information effectively to all levels of staff
• Analyze financial information using a variety of analytical skills using all relevant factors

Knowledge

Essential

• Good understanding of NHS Trust financial framework, sound grasp of accounting techniques and principles (especially as they apply to the NHS),

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.

Certificate of Sponsorship

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).

Employer details

Employer name

St George's Healthcare NHS Foundation Trust

Address

St George's Hospital

Tooting

SW19 0QT

Employer's website

https://www.stgeorges.nhs.uk/work-with-us/ (Opens in a new tab)