Job summary
Thank you for your interest in becoming Sherwood Forest Hospitals NHS Foundation Trust's Financial Controller. We would be delighted to welcome you into our award winning team. We are the first Finance function in the East Midlands to reach Future Focused Finance (FFF) Level 3 Accreditation. Which demonstrates our excellence and team spirit.
I am looking for a finance leader who can demonstrate commitment to improvement. An enthusiastic, positive attitude and approach to work is essential, as is a determination to drive value for patients and taxpayers. Our team focus is on using finance skills to make a difference to the services we offer. As our Financial Controller, you will be supporting our services to attain the capital assets required to deliver the best patient care and support the Trust to achieve its ambition of a sustainable future with a strong focus on collaborative working.
If you are a team player who can demonstrate excellent personal qualities such as integrity, self-awareness & self-management, compassion & care and resilience then this could be the perfect role for you.
Our award-winning Finance team are passionate about improving NHS Finance to support the delivery of quality services for patients. We believe in personal and departmental development and we strive to demonstrate the highest standards of financial practice.
Main duties of the job
The overriding purpose is to support the provision of the highest quality patient care through personal actions and continuous improvement.
The post holder is responsible for:
- To ensure robust financial controls are in place, and to support the Head of Financial Services with ensuring the timely and accurate production of the annual accounts for the Trust and Charity.
- To deputise for the Head of Financial Services; providing technical support and reporting as required to senior managers, the ICB and NHSE on all financial accounting matters including VAT, capital and treasury.
- To line manage the Accounts Payable Manager, Treasury Accountant, and Capital &Technical Account and their teams.
- The post holder will work with the finance team to ensure monthly reporting processes are completed accurately and in accordance with agreed timescales, with particular focus on balance sheet reporting, financial controls and financial processes
- The overriding purpose is to support the provision of the highest quality patient care through personal actions and continuous improvement.
About us
Thank you for your interest in this role.
Sherwood is nationally recognised as being an excellent place to work and deliver care. We are rightly proud of the 5,500 colleagues who work here and we are the Health Service Journal's Trust of the Year in 2020.
The Care Quality Commission rated King's Mill Hospital Outstanding and Newark, and Mansfield Community Hospitals Good. Overall we are rated Outstanding for care.
For the last three years, we have been ranked as the best NHS Trust to work for in the Midlands and in 2020 we were the third best Acute/Community NHS Trust in England.
Happy colleagues deliver better care. Our teams work in a supportive, inclusive environment, which nurtures wellbeing and has opportunities for development and progression. We do not just care for our patients, we also care for you.
We would love you to join us.
Job description
Job responsibilities
- Provides a comprehensive deputy role to the Head of Financial Services and to undertake any specific projects as required
- Effective management and training of the Financial Services teams. Establish professional standards for the team. This includes the development and review of policies and procedures making amendments where necessary to ensure efficiency
- Conduct Personal Development Reviews and regular 1:1s with the Accounts Payable Manager, Treasury Accounting Manager and Capital &Technical Accountant
- Ensuring procedures and the Trusts Standing Financial Instructions (SFIs) are adhered to and deadlines are met. Undertake checking procedures to comply with audit requirements, including the maintenance of appropriate authorised signatories and segregation of duties
- Responsible for monitoring against the capital programme including ensuring that any appropriate systems are kept up to date and reports are accurate for the purposes of Capital Oversight Group, Finance Committee or other necessary reporting
- Responsible for the production, regular updating, and reconciliation of the cash-flow statement to aid the cash management process
- Responsible for completion of the capital loan PDC application, prior to checking and submission by the Head of Financial Services, including any working capital PDC draw down are completed on a timely basis
- The post holder will support the Divisional Finance Managers to undertake financial evaluations in preparation for / assessment of new business cases, ensuring all capital implications are correctly understood
- Responsible to ensure timely processing of invoices through a robust system of internal control in accordance with the SFIs and SoD
- Ensure appropriate procedures for the timely recovery of debt
- Responsible for ensuring the following tasks relating to Value Added Tax (VAT) are completed in an accurate and timely manner
- The preparation and submission of monthly VAT returns, ensuring that claims are processed accurately and in compliance with statutory timetables and HMRC legislation.
- Liaising with the Trusts VAT advisor
- Supports the Head of Financial Services in the interpretation and implementation of any relevant accounting guidance or standards applicable to the Trus
- Review and sign off control account reconciliations, ensuring the accuracy and timeliness of financial reporting
- Support the Head of Financial Services in the preparation of all financial accounts for the Trust, Charitable Funds, Voluntary Services Committee and Staff Lottery, ensuring that accurate information is provided in accordance with SFIs and established timetables, in full compliance with Audit requirements, to produce working papers to support the preparation of the Annual Accounts
- Supports the Head of Financial Services in the
- Implementation and monitoring of Internal and External Audit agreed recommendations. This will include on-going review to ensure these agreed controls remain in place
- Management of the Staff Lottery, acting as Secretary to the Lottery Committee
- To undertake any other duties which may be reasonably regarded as within the nature of the duties, responsibilities, and grade of the post as defined, subject to the proviso that appropriate training is given and that wherever possible significant changes of a permanent nature shall be mutually agreed and incorporated into the job description in specific terms and the post re-evaluated if the change is likely to result in a job evaluation score change.
Job description
Job responsibilities
- Provides a comprehensive deputy role to the Head of Financial Services and to undertake any specific projects as required
- Effective management and training of the Financial Services teams. Establish professional standards for the team. This includes the development and review of policies and procedures making amendments where necessary to ensure efficiency
- Conduct Personal Development Reviews and regular 1:1s with the Accounts Payable Manager, Treasury Accounting Manager and Capital &Technical Accountant
- Ensuring procedures and the Trusts Standing Financial Instructions (SFIs) are adhered to and deadlines are met. Undertake checking procedures to comply with audit requirements, including the maintenance of appropriate authorised signatories and segregation of duties
- Responsible for monitoring against the capital programme including ensuring that any appropriate systems are kept up to date and reports are accurate for the purposes of Capital Oversight Group, Finance Committee or other necessary reporting
- Responsible for the production, regular updating, and reconciliation of the cash-flow statement to aid the cash management process
- Responsible for completion of the capital loan PDC application, prior to checking and submission by the Head of Financial Services, including any working capital PDC draw down are completed on a timely basis
- The post holder will support the Divisional Finance Managers to undertake financial evaluations in preparation for / assessment of new business cases, ensuring all capital implications are correctly understood
- Responsible to ensure timely processing of invoices through a robust system of internal control in accordance with the SFIs and SoD
- Ensure appropriate procedures for the timely recovery of debt
- Responsible for ensuring the following tasks relating to Value Added Tax (VAT) are completed in an accurate and timely manner
- The preparation and submission of monthly VAT returns, ensuring that claims are processed accurately and in compliance with statutory timetables and HMRC legislation.
- Liaising with the Trusts VAT advisor
- Supports the Head of Financial Services in the interpretation and implementation of any relevant accounting guidance or standards applicable to the Trus
- Review and sign off control account reconciliations, ensuring the accuracy and timeliness of financial reporting
- Support the Head of Financial Services in the preparation of all financial accounts for the Trust, Charitable Funds, Voluntary Services Committee and Staff Lottery, ensuring that accurate information is provided in accordance with SFIs and established timetables, in full compliance with Audit requirements, to produce working papers to support the preparation of the Annual Accounts
- Supports the Head of Financial Services in the
- Implementation and monitoring of Internal and External Audit agreed recommendations. This will include on-going review to ensure these agreed controls remain in place
- Management of the Staff Lottery, acting as Secretary to the Lottery Committee
- To undertake any other duties which may be reasonably regarded as within the nature of the duties, responsibilities, and grade of the post as defined, subject to the proviso that appropriate training is given and that wherever possible significant changes of a permanent nature shall be mutually agreed and incorporated into the job description in specific terms and the post re-evaluated if the change is likely to result in a job evaluation score change.
Person Specification
Contractual Requirements
Essential
- Ability to work the hours required, to ensure satisfactory performance of duties
Personal Values
Essential
- Must be able to demonstrate behaviours consistent with the Trust's values
- Must be able to demonstrate a strength in leadership to ensure those within the service also demonstrate behaviours consistent with the Trust's values and standards
Communication & Relationships
Essential
- Ability to build productive working relationships with a wide range of colleagues at all levels within and outside the Trust
- Able to advise, support and challenge senior budget holders over financial issues, influencing them in a particular course of action as required. Conveys financial concepts clearly and persuasively
Knowledge
Essential
- Knowledge of IFRS and its application in the NHS via the FReM. Good understanding of the NHS financial regime
- Knowledge of current issues within the NHS and the changing nature of Healthcare provision
Desirable
- Knowledge of Charity Accounting requirements
- Knowledge of Sherwood CARE values
Qualifications
Essential
- Fully qualified Accountant - CCAB or equivalent
Desirable
Training
Essential
- Continuous commitment to personal and departmental development such as attendance at SDN or One NHS finance or equivalent courses
- Commitment to positive EDI in the NHS
Desirable
Experience
Essential
- NHS or equivalent post qualification experience in a relevant finance role
- Ability to influence and persuade managers and clinicians through the possession of high quality inter-personal skills
- High-level written and oral communication skills, and expert analytical and problem-solving ability. Good business management, project management and administrative skills
- Participated in final accounts process including liaison with External Audit for an NHS or other equivalent organisation
Desirable
- Experience of staff management
- Experience of operating at a senior management level in a busy and complex Financial Management environment
- Experience of leading a final accounts process in the NHS including experience of AOB
- Experience in designing, developing, managing, and maintaining complex computerised financial systems, spreadsheets, and databases
Analytical & Judgemental Skills
Essential
- Ability to make judgements involving highly complex facts or situations, which require the analysis, interpretation, and comparison of a range of options
- Makes judgements on financial decisions and financial risk where there is no precedent and where other leading opinions may conflict
Planning & Organisational Skills
Essential
- Ability to plan and organise the capital planning cycle
- Experience in the development, implementation and maintenance of systems and controls that ensure the provision of expert information and advice
Person Specification
Contractual Requirements
Essential
- Ability to work the hours required, to ensure satisfactory performance of duties
Personal Values
Essential
- Must be able to demonstrate behaviours consistent with the Trust's values
- Must be able to demonstrate a strength in leadership to ensure those within the service also demonstrate behaviours consistent with the Trust's values and standards
Communication & Relationships
Essential
- Ability to build productive working relationships with a wide range of colleagues at all levels within and outside the Trust
- Able to advise, support and challenge senior budget holders over financial issues, influencing them in a particular course of action as required. Conveys financial concepts clearly and persuasively
Knowledge
Essential
- Knowledge of IFRS and its application in the NHS via the FReM. Good understanding of the NHS financial regime
- Knowledge of current issues within the NHS and the changing nature of Healthcare provision
Desirable
- Knowledge of Charity Accounting requirements
- Knowledge of Sherwood CARE values
Qualifications
Essential
- Fully qualified Accountant - CCAB or equivalent
Desirable
Training
Essential
- Continuous commitment to personal and departmental development such as attendance at SDN or One NHS finance or equivalent courses
- Commitment to positive EDI in the NHS
Desirable
Experience
Essential
- NHS or equivalent post qualification experience in a relevant finance role
- Ability to influence and persuade managers and clinicians through the possession of high quality inter-personal skills
- High-level written and oral communication skills, and expert analytical and problem-solving ability. Good business management, project management and administrative skills
- Participated in final accounts process including liaison with External Audit for an NHS or other equivalent organisation
Desirable
- Experience of staff management
- Experience of operating at a senior management level in a busy and complex Financial Management environment
- Experience of leading a final accounts process in the NHS including experience of AOB
- Experience in designing, developing, managing, and maintaining complex computerised financial systems, spreadsheets, and databases
Analytical & Judgemental Skills
Essential
- Ability to make judgements involving highly complex facts or situations, which require the analysis, interpretation, and comparison of a range of options
- Makes judgements on financial decisions and financial risk where there is no precedent and where other leading opinions may conflict
Planning & Organisational Skills
Essential
- Ability to plan and organise the capital planning cycle
- Experience in the development, implementation and maintenance of systems and controls that ensure the provision of expert information and advice
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.
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
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.
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
