Job summary
Job Title - Treasury Manager
Hours per week - 37.5
Permanent/Fixed term - Permanent
Salary - £35392 - £42618
Closing Date: 9th July 2024
Interview Date: 14th July 2024
This post may close early due to high numbers of applications so you are advised to apply promptly.
All correspondence for this vacancy will be sent by email; please check your account regularly including your Junk and SPAM areas.
A great and friendly place to work, so bring your passion, commitment and expertise and enjoy the opportunities to make a difference every day.
Careers at George Eliot - 'Where you make a difference'
Main duties of the job
Main duties and Responsibilities
Support the Shared Services team in providing a quality and continually improving to the Foundation Group. Ensure that current procedure notes are maintained and assist with the creation of SOP.
Ensure the team have regular 1-1's, mid- year & annual appraisals,
Standardise procedures, suggest efficient ways processes can be improved
Ensure that procedures are adhered to.Communicates and interprets information on complex and sometimes sensitive financial issues. Provides advice on financial and corporate issues to non-finance manager.
Be the day-to-day key contact for the Internal and External Auditors on treasury management and cash and be responsible for ensuring all working papers are of a high standard. Ensuring that all relevant audit recommendations have been updated
Responsible for the VAT legislation is adhered to by trusts. -Submission of monthly VAT returns for the Trust and its wholly owned subsidiaries - Application of VAT as it relates to the NHS - VAT Partial exemption calculations - General Ledger reconciliation of VAT control codes to VAT return - Minimising the amount claimed by external VAT advisors on under and over recoveries in relation to invoice transactions. - To provide cover and advice for completion of the VAT returns of the other FG members when/as required.
Management of the Treasury team.
Complete control account reconciliations on a timely basis, resolving and clearing reconciling items.
About us
Here at George Eliot our vision to 'excel at patient care' takes centre stage. An ever evolving clinically-led acute service provider we are on a journey to continually provide high quality, safe and responsive services delivered by inspiring, friendly and compassionate staff who share our corporate values which underpin everything we do. Our values are not just words on a piece of paper, they bond us together, reflect our ambition and shape who we are.
Effective Open Communication
excellence and safety
Challenge but support
Expect respect and dignity
Local health that inspires
Benefits:On-site nursery, 27 days minimum annual leave plus bank holidays, cycle to work scheme, flexible working, extensive in-house course learning directory, buying and selling of annual leave, subsidised restaurant, tranquillity garden and generous subsidised on-site parking.
Job description
Job responsibilities
Main duties and Responsibilities
To support the Shared Services Financial Manager in providing a quality and continually improving Financial Services service to the Foundation Group. Ensure that current procedure notes are maintained and assist with the creation of SOPs
Ensure the team have regular 1-1s, support with mid- year and annual appraisals, objectives and review new staff with probation meetings
Adhere to mandatory training.
Investigate any escalation that have been reported by the teams
Keep to the same practices and procedures in line with all three locations. Suggest efficient ways processes can be improved
Monitor, maintain and implement KPIs.
Track performance measures,
To support the Shared Services Financial Manager in the implementation and reporting of the relevant parts of the Treasury Management Policy and ensure that procedures are adhered to.
Communicates and interprets information on complex and sometimes sensitive financial issues. Provides advice on financial and corporate issues to non-finance manager
To be the day-to-day key contact for the Internal and External Auditors on treasury management and cash and be responsible for ensuring all working papers are of a high standard. Ensuring that all relevant audit recommendations in treasury have been updated
Responsible for the VAT legislation is adhered to by trusts.
This includes:
Submission of monthly VAT returns for the Trust and its wholly owned subsidiaries
Application of VAT as it relates to the NHS
VAT Partial exemption calculations
General Ledger reconciliation of VAT control codes to VAT return
Minimising the amount claimed by external VAT advisors on under and over recoveries in relation to invoice transactions.
To provide cover and advice for completion of the VAT returns of the other Foundation Group members when/as required.
The post holder must ensure procedures are in place to recover and record VAT accurately and to maintain records in accordance with Customs and Excise regulations.
Manage the Finance Assistants ensuring the day-to-day provision of a treasury function is complete in a timely manner resolving any anomalies.
Undertaken a number of other agreed control account reconciliations on a timely basis, resolving and clearing reconciling items.
Requires and applies expert knowledge and experience of all finance systems and how they integrate e.g. Sales Ledger, cash management and General Ledger. Interprets and applies this knowledge to ensure the correct functioning of these systems for any transactions in undertaking the control account reconciliations.
Analyses complex financial information. Creates sometimes complex spreadsheets using advanced spreadsheet skills to provide ad hoc costings/information to managers. Uses other software packages for specific purposes.
The postholder is responsible for ensuring that procedure notes for Cash book, VAT and Controls Team for SWFT are documented.
To deputise for the Shared Financial Services Manager as required on Financial Services issues.
To provide finance training to budget holders and internal finance staff on financial services issues.
Any other duties as commensurate with the grade of the post.
Job description
Job responsibilities
Main duties and Responsibilities
To support the Shared Services Financial Manager in providing a quality and continually improving Financial Services service to the Foundation Group. Ensure that current procedure notes are maintained and assist with the creation of SOPs
Ensure the team have regular 1-1s, support with mid- year and annual appraisals, objectives and review new staff with probation meetings
Adhere to mandatory training.
Investigate any escalation that have been reported by the teams
Keep to the same practices and procedures in line with all three locations. Suggest efficient ways processes can be improved
Monitor, maintain and implement KPIs.
Track performance measures,
To support the Shared Services Financial Manager in the implementation and reporting of the relevant parts of the Treasury Management Policy and ensure that procedures are adhered to.
Communicates and interprets information on complex and sometimes sensitive financial issues. Provides advice on financial and corporate issues to non-finance manager
To be the day-to-day key contact for the Internal and External Auditors on treasury management and cash and be responsible for ensuring all working papers are of a high standard. Ensuring that all relevant audit recommendations in treasury have been updated
Responsible for the VAT legislation is adhered to by trusts.
This includes:
Submission of monthly VAT returns for the Trust and its wholly owned subsidiaries
Application of VAT as it relates to the NHS
VAT Partial exemption calculations
General Ledger reconciliation of VAT control codes to VAT return
Minimising the amount claimed by external VAT advisors on under and over recoveries in relation to invoice transactions.
To provide cover and advice for completion of the VAT returns of the other Foundation Group members when/as required.
The post holder must ensure procedures are in place to recover and record VAT accurately and to maintain records in accordance with Customs and Excise regulations.
Manage the Finance Assistants ensuring the day-to-day provision of a treasury function is complete in a timely manner resolving any anomalies.
Undertaken a number of other agreed control account reconciliations on a timely basis, resolving and clearing reconciling items.
Requires and applies expert knowledge and experience of all finance systems and how they integrate e.g. Sales Ledger, cash management and General Ledger. Interprets and applies this knowledge to ensure the correct functioning of these systems for any transactions in undertaking the control account reconciliations.
Analyses complex financial information. Creates sometimes complex spreadsheets using advanced spreadsheet skills to provide ad hoc costings/information to managers. Uses other software packages for specific purposes.
The postholder is responsible for ensuring that procedure notes for Cash book, VAT and Controls Team for SWFT are documented.
To deputise for the Shared Financial Services Manager as required on Financial Services issues.
To provide finance training to budget holders and internal finance staff on financial services issues.
Any other duties as commensurate with the grade of the post.
Person Specification
Experience and Knowledge
Essential
- Length and type of experience
- Level at which experience gained
- Proven work experience in a finance role OR a similar level of knowledge acquired through experience
- In depth specialist knowledge and understanding of financial services and relevant accounting procedures/principles
Desirable
- Acute sector experience
- Financial services experience in the NHS
Qualification and Professional Training
Essential
- Level of education
- Professional qualifications
- Vocational Training
- Post basic qualification
- Training and learning programmes/courses
- Part Qualified member of Consultative Committee of Accountancy Bodies (CCAB) or equivalent
- Educated to degree level, plus training for recognised professional financial qualification or a similar level of knowledge acquired through experience
Skills and Abilities
Essential
- Range and level of skills
- Depth and extent of knowledge
- Expert user of Financial Systems and databases, in particular E-Financial and Excel
- Demonstrable evidence of influencing and persuading
- Highly numerate and analytical
- Excellent verbal reasoning
- Good report writing skills
- Understanding of current NHS structures and key policies especially IFRS and Foundation Trusts
- Knowledge of acute
- Hospital environment
- Ability to lead and motivate staff
- Able to plan and prioritise
Desirable
Person Specification
Experience and Knowledge
Essential
- Length and type of experience
- Level at which experience gained
- Proven work experience in a finance role OR a similar level of knowledge acquired through experience
- In depth specialist knowledge and understanding of financial services and relevant accounting procedures/principles
Desirable
- Acute sector experience
- Financial services experience in the NHS
Qualification and Professional Training
Essential
- Level of education
- Professional qualifications
- Vocational Training
- Post basic qualification
- Training and learning programmes/courses
- Part Qualified member of Consultative Committee of Accountancy Bodies (CCAB) or equivalent
- Educated to degree level, plus training for recognised professional financial qualification or a similar level of knowledge acquired through experience
Skills and Abilities
Essential
- Range and level of skills
- Depth and extent of knowledge
- Expert user of Financial Systems and databases, in particular E-Financial and Excel
- Demonstrable evidence of influencing and persuading
- Highly numerate and analytical
- Excellent verbal reasoning
- Good report writing skills
- Understanding of current NHS structures and key policies especially IFRS and Foundation Trusts
- Knowledge of acute
- Hospital environment
- Ability to lead and motivate staff
- Able to plan and prioritise
Desirable
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).
