Job summary
Job Title-Treasury Team Leader
Hours per week-37.50
Perm/Fixed Term-Permanent
Salary-£27,055 - £32,934 per annum
Closing Date-01.08.2024
Interview Date-06.08.2024
To support the Shared Services Treasury Manager to lead the team whilst providing a quality and continually improving Financial Services service to the Foundation Group.
Manage the Cashbook, VAT, Reports and controls within the Shared Financial Services, Clinical Services & Innovate
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
- To support the Treasury 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.
- To deputies for the Treasury Manager as required on Financial Services issues.
- Support with mid- year and annual appraisals, objectives and review new staff with probation meetings.
- Adhere to mandatory training.
- Ensure the team adhere to mandatory training.
- Investigate any escalation that have been reported by the teams.
- Keep to the same practices and procedures in line with Shared Services, Clinical Servies and Innovate. Suggest efficient ways processes can be improved. Ensures financial information is processed in accordance with procedures, in order to provide information for statutory returns.
- Monitor, maintain and implement KPI's.
- Assist Treasury Manager with tracking performance measures.
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 in everything we do
Challenge but support
Expect respect and dignity
Local health that inspires confidence
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
- To support the Treasury Manager in the implementation and reporting of the relevant parts of the Treasury Management Policy and ensure that procedures are adhered to.
- Responsible for communicating and interpreting information on complex and sometimes sensitive financial issues. Provides advice on financial and corporate issues to non-finance managers.
- To support the Treasury Manager with the Internal and External Auditors 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 on behalf of Shared Services, Clinical Services and Innovate.
- 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.
- supporting AP with VAT coding at source.
- Responsible for standardising all VAT Returns & Related Reports that have different VAT rules.
- 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 several 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, providing assistance when required. 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 are documented and maintained.
- To provide finance training to budget holders and internal finance staff on financial services issues.
Job description
Job responsibilities
- To support the Treasury Manager in the implementation and reporting of the relevant parts of the Treasury Management Policy and ensure that procedures are adhered to.
- Responsible for communicating and interpreting information on complex and sometimes sensitive financial issues. Provides advice on financial and corporate issues to non-finance managers.
- To support the Treasury Manager with the Internal and External Auditors 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 on behalf of Shared Services, Clinical Services and Innovate.
- 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.
- supporting AP with VAT coding at source.
- Responsible for standardising all VAT Returns & Related Reports that have different VAT rules.
- 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 several 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, providing assistance when required. 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 are documented and maintained.
- To provide finance training to budget holders and internal finance staff on financial services issues.
Person Specification
Experience & Knowledge
Essential
- oProven work experience in a finance role OR a similar level of knowledge acquired through experience
- oIn depth specialist knowledge and understanding of financial services and relevant accounting procedures/principles
- oExperience of co-o-ordinating the work of more junior staff in the section.
Desirable
- oFinancial Services experience in NHS
Qualifications & Professional Training
Essential
- oAAT qualified OR Educated to degree level, plus training for recognised professional financial qualification or a similar level of knowledge acquired through experience.
- oExperience and expertise in a range of accounting areas (e.g., reconciliation and balances, VAT payments and deductions, finance computer systems and ledgers, coding structures
- oVocational Training
- Finance related training and learning programs/courses
Skills & Abilities
Essential
- oExpert user of Financial Systems and databases and Excel
- oDepth and extent of knowledge
- oDemonstrable evidence of influencing and persuading
- oHighly numerate and analytical
- oExcellent verbal reasoning
- oGood report writing skills
- oUnderstanding of current NHS structures and key policies especially IFRS and Foundation Trusts
- oKnowledge of acute hospital environment
- oAbility to lead and motivate staff.
- oAnalyses financial data. Analyses, investigates and resolves financial queries and discrepancies/ complex financial queries and discrepancies
- oMicrosoft S Access skills.
- oAble to plan and prioritise workload effectively, to ensure weekly, monthly, quarterly, and annual financial timetables are met.
- oAbility to deliver finance training to non-finance managers.
Personal Qualities
Essential
- oCommitted to Continuing Professional Development
- oCommands credibility and respect from operational managers and colleagues
- oAble to concentrate and work under pressure.
- oProfessional and reputation for integrity
- oFlexible and supportive work colleague
- oCommercially astute.
Other
Essential
- oKnowledge and understanding of equal opportunities
- oAble to travel between sites.
Person Specification
Experience & Knowledge
Essential
- oProven work experience in a finance role OR a similar level of knowledge acquired through experience
- oIn depth specialist knowledge and understanding of financial services and relevant accounting procedures/principles
- oExperience of co-o-ordinating the work of more junior staff in the section.
Desirable
- oFinancial Services experience in NHS
Qualifications & Professional Training
Essential
- oAAT qualified OR Educated to degree level, plus training for recognised professional financial qualification or a similar level of knowledge acquired through experience.
- oExperience and expertise in a range of accounting areas (e.g., reconciliation and balances, VAT payments and deductions, finance computer systems and ledgers, coding structures
- oVocational Training
- Finance related training and learning programs/courses
Skills & Abilities
Essential
- oExpert user of Financial Systems and databases and Excel
- oDepth and extent of knowledge
- oDemonstrable evidence of influencing and persuading
- oHighly numerate and analytical
- oExcellent verbal reasoning
- oGood report writing skills
- oUnderstanding of current NHS structures and key policies especially IFRS and Foundation Trusts
- oKnowledge of acute hospital environment
- oAbility to lead and motivate staff.
- oAnalyses financial data. Analyses, investigates and resolves financial queries and discrepancies/ complex financial queries and discrepancies
- oMicrosoft S Access skills.
- oAble to plan and prioritise workload effectively, to ensure weekly, monthly, quarterly, and annual financial timetables are met.
- oAbility to deliver finance training to non-finance managers.
Personal Qualities
Essential
- oCommitted to Continuing Professional Development
- oCommands credibility and respect from operational managers and colleagues
- oAble to concentrate and work under pressure.
- oProfessional and reputation for integrity
- oFlexible and supportive work colleague
- oCommercially astute.
Other
Essential
- oKnowledge and understanding of equal opportunities
- oAble to travel between sites.
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
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).