Job summary
As a Senior Financial Accountant, you will support the Head of Financial Services (Financial Accounts, Capital & Systems) to enable timely submissions of the monthly and year-end national performance returns and statutory accounts. The post-holder will work with the Head of Financial Services and other Senior members of the team in the completion of the Trust's Annual Accounts ensuring that accurate and detailed working papers are maintained for audit. The post-holder will also share the responsibility of discussing any complex issues that arise with internal and external auditors and trust staff at all levels. The postholder will have an integral role in ensuring financial governance and tight financial controls are in place throughout the organisation. The production of performance monitoring information such as Performance and Finance Committee reporting, and any other external returns
The post-holder will have overall responsibility for the Capital Asset Register ensuring that the register reflects the assets of the Trust and organising revaluation exercises as required by the DoHSC
The post-holder will assist in developing and maintaining systems, procedures and controls to ensure the financial resources of the Trust are protected and managed in accordance with the Standing Financial Instructions. Ensuring the timely production of fortnightly and yearly cash flow reports, and the Trust's cash position is presented accurately on a weekly basis to the Senior Managers
Main duties of the job
To produce the month-end capital performance reports covering actual capital expenditure against plan with associated scheme by scheme reports. Investigate variances from plan and ensure that action on changes required is taken to ensure that the Trust achieves its Capital Resource LimitSupport the annual accounts process, providing necessary schedules and working papers to support the production of the Trust's final accounts including the audit review process.
The role also includes leadership of specific projects
Assisting in developing and maintaining systems, procedures and controls to ensure the financial resources of the Trust are protected and managed in accordance with the Standing Financial InstructionsTo ensure that the Chart of Accounts is fit for purpose and the integrity of the Trust's General Leger is maintainedDevelop the Trust's financial system to ensure that it remains fit for purpose and that it is used to optimise and report on the financial performance of the Trust
With support from the Charitable Fund Financial Accountant responsible for the production of the Charity Annual accounts and driving improvements in planning and reporting systems.With the support of the Charitable Fund Financial Accountant responsible for that section, ensure all deadlines are adhered to in the monthly internal timetable and the finance wide timetable to ensure timely reporting of financial information to all stakeholders.
About us
The Princess Alexandra Hospital NHS Trust (PAHT) provides a full range of general acute, outpatient and diagnostic services at The Princess Alexandra Hospital in Harlow, the Herts and Essex Hospital in Bishop's Stortford, and St Margaret's Hospital in Epping.
We employ 3,500 staff and serve a local population of around 350,000 people living in west Essex and east Hertfordshire, centred on the M11 corridor and the towns of Harlow, Bishop's Stortford and Epping. Our extended catchment area incorporates a population of up to 500,000 and includes the areas of Hoddesdon, Cheshunt and Broxbourne in Hertfordshire.
Job description
Job responsibilities
Financial ReportingEnsure that all reporting internally and externally is produced in a timely and professional manner, including support for completion of NHSE/I and other regulatory returns as requiredTo produce the month-end capital performance reports covering actual capital expenditure against plan with associated scheme by scheme reports. Investigate variances from plan and ensure that action on changes required is taken to ensure that the Trust achieves its Capital Resource LimitSupport the annual accounts process, providing necessary schedules and working papers to support the production of the Trusts final accounts including the audit review process.
The post will support the HoFS in the modernisation agenda of the department. The role also includes leadership of specific projects
New HospitalInput into capital aspects associated with the New Hospital development including equipment.Support the Finance Lead for the New Hospital, meeting all the requests that this lead hasFinancial SystemsAssisting in developing and maintaining systems, procedures and controls to ensure the financial resources of the Trust are protected and managed in accordance with the Standing Financial InstructionsTo ensure that the Chart of Accounts is fit for purpose and the integrity of the Trusts General Leger is maintainedDevelop the Trusts financial system to ensure that it remains fit for purpose and that it is used to optimise and report on the financial performance of the Trust
Charity AccountingWith support from the Charitable Fund Financial Accountant responsible for the production of the Charity Annual accounts and driving improvements in planning and reporting systems.With the support of the Charitable Fund Financial Accountant responsible for that section, ensure all deadlines are adhered to in the monthly internal timetable and the finance wide timetable to ensure timely reporting of financial information to all stakeholders.
Job description
Job responsibilities
Financial ReportingEnsure that all reporting internally and externally is produced in a timely and professional manner, including support for completion of NHSE/I and other regulatory returns as requiredTo produce the month-end capital performance reports covering actual capital expenditure against plan with associated scheme by scheme reports. Investigate variances from plan and ensure that action on changes required is taken to ensure that the Trust achieves its Capital Resource LimitSupport the annual accounts process, providing necessary schedules and working papers to support the production of the Trusts final accounts including the audit review process.
The post will support the HoFS in the modernisation agenda of the department. The role also includes leadership of specific projects
New HospitalInput into capital aspects associated with the New Hospital development including equipment.Support the Finance Lead for the New Hospital, meeting all the requests that this lead hasFinancial SystemsAssisting in developing and maintaining systems, procedures and controls to ensure the financial resources of the Trust are protected and managed in accordance with the Standing Financial InstructionsTo ensure that the Chart of Accounts is fit for purpose and the integrity of the Trusts General Leger is maintainedDevelop the Trusts financial system to ensure that it remains fit for purpose and that it is used to optimise and report on the financial performance of the Trust
Charity AccountingWith support from the Charitable Fund Financial Accountant responsible for the production of the Charity Annual accounts and driving improvements in planning and reporting systems.With the support of the Charitable Fund Financial Accountant responsible for that section, ensure all deadlines are adhered to in the monthly internal timetable and the finance wide timetable to ensure timely reporting of financial information to all stakeholders.
Person Specification
Qualifications
Essential
- CCAB Qualified
- Demonstrate Continuing Professional Development
Desirable
- Education to degree OR Masters level or equivalent
Experience
Essential
- Experience of working at a senior level across a range of finance functions
- Extensive experience of financial accounting in a large organisation
- Have experience of operationally managing a financial accounting team
- Experience of working within an NHS Finance Department
Desirable
- DHSC / HM Treasury business case guidance
- Knowledge of HM Customs & Revenue recovery of VAT on capital projects
Skills
Essential
- Proficient in the use of financial systems, including spreadsheets and database packages and have the ability to develop systems to maximum benefits to users
- Proficient in the use of financial systems, including spreadsheets and database packages and have the ability to develop systems to maximum benefits to users
- Ability to prepare and present financial information to non-financial people
- Planning, monitoring and influencing skills
Knowledge
Essential
- Have extensive experience in the preparation of the statutory annual accounts process and a range of other financial services including capital, charity and VAT
- Have an advanced understanding of financial management and financial accounting principles and procedures
- Knowledge and understanding of strategic NHS issues and priorities
- Proficient in the use of financial systems, including spreadsheets and database packages and have the ability to develop systems to maximum benefits to users
Person Specification
Qualifications
Essential
- CCAB Qualified
- Demonstrate Continuing Professional Development
Desirable
- Education to degree OR Masters level or equivalent
Experience
Essential
- Experience of working at a senior level across a range of finance functions
- Extensive experience of financial accounting in a large organisation
- Have experience of operationally managing a financial accounting team
- Experience of working within an NHS Finance Department
Desirable
- DHSC / HM Treasury business case guidance
- Knowledge of HM Customs & Revenue recovery of VAT on capital projects
Skills
Essential
- Proficient in the use of financial systems, including spreadsheets and database packages and have the ability to develop systems to maximum benefits to users
- Proficient in the use of financial systems, including spreadsheets and database packages and have the ability to develop systems to maximum benefits to users
- Ability to prepare and present financial information to non-financial people
- Planning, monitoring and influencing skills
Knowledge
Essential
- Have extensive experience in the preparation of the statutory annual accounts process and a range of other financial services including capital, charity and VAT
- Have an advanced understanding of financial management and financial accounting principles and procedures
- Knowledge and understanding of strategic NHS issues and priorities
- Proficient in the use of financial systems, including spreadsheets and database packages and have the ability to develop systems to maximum benefits to users
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).
