Job summary
An exciting new opportunity has arisen for an experienced financial accountant/controller looking to enhance their career. The post holder will be one of two Senior Financial Controllers supporting the Head of Financial Services to ensure that all internal and external reporting is completed in an accurate and timely manner.
The post holder will be an important leader within the Finance Directorate and in the wider organisation, responsible for Financial Accounts, Accounts Payable/Receivable, Treasury Management & Cashiers, Capital Accounting/Planning, Charitable Funds and Financial Systems
The post holder will gain a variety of experience including the opportunity to influence change and strengthen financial control at a leading Mental Health provider within the NHS. We are a dynamic team and with the objective of delivering a 'right first time' service, with a customer focus. We are committed to the Trust's values of being Respectful, Open, Collaborative, Compassionate and Consistent.
The finance team are now looking to enhance how it operates, working smarter, more efficiently and effectively, minimising manual tasks. We are committed to embedding automation in the way we do things, so that we can improve our reporting times and concentrate on strengthening our roles to support our operational service managers in the services they deliver, to ultimately improve patient care and ensuring we deliver best value for money.
Main duties of the job
The postholder is responsible for all aspects of financial control within the financial services team to ensure that the team provides a quality financial service for the Trust including:
- monthly and annual NHS financial reporting requirements including statutory financial returns
- ensuring internal control procedures, including reconciliations are followed.
- ensure the timely and accurate processing of transactions and completion of control checks to enable the Trust to provide key variance analysis on trends and forecasts
- day to day management of the financial services function including Accounts Payable, Treasury, Financial Accounts and Financial Systems teams
- managing and developing staff
- responsible for delivering world class financial systems
- supporting annual budget and long-term financial planning
Technical accountancy, I.T literacy and staff management skills are crucial. We are looking for an individual who can bring previous experience and enthusiasm to our established team. You will be a CCAB qualified accountant (passed finalist/qualified), preferably with previous NHS experience. You will have strong leadership qualities, communication, presentation and analytical skills and have experience of dealing with difficult situations in a professional manner.
About us
We are Proud to Belong at South West London and St George's Mental Health NHS Trust.
We have expert services, a rich history and a clear commitment to providing the best quality care for those with mental ill-health. The Care Quality Commission already rates our services as 'good' - we aspire to be 'outstanding'.
This is a great time to join us. We are transforming the way we care for our communities to support our mission of Making Life Better Together. We have built two brand new mental health facilities at Springfield University Hospital, which are amongst the best in the world. More developments are planned across our sites and services.
We are inclusive and diverse and strive to be actively anti racist. We want to attract people from all backgrounds and experiences to enrich the work we do together. We are proud to co-produce and involve our local communities in all that we do.
We offer flexible working, career development and a variety ofbenefits to enable a positive, welcoming environment in which our people and their careers can thrive.
Come and join our inclusive teams and help our patients on their recovery journey.
Job description
Job responsibilities
- Lead the production of the Trusts statutory annual accounts, providing comprehensive procedure notes, high quality working papers and a detailed plan and timetable to all finance and appropriate non-finance staff to ensure completion of the accounts in line with local and national deadlines.
- To produce the year end timetable and procedures to enable the production of the annual accounts within the Department of Health and Social Care timetable and in accordance with statutory and accounting (GAAPs and IFRS) requirements, as well as ensuring compliance with the General Accounting Manual (GAM) both as part of year end and for any in year changes to accounting standards.
- Ensure all finance staff have up to date knowledge of the current accounting standards and that the Trusts accounts are compiled in line with them.
- Be responsible for the quarterly Agreement of Balances exercise, including submission of templates to national deadlines, organising statements to be sent out and reconciliation of values to the ledger.
- To be responsible for the month end and year end processes as required across a broad range of financial accounting tasks. This will involve producing schedules for both external statutory accounts, returns to the Department of Health and Social Care, NHS England, ICB etc.
- Work with the Trusts external auditors during any audit of the statutory accounts and ensure that responses to queries raised by the auditors are dealt with in an appropriate and timely manner.
- Lead on the analytical review of the SOFP/SOCF and Capital areas of the accounts ensuring that highly complex information (which may be contentious and sensitive) and financial concepts are interpreted and conveyed clearly and persuasively to internal and external stakeholders.
- Be responsible on explaining complex auditor queries to non-finance staff involved in the audit to ensure timely responses to information requests.
- Liaison with counter fraud, internal and external audit to implement best practice as recommended to the Trust. This will involve the timely implementation of audit recommendations and liaising with colleagues to ensure audit actions are communicated and implemented within the Finance Department and across other departments of the Trust where applicable.
- To be operationally responsible for the preparation and management of the balance sheet, cash flow, working capital and capital financial metrics and the reporting and submitting of these both internally and externally. This will involve identifying risks and appropriate mitigating strategies (including cash) where applicable and conveying this complex information in a clear and persuasive way.
- Support the Head of Financial Services in monitoring the Trusts cash flow, by providing forecasts on expected future cash flows, and ensuring that the Trust has sufficient cash to meet its expected outgoings.
- In conjunction with the Head of Financial Services and Deputy Director of Finance, to manage the Trusts cash and balance sheet in order to meet the internal solvency ratios, including cash holding, net assets and working capital ratios.
- Lead on the administration, authorisation and receipt of Public Dividend Capital (PDC) / New Business Loans relating to various capital schemes ensuring that they are accounted for correctly.
- To be the finance lead in respect to treasury management procedures ensuring accurate and timely cashflow reports and supporting treasury management activities in conjunction with the Senior Accountant Treasury
- Building up stakeholder relationships with bank, key debtors and creditors and VAT consultants. This includes, but is not limited to responsibility for ensuring there is cover for sending payment runs, adding new payment approvers, bank mandates are up to date and being an administrator/approver for the Trusts bank accounts.
- To be operationally responsible for the production, implementation and review of detailed financial policies and procedures for the financial accounting functions carried out in the Trust. Be responsible for ensuring all financial procedures are updated in line with Standing Orders and Standing Financial Instructions and widely communicated across the Trust.
Job description
Job responsibilities
- Lead the production of the Trusts statutory annual accounts, providing comprehensive procedure notes, high quality working papers and a detailed plan and timetable to all finance and appropriate non-finance staff to ensure completion of the accounts in line with local and national deadlines.
- To produce the year end timetable and procedures to enable the production of the annual accounts within the Department of Health and Social Care timetable and in accordance with statutory and accounting (GAAPs and IFRS) requirements, as well as ensuring compliance with the General Accounting Manual (GAM) both as part of year end and for any in year changes to accounting standards.
- Ensure all finance staff have up to date knowledge of the current accounting standards and that the Trusts accounts are compiled in line with them.
- Be responsible for the quarterly Agreement of Balances exercise, including submission of templates to national deadlines, organising statements to be sent out and reconciliation of values to the ledger.
- To be responsible for the month end and year end processes as required across a broad range of financial accounting tasks. This will involve producing schedules for both external statutory accounts, returns to the Department of Health and Social Care, NHS England, ICB etc.
- Work with the Trusts external auditors during any audit of the statutory accounts and ensure that responses to queries raised by the auditors are dealt with in an appropriate and timely manner.
- Lead on the analytical review of the SOFP/SOCF and Capital areas of the accounts ensuring that highly complex information (which may be contentious and sensitive) and financial concepts are interpreted and conveyed clearly and persuasively to internal and external stakeholders.
- Be responsible on explaining complex auditor queries to non-finance staff involved in the audit to ensure timely responses to information requests.
- Liaison with counter fraud, internal and external audit to implement best practice as recommended to the Trust. This will involve the timely implementation of audit recommendations and liaising with colleagues to ensure audit actions are communicated and implemented within the Finance Department and across other departments of the Trust where applicable.
- To be operationally responsible for the preparation and management of the balance sheet, cash flow, working capital and capital financial metrics and the reporting and submitting of these both internally and externally. This will involve identifying risks and appropriate mitigating strategies (including cash) where applicable and conveying this complex information in a clear and persuasive way.
- Support the Head of Financial Services in monitoring the Trusts cash flow, by providing forecasts on expected future cash flows, and ensuring that the Trust has sufficient cash to meet its expected outgoings.
- In conjunction with the Head of Financial Services and Deputy Director of Finance, to manage the Trusts cash and balance sheet in order to meet the internal solvency ratios, including cash holding, net assets and working capital ratios.
- Lead on the administration, authorisation and receipt of Public Dividend Capital (PDC) / New Business Loans relating to various capital schemes ensuring that they are accounted for correctly.
- To be the finance lead in respect to treasury management procedures ensuring accurate and timely cashflow reports and supporting treasury management activities in conjunction with the Senior Accountant Treasury
- Building up stakeholder relationships with bank, key debtors and creditors and VAT consultants. This includes, but is not limited to responsibility for ensuring there is cover for sending payment runs, adding new payment approvers, bank mandates are up to date and being an administrator/approver for the Trusts bank accounts.
- To be operationally responsible for the production, implementation and review of detailed financial policies and procedures for the financial accounting functions carried out in the Trust. Be responsible for ensuring all financial procedures are updated in line with Standing Orders and Standing Financial Instructions and widely communicated across the Trust.
Person Specification
Qualifications
Essential
- CCAB qualified
- Related degree or equivalent qualification
- Commitment and evidence of continuing professional and personal development
Desirable
- Interest in developing personal and technical skills to support further career development
Experience
Essential
- Financial Accounting experience or equivalent
- Demonstrable experience in the NHS Finance sector
- Knowledge of IFRS and VAT
- At least two years' experience of supervising/managing and developing staff
- Creating new/improved systems and procedures to streamline duties
Desirable
- Experience of producing annual NHS accounts
- Knowledge of e-financials system, ESR payroll system and CARS fixed asset system
Knowledge
Essential
- Experience of using computerised financial systems and reporting tools
- Treasury Management - maintaining positive cashflow position and ensuring good banking relationships
Desirable
- Ability to interpret health service policy on finance, cash and capital and apply to the development of policies and processes in the Trust.
Skills and Abilities
Essential
- Ability to read, interpret and implement national policy and guidance
- Able to concentrate for prolonged periods, manage interruptions and work under pressure
- Strong communication skills, both verbally and in writing enabling clear, concise, and courteous interaction with all levels of staff, with the ability to adapt communication style depending on the situation. Able to influence and persuade others and inspire and motivate staff
- Ability to make reasoned judgements on financial risks where expert opinions may be contradictory
- Ability to identify risks, anticipate issues and create solutions and to resolve problems in relation to project or service delivery
- Neat and precise working methods, maintenance of complete and accurate working papers and filing structures
Desirable
- A good understanding and use of capital investment decision making techniques
- HFMA Member
- Advanced Microsoft Office skills, including macros, SQL etc
Person Specification
Qualifications
Essential
- CCAB qualified
- Related degree or equivalent qualification
- Commitment and evidence of continuing professional and personal development
Desirable
- Interest in developing personal and technical skills to support further career development
Experience
Essential
- Financial Accounting experience or equivalent
- Demonstrable experience in the NHS Finance sector
- Knowledge of IFRS and VAT
- At least two years' experience of supervising/managing and developing staff
- Creating new/improved systems and procedures to streamline duties
Desirable
- Experience of producing annual NHS accounts
- Knowledge of e-financials system, ESR payroll system and CARS fixed asset system
Knowledge
Essential
- Experience of using computerised financial systems and reporting tools
- Treasury Management - maintaining positive cashflow position and ensuring good banking relationships
Desirable
- Ability to interpret health service policy on finance, cash and capital and apply to the development of policies and processes in the Trust.
Skills and Abilities
Essential
- Ability to read, interpret and implement national policy and guidance
- Able to concentrate for prolonged periods, manage interruptions and work under pressure
- Strong communication skills, both verbally and in writing enabling clear, concise, and courteous interaction with all levels of staff, with the ability to adapt communication style depending on the situation. Able to influence and persuade others and inspire and motivate staff
- Ability to make reasoned judgements on financial risks where expert opinions may be contradictory
- Ability to identify risks, anticipate issues and create solutions and to resolve problems in relation to project or service delivery
- Neat and precise working methods, maintenance of complete and accurate working papers and filing structures
Desirable
- A good understanding and use of capital investment decision making techniques
- HFMA Member
- Advanced Microsoft Office skills, including macros, SQL etc
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).
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.
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).
UK Registration
Applicants must have current UK professional registration. For further information please see
NHS Careers website (opens in a new window).
