Job summary
Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
The post holder will ensure the Trust correctly accounts for its fixed assets according to NHS and PFI rules and that all entries are complete, accurate and made in the correct accounting period. Manage and report all general ledger transactions relating to fixed assets and maintain the fixed asset register.
The post holder will work closely with the Projects team to reconcile orders placed with spend on the general ledger
Main duties of the job
- To maintain the fixed asset register.
- To ensure that the register is kept up to date on a monthly basis and that all relevant entries are made both to the fixed asset register and the general ledger.
- To ensure that all accounting for assets in the course of production is up to date and correct.
- To work alongside the individual responsible for cash flow reporting to feed in data regarding fixed asset transaction inflows and outflows.
- To prepare budgets and forecasts for depreciation and profit and loss on sale of fixed assets.
- To work with the treasury team to ensure that cash flows for capital projects are forecast as accurately as possible.
- To ensure that the year-end requirements for a complete and fully referenced file of fixed asset additions, disposals, depreciation and donated assets is prepared and available for auditing within 4 weeks of the year end.
- To ensure that the statutory accounts fixed assets note is prepared, referenced back to year end working papers and explained satisfactorily to the external auditors.
- To work with the Projects team to reconcile orders raised with spend made on the general ledge
About us
The Royal Free London NHS Foundation Trust is one of the UK's biggest and most innovative trusts. Across three main hospitals, our dedicated army of staff care for over 1.6million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17million tests.
Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top.
Job description
Job responsibilities
Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
Job description
Job responsibilities
Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
Person Specification
ROYAL FREE WORLD CLASS VALUES
Essential
- Demonstrable ability to meet the Trust Values
EDUCATION & QUALIFICATIONS
Essential
Desirable
- Accounting qualification (AAT qualified or ACCA/CIMA part qualified)
EXPERIENCE & KNOWLEDGE
Essential
- Experience of working within either an accounts department or in an accountancy / audit practice.
- Experience of preparing reports to tight timescales.
- Experience of verbally presenting reports to senior staff.
Desirable
- Knowledge and understanding of the NHS financial environment particularly with respect to capital accounting and PFI accounting
- Ideally should have an understanding of the complexities of accounting for fixed assets within the NHS
SKILLS & ABILITIES
Essential
- Good verbal and written communication skills. o
- Ability to present and explain financial information in a manner that can easily be understood by non-finance managers. o
- Ability to organise time and prioritise their personal workload. o
- Ability to forward plan and ensure that work is scheduled in well in advance of being required. o
- Good influencing skills
- Strong analytical skills with the ability to solve complex financial problems. o
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement. o
- Ability to make use of systems (initially Excel, PowerPoint, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems. o
- Record of managing a number of workstreams / projects simultaneously and delivering to tight deadlines.
Desirable
- Record of improving processes and reporting in previous organisations
PERSONAL QUALITIES
Essential
- Able to communicate clearly and concisely both verbally and in writing o
- Team player, willing to 'roll up sleeves' where necessary. o
- Positive 'can do' attitude o
- Embraces change
Person Specification
ROYAL FREE WORLD CLASS VALUES
Essential
- Demonstrable ability to meet the Trust Values
EDUCATION & QUALIFICATIONS
Essential
Desirable
- Accounting qualification (AAT qualified or ACCA/CIMA part qualified)
EXPERIENCE & KNOWLEDGE
Essential
- Experience of working within either an accounts department or in an accountancy / audit practice.
- Experience of preparing reports to tight timescales.
- Experience of verbally presenting reports to senior staff.
Desirable
- Knowledge and understanding of the NHS financial environment particularly with respect to capital accounting and PFI accounting
- Ideally should have an understanding of the complexities of accounting for fixed assets within the NHS
SKILLS & ABILITIES
Essential
- Good verbal and written communication skills. o
- Ability to present and explain financial information in a manner that can easily be understood by non-finance managers. o
- Ability to organise time and prioritise their personal workload. o
- Ability to forward plan and ensure that work is scheduled in well in advance of being required. o
- Good influencing skills
- Strong analytical skills with the ability to solve complex financial problems. o
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement. o
- Ability to make use of systems (initially Excel, PowerPoint, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems. o
- Record of managing a number of workstreams / projects simultaneously and delivering to tight deadlines.
Desirable
- Record of improving processes and reporting in previous organisations
PERSONAL QUALITIES
Essential
- Able to communicate clearly and concisely both verbally and in writing o
- Team player, willing to 'roll up sleeves' where necessary. o
- Positive 'can do' attitude o
- Embraces change
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).
