Job summary
Responsible for frequent reporting on AP and AR to senior management, stakeholders, wider finance, and the AP team.
Ability to write reports using Business Intelligence, to become a super user on Xelix software and any other software as required by the business.
Responsible to lead on AoB for debtors and creditors and to support income and expenditure.
Responsible to manage and reconcile the intercompany balances between the Trust and group entities.
To operationally manage the AP and AR teams to deliver a first-class service.
Main duties of the job
The post holder will have the discretion to use their initiative and act independently, to interpret overall Health Service policy and standards for use by others within the Finance Department and the Trust as a whole.
The post holder is responsible for the development of the Accounts Payable and Accounts Receivable transaction processing reporting to the board and relevant sub-committee(s) based on the data contained within the general ledger. This will take into account the requirements of NHS policy issued by DoH and other national guidance as applicable.
The post holder will be responsible for ensuring that the monthly finance report contains all the information required to brief the Board on the Payables and Receivables position of the Trust. They will need to continuously review and improve the content of the report.
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.
For more information please follow linkhttps://www.royalfreelondonjobs.co.uk/
Job description
Job responsibilities
The post holder will be responsible for the coordination, review, integrity, and timeliness of the reporting to senior management, stakeholders, wider finance and the AP team.
The post holder will be responsible for the Business Intelligence reporting, Xelix and other business software input into the transaction reporting process working closely with the AP and AR teams.
The post holder will be responsible for the overall trust management of accounts receivable and accounts payable. This will include co-ordinating the work of the accounts receivable team to maximise recovery and minimise outstanding balances. They will lead complex negotiations with customers in respect of disputes and/or queries and will be required to hold excellent persuasive powers. The post holder will be the service manager for credit control agencies used in the support of debt collection. The post holder will apply their judgement and knowledge to recommend approval of write-offs as and when applicable.
Job description
Job responsibilities
The post holder will be responsible for the coordination, review, integrity, and timeliness of the reporting to senior management, stakeholders, wider finance and the AP team.
The post holder will be responsible for the Business Intelligence reporting, Xelix and other business software input into the transaction reporting process working closely with the AP and AR teams.
The post holder will be responsible for the overall trust management of accounts receivable and accounts payable. This will include co-ordinating the work of the accounts receivable team to maximise recovery and minimise outstanding balances. They will lead complex negotiations with customers in respect of disputes and/or queries and will be required to hold excellent persuasive powers. The post holder will be the service manager for credit control agencies used in the support of debt collection. The post holder will apply their judgement and knowledge to recommend approval of write-offs as and when applicable.
Person Specification
Education & professional Qualifications
Essential
- Professional qualification (CCAB) in accountancy (CIMA, ACA, CIPFA, ACCA)
- Evidence of having kept technically up to date since qualification
- Educated to Masters Degree or equivalent
Desirable
- Attendance at an Accounting for Foundation Trusts course
Experience
Essential
- Post qualification experience
- Experience of leading a nationwide accounts receivable and accounts payable function with extensive numerous complex customers
- Significant involvement with AP and AR transaction processing
- Experience of co - ordinating monthly transaction processing reporting.
Desirable
- Experience of managing and developing AP and AR Processing teams.
- Experience of financial system development.
Skills and aptitudes
Essential
- Highly developed verbal and written communication skills
- Ability to present and explain complex financial information in a manner that can easily be understood by non - finance managers
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement.
- Confident in taking decisions when needed yet knowing when to ask advice / guidance or to gain approval before embarking on a specific course of action.
- Record of managing numerous work streams / projects simultaneously and delivering to tight deadlines.
- Record of improving processes and reporting in previous organisations
Desirable
- Strong influencing skills.
Personal Qualities & attributes
Essential
- Able to communicate clearly and concisely both verbally and in writing
- Flexible team player, willing to 'roll up sleeves' where necessary.
- Able to inspire and motivate others.
Desirable
- Positive 'can do' attitude
- Embraces change.
Person Specification
Education & professional Qualifications
Essential
- Professional qualification (CCAB) in accountancy (CIMA, ACA, CIPFA, ACCA)
- Evidence of having kept technically up to date since qualification
- Educated to Masters Degree or equivalent
Desirable
- Attendance at an Accounting for Foundation Trusts course
Experience
Essential
- Post qualification experience
- Experience of leading a nationwide accounts receivable and accounts payable function with extensive numerous complex customers
- Significant involvement with AP and AR transaction processing
- Experience of co - ordinating monthly transaction processing reporting.
Desirable
- Experience of managing and developing AP and AR Processing teams.
- Experience of financial system development.
Skills and aptitudes
Essential
- Highly developed verbal and written communication skills
- Ability to present and explain complex financial information in a manner that can easily be understood by non - finance managers
- Ability to analyse areas of work to identify areas which would benefit from continuous improvement.
- Confident in taking decisions when needed yet knowing when to ask advice / guidance or to gain approval before embarking on a specific course of action.
- Record of managing numerous work streams / projects simultaneously and delivering to tight deadlines.
- Record of improving processes and reporting in previous organisations
Desirable
- Strong influencing skills.
Personal Qualities & attributes
Essential
- Able to communicate clearly and concisely both verbally and in writing
- Flexible team player, willing to 'roll up sleeves' where necessary.
- Able to inspire and motivate others.
Desirable
- Positive 'can do' attitude
- 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).
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).
