Tower Hamlets GP Care Group

Finance Assistant (Networks)

This job is now closed

Job summary

We have an exciting new opportunity to work across 3 Primary Care Networks in Tower Hamlets, this presents a fantastic growth opportunity for a junior Finance professional looking to take the next step in their development.

You will work closely with the Finance Manager, working across Primary Care Networks 6, 7 and 8, in order to deal with the increasing financial complexities and demands of Primary Care Networks. Each of the networks are independent limited companies, with two being CICs.

As a Finance Assistant, you will be a key member of the team who will be required to work on varied tasks across each company, working on your initiative as you balance the demands and manage relationships and expectations of various stakeholders.

The post holder will be based remotely, but due to the nature of the role, may be asked to attend Network sites across all three Networks where required.

We reserve the right to close this vacancy early if we receive sufficient applications for the role.

Main duties of the job

To provide support and assistance to the Finance Manager in the day-to-day management of the finance function for Network 6, 7 and 8
To complete day-to-day financial processing, including invoices, filing and general bookkeeping tasks.
To assist the Finance Manager in all monthly, quarterly, and year-end processes.
To ensure financial records and transactions are kept up to date and perform routine calculations.
To answer and deal with finance related queries and requests from stakeholders in an effective manner.
To assist the Finance Manager in process improvement, implementation, and development of the Finance functions for all three networks.
To work on own initiative as well as within a team environment, including liaising with various GP practices and the wider Network team.

About us

Tower Hamlets GP Care Group (The Care Group) was incorporated as a community interest company limited by shares in September 2014. Every general practice in Tower Hamlets owns one share of £1. The Care Group was formed to manage borough level contracts on behalf of the practices, deliver primary care led services and support general practices, and to be the provider voice of primary care in the wider health and social care system.

Read up more about Tower Hamlets here: http://www.towerhamlets.is/

The Care Group is also a member of Tower Hamlets Together, a place-based integrated partnership, which includes Bart's Health, East London NHS Foundation Trust, the London Borough of Tower Hamlets and the Council for Voluntary Services.

The key priorities for the Care Group are:

Innovation and support for primary care
Being a great place to work
Integrating primary and community care
Providing of high-quality cost-effective care to local people
Influencing improvements in health outcomes

Date posted

07 June 2024

Pay scheme

Other

Salary

£28,063 to £34,098.05 a year Depending on Experience.

Contract

Permanent

Working pattern

Full-time, Flexible working, Home or remote working

Reference number

E0136-24-0052

Job locations

Island Health

145 East Ferry Road

London

E14 3BQ

Job description

Job responsibilities

1. Ensure that financial records are kept up to date and accurate for all three Networks, which will involve the use of QuickBooks and Xero accounting software

2. Complete all day-to-day financial processing of posting invoices, invoice generation, credit card receipts, expenses claims, remittance advice, and various other tasks

3. Maintaining the petty cash tin, petty cash receipts and reconciling cash handovers

4. Assisting the Finance Manager for monthly, quarterly, and year-end processes, including journal entries reconciliations and adjustments

5. Reviewing and managing all payables and receivables, including chasing of suppliers and customers

6. Providing assistance and support to the Finance Manager in preparation of annual financial statements and management accounts

7. Perform routine calculations to produce analysis and reports as requested by Finance Manager and collect data for various financial spreadsheets

8. Maintain financial spreadsheets and databases as required by Finance Manager

9. Reviewing, verifying and matching costs and transactions against budgets, forecasts and reconciliations

10. Maintain an orderly filing system for easy access of information for financial queries and audits as required

11. Ensure all filing and virtual filing of all records is maintained, with accurate and timely uploads on Network SharePoints and Accounting Software

12. Answer questions and provide assistance to the wider Network team, Practice Managers and other Partners Agencies

13. Analyse and investigate discrepancies and make adjustments where possible

14. Analyse and extract data and reports for Network teams as required

15. Suggesting changes or improvements to increase accuracy, efficiency and cost reductions

16. Completing various submissions where required by Finance Manager

17. Liaise and develop relationships with external stakeholders (GP Federation, NHS ICB, etc.)

18. Attending Network finance meetings and assisting with minute taking and action notes

19. Undertake any other ad-hoc general duties as required and agreed with Finance Manager