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Financial Accountant - NHS Band 5

  • Location: Cambridgeshire
  • Salary: £24000.00 - £30000.00 per annum + Benefits
  • Job type: Permanent
  • Sector: Enterprise Applications

Financial Accountant - NHS Band 5

Capita IT Resourcing is currently partnered with one of the UK's largest and busiest hospitals in their search for a Financial Accountant to join them on a permanent basis. Recognised as providing 'outstanding' care to their patients and rated 'Good' overall by the Care Quality Commissioner, is testament to the skill and dedication of the people who work at the hospital. It is their teamwork, energy, commitment and imagination that make it one of the best hospitals in the UK.

Key responsibilities for the Financial Accountant:

- Assist in the production of the published annual accounts and monthly management accounts for the Trust.
- Specific responsibility for maintaining the integrity of the financial ledgers through the reconciliation of all balance sheet control accounts for the Trust, (including bank reconciliations) in accordance with monthly timetables. Liaise with management accounts teams as necessary to meet their deadlines for input of journals. Investigate all unusual balances and process correcting journals and inform relevant personnel of posting errors.
- Monitor the Trust's liquidity position daily through the use of the banking systems. Initiate sterling and foreign payments as required and make cash transfers, deciding on amount to be transferred to gain optimum interest on balances.
- General banking administration. Liaise with bank personnel and keep up to date with developments and improve use of the facilities they provide - e.g. on line transactions. Post ad-hoc cash receipts and payments. Process Creditor payments.
- Assist Sales Ledger and Purchase Ledger teams with receipt and payment queries.
- Produce the Trust's monthly VAT returns and liaise with VAT inspectors as required to resolve any VAT investigations.
- Sole responsibility for maintaining the Trusts chart of accounts, this involves creating new cost and expense codes and ensuring they are correctly linked to the reporting structure.
- Sole responsibility for maintaining the authorised signatory lists for payable and non-payable expenditure. Ensuring this is up to date, reflecting leavers and circulating weekly lists to other sections of Finance such as procurement and payables.
- Maintaining financial accounting records such as reconciliations on the finance network. Retaining hard copy documentation (including bank mandates) in accordance with external legislation and archiving documents according to Trust guidelines.
- Contribute towards the development and review of professional standards and working practices within the Finance Department.
- Carry out all duties with due regard to the Trust's equal opportunities policy.
- Be aware of the responsibility of all employees to maintain a safe and healthy environment for patients, visitors and staff.
- Ensure that all duties are carried out to the highest possible standard, and in accordance with current quality initiatives within the area of work.
- Any other duties which may be required from time to time.

Key skills and experience for the Financial Accountant role:

- AAT member or similar professional qualification
- Experience of working in financial accounts
- Expertise in a range of accounting areas such as; reconciliations, VAT, finance ledgers, coding structures and related policies and procedures
- Experience of banking systems (BACS/CHAPS)

Desirable skills and experience for the Financial Accountant role:

- ACA or ACCA qualified or part-qualifed
- Experience of dealing with large, complex organisations ideally from working in one of the large audit firms
- Experience of dealing with internal and external auditors
- Experience and expertise of dealing with accounting in NHS Foundation Trusts
- Experience of working with Oracle

If you are interested in the role and would like to apply, please send me your CV via the link below for immediate consideration.

Financial Accountant - NHS Band 5

Capita IT Resourcing is acting as an Employment Agency in relation to this vacancy.

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