Financial Accounts Manager
JOB_53030064665453Job type
TemporaryLocation
LondonWorking Pattern
Full-timeSpecialism
Senior Finance QualifiedIndustry
Government & Public ServicesPay
£33.31 per hour
NHS Financial Accounts Manager Job - Fully Qualified Candidates - Temporary Job - London Based
Job Purpose:
The post holder will be responsible for the overall management and performance of the financial accounts service utilising specialist knowledge of financial and accounting procedures, financial aspects of NHS legislation and NHS finance policies.
The Financial Accounts Manager will also be responsible for the overall management and performance of the Capital Programme and to ensure appropriate systems of control exist to maintain the completeness and integrity of the capital accounting records.
Take responsibility for the financial accounting and controls and ensure timely preparation for the quarterly investment report, assist in quarterly and annual statutory accounts and also ensure comply with the IFRS, SORPs, SFIs/Charity Commission and DOH guidelines.
The post holder will assist in the delivering accurate and timely production of the Trust’s Annual Report and Accounts. The post holder will also assist in ensuring that supporting schedules and working papers are produced to the highest standard, within the allocated timescales, and ensuring compliance with regulatory and statutory guidance such as International Financial Reporting Standards (IFRS), and the Department of Health and Social Care Annual Reporting Manual.
To oversee the Trust’s financial accounting team in the on-going delivery and development of financial reporting, management of control accounts and treasury management to ensure that all statutory and reporting requirements are met, and to account properly for all financial transactions.
The post holder will be the key contact with NHS Shared Business Services (SBS) to ensure finance and accounting services are processed in a timely manner and to manage a clear set of KPIs stipulated in the contract.
The role will require the post holder to be able to work to strict deadlines and be flexible and able to adapt to change. The role is sharply focussed on outstanding stakeholder service, delivered efficiently and with a spirit of continuous improvement.
Key Relationships:
- Other senior managers within the Trust and Finance Department.
- Internal Audit, External Audit.
- The post holder will be required on a regular basis to operate with limited direction and to source and absorb guidance relevant to their job role.
- Chief Executive and Directors of the Trust, other senior managers within the Trust and Finance Department.
- External contractors and service providers associated with capital projects commissioned by the Trust.
- External bodies (SWL, Other NHS organisations)
Scope of Authority:
The post holder will be expected to:
- Exhibit a proactive and confident approach to their work and ability to multitasking;
- Influence and support Trust managers and staff through positive and supportive working relationships
- Exercise autonomy in the interpretation of NHS, Trust and professional policies, guidelines and legislation and make appropriate decisions on how to apply them in the work situation and in giving advice to other managers and staff.
- To demonstrate high level judgement when dealing with complex cases or urgent issues.
Key Duties and Responsibilities
Financial Reporting- Annual Accounts
To ensure that internal financial controls support an effective system of financial governance in line with the Trust’s Standing Orders, Standing Financial Instructions and Financial Procedures and Protocols, statutory and best practice requirements.
Day to day management of the Financial Accounting and Charitable Funds functions, including training and development and operating the appraisal process to ensure the continued development of a fit-for-purpose finance function.
To provide technical support and, in the absence of the Financial Controller, managerial support to the Financial Services team.
To undertake the day-to-day management of the production of the Trust’s monthly and quarterly financial returns and Annual Financial Statements, including development of a plan and timetable to achieve timely reporting. To be responsible for providing detailed analysis in
support of the main statements and the provision of high quality working papers. To work closely with the External Auditors to provide supporting documentation, explanations and assisting in the resolution of queries as necessary.
Be responsible for the process of the reconciliation of the Trust’s Control Accounts, ensuring that they are completed by the responsible team members in a timely, complete and accurate way.
To review the reconciliation of all control accounts to ensure that all reconciling items are dealt with in a timely and accurate manner and to provide a month end reconciliations file.
To produce a trial balance, reviewing and ensuring the robustness of the coding included within it and working with other Finance colleagues on developing and implementing improvements.
To produce monthly cash flow forecasting information based on the cash management information provided by the Treasury Manager, identifying issues and risks to the Financial Controller.
To ensure that statutory duties with regard to the payment of Income Tax, National Insurance and Pension payment are met, together with the maintenance of the associated records and control accounts.
To be responsible for the completion, accuracy and submission of the Trust’s VAT returns, identification of changes to VAT rules, providing support and adhoc advice to Trust staff and liaising with VAT consultants.
To ensure that internal controls are monitored and reports are prepared regarding transactional processes, in particular monitoring the system audit trails included within the financial systems.
To support the Financial Controller during the year-end process, in particular
to achieve the cash target, to calculate premature retirements/injury allowance provisions allowing for unwinding of discount, Trust leases, directors’ remuneration report, “Off payroll” engagements report
to achieve the cash target, to calculate premature retirements/injury allowance provisions allowing for unwinding of discount, Trust leases, directors’ remuneration report, “Off payroll” engagements report
Leading the areas of the quarterly and annual Agreement of Balances (AOB) and Income and Expenditure exercises, ensuring to meet the national deadline. Liaise with other NHS Trusts and ICBs and to resolve highly complex or problematic issues of Agreement of Balances.
Lead on the preparation of the Remuneration Report for the Trust’s Annual Report, including liaising with Admin/Payroll Liaison Team and the Trust’s Governance Team to obtain and submit the names of member of the Trust Board and validating the response from Admin/Payroll Liaison Team to provide assurance that the information provided by NHS Pension Agency is accurate.
To assist in producing the monthly statutory Performance Financial Reporting (PFR) returns to NHS England in accordance with NHS guidance and deadlines.
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
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Financial Accounts ManagerJOB_530300646654532025-03-132025-06-12
Talk to Bhaarat Sharma, the specialist consultant managing this position
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JOB_53030064665453