An exciting opportunity has arisen in the Royal Berkshire NHS Foundation Trust Financial Accounts team for a full time Band 7 Capital Accountant role.

We are seeking individual who is self-motivated, pro-active and with excellent planning and organisational skills. The post holder is required tohave excellent verbal and written communication skills.

The post holder will be responsible for the maintenance of all capital accounting records to ensure the accurate recording of capital allocations, commitment and expenditure, maintain all fixed asset accounting records, manage capital plan and tracking capital spend against plan.

The job holder will also be responsible for calculating capital charge estimates, assist and support the Financial Accountant in maintaining the financial ledger and preparation of the annual statutory accounts of the Trust.

Main duties of the job

• Capital accounting and reporting.
• Fixed asset accounting and reporting.
• Capital charges forecasting and reporting.
• Robust monitoring and reporting of assets under construction.
• Assist in the preparation of annual statutory accounts.

About us

The Royal Berkshire NHS Foundation Trust is the main provider of hospital services for the population of Reading, Newbury, Wokingham and thetowns and villages of west Berkshire.

At our heart we are a local hospital that works with NHS and social care partners to provide excellent healthcare services for over 500,000 peoplewho currently live in our catchment area. We also provide specialist hospital services beyond the county's borders.

We employ more than 5,500 staff from 39 different nationalities and deliver care from a network of facilities across sites in Bracknell, Henley-on-Thames, Reading, Thatcham and Windsor, offering services such as:o Acute medical services at RBH in Readingo Ophthalmology services at Prince Charles Eye Unit, Windsoro Dialysis services in Windsoro Day surgery and acute outpatient services at West Berkshire Community Hospitalo Cancer, renal and outpatient services in Bracknello Outpatient services at Townlands Hospital, Henley.Each year we are responsible for efficiently and effectively spending more than �400m of NHS resources on the services we provide.As a founder member of the Berkshire West Integrated Care System, we are one of NHS England's demonstrator sites for integration betweenprimary, community, mental health and acute healthcare services.

Job description

Job responsibilities

Capital Accounting

• Contribute to drawing up initial capital programmes, including bid lists for the Trust Capital Investment Group (CIG) ensuring that all areas of capital accounting are maintained, in balance and reflect the Trusts overall capital position.
• Managing the capital plan and tracking capital spend against plan.
• Responsible for the production of monthly reports to contribute to the decision-making concerning capital expenditure of the Trust.
• Provide advice and support to project directors and managers.
• Ensure variances are identified, discussed and recommendations for action given and monitored with appropriate managers and other accountants.
• Preparation of reports to the Executive and the Board.
• Maintain cashflow projections as part of the Trusts annual rolling forecast.
• To ensure that all VAT is correctly accounted for and to ensure that correct recovery is made via HM Revenue and Customs.

Fixed Asset Accounting

• Maintain accounting records to show the true value of the Trusts assets and update these on a regular basis for additions and deprecations thereby ensuring that fixed assets are correctly valued and accounted for in accordance with UK GAAP and IFRS.
• Liaise with other Trust managers/departments in particular Estates (Capital Projects) and Procurement to account for additions to assets and to ensure that asset additions are correctly accounted for in the right period and thereby allowing accuracy of capital charges and depreciation.
• Provide detailed information to the Head of Treasury and Financial Accounts for evaluation of business plans.
• To be responsible for ensuring the fixed asset register and accounts are in agreement and taking the action necessary to ensure that the accounts represent the correct value of Trust assets.
• Maintain revaluation reserves and ensure this is correctly identified to individual assets to comply with accounting standards.
• Maintain a register of leased assets ensuring that it is complete and that the accounting treatment complies with IFRS 16.

Capital Charges

• To be responsible for the calculations of actual and forecast capital charges ensuring depreciation is accurately forecasted and reflected in process, planning assumptions and financial monitoring returns to NHSE.
• Completion of annual figures for the Management Executive.
• To ensure periodic revaluations are correctly accounted for.
• To provide forecast capital charges to support the consolidation programme.

Assets under Construction

• To be responsible for the correct accounting of assets under construction (AuC) and to ensure that the accounting aspects of assets under construction are accurately reported and incorporated within the Trusts financial ledger and accounts.
• Ensure a monthly and quarterly reporting system is in operation.

Other

• Assist in the preparation of annual statutory accounts to ensure that timetables and deadlines are met.
• To ensure agreed recommendations arising from audit reports are implemented to highest standards of probity, compliance and professionalism.
• Contribute to the production of the Trusts Standing Financial Instructions, Financial Procedures and Standing Orders and ensure they are complied with thereby allowing any changes to further legislation to be maintained and reflected in the day to day transactions and controls of the organisation.
• Any other appropriate duties as delegated by the Head of Treasury & Financial Accounts to ensure continuity of work.

Person Specification

Education/Qualifications & Training

Essential

• Degree or equivalent knowledge and skills gained through any combination of alternative study, employment or continuing professional development.

Knowledge & Experience

Essential

• Substantial experience of Capital Accounting in a large and complex organisation.
• Good understanding of accounting processes and audit requirements

Desirable

• Detailed knowledge of eFinancials and eProc systems.

Skills and Attributes

Essential

• Accuracy and attention to detail
• Ability to work under pressure to meet strict timetables & deadlines.

Desirable

• Ability to work on own initiative

Employer details

Employer name

Royal Berkshire NHS Foundation Trust

Address

Princes House, 1st Floor

73A, London Road

Reading

RG1 5UZ

Any attachments will be accessible after you click to apply.

193-6156407CORB7ACC-A