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Financial Accountant

Employer
County Durham & Darlington NHS Foundation Trust
Location
Peterlee
Salary
£43,742 to £50,056 per annum pro rata
Closing date
31 Jul 2024

View more

Profession
Other Health Profession
Grade
Band 7
Contract Type
Permanent
Hours
Full Time
Are you a highly motivated, enthusiastic and flexible Finance professional who is looking for your next step on the career ladder.

We are on the look out for a dynamic and ambitious individual to join us in the role of Financial Accountant based at The Whitehouse Business Park, Peterlee where you will provide support to the Financial Services Manager in managing, developing and innovating the Financial Services Department. You will manage the cashiering and charity teams to provide a comprehensive financial accounting service to County Durham & Darlington NHS Foundation Trust, the CDDFT Charity and its subsidiary company.

What we can offer you:

Competetive salary plus generous NHS Pension

27 days annual leave plus bank holidays increasing at service intervals

24/7 Employer Assistance Programme

Hybrid flexible working to support work life balance

Salary sacrifice car, cycle to work and Home technology schemes

Main duties of the job

As Financial Accountant you will play a key role within the Financial Services team, taking the lead responsibility for their area, helping to manage and advise on all financial matters, in particular:

To act as the finance lead the CDDFT Charity

To take a lead role in VAT accounting issues and calculation of provisions

To take a supporting role in cash flow forecasting and cash management,

To make a contribution towards the Annual Financial Returns,

To be responsible for all aspects of staff development within the Financial Services Department as well as representing the department at external recruitment events.

About us

If you are being interviewed you must accept an interview slot in the system to continue, even if you have arranged with the manager

You must be able to produce ALL certificates stated essential in the person specification or you will not be able to complete pre-employment checks

We provide hospital services from two acute sites - Darlington Memorial Hospital and University Hospital of North Durham. We have a centre for planned care in Bishop Auckland and provide care from community hospitals in Chester-le-Street, Shotley Bridge, Barnard Castle, Sedgefield and Weardale as well as over 80 other community based settings and providing care in patients' homes.

We particularly welcome applications from disabled and Black, Asian and Minority Ethnic (BAME) candidates as BAME and disabled people are currently under-represented

From April 1 2024 we are unable to offer sponsorship for healthcare roles that do not meet the minimum salary �23,200, to apply you must have Right to Work in the United Kingdom. If you are in the UK on a VISA please ensure you have no restrictions that would prevent you from taking this post

Full Job Descriptions can be found in the adverts supporting documents

Job description

Job responsibilities

Act as Finance lead for the Trusts Charity, more specifically to:

Ensure that the financial operations of the charity are managed in accordance with charity law, Charity Commission rules and guidance and the internal policies and procedures agreed and implemented by the Corporate Trustee.

Maintain effective control over all expenditure, including the vetting of all requisitions to ensure that there are funds available, that they properly approved and are charitable in nature, and are correctly accounted for in accordance with agreed procurement procedures and VAT rules.

Maintain effective control over all income, including the vetting of all transactions to ensure that they are charitable in nature and are correctly processed and accounted for.

Maintain effective control over all assets and liabilities by reviewing control accounts and ensuring that all discrepancies are cleared quickly and accurately.

Maintain a secure financial accounting system, sufficient to produce accurate information quickly.

Deal with fund management issues, including identifying when new funds are required and when changes to existing funds are required, and advising appropriate action.

Oversee the monthly accounting and reporting process and ensure relevant deadlines are met, including the provision of financial and management accounting information for stakeholders such as fund-managers and internal audit.

Report to the Corporate Trustee via the Charity Committee on key charity operations and activities, including financial performance and position and cash flow.

Prepare the annual report and accounts and ensure that they are audited in accordance with legal requirements, approved by the Corporate Trustee and submitted to the Charity Commission with an annual return by the due date.

Lead in discussions with internal and external audit on charity matters including discussion and resolution of action points raised and agreed.

Work with all other charitys advisors including Charity Commission, investment portfolio manager, HM Revenue and Customs and legal advisor.

Keep up-to-date with developments in charity accounting and best practice, to advise the Corporate Trustee where changes in policy and procedure are required, and to implement such revisions.

Day-to-day management of the cashiering and charity teams, taking a lead with their appointment, development, training and education. This will involve carrying out annual appraisals giving advice and guidance on their career development, other issues including professional training, sickness absence and disciplinary and rota management of the cashier offices.

Establish and monitor effective systems for the accurate reporting and payment of PAYE and NIC to HM Revenue and Customs, and NHS Pensions to NHS Business Services Authority.

Have and apply a sound understanding of the key tax rules appropriate to the NHS, specifically advising on areas of income tax such as benefit-in-kind and salary sacrifice, and act as the VAT specialist for both the Trust and its Subsidiary Company.

Support the Financial Services Manager in the production of statutory financial accounts and related returns, including production of the working papers, and in ensuring that non-staff expenditure accords with the trusts scheme of delegation.

Ensure that the Trusts assets and liabilities are accurately reflected in the financial ledger by reconciling key control accounts, including stores, and resolving all differences quickly and accurately.

Support the Financial Services Management to review, develop and maintain financial systems ensuring a culture of continuous improvement exists at all levels in the department contributing to increased productivity, quality and usefulness of financial information. This includes utilising the Trusts financial system in the most effective and efficient way.

Act as the training lead for the department, linking in with the Trusts Learning and Development department, Financial Management team and external finance training partners such as One NHS Finance and Skills Development Network. Represent the Financial Services department at both internal and external training and recruitment events.

Person Specification

Experience

Essential

  • Experience of working within a finance function.
  • Experience of using computerised finance systems General Ledger & report writing software.
  • Experience of Microsoft Office software applications.


Desirable

  • Experience of working within NHS finance.
  • Experience of working within Charity Finance.
  • Knowledge/experience of recruitment, appraisal, delegation, training, staff discipline and relevant HR policies and procedures.
  • Experience of using Oracle General Ledger and Discoverer.


Special Requirements

Essential

  • A commitment to the continuous development of the finance department to be innovative and to constantly seek new ways of working/improving performance.
  • Able to travel throughout the Trust Area.


Qualifications

Essential

  • CCAB Professional Accountancy Qualification or passed finalist or significant equivalent NHS.
  • Financial Management Experience


Desirable

  • Clear Plan of working towards CCAB Professional Accountancy Qualification or evidence of continued professional development.


Special Skills and Knowledge

Essential

  • Communication & Relationship Skills- Able to advise finance and non-finance managers on matters relating to their own area, providing detailed advice and guidance
  • - Ability to communicate and negotiate will staff at all levels within and outside of the Trust.
  • - Understands, and can effectively convey current financial concepts clearly and persuasively.
  • Analytical & Judgement Skills - Good analytical skills, including the interpretation of complex data for management information.
  • - Ability to produce and analyse business cases, including the development and appraisal of options, to optimise the allocation of resources.
  • Planning & Organisation Skills - Ability to plan and manage own workload of own team to ensure workload is delivered to a high quality within deadlines.
  • Governance and Risk Management - Advises others on compliance with the Corporate Governance Manual (e.g. SFIs, Schemes of Delegation) and applies the principles of accountability, transparency, integrity and the public good to all activities within own area.
  • - Supervises others in their compliance with financial policies and procedures.
  • - Applies knowledge of the regulatory framework for risk management and advises the organisation on issues relating to financial risk, measuring, assessing and reporting on responses, controls and required actions.
  • Customer focused Business Advice - Has a wider awareness of the organisation and its position in the marketplace and uses this to challenge processes and data in order to make improvements.
  • - Identifies and implements opportunities to improve efficiency and effectiveness of service provided within own role and own team/area of finance.
  • - Actively seeks feedback from customers and stakeholders in order to constantly improve.
  • Mental & Physical Attributes - Excellent organisational skills.
  • - Capable of working independently.
  • - Able to work under pressure and deliver high quality work within challenging deadlines.
  • Interpersonal Skills - Clear and effective communication and presentation skills.
  • - Good people management skills
  • - Team working, motivation & delegation.
  • - Good influencing, analytical and negotiation skills.
  • - Good written communication skills.
  • NHS Finance Knowledge - Knowledge and understanding of current NHS funding regime.
  • - Knowledge and understanding of current NHS financial developments and initiatives.
  • Information Technology - Manipulates data within software to obtain management information.
  • - Is able to programme software to create information in a new format (e.g. complex structures of linked spread sheets/databases).
  • - Suitable for accounting purposes and for use by others.


Desirable

  • Knowledge and understanding of the NHS Charity Accounting regime.
  • Knowledge of NHS VAT rules.


Employer details

Employer name

County Durham & Darlington NHS Foundation Trust

Address

The Whitehouse, Centre for Health

Whitehouse Business Park, Traynor Way

Peterlee

County Durham

SR8 2RU

Any attachments will be accessible after you click to apply.

C9439-24-0714

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