Finance Officer

2 months ago

Liverpool, United Kingdom Liverpool University Hospitals NHS Foundation Trust Full time

To assist with the day-to-day management of the Contracts & Income sections to ensure that Contract queries are resolved & income due to the Trust is duly received and recorded in the Trusts financial ledgers.

To ensure that Contract queries are resolved & income due to the Trust is duly received and recorded in the Trusts financial ledgers.

To assist the Assistant Head of Contracting is the annual production of Income Contracts and regular review both internally and externally

To assist in the accurate monitoring of clinical activity and related PbR income on a monthly basis

Liverpool University Hospitals NHS Foundation Trust was created on 1 October 2019 following the merger of two adult acute Trusts, Aintree University Hospital NHS Foundation Trust and the Royal Liverpool and Broadgreen University Hospitals NHS Trust.

The merger provides an opportunity to reconfigure services in a way that provides the best healthcare services to the city and improves the quality of care and health outcomes that patients experience.

The Trust runs Aintree University Hospital, Broadgreen Hospital, Liverpool University Dental Hospital and the Royal Liverpool University Hospital.

It serves a core population of around 630,000 people across Merseyside as well as providing a range of highly specialist services to a catchment area of more than two million people in the North West region and beyond.

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To assist the Assistant Head of Contracting in the preparation and management of the annual contracting round.

To assist the Assistant Head of Contracting in the regular review of contract performance in relation to patient services.

To maintain a good understanding of DoH guidelines for Payment by Results, NCAs, Cross-border patients and overseas patients and act within these guidelines.

To maintain a good understanding of the terms of the NHS Standard Contract.

Assist the Assistant Head of Contracts & Income in answering complex and highly sensitive queries from Divisional Management teams on PbR activity.

Assist Assistant Head of Income in the monitoring of contract income, reconciling income received to plan.

To assist in ensuring that debtor’s invoices and credit notes are raised in accordance with the Trusts Standing Financial Instructions and internal procedure notes and are sent promptly to customers to ensure an accurate record of income due to the Trust is maintained.

To assist in ensuring that adjustments involving debtor accounts are properly authorised and documented and that all resulted accounting entries are reconciled to the debtor control account in the General Ledger.
Resolving discrepancies with debtor accounts or referring to the appropriate officer for action to ensure that the credit terms of the trust are enforced to protect against bad debts and to maximise of the cashflow of the Trust.

To assist in the coordination, monitoring and review of own activities and those of the Income Section to optimise the use of resources, ensuring that all activities ae undertaken in a professional manner and within the agreed timescales.

Maintaining an effective working relationship with other individuals within Finance Sections, other officers of the Trust and outside organisations to deliver a professional service focused on achieving a high level of customer satisfaction.

To assist in maintaining financial procedures for the Income Section, ensuring they adhere to the requirements of the Trusts Standing Financial Instructions.

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