Head of Financial Services

7 days ago

East Grinstead, West Sussex, United Kingdom Queen Victoria Hospital NHS Foundation Trust Full time
About the Role

We are seeking a highly skilled and experienced Deputy Head of Financial Services to join our team at Queen Victoria Hospital NHS Foundation Trust. As a senior member of the Finance team, you will be responsible for the management and performance of the Financial Services department.

Key Responsibilities
  • Financial Management
    • Manage and provide effective leadership to all areas of financial services, including monthly reporting, technical accounting, treasury management, accounts payable, capital, and charity.
    • Plan and organize services within financial services to ensure effective services are delivered and value for money is obtained.
  • Financial Reporting
    • Support in the production of the Trust's statutory financial accounts and supporting information to accepted standards and within the NHS deadlines.
    • Liaise with NHS Improvement, the Department of Health, and other agencies as appropriate.
  • Treasury Management
    • Monitor, report, and advise on the borrowing, investment, and cash requirements of the Trust.
    • Manage the Trust's bank accounts and oversee the production of regular cash flow reports and forecasts.
  • Accounts Payable
    • Ensure systems are in place to make payments to suppliers and others to comply with accepted standards.
    • Produce regular reports monitoring the performance of the accounts payable and Shared Service functions and payments made.
  • Capital Accounting
    • Liaise with leads for Estates, IT, and all Care Groups and support the management of the capital programme.
    • Manage the Trust's capital asset register ensuring all capital assets are accounted for correctly.
  • Charitable Funds
    • Support and advise the trustees of the Trust's charity ensuring that the charity complies with relevant legislation and good practice.
    • Complete the Charitable funds and produce group accounts where applicable as part of the annual account process.
Person Specification

Qualifications

  • Educated to Masters degree level or able to demonstrate specialist knowledge within this field through practical experience.
  • Qualified accountant through a recognized CCAB or equivalent professional body.

Experience

  • Substantial experience working within a finance department with managerial responsibilities.
  • Previous experience of leading production of annual accounts and agreement of balances process.
  • Experience of interpreting and working with Audit recommendations.

Knowledge

  • Highly developed specialist/expert knowledge of financial and accounting procedures, financial and other aspects of legislation, and NHS finance policies.
  • An in-depth knowledge of the NHS finances, National Tariff Payment System, and associated financial guidance that supports this.

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