Financial Accountant

7 days ago


Preston, Lancashire, United Kingdom Lancashire Teaching Hospitals NHS Foundation Trust Full time

Job Summary

We are seeking a highly skilled Financial Accountant to join our dynamic finance department at Lancashire Teaching Hospitals NHS Foundation Trust. As a key member of our team, you will play a pivotal role in shaping the financial future of our Trust.

This role offers a unique opportunity for professional growth and development, with a focus on innovative financial processes and control systems. You will work closely with our Financial Controller to develop and maintain cutting-edge financial systems, ensuring the Trust's financial health and stability.

As a Financial Accountant, you will be responsible for conducting thorough reviews and reconciliations of control and suspense accounts, identifying discrepancies and resolving them promptly. You will also perform insightful variance analysis on the balance sheet, presenting findings to the Financial Controller.

In addition, you will monitor and reconcile the Trust's Charitable Funds system, overseeing the production of monthly management accounts and quarterly committee papers. You will also manage cash and investment portfolios, ensuring financial commitments are met.

Key Responsibilities:

  • Balance Sheet Brilliance:
    • Conduct thorough reviews and reconciliations of control and suspense accounts within tight deadlines.
    • Ensure all discrepancies are identified and resolved promptly, showcasing your keen eye for detail.
    • Perform insightful variance analysis on the balance sheet, presenting findings to the Financial Controller.
  • Systemic Savvy:
    • Identify opportunities for systemic changes and training to prevent future errors, collaborating with various departments.
    • Innovate and implement processes that enhance efficiency and effectiveness in our accounting practices.
  • Charitable Fund Champion:
    • Monitor and reconcile the Trust's Charitable Funds system, overseeing the production of monthly management accounts and quarterly committee papers.
    • Manage cash and investment portfolios, ensuring financial commitments are met.
  • Statutory Stalwart:
    • Prepare working papers and calculations for the annual report and accounts.
    • Assist with the Agreement of Balances exercise, income statements, and Whole of Government Accounts notes.
    • Respond to audit queries and implement audit recommendations.
  • Team Dynamo:
    • Oversee the Control team's tasks for month-end, ensuring accuracy in financial information.
    • Support day-to-day cash management, ensuring the Trust's financial health.
    • Mentor and develop the Financial Accounts Control Team, fostering a culture of continuous improvement.

About Us

We are a forward-thinking organization committed to excellence in all aspects of our work. We aim to be the best in class, and we need someone with the passion and expertise to help us achieve that goal.

Working with us gives you the knowledge and sense of pride that every activity you do genuinely does make a difference to support our patients & staff, ensuring we keep thriving & delivering outstanding healthcare right across our local towns.

What's In It For You?

Professional Development: We invest in your growth through training and development activities.

Impactful Work: Your contributions will shape the financial success of our Trust and Charities.

Innovative Environment: Embrace the opportunity to implement new systems and processes.


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