Financial Accountancy Manager
16 hours ago
We are seeking a highly skilled Financial Accountant to join our team in the East Midlands NHS trust, contributing to the organization's financial management and strategy.
As a key member of the Financial Accounting team, you will be responsible for enhancing the management of the department, developing processes, and implementing effective internal financial controls.
- Develop and maintain comprehensive financial processes, ensuring accuracy and efficiency in the production of monthly and quarterly financial returns and annual financial statements.
- Collaborate with the Financial Accounting team to respond to internal and external audit reports, upholding the highest standards of quality and integrity.
- Provide expert guidance on charitable fund accounting, ensuring compliance with regulatory requirements and best practices.
- Work closely with the Head of Financial Accounts to manage relationships with outsourced service providers, optimizing outcomes and minimizing risks.
- Design and implement a robust system of financial governance, aligning with the trust's standing orders, standing financial instructions, and financial procedures and protocols.
- Contribute to the production of monthly finance accounts, ensuring timely delivery and high-quality results.
- Oversee cash and agreement of balances procedures for annual accounts, guaranteeing accuracy and efficiency.
- Review working papers and ensure a clear audit trail of all workings, maintaining transparency and accountability.
- Ensure full review of control accounts are reconciled on a monthly basis, identifying and resolving issues promptly.
- Liaise with the trust's shared service for day-to-day management, fostering collaboration and coordination.
- Liaise with external agencies and professional advisors, including HM Treasury and VAT experts, to ensure informed decision-making.
- Develop and maintain weekly and annual cash flow forecasts, supporting business planning and strategic decision-making.
- Support completion of the cash flow plan for the trust, ensuring alignment with organizational objectives.
- Identify cash support requirements and present business cases to NHS England for cash drawdown, demonstrating expertise and professionalism.
- Review daily bank statements and cash management schedules, maintaining oversight and control.
- Reconcile cash flow management processes to the trust's statutory external financing limit, ensuring compliance and accuracy.
- Responsibly manage all cash and bank accounts of the trust, including maintenance of bank signatories and electronic banking access.
The successful candidate will be a fully qualified accountant with a background in technical accounting within the NHS. They will possess strong communication skills, leadership abilities, and a desire for continued professional development.
Candidates will be required to work on-site in the Nottinghamshire area and remotely, necessitating adaptability and flexibility.
The estimated salary range for this position is £60,000-£80,000 per annum, commensurate with experience and qualifications.
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