Financial Accountant
1 month ago
Job summary
The Financial Accountant is a senior finance professional within DHCW. They will be responsible for leading and developing the accounting functions of DHCW, including the Accounts Receivable, VAT and Accounts Payables Functions. They will ensure the delivery of an efficient and effective service and will develop these functions to be best in class, which will assist the Finance Department to achieve its target of full assurance in its core financial systems audits of these functions. The post holder will also assist the Head of Financial Services and Reporting in leading the organisation on all technical aspects of accounting ensuring that the financial reporting standards are interpreted and are fully met in order to assist with the production of the Trust's Statutory Annual Accounts and all statutory, monthly and annual returns. This role provides direct support to the Head of Financial Services and Reporting in the delivery of financial accounting services and will deputise in their absence. The post will also be required to provide support to other roles within the DHCW wide Finance team, as necessary.
Main duties of the job
Co-ordinate and assist with the production and completion of DHCW Annual Accounts, associated working papers and financial returns. Support with DHCW's external auditors in their Final Accounts audit. Support the Head of Financial Services & Reporting to ensure that the Trust are aware of any new or changes to any IFRS (International Financial Reporting Standards) or any other statutory changes, assessing their impact and sharing knowledge / training with relevant staff. Produce/manage the production of monthly reconciliation and reports with regards to suspense and Balance sheet codes. Deputise for the Head of Financial Services & Reporting when required, including attendance at NHS Wales-wide meetings, for example Technical Accounting Group (TAG). Be a key point of contact for Internal and External Auditors, leading on the production of information for them and resolving queries. This will include regular and ad hoc audits on core financial systems, capital, and year end queries on the financial statements. Lead a comprehensive review of the Trust Trial Balance and Balance Sheeton a monthly basis and identify any material misstatements, ensuring that the review is compliant with internal and external audit requirementsThe ability to speak Welsh is desirable for this role; Welsh and/or English speakers are equally welcome to apply.
About us
Digital Health and Care Wales (DHCW) is part of the NHS Wales family and has an important role in changing the way health and care services are delivered through technology and data. The organisation supports frontline staff with modern systems and access to important information about their patients, while empowering the people of Wales to manage their own health through digital NHS Wales services.
Working for DHCW offers lots of employee benefits, including flexible working, a competitive salary, 28 days of annual leave plus Bank Holidays and opportunities for career development. We are committed to recognising and celebrating our staff as the most valuable part of our organisation.
Join our game changing, life-saving team and start making a real difference to health and care services in Wales.
Job description
Job responsibilities
This above is not an exhaustive list of duties and responsibilities, please see the attached job description and personal specification for more details about the role.
Person Specification
Qualifications and / or Knowledge
Essential
Fully Qualified Accountant CCAB (Consultative Committee of Accountancy Bodies). (professional level) Evidence of Continuing Professional Development Training Up to date on Latest Accounting Standards and recommendations Extensive understanding of accounting and reporting regime Extensive knowledge of accounting procedures and good practice. Detailed knowledge of HMRC VAT and Tax rules. Knowledge of credit control systems and procedures
Desirable
Extensive understanding of NHS accounting and reporting regime Detailed knowledge of NHS HMRC VAT rules Appropriate degree
Experience
Essential
Significant experience in a Financial Accounting role In depth understanding of Financial Controls Recruitment, management, supervision, setting workload, appraising and development of staff.
Desirable
Management of large complex income and expenditure budgets role In depth understanding of DHCW's financial controls
Skills and Attributes
Essential
Strong analytical skills with the ability to solve highly complex financial problems Able to plan and organise workload for self and departments. Ability to analyse areas of work to identify areas which would benefit from continuous improvement. Excellent written and verbal communication skills. Present confidently to large and small audiences and able to present and explain highly complex financial information in a manner that can be understood by non finance managers. Ability to carry out advanced spreadsheet modelling / forecasting. Microsoft Office - to include Word, Excel (advanced) Advanced keyboard skills Exercise excellent negotiating skills Work with a wide range of disciplines at all levels. Work well under pressure whilst maintaining good communication and work standards. Ability to travel in a timely manner and willing to travel to meetings across NHS Wales
Desirable
Microsoft Office - Access, PowerPoint Production of high quality presentations Leading large groups-
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