At a Glance
- Tasks: Lead a team in managing financial accounts and ensuring accurate reporting.
- Company: Join Barts Health, a top NHS trust dedicated to excellence in patient care.
- Benefits: Enjoy flexible working options and a supportive, inclusive environment.
- Why this job: Be part of a transformative journey in healthcare with a focus on innovation and compassion.
- Qualifications: Five years in finance, with three years in NHS capital accounts required.
- Other info: We welcome diverse applicants and promote an equitable workplace.
The predicted salary is between 43200 - 72000 £ per year.
Barts Health is one of the largest NHS trusts in the country, and one of Britain's leading healthcare providers. The Barts Health group of NHS hospitals is entering an exciting new era on our improvement journey to becoming an outstanding organisation with a world-class clinical reputation. Having lifted ourselves out of special measures, we now have the impetus and breathing space to chart a fresh course in which we are continually striving to improve all our services for patients. Our vision is to be a high-performing group of NHS hospitals, renowned for excellence and innovation, and providing safe and compassionate care to our patients in east London and beyond.
The post holder will support the Associate Director of Finance - financial services to deliver all aspects of the service area capital accounts. He/she will manage a team of accountants to provide day to day support in all aspects of the service area's performance whilst maintaining an excellent team ethic. Through a team of accountants, the post holder is required to manage the delivery of accurate and timely monthly reconciliation of all control accounts which feed into the Trust's position for internal and external corporate reporting. There will be a requirement to support the reported position with an analytical review and to influence actions based upon these findings. The post holder will act as the lead in managing and reporting on the fixed asset position of the Trust, maintaining the Capital Asset Register ensuring that the register reflects the assets of the trust and organising revaluation exercises as required by the DHSC. They will deputise for the Head of Corporate Accounts (HoCA) in his or her absence, and attend review meetings with our external NHS financial services client.
Main duties of the job include providing leadership and support to the financial accounts team and liaising with other finance teams to ensure the reported financial position is accurate, and that the team delivers a first-class service in every service area. The post holder will support the monthly and year-end production of national performance returns and statutory accounts, supporting the Head of Corporate Accounts with the requirement in the completion of the Trust's Annual Accounts, ensuring that accurate and detailed working papers are maintained for audit. This post will be primarily responsible for the capital accounting of the Trust, including accounting for the PFI arrangement and finance leases. Advise on the status of lease agreements, interpreting the IFRS requirements, and ensuring the lease definitions are appropriate.
Experience required includes five years of working in a financial environment with at least three years of financial and capital accounts experience in an NHS environment, experience of working with spreadsheets, word, databases, and working with large complex data volumes on spreadsheets, and experience of reporting on PFI schemes and Finance Leases in an NHS environment.
Essential skills include staff management skills and the ability to motivate and develop staff including qualified and non-qualified accountants, excellent planning and organisational skills, the ability to analyse complex information and determine an appropriate course of action, and the ability to explain complex financial issues clearly and concisely to non-financial colleagues. A proactive approach to problem solving, anticipating issues before they arise, and developing solutions is also essential.
Knowledge required includes knowledge of NHS funding and regulation (NHSE, ICB, Local Authority), knowledge of financial coding and ledger and sub-ledger management, and knowledge of financial controls and experience of maintaining these.
Qualifications include being educated to degree level or equivalent and being a qualified CCAB.
We strive to live by our WeCare values and are committed to promoting inclusion, where every staff member has a sense of belonging. We value our differences and fully advocate, cultivate and support an inclusive working environment where staff treat one another with dignity and respect.
Deputy Financial Controller employer: Barts Health NHS Trust
Contact Detail:
Barts Health NHS Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Financial Controller
✨Tip Number 1
Familiarise yourself with the NHS funding and regulatory environment. Understanding the specific financial frameworks and challenges faced by NHS trusts will give you an edge in discussions during interviews.
✨Tip Number 2
Highlight your experience with capital accounts and PFI schemes. Be prepared to discuss specific examples of how you've managed these areas in previous roles, as this is crucial for the Deputy Financial Controller position.
✨Tip Number 3
Demonstrate your leadership skills by preparing examples of how you've motivated and developed teams in the past. The role requires strong staff management abilities, so showcasing your experience here will be beneficial.
✨Tip Number 4
Brush up on your analytical skills and be ready to explain complex financial issues clearly. The ability to communicate effectively with non-financial colleagues is essential, so practice articulating your thoughts in a straightforward manner.
We think you need these skills to ace Deputy Financial Controller
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Deputy Financial Controller position. Familiarise yourself with Barts Health's mission and values to align your application with their goals.
Tailor Your CV: Customise your CV to highlight relevant experience in financial and capital accounts, particularly within an NHS environment. Emphasise your leadership skills and any experience managing teams, as this is crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of Barts Health's vision. Mention specific examples of how your skills can contribute to their goal of providing excellent patient care.
Highlight Relevant Skills: In your application, focus on essential skills such as analytical abilities, staff management, and knowledge of NHS funding and regulations. Use concrete examples to illustrate how you've successfully applied these skills in previous roles.
How to prepare for a job interview at Barts Health NHS Trust
✨Understand the NHS Environment
Familiarise yourself with the specific challenges and regulations of the NHS, especially regarding financial management. Being able to discuss how your experience aligns with the unique aspects of NHS funding and regulation will demonstrate your suitability for the role.
✨Showcase Leadership Skills
As a Deputy Financial Controller, you'll be expected to lead a team. Prepare examples of how you've successfully managed and motivated teams in the past, particularly in high-pressure environments. Highlight your ability to foster a collaborative team ethic.
✨Prepare for Technical Questions
Expect questions related to capital accounting, PFI arrangements, and finance leases. Brush up on your knowledge of IFRS requirements and be ready to explain complex financial concepts clearly, especially to non-financial colleagues.
✨Emphasise Problem-Solving Abilities
Demonstrate your proactive approach to problem-solving by preparing examples of how you've anticipated issues and developed effective solutions in previous roles. This will show your analytical skills and ability to handle complex financial data.