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- Tasks: Lead financial reporting and management, ensuring compliance with accounting standards.
- Company: Join Cardiff and Vale University Health Board, a leading healthcare provider in the UK.
- Benefits: Enjoy a supportive work environment with opportunities for professional growth and development.
- Why this job: Make a real impact on health outcomes while working with a dedicated team.
- Qualifications: Relevant financial accounting experience and knowledge of accounting standards required.
- Other info: Contact Rhian Selwood for informal visits or more details.
The predicted salary is between 43200 - 72000 £ per year.
The Senior Financial Accountant role offers a diverse range of responsibilities, providing opportunities to be involved in all areas of financial accounting. The position primarily focuses on reporting capital financial performance but also involves financial management and reporting of losses and revenue.
Key responsibilities include:
- Supporting the Financial Accounting Manager in establishing a robust financial accounting and reporting system within the UHB.
- Interpreting accounting standards and advising on policies.
- Leading the coordination of the UHB’s Statutory Annual Accounts production.
- Ensuring the timely completion of monthly Welsh Government Financial Monitoring Returns.
- Working with the Welsh Government’s Regional Monitoring Officer to respond to information requests.
- Helping the UHB achieve its statutory financial targets.
- Providing technical input into financial proformas.
- Advising on financial performance, standards, and controls.
- Coordinating the production of accurate annual accounts.
- Liaising with external auditors.
- Implementing changes in accounting standards and NHS financial policies.
- Designing financial reports.
- Supporting the financial planning process.
- Assisting with departmental costing, including capital.
The successful candidate will ensure compliance with accounting policies and standards, supporting the delivery of high-quality financial information for decision-making.
Cardiff and Vale University Health Board is one of the largest in the UK, employing over 17,000 staff across six hospital sites, serving over 500,000 residents. We are committed to improving health outcomes through our mission "Living Well, Caring Well, Working Together," and our strategic vision for sustainable future growth.
For further details or informal visits, please contact Rhian Selwood, Financial Accounting Manager, at Rhian.Selwood@wales.nhs.uk.
Senior Financial Accountant employer: Cardiff and Vale University Health Board
Contact Detail:
Cardiff and Vale University Health Board Recruiting Team
Rhian.Selwood@wales.nhs.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Accountant
✨Tip Number 1
Familiarise yourself with the specific financial regulations and accounting standards relevant to the NHS. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the field, especially those who have experience working within the NHS or similar organisations. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with financial reporting and management during the interview. Be ready to share specific examples of how you've successfully handled similar responsibilities in previous roles.
✨Tip Number 4
Research Cardiff and Vale University Health Board's recent financial performance and challenges. Being knowledgeable about their current situation will show your genuine interest in the organisation and the role.
We think you need these skills to ace Senior Financial Accountant
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Financial Accountant position. Make sure you understand the key responsibilities and how your skills align with them.
Tailor Your CV: Customise your CV to highlight relevant experience in financial accounting, reporting, and compliance with accounting standards. Use specific examples that demonstrate your ability to support financial management and reporting.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the organisation. Mention how you can contribute to Cardiff and Vale University Health Board's mission and strategic vision.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial in financial roles.
How to prepare for a job interview at Cardiff and Vale University Health Board
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the Senior Financial Accountant responsibilities. Familiarise yourself with financial reporting standards and the specific duties mentioned in the job description, such as coordinating statutory accounts and liaising with external auditors.
✨Prepare for Technical Questions
Expect to be asked about accounting principles and standards. Brush up on your knowledge of financial management, reporting losses and revenue, and any recent changes in NHS financial policies. Being able to discuss these topics confidently will demonstrate your expertise.
✨Showcase Your Problem-Solving Skills
The role involves advising on financial performance and controls. Be ready to share examples from your past experience where you've successfully identified issues and implemented solutions, particularly in financial reporting or compliance.
✨Ask Insightful Questions
At the end of the interview, take the opportunity to ask questions that show your interest in the role and the organisation. Inquire about the challenges the UHB faces in financial reporting or how they measure success in this position. This shows you're engaged and thinking critically about the role.
