At a Glance
- Tasks: Lead financial accounting and reporting, ensuring compliance and accuracy across the Trust.
- Company: Join a dynamic NHS Trust committed to high-quality financial governance.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Flexible working and opportunities for career growth in a diverse team.
- Why this job: Make a real impact in financial services while developing your leadership skills.
- Qualifications: CCAB or CIMA qualified with significant financial accounting experience.
The predicted salary is between 46300 - 52800 € per year.
The post holder will support the Associate Director of Financial Services and Payroll in the delivery of high quality financial accounting, statutory reporting, and robust financial governance across the Trust. The Finance Manager – Financial Services will provide senior operational and technical leadership across delegated Financial Services functions, ensuring effective day-to-day management, compliance with accounting standards and Standing Financial Instructions, and the timely production of accurate financial information.
Main Duties
- Oversee the preparation of balance sheet, cash flow and working capital information, ensuring accuracy, completeness and compliance with accounting standards, for review by the Associate Director.
- Lead the coordination and production of high quality working papers and supporting schedules for statutory accounts, including liaison with internal and external audit.
- Support the Associate Director in ensuring compliance with relevant accounting standards, statutory guidance and NHS financial requirements, escalating complex technical issues as required.
- Coordinate responses to audit recommendations and ensure timely implementation of agreed actions across Financial Services.
- Provide senior operational oversight of delegated Financial Services functions, including Accounts Payable and Receivable, Financial Accounting, Capital Accounting, Systems and Control.
- Ensure robust financial controls are embedded and operating effectively across Financial Services processes.
- Lead the development, maintenance and review of financial procedures and standard operating procedures in line with Standing Financial Instructions and Trust policies.
- Monitor service performance, risks and issues within Financial Services, providing assurance and escalation to the Associate Director where necessary.
- Support the preparation and monitoring of cash flow and working capital information, contributing to internal and external reporting requirements.
- Oversee capital accounting processes and the maintenance of the fixed asset register, ensuring accurate accounting treatment and reconciliation.
- Coordinate VAT accounting activities, including preparation of returns and supporting documentation, working with external advisers as required and escalating complex matters appropriately.
- Act as a senior operational lead for financial systems within scope, ensuring data integrity, appropriate controls and effective use of systems.
- Support the implementation of new finance systems, system upgrades and process changes, including testing, data validation and staff engagement.
- Identify and lead opportunities to improve efficiency, quality and resilience within Financial Services processes, working collaboratively with the Associate Director and wider finance leadership.
- Provide specialist advice on accounting standards and financial information to directors, senior managers and other appropriate staff on highly complex financial accounting and capital issues in respect to the Trust’s financial and non-financial activities.
Person Specification
Qualifications
- Essential criteria: CCAB or CIMA qualified; Evidence of Continuing Professional Development (CPD)
- Desirable criteria: Educated to degree level or equivalent
Experience
- Essential criteria: Significant financial accounting and staff management experience gained at a senior level in a large complex organisation; A proven track record of managing budgets, financial planning and reporting, and analysis of performance data; Considerable experience of managing highly complex projects across an organisation and implementing financial systems; Experience of producing working papers to support production of annual accounts
Skills
- Essential criteria: Ability to communicate effectively with all disciplines and seniorities; Ability to understand and interpret complex financial information; Excellent negotiating and influencing skills with an ability to lead change; Proven leadership and staff management skills including mentoring and coaching of staff
- Desirable criteria: Ability to handle difficult and emotional situations
Knowledge
- Essential criteria: Detailed understanding of the NHS Financial Regime and accounting standards; Strong computer literacy with particular regard to Microsoft Office applications
- Desirable criteria: Advanced knowledge of Microsoft Excel and Word
Additional Essential criteria: Flexible approach to work; Strongly proactive and solution orientated; Qualities of perseverance, flexibility, determination and adaptability; Team worker able to collaborate and delegate; Ability to prioritise and work with imposed deadlines; Creative and innovative; Ability to travel between hospital sites.
At WWL we value the benefits a rich and diverse workforce brings to our community and therefore welcome applications from all sections of society.
Senior Financial Accountant employer: Health Jobs UK
At WWL, we pride ourselves on being an exceptional employer, offering a supportive work culture that fosters professional growth and development. As a Senior Financial Accountant, you will benefit from a collaborative environment where your expertise is valued, alongside opportunities for continuous learning and career advancement within the NHS framework. Our commitment to diversity and inclusion ensures that every team member feels respected and empowered, making WWL a truly rewarding place to work.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in or know about NHS financial services. A friendly chat can lead to insider info on job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of accounting standards and NHS financial requirements. We recommend practising common interview questions and scenarios related to financial governance to show you’re the right fit.
✨Tip Number 3
Don’t just apply anywhere; focus on roles that excite you! Use our website to find positions that match your skills and interests. Tailor your approach to each role, highlighting how your experience aligns with their needs.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’d be a fantastic addition to their team.
We think you need these skills to ace Senior Financial Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Financial Accountant role. Highlight your relevant experience in financial accounting and management, and don’t forget to showcase your qualifications like CCAB or CIMA.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific experiences that align with the job description, especially around compliance and financial governance.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use examples from your past roles to show how you’ve effectively communicated complex financial information or led teams through challenging projects.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Health Jobs UK
✨Know Your Numbers
As a Senior Financial Accountant, you’ll need to be on top of your game with financial data. Brush up on key financial metrics and accounting standards relevant to the NHS. Be prepared to discuss how you've managed budgets and produced working papers in previous roles.
✨Showcase Your Leadership Skills
This role requires strong leadership and staff management skills. Think of examples where you've successfully led teams or projects, especially in complex environments. Be ready to share how you’ve mentored others and driven change within your team.
✨Understand the Trust's Financial Landscape
Familiarise yourself with the specific financial governance and statutory reporting requirements of the Trust. Research any recent changes in NHS financial regulations that may impact the role, and be prepared to discuss how you would ensure compliance.
✨Prepare for Technical Questions
Expect questions that dive deep into your technical knowledge of financial systems and processes. Review your experience with capital accounting, VAT activities, and financial controls. Be ready to explain how you would handle complex financial issues and improve efficiency in Financial Services.
