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- Tasks: Join us as a Senior Finance Accountant to maintain accurate financial records and support our finance team.
- Company: University Hospitals of Leicester NHS Trust is dedicated to high-quality care and community partnerships.
- Benefits: Enjoy a supportive work environment with opportunities for training and professional growth.
- Why this job: Be part of a compassionate team focused on making a real difference in healthcare.
- Qualifications: Ideal candidates should have strong financial accounting skills and a proactive approach.
- Other info: This role offers a chance to contribute to our strategic goals from 2023-2030.
The predicted salary is between 36000 - 60000 £ per year.
To provide a technical financial accounting to the Trust. To ensure the maintenance of the General Ledger and reconciliation of control codes in a timely manner to ensure the accuracy of the ledgers and balances.
The post holder will ensure that the Trust’s ledger system is accurate by ensuring that control accounts are reconciled on a regular basis and that any reconciling items are investigated and cleared as soon as possible whilst taking an overview of the ledger in order to identify and correct any complex underlying issues.
The post holder will provide financial accounting support to the Senior Finance Manager – Technical Accounts and their senior team in relation to the statutory financial accounts.
To provide appropriate advice and guidance to the Trust’s staff and management on VAT ensuring that the Trust operates within VAT principles. Calculating the VAT return and taking actions required to ensure the return is completed accurately and within the statutory timescale.
The post holder may be required to provide financial training and advice to all levels of staff within the directorate and within the wider Trust. They will also provide support and training opportunities to finance trainees within the organisation.
To deputise for the Financial Accountant Technical as required.
The post holder will provide operational advice on the full range of financial accounting and support Trust-wide policies where relevant.
To provide financial accounting support to the Senior Finance Manager in relation to specific areas to include:
Clear and robust monthly/quarterly and annual control account reconciliations
Taking ownership and proactive approach to payroll reconciliations and addressing queries with all parties concerned.
Supporting and preparing year end accounts.
Preparing various month end journals and other month end related processes
Our new strategy, developed with the support and feedback of colleagues, patients, and partners, is our compass for the next seven years (2023-2030).
We have four primary goals:
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high-quality care for all,
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being a great place to work,
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partnerships for impact, and
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research and education excellence
And we will embed health equality in all we do – taking active steps to reduce the avoidable differences in healthcare that some people face, working in partnership with communities.
Our strategy is underpinned by new values and we will work to ensure they are an everyday reality for all:
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we are compassionate,
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we are proud,
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we are inclusive, and
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we are one team
This is an exciting moment as we look to the future with clarity on what we already do well and where we need to focus our energies to make an even bigger difference for the people we serve.
About the University Hospitals of Leicester NHS Trust:
http://www.leicestershospitals.nhs.uk/aboutus/work-for-us/current-vacancies/
To provide a technical financial accounting to the Trust. To ensure the maintenance of the General Ledger and reconciliation of control codes in a timely manner to ensure the accuracy of the ledgers and balances.
The post holder will ensure that the Trust’s ledger system is accurate by ensuring that control accounts are reconciled on a regular basis and that any reconciling items are investigated and cleared as soon as possible whilst taking an overview of the ledger in order to identify and correct any complex underlying issues.
The post holder will provide financial accounting support to the Senior Finance Manager – Technical Accounts and their senior team in relation to the statutory financial accounts.
To provide appropriate advice and guidance to the Trust’s staff and management on VAT ensuring that the Trust operates within VAT principles. Calculating the VAT return and taking actions required to ensure the return is completed accurately and within the statutory timescale.
The post holder may be required to provide financial training and advice to all levels of staff within the directorate and within the wider Trust. They will also provide support and training opportunities to finance trainees within the organisation.
To deputise for the Financial Accountant Technical as required.
The post holder will provide operational advice on the full range of financial accounting and support Trust-wide policies where relevant.
Technical Accounts:
· To ensure that the Trust’s ledger system is accurate by ensuring that all control accounts are reconciled on a regular basis and that any reconciling items are investigated and cleared as soon as possible.
· To interpret the results of the control account reconciliations and apply expert knowledge and experience of the Trust’s ledger system and its components (e.g. sales ledger, purchase ledger) to identify any action that needs to be taken to correct errors.
· To ensure all external feeds to the Trust’s ledger system are formulated, generated and processed in accordance with the closedown timetable to maintain the integrity of the ledger balances at all times.
· To manage the process for the collection and pay-over of statutory payments such as court orders and Tax and National Insurance. Ensuring any issues and queries are dealt with and resolved to ensure payment within statutory deadlines is achieved.
· Interrogation of the ESR payroll system to resolve queries and complete returns.
· Maintain the Trust’s losses and compensations register and deal with all related queries.
· Contribute to the development and delivery of an in depth training programme for the department focusing on technical accounting; and year-end accounting
· To communicate complex information to finance staff and managers relating to different areas of the Trust’s finances including payroll, taxation and financial accounts.
· To provide financial accounting support to the Senior Finance Manager in relation to specific areas to include:
Clear and robust monthly/quarterly and annual control account reconciliations
Taking ownership and proactive approach to payroll reconciliations and addressing queries with all parties concerned.
Supporting and preparing year end accounts.
Preparing various month end journals and other month end related processes
Senior Finance Accountant | University Hospitals of Leicester NHS Trust employer: University Hospitals of Leicester NHS Trust
Contact Detail:
University Hospitals of Leicester NHS Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Accountant | University Hospitals of Leicester NHS Trust
✨Tip Number 1
Familiarize yourself with the specific financial accounting practices and regulations relevant to NHS Trusts. Understanding the nuances of VAT principles and statutory financial accounts will give you an edge in discussions during the interview.
✨Tip Number 2
Highlight your experience with ledger systems and control account reconciliations. Be prepared to discuss specific examples where you've successfully identified and resolved complex issues, as this will demonstrate your technical expertise.
✨Tip Number 3
Showcase your ability to provide training and support to colleagues. The role involves mentoring finance trainees, so sharing past experiences where you've trained or guided others can illustrate your leadership skills.
✨Tip Number 4
Research the University Hospitals of Leicester NHS Trust's current goals and values. Aligning your answers with their mission of high-quality care and inclusivity during the interview will demonstrate your commitment to their objectives.
We think you need these skills to ace Senior Finance Accountant | University Hospitals of Leicester NHS Trust
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Highlight your relevant experience in financial accounting, VAT knowledge, and reconciliation processes in your application.
Tailor Your CV: Customize your CV to reflect the skills and experiences that align with the job. Emphasize your technical accounting expertise, experience with ledger systems, and any training or mentoring roles you've held.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for the role and the Trust's values. Mention how your background aligns with their goals of high-quality care, inclusivity, and teamwork.
Highlight Relevant Achievements: In both your CV and cover letter, include specific examples of past achievements related to financial accounting, such as successful reconciliations, improvements in processes, or training initiatives you led.
How to prepare for a job interview at University Hospitals of Leicester NHS Trust
✨Understand the Trust's Financial Framework
Familiarize yourself with the financial accounting principles and practices specific to NHS Trusts. Be prepared to discuss how you can ensure the accuracy of ledgers and balances, as well as your experience with control account reconciliations.
✨Showcase Your VAT Knowledge
Since the role involves providing advice on VAT, be ready to explain your understanding of VAT principles and how you have applied them in previous roles. Discuss any experience you have with calculating VAT returns and ensuring compliance with statutory timescales.
✨Demonstrate Training and Support Skills
Highlight any experience you have in providing financial training and support to staff at various levels. Prepare examples of how you've successfully communicated complex financial information to non-financial colleagues.
✨Emphasize Team Collaboration
The Trust values teamwork, so be sure to convey your ability to work collaboratively with others. Share examples of how you've contributed to a team environment, particularly in finance-related projects or during year-end accounting processes.
