Senior Finance Officer - Losses
Cwm Taf Morgannwg University Health Board
Pontypridd, CF37 1LB
Salary
£32,557 to £39,631
Contract
Permanent
Hours
Not specified
Closing date
8 September 2026
8 days left
Job description
The post holder will be responsible for all processes on the recording and accounting for losses in line with accounting standards, Manual of Accounts...
Losses Accounting
Ensure that the losses accounting process complies with the requirement in the Manual of Accounts, and that all losses are recorded appropriately within LASPAR in accordance with this Manual.
Ensure that monthly quantums received from Legal Advisers for Medical Negligence and Personal Injury claims are analysed and provisions made within LASPAR in accordance with accounting standards, resulting in the calculation of the UHB's Financial Liability for Losses and Special Payments (including monthly submissions to the Welsh Risk Pool).
Ensure monthly reconciliations are maintained between LASPAR and the General Ledger, and that provisions/payments are entered on correct ledger codes. Reconciling items must be followed up and, where possible, cleared within the following month.
Losses Reporting
Assist in the production of all losses statements within the Annual Accounts and subsidiary returns, ensuring that they reconcile with the ledger and LASPAR.
Assist in the production of losses information for Audit Committee.
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click Apply now to view in Trac.
Cwm Taf Morgannwg (CTM) University Health Board, part of NHS Wales, serves a large population across a diverse and beautiful region, steeped in history and heritage. With nearly 13,500 staff, our health board is one of Wales's largest employers.
Together, we are Team CTM; a workforce dedicated to offering excellent patient care and support to the 450,000 people across our three regions, Bridgend, Merthyr Tydfil, and Rhondda Cynon Taf. We operate three District General hospitals, several community hospitals, primary and community care facilities.
CTM's location offers the best of South Wales, just 20 minutes from Cardiff's vibrant city life, the natural beauty of the Brecon Beacons, and the serene coastline at Ogmore. Whether you enjoy lively urban amenities, peaceful countryside, or seaside escapes, our location makes an ideal setting for both work and personal life.
Our CTM 2030 Strategy--Our Health, Our Future--focuses on uniting our region around shared health and wellbeing goals. Our values guide us daily:
o We listen, learn, and improve
o We treat everyone with respect
o We work together as one team
CTM employees enjoy benefits including; a leading pension, generous leave, flexible work, career growth, and access to ongoing learning and development.
At CTM, you'll find a welcoming, team-oriented workplace that values diversity and compassion, where you can take pride in your work and the difference it makes.
Qualifications and knowledge
Essential
- Good knowledge of financial control and governance processes.
- AAT qualified or studying for CCAB qualification (or equivalent relevant experience).
- Excellent Microsoft Excel knowledge and use, and good knowledge/use of other Microsoft Office products (e.g. Word).
Desirable
- Graduate.
- Good knowledge of financial and reporting systems.
- Knowledge of the NHS and its structure.
Experience
Essential
- Experience of working in a finance setting.
Desirable
- Experience of NHS Financial Systems and Processes.
- Experience of working in a large complex organisation.
- Experience in the application of financial controls and communicating those to the wider organisation.
Personal Qualities
Essential
- Take a helpful and sharing approach to meet customer needs in order to develop their understanding and use of systems and controls.
- Demonstrate a high standard of conduct, integrity and probity.
- Good communicator.
- Demonstrate a resilient attitude to work pressures.
- Adopt a "can do" approach whilst maintaining system and personal integrity.
Circumstances
Essential
- Able to travel within the Health Board, and to be able to attend meetings outside the Health Board in a timely manner.
- Able to work hours flexibly, bearing in mind service needs.
- Must be able to work unsocial hours where necessary eg. during systems testing.
Aptitude and Abilities Skills
Essential
- Be able to demonstrate a customer focus to meet user needs.
- Good communication skills, both orally and in writing and be able to adapt communication style depending on the recipient
- Excellent IT skills to be able to design and format financial spreadsheets with accuracy.
Desirable
- Good planning and organisation skills.
How to apply
Applications are handled entirely by the employer on the original advert. We do not collect CVs, supporting statements or application data.
Provenance
Source
NHS Jobs
First seen
25 August 2026
Last checked
27 August 2026
Salary, closing date and description are taken from the employer's advert. The original advert always takes precedence.
About the employer
NHS organisation
This listing was structured from NHS Jobs. Vacancy details and the application process remain the responsibility of the original source.
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