Senior Financial Accountant

You will provide expert advice and support on complex financial accounting matters, including VAT and capital accounting, while developing and maintaining effective computerised and manual accounting systems. With detailed technical knowledge and a strong business focus, you will help ensure that the Trusts financial processes are efficient, effective and professionally delivered, supporting managers across the organisation to meet the Trusts financial duties.

Improving Diversity and Inclusive Recruitment

As part of the Trust's aim to improve diversity

across the Trust, positive action is being taken and all applications for this

post from BAME, Disabled and LGBT+ candidates can request to be considered

under an expanded Guaranteed Interview Scheme if they meet the minimum criteria

as specified in the person specification for this role.

Applicants will be prompted in the application form

to declare if they wish to be considered under this expanded Guaranteed

Interview Scheme, and their response would be visible to the Shortlisting

Panel.

If you have any queries about expanded Guaranteed

Interview Scheme, please contact Rob Saunders (HR Manager - Recruitment) in

confidence via email robert.saunders1@nhs.net

Statutory Returns and

External Monitoring

Lead the production of the Trusts

statutory annual accounts, providing comprehensive procedure notes, high

quality working papers and a detailed plan and timetable to all finance and

appropriate non-finance staff to ensure completion of the accounts in line with

local and national deadlines.

To be responsible for the month end and

year end processes as required across a broad range of financial accounting

tasks. This will involve producing

schedules for both external statutory accounts, returns to the Department of

Health and internal reporting, ensuring these are high quality and timely.

Work with the Trusts external auditors

during any audit of the statutory accounts and ensure that responses to queries

raised by the auditors are dealt with in an appropriate and timely manner.

Lead on the analytical review of accounts

ensuring that highly complex information and financial concepts are interpreted

and conveyed clearly and persuasively to internal and external stakeholders.

Liaison with internal and external audit

to implement best practice as recommended to the Trust. This will involve the

timely implementation of audit recommendations and liaising with colleagues to

ensure audit actions are communicated and implemented within the Finance

Department and across other departments of the Trust where applicable.

Financial Accounting

To be operationally responsible for the

preparation and management of capital reporting and asset accounting including

asset register, additions, indexation and depreciation, capital charge,

estimated and capital forecasting.

Interpret and advise on the implications of IFRS accounting

changes and model, develop and implement as appropriate those changes to the

Trusts accounting statements and budgets made necessary by new and revised

accounting guidance.

To be operationally responsible for the

accounting treatment of leases (both where the Trust is a lessee and lessor)

and managed service contracts, including providing advice to finance and

non-finance managers, maintaining the database of Trust leased assets and

preparing all the accounting entries and returns for the Trusts leasing

assets.

To be operationally responsible for the

production, implementation and review of detailed financial policies and

procedures for the financial accounting functions carried out in the Trust.

Ensure financial procedures are updated in line with Standing Orders and

Standing Financial Instructions and widely communicated across the Trust.

Play a lead role in implementing systems

and management actions in support of ensuring statutory financial performance

targets are achieved.

Ensure that Control Accounts, Suspense

Accounts and other Balance sheet entries are reconciled and cleared on a

monthly basis with any issues investigated and resolved.

To co-ordinate the implementation of VAT

regulations across the Trust and facilitate maximum recovery, working alongside

the Trusts tax advisers. This will involve providing advice and guidance to

finance and non-finance managers across the Trust on matters relating to VAT

and other accounting issues

To support the Trusts LTFM (Long Term

Financial Model) and annual Financial Plan, ensuring they accurately reflects

the balance sheet and financial details.

This will involve supporting the capital teams to ensure capital plans

are accurately reported and forecast to provide cash flow details.

Provide technical support on capital and

revenue business cases as required including finance charges.

To operationally lead the Trusts PFI

accounting ensuring all modelling and reporting is maintained and developed in

an appropriate manner.

Responsibility to ensure that a periodic

revaluation of the Trusts estate is undertaken and reported appropriately in

the Trust accounts.

Identify ways of improving processes and

procedures to ensure the finance functions are efficient and effective and to

manage the necessary changes in business process in conjunction with the Associate

Director of Finance.

Financial System

Responsible for providing, implementing

and maintaining a range of complex computerised and manual accounting systems.

To ensure systems are reviewed and updated to comply with changes in reporting,

security, and legislative requirements.

Ensure that transaction authorisation

levels within financial systems comply with the Trusts Standing Financial

Instructions and Scheme of Delegation.

Other

Maintain and recommend any changes to the

Scheme of Delegation and Standing Financial Instructions.

To be the line manager in respect of capital

team and reporting team, financial systems team and liaising with other senior

colleagues as required.

Ensure staff receive appropriate training

to meet their professional needs and the needs of their post, and ensuring that

all mandatory training required by the Trust is undertaken and maintained.

To actively participate in departmental

review of policies and procedures, suggesting changes and improvements to

processes and procedures whether within the post holders work area or the wider

department.

To be responsible for your own

development on a continuous basis and to participate in the Directorates

appraisal process and ensure team members are appraised.

To ensure that Trust and Directorate

procedures are strictly adhered to

To check and ensure appropriate response

and action on all audit report comments, and responses to FOI requests relating

to the section.

Support the wider Finance team as

required and agreed with the Associate Director of Finance and provide cover

for Senior Financial Accountant when required.

Liaise with a range of staff including

managers and clinicians to interpret complex or ambiguous requirements. Apply

specialist knowledge and advice of information available, particularly in

relation to data sources, methods of analysis, and data quality

To adhere to Trust policies regarding

confidentiality and information security.

To carry out any other duties

commensurate with the grade of this job.

The duties defined in this job

description are not definitive and may be subject to future amendments

following appropriate consultation.

Worcestershire Acute Hospitals NHS Trust is a large

acute and specialised hospital trust that provides a range of local acute

services to the residents of Worcestershire and more specialised services to a

larger population in Herefordshire and beyond.

The Trust operates hospital-based services from

three sites in Kidderminster, Redditch and Worcester

Our workforce is more than 7,000 strong, and our

caring staff are recognised as providing good and outstanding patient-centred

care. You could be one of them.

We are committed to recruiting the best people to

work with us. Our values, which we ask all staff to demonstrate, underpin our

everyday work and remain firmly at the heart of all we do.

Being open and honest

Ensuring people feel cared for

Showing respect to everyone

We are committed to developing a culture of continuous improvement by embedding the principles of our Improvement System.

We are proud to have achieved Timewise

accreditation - this means we are committed to embedding flexible working

within our organisation as a flex positive employer.

DBS Checks and Costs

Any applicants who are offered posts requiring a

DBS check as part of their employment check will have the cost of this check

(at the current rate) deducted from their salary. Please see link in Supporting

Information section for more details on DBS checks and costs.

Experience

Qualifications

Skills & Knowledge

Personal Qualities

Improving Diversity and Inclusive Recruitment