Head of Financial Accounting

Head of Financial Accounting Woodrow Mercer Healthcare are currently recruiting for a Head of Financial Accounting (Band 8A) on a 6 month FTC to support a trust based in the Midlands. The role will be predominantly remote working. Job overview: To provide comprehensive and professional financial accounting services. This includes ensuring the integrity of the financial accounts, producing financial reports for internal and external customers, preparing final accounts, managing cash, implementing audit recommendations and having line management responsibility for members of staff who support the post holder. Key Duties Tasks and Responsibilities Leadership - Line management responsibility for the Financial Accounting team. This will include setting objectives, undertaking appraisals and dealing with any disciplinary issues that may arise. - Act as a pro-active and key member of the Finance senior leadership team. Patient Care - The postholder will only have incidental contact with patients while undertaking their role, however, they must have a full understanding of the vital role finance has to play in ensuring resources are used effectively to support and improve patient care. Financial Accounting - Prepare statutory annual accounts in accordance with IFRS, the Annual Reporting Manual and accounting policies and procedures. These are to be supported by robust working papers and reconciliations that satisfy external audit requirements. This will include planning own workload and that of other members of the team. - Act as the lead contact point during the Annual Accounts audit and co-ordinate the production of high quality working papers and ensure timely responses to queries raised. - Support the preparation of the quarterly financial statements in accordance with IFRS, the Annual Reporting Manual and accounting policies and procedures. This includes quarterly returns to Monitor. - Produce monthly trial balances & balance sheets and review all supporting control code reconciliations to ensure accuracy of the accounts at each reporting cycle. - Oversee the NHS Agreement of Balances exercise. Provide accurate statements and agree balances with other NHS bodies and ensure reconciliation with the General Ledger. Ensure systems and processes are adapted to ensure the Trust is able to provide auditable information to support Whole of Government Accounting requirements. - Provide timely and accurate financial advice to finance and non financial managers regarding highly complex financial matters. Cash and Treasury Management - Cash management, including the production of medium and long term forecasts. - Ensure the Trusts working capital balances are managed effectively and that cash is maximised. - Responsible for the management of the Trusts treasury management function Capital - Oversee the management and monitoring of the Trusts capital expenditure and ensure that the Fixed Asset register is maintained correctly and that the appropriate accounting records are maintained. - Responsible for the maintenance of the Fixed Asset Register (FAR) to ensure that the register reflects correctly. Ensure that additions and disposals are reflected correctly and indexation and depreciation is accurately calculated and reflected appropriately within the FAR and General ledger Reporting Responsible for the production of timely and accurate monthly reporting information in respect of the Trusts Statement of Financial Positon and Cashflow , providing explanations for material variances from plan on a monthly basis. Financial Governance - Agree and implement internal and external audit recommendations and act as a key contact for the Trusts auditors in all matters relating to financial and technical accounting. - Ensure that the Trusts Financial policies and procedures are kept up to date and are embedded across the organisation. Provides specialist advice and guidance on the interpretation of financial accounting policies and procedures of the Trust. - Ensure financial controls are in place across all financial systems - Develop and maintain relationships with internal and external auditors Other - Perform ad-hoc duties as required that reflect the seniority of the post Information Resources/Information Systems - Reviews and analyses complex financial data - Interprets national and industry guidance and advises on the implications for the organisation within sphere of responsibility. -Uses advanced computer skills in daily work eg Excel, Access, Word and Oracle ledger system. TPBN1_UKTJ