Head of Financial Reporting (Developmental Post)

Our trust has over 17,000 staff serving 2 million patients every year. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital and more than 30 services in the community. This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.

Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers’ money, being safe and meeting our external duties, and building a strong organisation.

Everyone is welcome at Royal Free London NHS Foundation Trust. We're proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.

Click here to view our video Welcome to the Royal Free

Job overview

Developmental Post - permanent appointment subject to successful completion of a professional accounting qualification and achieving related objectives and competencies

The Finance team has a unique opportunity for someone who has a genuine enthusiasm for Financial Reporting

This is a newly established post with the opportunity to support the Finance team while gaining an professional accounting qualification

Main duties of the job

In conjunction with the Head of Financial Services and Assistant Director of Finance – Financial Control), lead the preparation of the Trust’s Group Annual Accounts including PFRs/TACs in accordance with IFRS and Department of Health & Social Care’s (DHSC) Annual Group Accounting Manual.

Interpret guidance from NHS England & Improvement, DHSC and general accounting standards in order to update Finance and Processing staff on changes which may affect their year-end close down and in order to complete the statutory annual accounts in accordance with guidance issued by the DHSC and NHS England & Improvement.

Prepare the Trust’s Annual Accounts timetable and co-ordinate the financial year end closure process with all finance sections and other departments to ensure DHSC submission deadlines are met.

To liaise with and provide documentation and high quality audit working papers to External Auditors to support the information contained in the Annual Accounts and notes drafted in accordance with DHSC Group Accounting Manual, NHS England & Improvement guidance and relevant accounting standards.

Working for our organisation

The Royal Free London NHS Foundation Trust is one of the UK’s biggest and most innovative trusts. Across three main hospitals, our dedicated army of staff care for over 1.6million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17million tests.

Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top

For more information please follow link https://www.royalfreelondonjobs.co.uk/

Detailed job description and main responsibilities

Please see attached Job Description and Person Specification for further details of the post and visit our website to find out about working in Royal Free.

Person specification

Royal Free World Class Values

• Demonstrable ability to meet the Trust Values

Education & Qualifications

• Professional qualification (CCAB) in accountancy (CIMA, ACA, CIPFA, ACCA)
• Evidence of having kept technically up to date since qualification.

• Degree
• First time passes in professional examinations
• Attendance at an Accounting for Foundation Trusts course

Experience

• Relevant post qualification experience or significant management accounting or equivalent experience in a similar organisation.

Skills

• Analytical skills with the ability to communicate clearly the results of such analysis
• Excellent communicator both verbally and in writing.
• Ability to present and explain financial information in a manner that can easily be understood by non-finance managers.
• Ability to make use of systems (e.g. Excel, Access, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems.
• Record of delivering to tight deadlines
• Record of improving processes and reporting in previous roles.
• Record of influencing staff, colleagues and budget holders to achieve positive outcomes.
• Record of analysing areas of work to identify and implement improvements
• Record of successfully training and coaching staff.
• Covid-19 Vaccination

• AT* - Apprenticeship Training. Where AT* is entered next to the job title indicates that this vacancy is for an apprenticeship role.
• By applying for this role, you accept if successful, that your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers. Therefore we require you to complete your stat and Man e-learning modules prior to joining our organisation.
• If you are an EU/EEA citizen who does not have EU Settlement or Pre-Settled status, you will require a visa to work in the UK.
• Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. Before submitting your application and to avoid disappointment please check that you are eligible under the UKVI points based system.
• If you are offered a role with one of the NLPSS partner trusts, as part of pre-employment checks your identity and right to work documentation will be verified remotely (in most circumstances), using a certified identity verification service provider TrustID. You will be asked to capture an image of the relevant documents as well as a “selfie” using your smartphone/tablet (if available) for facial matching. TrustID will also perform a digital address check using Trunarrative and Equifax, which is a soft check and does not leave a footprint on your credit rating. For more information, visit www.trustid.co.uk
• The Trust uses electronic new starter forms on Trac to collect personal details. Information collected is securely stored and used to set up the employee record on the ESR HR system.
• The Trust will request a DBS (CRB) if post involves regulated activities. The Trust is compliant with the Disclosure and Barring Service Codes of practice and the Rehabilitation of offenders act.
• By applying for this post you are agreeing to Royal Free London NHS Foundation Trust transferring the information contained in this application to its preferred applicant management system. If you are offered a job, information will also be transferred into the national NHS Electronic Staff Records system.
• Please be aware of scams – unless specified above, we will only communicate with you via @recruit.trac.jobs or nhs.net e-mails and we will never ask you for any payments.