[ref. q66083424] NHS - Bank Financial Controller (Admin Clerical Band 8C)

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

At Royal Free NHS Foundation Trust, we are looking to recruit for the position of a Financial Controller to join our staff BANK.

VISA SPONSORSHIP DOES NOT APPLY TO THIS ROLE

We have a fantastic variety of work underway at our hospitals which will both stretch you professionally and ensure you have a rewarding workplace experience. You will be expected to quickly develop an understanding of the business of healthcare provision, to support and lead on quality decision making through provision of excellent analytical support.

Be part of a diverse, energetic and capable hospital group finance team, which is focused on supporting financial recovery and developing best in class finance reporting and business analytics

This opportunity is likely to suit a fully qualified accountant .

1. In conjunction with the Head of Finance, lead the preparation of the Trust’s Subsidiary Annual Accounts in accordance with IFRS, Department of Health & Social Care’s (DHSC) Annual Group Accounting Manual and relevant accounting standards including FRS102.
2. 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
3. Prepare the subsidiary Annual Accounts timetable and co-ordinate the financial year end closure process with all finance sections and other departments to ensure DHSC and companies house submission deadlines are met.
4. To be responsible and the key liaison for the external audit 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.
5. Provide advanced specialist theoretical and practical knowledge of accepted accounting practices and NHS Finance and produce complex financial information to a high standard within the required timescales.

For further information please refer to the attached JD and PS.

Working for our organisation

You will be expected to quickly develop an understanding of the business of healthcare provision, to support and lead on quality decision making through provision of excellent analytical support. You will be an integral member of the Trust's finance team and be expected to contribute to the development, agreement and implementation of priorities.

We are an equal opportunities employer and welcome all applications irrespective of age, disability, gender, sexual orientation, race or religion.

Detailed job description and main responsibilities

• Royal Free World Class Values

1. RESPONSIBILITY FOR POLICY AND SERVICE DEVELOPMENT

• The post holder will have the discretion to use their initiative and act independently, to interpret overall Health Service policy and standards for use by others within the Finance Department and the Trust as a whole.
• The post holder is responsible for the development of financial reporting based on the data contained within the general ledger. This will take into account the requirements of NHS policy issued by DHSC and NHS England & Improvement.
• The post holder will be responsible for ensuring that the monthly finance report contains all the information required to brief the Board/other committees on the financial position of the Trust. They will need to continuously review and improve the content of the report.

1. RESPONSIBILITY FOR FINANCIAL AND PHYSICAL RESOURCES

• The post holder will be responsible for the coordination,review, integrity and timeliness of the monthly financial reporting process.
• The post holder will be responsible for financial accounts input into the financial accounting process working closely with the income and management accounts teams.

1. RESPONSIBILITY FOR LEADING AND MANAGING

• The post holder will co-ordinate recruitment, training and development of the financial accounts and capital teams.
• The post holder will represent the finance department at key meetings including capital meetings, meetings with VAT advisors and deputise for the Head of Financial Services as required.
• The post holder will be directly responsible for directly managing their team including the Deputy Financial Accountant, Assistant Financial Accountant, GP Lead Accountant and the Strategic Capital Accountant. They will provide professional leadership, coaching, and technical / personal development to this individual. In addition, they will work with their direct reports to plan their workload to ensure that, as a team, they meet the operational and strategic needs of the Trust.

VISA SPONSORSHIP DOES NOT APPLY TO THIS ROLE

For further information please refer to the attached JD and PS.

Person specification

Experience & knowledge

• Advanced Specialist knowledge of Accounting Standards (IFRS), Monitor Compliance Framework, VAT and Tax legislation.
• Significant involvement with year-end accounts preparation
• Experience of co-ordinating monthly financial reporting.

• Experience of managing and developing financial accounts teams.
• Experience of financial system development.

Education & Qualifications

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

• Degree - Masters level or equivalent
• 3 A levels
• First time passes
• Attendance at an Accounting for Foundation Trusts course

Skills and Abilities

• Highly developed verbal and written communication skills.
• Ability to present and explain complex financial information in a manner that can easily be understood by non-finance managers.
• Ability to analyse areas of work to identify areas which would benefit from continuous improvement.
• Confident in taking decisions when needed yet knowing when to ask advice / guidance or to gain approval before embarking on a specific course of action.
• Record of managing numerous work streams / projects simultaneously and delivering to tight deadlines.
• Record of improving processes and reporting in previous organisations.

• Strong influencing skills.

Royal Free World Class Values

• Demonstrable ability to meet the Trust Values

Personal Qualities

• Able to communicate clearly and concisely both verbally and in writing.
• Flexible team player, willing to ‘roll up sleeves’ where necessary.
• Able to inspire and motivate others.
• Positive ‘can do’ attitude.
• Embraces change.
• 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.