Finance Officer - Control | Wrightington, Wigan and Leigh Teaching Hospitals NHS Foundation Trust
| Posting date: | 03 April 2024 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | £25,147 - £27,596 Per annum |
| Hours: | Full time |
| Closing date: | 03 May 2024 |
| Location: | Wigan, WN1 1XX |
| Company: | Wrightington, Wigan & Leigh NHS Foundation Trust |
| Job type: | Permanent |
| Job reference: | 6130766/302-246130766CPR |
Summary
The posts’ primary purpose is to assist in the reconciliation of key control accounts and providing support to both cash, capital and VAT related functions to ensure key deadlines, statutory requirements and key performance indicators are achieved.
Working as part of a team the post holder will contribute to the efficient operation of the Controls and Treasury team ensuring that control accounts are reconciled on a monthly basis and suspense accounts and recharge codes are cleared in accordance with internal timetables. The post holder will assist in the maintenance of the Trust’s banking facilities, bank mandates, completion of VAT returns in accordance with statutory deadlines and will undertake the completion of a number of year end working papers to support the production of year end accounts.
Each member of the team will be allocated specific day to day tasks but will be expected to rotate duties on a periodic basis and cover for colleagues as and when appropriate.
Proactively contribute to the production of the Trust’s monthly financial information and annual statutory accounts.
Responsible for reconciling complex control accounts with supporting working papers each month, including collating nominal ledger reconciled year end creditor and accrual balances.
Utilise a range of computerised and manual systems to reconcile/support control accounts, providing guidance and support to external stakeholders
Responsible for monitoring and clearing suspense/recharge codes.
Responsible for the completion of a number of working papers to support figures reported in the Trust Annual Accounts.
Assist in the completion of the NHS agreement of balances exercise in relation to income and expenditure transactions.
Wrightington, Wigan and Leigh Teaching Hospitals NHS Foundation Trust are the proud providers of acute hospital and community services to the people of the Wigan Borough and surrounding areas. At WWL, we value our staff believing that ‘happy staff, makes for happy patients’. We have a recognised track record in staff engagement, and living our values ‘the WWL Way’.
WWL are committed to placing the patient at the heart of everything we do, and in the provision of safe, effective care that acknowledges and ensures dignity. With this in mind we are seeking to recruit people who share our values and beliefs.
At WWL we value the benefits a rich and diverse workforce brings to our community and therefore welcome applications from all sections of society.
• Reconciliation of control accounts in accordance with month end timetables.
• To have a detailed understanding of accounting procedures.
• Proactively contribute to the production of the Trust’s monthly financial information and annual statutory accounts.
• Responsible for reconciling complex control accounts with supporting working papers each month, including collating nominal ledger reconciled year end creditor and accrual balances.
• Utilise a range of computerised and manual systems to reconcile/support control accounts, providing guidance and support to external stakeholders.
• Responsible for monitoring and clearing suspense/recharge codes.
• Communicate to finance/non finance colleagues finance policies and procedures in line with Trust SFIs (Standing Financial Instructions).
• Provide guidance and advice to colleagues in relation to corrective action required in the nominal ledger, procedures in respect of control account reconciliations, and finance trainee accountant coaching.
• Responsible for the completion of a number of working papers to support figures reported in the Trust Annual Accounts.
• Assist in the completion of the NHS agreement of balances exercise in relation to income and expenditure transactions.
• Liaise with cashiering colleagues in order to reconcile and report patient monies.
• Liaise with internal/external auditors providing information/explanations as required.
• Liaise with members of the general public as required.
• Manage control section’s archiving process for records, in line with applicable guidance.
• Continually seek to identify areas for improvement within Financial Services and propose procedures to facilitate this while understanding the impact of the section’s work on other areas of the Finance department.
• Analyse, investigate and resolve financial queries, identifying solutions from a range of options.
• Responsible for the review of new supplier accounts, ensuring that all appropriate checks have been undertaken and no duplicate accounts are provided.
• Responsible for forwarding new supplier details and other documents to SBS as and when necessary.
• Responsible for planning and organising own workloads to meet departmental timetables and deadlines.
• Required to work between a number of tasks at any one time, prioritising workload as required.
• Prepare monthly VAT return and reconciliation including liaising with Trust’s VAT advisors and ad hoc tasks as required.
• Liaise with inventory managers to ensure timely and accurate inventory reporting. Co-ordination of year end stock takes and petty cash counts
This advert closes on Sunday 14 Apr 2024