Group Accountant
| Posting date: | 25 April 2025 |
|---|---|
| Salary: | £70,387.00 to £80,465.00 per year |
| Additional salary information: | £70387.00 - £80465.00 a year |
| Hours: | Full time |
| Closing date: | 11 May 2025 |
| Location: | London, SE1 4YB |
| Company: | NHS Jobs |
| Job type: | Permanent |
| Job reference: | C9196-25-0742 |
Summary
To report to the Director of Operational Finance on a monthly basis the main issues arising from the subsidiaries balance sheet and cashflows for actuals and forecasts, including advising on the financial accounting opportunities and risks of new guidance and future plans. To manage the month-end close down process of the subsidiaries accounts to ensure that the financial books of the groups reflect the true financial out turn. To work with the Deputy Chief Accountant to develop and implement changes to the subsidiaries month end reporting policies and procedures to deliver accurate reporting for the Trust, including working with departments outside of finance where their procedures impact on the accounts. To work in collaboration with the Financial Operations team managers to ensure that efficient processes are in operation to accurately record and identify all subsidiary transactions. To work with the Senior Financial Accountant to ensure that the Trust monthly and year end reporting timetable supports the production of the subsidiary accounts. To lead on and develop the subsidiaries forecast outturn balance sheet and cashflow positions and to ensure consistent assumptions with the income and expenditure forecasts. To monitor and manage the subsidiaries cash flow planning and forecasting and day to day cash flow monitoring to ensure that the liquidity ratio is maximized. Work with department managers across Finance to maximize the subsidiaries cash position. To lead on the year end accounting timetable for the subsidiaries coordinating the work of all teams in Finance and of other departments where their input is required to ensure that the statutory accounts for the subsidiaries are prepared and reviewed before they are submitted for audit in line with national timetables. Liaise with the external auditors to ensure that the statutory accounts for all subsidiaries are audited in line with the national deadlines. To be the Subject Matter Expert for all subsidiary and group consolidation accounting in the finance ledger, including reviewing and testing continued functionality from quarterly software updates and a key role in the design of the ledger. To provide financial leadership and present complex financial management information to senior Finance staff, the Director of Operational Finance and Chief Finance Officer. To provide support and guidance on the structure of subsidiaries in order to maximize the Trusts financial position. To attend subsidiary Board meetings as deemed appropriate offering advice and input as required. Communicating and identifying key accounting issues arising from Board meetings and feeding back to appropriate channels. To lead on the preparation and filing of corporation tax returns for the subsidiaries, liaising with external tax advisors and subsidiary contacts as appropriate. To prepare and submit the subsidiaries VAT returns as appropriate for the subsidiary. To lead on the provision of taxation advice for the subsidiaries including advising on the most efficient tax structures for the Trust. To prepare bank reconciliations for all the subsidiary bank accounts, following up on reconciling items. Maintain bank mandates and banking access /control as appropriate for the subsidiaries. To lead on the provision of accounting advice for proposed changes to the Group structure. Responsible for delivering against relevant sections of SLAs with subsidiary organisations. Responsible for the delivery of specialist financial training to non-finance staff across the Trust, which are consistent with the nature of the post. Ensure that the team provides a high quality service to its customers, carrying out customer satisfaction surveys and implementing changes as a result. Any other duties as may be required from time to time.