The post holder will ensure the integrity and accuracy of all income, capital expenditure and balance sheet transactions recorded in the Trust's General Ledger and adherence to the requirements of the Trust's Standing Orders, Standing Financial Instructions & Scheme of Delegation.
The role will facilitate production of timely and relevant information for the completion of monitoring reports to the Board, Integrated Care Board (ICB) and NHS England (NHSE) including capital reporting. Prepare and complete statutory accounts in line with Department of Health & Social Care, interpreting these when necessary, ensuring local and national timetables are met.
Main duties of the job
The Finance Department supports every aspect of the business and is primarily responsible for ensuring the following:
1. Optimisation of limited financial resources
2. Appropriate financial controls in place
3. Financial policies and procedures adhered to
4. Compliance with financial reporting requirements
The Finance Department identifies appropriate financial information prior to communicating this information to managers and decision-makers, in order that they may make informed judgements and decisions. The Finance Department contributes an objective perspective based on financial assessment techniques.
The Department works closely with SBS, who are the Trust's shared services provider, to monitor the purchase ledger, sales ledger, procurement, treasury management and payroll functions, providing input and support as appropriate.
About us
Cambridgeshire and Peterborough NHS Foundation Trust is a health and social care organisation dedicated to providing high-quality care with compassion to improve the health and wellbeing of the people we care for, as well as supporting and empowering them to lead a fulfilling life.
Our clinical teams deliver many NHS services, not only via inpatient and primary care settings, but also within the community. These services include children's, adult and older people's mental health, forensic and specialist mental health, learning disabilities, primary care and liaison psychiatry, substance misuse, social care, research and development.
To achieve our goal, we look to recruit high-calibre candidates who share our vision and values. As an equal opportunities employer, we encourage applications from all sectors of the community, particularly from under-represented groups including people with long term conditions and members of our ethnic minority and LGBTQ+ communities.
Please be advised we reserve the right to close adverts earlier than the closing date should we receive sufficient applications.
Regrettably, we cannot offer sponsorship for all our job roles. If you apply for a role that we cannot offer sponsorship for, unfortunately, your application form will be rejected from the process.
For further information on CPFT, please visit our website at www.cpft.nhs.uk
Job description
Job responsibilities
Please refer to the attached job description and person specification for full details of responsibilities.
1. Lead responsibility for preparation of internal and external monthly, quarterly, and annual statutory monitoring returns, including supporting working papers.
2. Ensure production of monthly Statement of Financial Position and cashflow reports (including aged debt analysis and Better Payment Practice Code figures) for inclusion in various committee or Board reports. Analyse results and monitor against targets, discuss problem areas with staff and provide guidance and advice on appropriate action.
3. Responsible for completing the Trust's statutory accounts and financial returns ensuring they are prepared in accordance with Department of Health & Social Care guidance and that all external and internal deadlines are met.
4. Ensure procedures are in place to monitor and control the Capital Programme Budget. Analyse information and discuss queries and under/over funding issues with relevant department, ensure applications for funds are requested where appropriate.
5. To oversee the development and manage the maintenance of an Income register to ensure that the Trust recovers all income to which it is entitled.
6. Develop systems to monitor daily cash flow against expected income & expenditure and manage the working balances to ensure that the Trust maximises investment income without compromising operating cashflow.
Person Specification
Knowledge & Skills
Essential
* Highly developed communication skills with the ability to communicate complex financial data to non-finance managers
* Communicate contentious information to an audience that may not be receptive
* Communicate clearly and concisely, both verbally and in writing, including the production of Committee papers
* Strong leadership qualities
* Ability to form judgements and make autonomous decisions guided by policies and procedures
* Confidence in using IT e.g. Microsoft Office, integrated financial ledger system, databases with accurate output
Desirable
* The ability to negotiate effectively with a wide range of people and professionals up to Board Level, both internally and externally
* Experience of finance systems development
Education
Essential
* Financial Qualification with an Accountancy Body - minimum Part Qualified
* Evidence of compliance with institute CPD requirements
* Honours degree or equivalent level of qualification and/or equivalent experience
Experience
Essential
* Significant senior post-qualification finance experience, working in an NHS or similar organisation to understand complexities of processes.
* Extensive specialist knowledge over more than one Financial Services function acquired through experience
* Staff management experience including finance staff development
* Previous Finance experience including leading in the production of cash and capital plans and regulatory returns, and support in the delivery of Financial Services outputs
* Experience of preparing the statutory annual accounts
Desirable
* Experience of using Oracle
Other
Essential
* Accepts responsibility and accountability for own work and can define the responsibilities of others
* Recognises the limits of own authority within the role
Employer details
Employer name
Cambridgeshire and Peterborough NHS Foundation Trust
Address
Hinchingbrooke Business Park
Kingfisher Way
Huntingdon
PE29 6FN
Any attachments will be accessible after you click to apply.
310-MCORP-6806590 #J-18808-Ljbffr