Job summary
Job Summary:
The post holder will have previous financial experience, ideally within a primary care environment, and be able to support the overall smooth financial operation of the business.
The post holder will have excellent communication skills and liaise regularly with the Practice Manager, partners and accountants to present accurate and timely financial information whilst maintaining confidentiality. Working within the Finance Team the post holder will ensure the smooth and efficient financial operation of The Deepings Practice. This will include general book keeping using Xero accounts package making payments, raising invoices, all claims and producing timely and accurate preparation of financial information for management accounting and statutory reporting purposes.
The main purposes of the role are to administrate and assist with all aspects of practice finances, optimising efficiency and financial performance, ensuring the practice achieves its long-term strategic objectives. Through innovative ways of working, drive to achieve NHS targets and changes within a GP surgery.
Main duties of the job
The following are the core responsibilities of the post holder. There may be, on occasion, a requirement to carry out other tasks, this will be dependent on factors such as workload and staffing levels.
Administrate practice finances, maximising income and reducing expenditure reviewing budgets.
Assist finance lead with cashflow reporting and forecasting.
Review all income and expenditure statements, identifying any inaccuracies and rectifying such issues.
General bookkeeping, including all financial ledgers and reconciling bank statements.
Assist with VAT returns.
Maintain an effective system for the handling of petty cash and cheques.
Submit year-end figures under supervision of finance lead/practice accountants.
Assist Finance and contracts lead in presenting financial forecasts with P&L to partners in a quarterly meeting.
Maintain an effective working relationship with the ICB, ensuring the practice receives a proportionate and equitable allocation of resources.
Partake in audit as requested by the audit lead.
Attend any external meetings pertinent to the role of Finance Administrator.
Assist Finance and Contracts lead.
This job description is not exhaustive and will evolve further as the Finance team develops.
About us
The Deepings Practice is a large practice based in Market Deeping with a branch site at Glinton, we serve over 24,000 patients. The Deepings practice has a large team of clinical and non-clinical staff lead by seven partners and a full senior management team. We have a CQC score of Good and strive for excellence in all areas of patient care. We have a strong focus on health promotion and personalised care, supporting patients to make informed decisions about their health and social care. We are a dynamic, friendly, and supportive team with experience in training GPs and other healthcare professionals.
Job description
Job responsibilities
The following are the core responsibilities of the post holder. There may be, on occasion, a requirement to carry out other tasks, this will be dependent on factors such as workload and staffing levels.
Administrate practice finances, maximising income and reducing expenditure reviewing budgets.
Assist finance lead with cashflow reporting and forecasting.
Review all income and expenditure statements, identifying any inaccuracies and rectifying such issues.
General bookkeeping, including all financial ledgers and reconciling bank statements.
Assist with VAT returns.
Maintain an effective system for the handling of petty cash and cheques.
Submit year-end figures under supervision of finance lead/practice accountants.
Assist Finance and contracts lead in presenting financial forecasts with P&L to partners in a quarterly meeting.
Maintain an effective working relationship with the ICB, ensuring the practice receives a proportionate and equitable allocation of resources.
Partake in audit as requested by the audit lead.
Attend any external meetings pertinent to the role of Finance Administrator.
Assist Finance and Contracts lead.
This job description is not exhaustive and will evolve further as the Finance team develops.
Person Specification
Qualifications
Desirable
1. Level 2 Certificate in bookkeeping
Experience
Essential
2. Experience of working in a Finance Dept.
3. Experience in working to tight deadlines
4. Ability to communicate at all levels
5. Knowledge of Xero
6. Excellent communication skills
7. Knowledge of VAT
8. Attention to detail & maintaining accuracy
9. Able to think and plan ahead using own initiative
10. Flexibility in working hours as required
11. Effective Time Management (Planning & Organising)
12. Competent in the use of office and outlook
13. Professional demeanour
14. Interpersonal skills & problem solving skills
Desirable
15. Knowledge of GP Finance/PCS
16. 3yrs + in finance focused role
17. System 1 Clinical System
18. Knowledge of Primary Care
19. Knowledge of finance within a Dispensary
20. Accounts payable and receivable