Finance Manager - CapitalNHS

Job summary

The Finance Manager - Capital and Reporting is a senior professional accountant role within the Financial Accounting function responsible for the Trust's capital accounting, fixed asset accounting, lease accounting and associated financial reporting requirements. The post holder acts as the Trust's lead specialist for capital and lease accounting, ensuring compliance with IFRS, the NHS Group Accounting Manual (GAM), the Government Financial Reporting Manual (FReM) and all NHS England reporting requirements.

All staff should comply with the Trust's Anti-Discriminatory Statement, Employee Charter, Trust Policies and Procedures, Code of Conduct and Equality and Diversity.

Main duties of the job

Capital Accounting including all journals

Lease Accounting and maintenance of lease register

Asset Register maintenance

Reporting

Job description

Capital Accounting

Lead all aspects of capital accounting activity across the Trust.

Ensure capital expenditure is accounted for accurately and in accordance with IFRS, GAM, FReM and Trust policies.

Provide specialist advice on the accounting treatment of capital projects and transactions.

Lead the financial review of business cases for capital investment and major schemes.

Support development of capital programmes and the finance lead for them, through provision of financial analysis and modelling.

Prepare and monitor capital expenditure forecasts.

Produce capital monitoring reports for senior management, Board and Committees, as well as for NHSE.

Interpret changes in accounting guidance, communicate the impact and ensure implementation of revised requirements across the Trust.

Evaluate complex capital investment proposals and provide recommendations to senior management.

Work collaboratively with Estates and Digital teams on major capital projects and procurements.

Provide financial scrutiny and challenge during tender evaluations and business case development.

Lease Accounting

Maintain the Trust's lease register, ensuring that lease accounting complies fully with IFRS and NHS requirements.

Review existing and proposed lease arrangements and advise on accounting implications.

Ensure lease liabilities and right-of-use assets are accurately accounted for and disclosed.

Prepare supporting working papers and disclosures for financial statements.

Fixed Asset Management

Maintain and develop the Trust fixed asset register, ensuring completeness, accuracy and integrity of asset records.

Perform monthly reconciliations between the general ledger and fixed asset records and promptly investigate and resolve any discrepancies.

Record additions, transfers, disposals, impairments, revaluations and useful economic life reviews.

Work closely with professional valuers and coordinate the Trust's valuation programme.

Review and verify valuation outputs and ensure correct accounting treatment

Financial Reporting

Lead production of capital and balance sheet reporting information.

Prepare and review balance sheet reconciliations.

Produce monthly, quarterly and annual reports relating to capital expenditure, assets and liabilities.

Support production of statutory returns and NHSE submissions.

Support preparation of cash-flow forecasts and capital financing information.

Develop reporting tools that improve financial insight and governance.

Design and maintain complex spreadsheets and reporting models.

Annual Accounts and External Reporting

Lead on preparation of annual accounts disclosures relating to capital, leases and fixed assets.

Complete comprehensive and understandable supporting working papers to external audit standards.

Respond to complex audit queries and requests.

Act as lead contact for external auditors in relation to capital and lease accounting matters.

Interpret national accounting guidance and recommend appropriate accounting treatments.

Service Improvement and Policy Development

Lead development and implementation of financial procedures relating to capital accounting and financial reporting.

Develop policies which improve financial governance and compliance.

Review systems and processes and implement improvements.

Lead projects aimed at improving data quality, reporting and efficiency.

Promote innovation and continuous improvement throughout the function.

Customer Service and Support

Act as specialist advisor to managers and stakeholders.

Provide expert guidance on capital, lease and asset accounting issues.

Resolve complex financial enquiries.

Maintain effective relationships across the Trust and with external organisations.

Ensure requests and queries are responded to promptly and professionally

About us

Hertfordshire Partnership University NHS Foundation Trust are one of just five mental health trusts to achieve an overall rating of 'Outstanding' from theCare Quality Commission.

Our family of over 4,500 members of staff provide health and social care for people with mental ill health, physical ill health and learning disabilities across Hertfordshire, Buckinghamshire, Essex and Norfolk, delivering these services within the community and several inpatient settings. Everything is underpinned by choice, independence and equality, with our Trust values embedded throughout:

Welcoming. Kind. Positive. Respectful. Professional.