Finance Transactions Officer | East Hospitals NHS Trust

Overview

We are on the lookout for a passionate and driven Finance Officer to join our dynamic team. This isn't just a job; it's an opportunity to shape the financial landscape of our Trust. If you're up for a challenge and ready to make a real impact, keep reading!

We are looking for an individual with the drive to succeed, to make a difference and support service improvement with the skills to actively engage with stakeholders both internal and external. This role requires a self-motivated, pro-active person with a structured and methodical approach to problem solving, and excellent analytical, technical and interpersonal skills with the ability to prioritise and manage workload to meet deadlines.

Ideally the candidate will be studying AAT.

The Finance Transactions Officer provides support to the Finance Transactions Manager and Senior Finance Transactions Officer in ensuring that all aspects related to creditors and payments are accounted for and managed correctly. They also engage in proactive oversight of the shared service provider, ELFS, performing its function in relation to these areas.

We are a forward-thinking organisation committed to excellence in all aspects of our work. Working with us gives you knowledge and pride that every activity you do genuinely makes a difference to support our patients & staff, ensuring we keep thriving & delivering outstanding healthcare.

You’ll make an impact, be challenged to think differently, be bold & help innovate to keep improving things. Everything we do centres around patient care and enhancing their experience, which means your role is pivotal and something really to be proud of.

• Maintenance and development of the Payables and Receivables Ledgers.
• Accounts Payable:
  Reviewing invoices appearing in the PO and Non PO workflows daily and ensuring invoices and notifications are routed correctly via the SBS system for approval; performing regular statement reconciliations and liaising with SBS / suppliers to ensure payables ledger is updated; regularly review supplier accounts in credit and work with the supplier to match credits against invoices or arrange payment;
  
  maintain supplier accounts.
• Providing advice and assistance to suppliers and trust managers to investigate and resolve written and telephone queries, often of a complex and sensitive nature.
• Accounts Receivable:
  Reviewing credit memo requests and ensuring these are dealt with in an appropriate time scale by Trust managers; maintain supplier accounts; provide regular statements to debtors and chase debt where necessary; provide advice and assistance to customers and trust managers to resolve queries.
• Financial Planning and Reporting:
  Manage and deliver the Better Payment Practice Code target for paying bills within 30 days of receipt; produce monthly reports; assist with cash flow input and aged debt analysis; run housekeeping reports and take action to clear issues; produce backing documents for month-end and notes to annual accounts; assist with inter-NHS balances reconciliation and escalate issues as needed.
• Financial Management and Control:
  Prepare weekly BACs runs, RFT payments and cheque runs; monitor disputed invoices and accruals; work with the Financial Advice Team on creditor accruals; raise invoices to ensure Trust income is received; monitor SBS workflow systems and ensure signatories clear workflows; review ledger for duplicate payments and coordinate with SBS to recover; review unallocated cash and ensure correct coding; collaborate with procurement on creditor control;
  
  support credit control with SBS; provide support to Finance Transaction Assistants as required.
• Financial Accounting:
  Ensure one-off supplier payments are correctly authorised and entered; ensure payroll payments are input accurately; support monthly reconciliation of creditor control accounts; ensure cash is allocated and transactions recorded; liaise with internal and external auditors as needed; undertake other duties as directed by FTM & SFTO as commensurate with grade.

Expiry:
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