Capital & Lease Accountant

Capital and Lease Accountant

Department: Finance

Location: London (hybrid)

Salary: £37,250 - £45,400 per annum + up to 12% annual bonus

Contract: Permanent, full time

We are looking for a Capital and Lease Accountant to manage the accounting for KFM's capital assets and lease portfolios in line with relevant accounting standards. Reporting to the Financial Controller, you will ensure accurate capitalisation, depreciation, and lease accounting, while supporting month‑end, year‑end, and audit processes.

This is an excellent opportunity for a part‑qualified or qualified accountant looking to develop specialist expertise in capital and lease accounting within a values‑driven, NHS‑aligned organisation.

The postholder will be responsible for managing the organisation's capital and lease accounting activities, ensuring accurate and compliant financial reporting. This includes maintaining the fixed asset register with correct recording of additions, disposals and depreciation, reconciling fixed asset and capital accounts on a monthly basis, and managing the Assets Under Construction (AUC) account to ensure timely capitalisation in line with company policy.

The role will involve close collaboration with the Procurement team to monitor capital expenditure and support forecasting and cash flow reporting.

In addition, the postholder will maintain and update lease schedules, ensuring they are complete, accurate and appropriately classified. They will record right‑of‑use assets and lease liabilities in the general ledger and work closely with Procurement to ensure that new leases, renewals and amendments are captured promptly and accurately.

The role will also support robust financial controls and reporting, including preparing balance sheet reconciliations for capital and lease accounts, contributing to month‑end and year‑end close processes, and providing analysis and commentary for management reporting. The postholder will play a key role in supporting external audits by providing high‑quality supporting documentation and responding to audit queries as required. Throughout the role, there will be a focus on continuous improvement, with responsibility for identifying opportunities to streamline and enhance capital and lease accounting processes.

• A levels and a Bachelor's degree (or equivalent experience)
• Studying towards or qualified in a professional accounting qualification (e.g. ACCA, CIMA)
• Experience working with ERP systems (e.g. D365 or similar)
• Exposure to capital accounting and/or lease portfolios
• Strong reconciliation skills and attention to detail
• Advanced Excel and data handling skills

• Highly organised and deadline‑driven
• Analytical with strong problem‑solving skills
• Proactive, positive, and committed to continuous improvement

• Work in an organisation where profits are reinvested into the NHS
• Gain specialist experience in capital and lease accounting
• Supportive environment focused on development and learning
• Opportunity to make a real difference to healthcare delivery

If you're looking for your next role and want to work with a values driven organisation contributing to the NHS, we'd love to hear from you!

Closing Date: Sun 25th Jan

Interview Date: Thu 5th & Fri 6th Feb

If you have any queries regarding this vacancy, please contact us via