Assistant Capital Accountant

Health Jobs UK; Crewe; On-site; GBP 30,000 - 50,000; Full time

Job summary

An established industry player is seeking a finance professional to provide specialist support for capital investments in a new hospital build. This role involves maintaining the Trust Asset Register, managing finance leases, and delivering accurate reports on capital schemes. The ideal candidate will possess strong skills in financial analysis and communication, along with a qualification in accounting. Join a dynamic team where your expertise will contribute to essential healthcare projects and ensure financial integrity within the organization.

Qualifications

• Experience in a finance function is essential.
• Ability to operate in multidisciplinary environments.

Responsibilities

• Provide specialist support for capital investment related to the New Hospital Build.
• Maintain and update the Trust Asset Register, including new hospital build assets.

Skills

Proficiency in Microsoft applications

Critical evaluation of financial data

Effective communication skills

Planning and prioritization skills

Ability to present financial info clearly

Adaptability and confidence

Education

AAT Qualified

Studying towards a professional accountancy qualification

Job description

Detailed job description and main responsibilities:

1. Provide specialist support for capital investment related to the New Hospital Build and associated capital charges, utilizing advanced knowledge and skills. Responsibilities include financial monitoring, accounting of the capital scheme, financial analysis of equipment acquisitions, capital reporting, and ensuring the Trust meets its Capital Limits.
2. Work alongside the capital finance team, involving:

Fixed Asset Management:

1. Maintain and update the Trust Asset Register, including new hospital build assets, leases, revaluations, and disposals.
2. Produce annual depreciation values and collaborate with the Management Accounts Team on revenue budgets and phasing.
3. Run monthly depreciation processes and report variances.
4. Reconcile hospital spend between software and ledger monthly.
5. Coordinate annual revaluation, liaising with district valuers, reflecting changes on relevant records, and managing audit documentation.
6. Maintain reserve reconciliations and prepare property-related elements of annual accounts.
7. Forecast equipment replacements expected to be leased with nil net book value within 12 months.
8. Coordinate asset audits.

Finance Lease Management:

1. Review and authorize new leases, ensuring value and correct treatment.
2. Input leases into software, calculate fair values, and update financial statements.
3. Manage lease invoices, split costs accurately, and analyze variances.
4. Calculate depreciation for leases and process monthly journals.

Capital Scheme Monitoring:

1. Deliver timely and accurate reports on capital schemes.
2. Ensure ledger adjustments for monthly reporting.
3. Coordinate quarterly VAT reclaim processes for capital projects.
4. Review purchase orders charged to schemes and update forecasts.
5. Report to senior management and participate in relevant meetings.
6. Develop and update procedures for capital processes, aligning with standards like IFRS 16.

This outline is not exhaustive; additional tasks may be assigned.

Person Specification:

Knowledge/Previous Experience (Essential):

• Experience in a finance function.
• Ability to operate in multidisciplinary environments.
• Providing financial advice and services.

Desirable: Knowledge of NHS financial regime.

Skills (Essential):

• Proficiency in Microsoft applications.
• Critical evaluation of financial data.
• Effective communication skills.
• Planning and prioritization skills.
• Ability to present financial info clearly.
• Adaptability and confidence.

Qualifications (Essential):

• AAT Qualified.

Desirable:

• Studying towards a professional accountancy qualification.