Assistant Financial Accountant

The Methodist Church in Britain; Greater London; On-site; GBP 38,000 - 47,000; Full time

Job summary

Great Ormond Street Hospital for Children NHS Foundation Trust seeks an Assistant Financial Accountant to join the Financial Accounts team. The role centers on reconciling general ledger control accounts and helping prepare VAT, CIS, income tax, National Insurance and NHS pension returns, alongside the statutory accounts.

The post suits someone already studying towards an accountancy qualification with working knowledge of finance systems.

Qualifications

• Part-qualified CCAB accountant (first level) or AAT status.
• Grade C or above in English and Maths or equivalent.

Responsibilities

• Help produce monthly, quarterly and annual accounts through an assigned portfolio
• Help prepare NHS Improvement, Department of Health and Social Care and VAT returns on a rotational basis
• Reconcile specified control accounts against the Statement of Financial Position and produce journals
• Review income contracts and apply the appropriate Financial Reporting Standard
• Coordinate interim and year-end stock takes and prepare stock adjustment journals
• Reconcile and prepare the monthly CIS return
• Reconcile and prepare Congestion Charge reimbursements from TfL
• Ensure payroll deductions for third parties are paid over on time
• Help prepare VAT, CIS, income tax, National Insurance and NHS pension returns
• Maintain the losses and special payments register
• Assist in producing statutory accounts and returns to NHS Improvement, DHSC and HMRC deadlines
• Produce regular and ad hoc reports for the Head of Financial Accounts

Skills

Communication

Analytical thinking

Attention to detail

Explain finance concepts

IT savvy

Education

Part-qualified CCAB or AAT

Tools

e-financials system

computerised accounting system

IFRS knowledge

Job description

The Assistant Financial Accountant sits in the Financial Accounts team at Great Ormond Street Hospital for Children NHS Foundation Trust and reports to the Head of Financial Accounts. The work centres on reconciling general ledger control accounts and helping prepare VAT, CIS, income tax, National Insurance and NHS pension returns, alongside the statutory accounts. The post suits someone already studying towards an accountancy qualification with working knowledge of finance systems. Applicants need at least part-qualified CCAB or AAT standing to be considered.

What the job involves

• Help produce monthly, quarterly and annual accounts through an assigned portfolio
• Help prepare NHS Improvement, Department of Health and Social Care and VAT returns on a rotational basis
• Reconcile specified control accounts against the Statement of Financial Position and produce journals for reconciling items
• Help review income contracts and agree the applicable Financial Reporting Standard for each
• Co-ordinate interim and year-end stock takes and prepare stock adjustment journals for review
• Reconcile and prepare the monthly CIS return for review
• Reconcile and prepare Congestion Charge reimbursement claims from TfL for review
• Ensure payroll deductions made for third parties are paid over on time
• Help prepare VAT, CIS, income tax, National Insurance and NHS pension returns
• Maintain the losses and special payments register
• Help produce statutory accounts and periodic returns to NHS Improvement, DHSC and HMRC deadlines
• Produce regular and ad hoc reports as required by the Head of Financial Accounts

Qualifications

• Part-qualified CCAB accountant (first level) or AAT
• Grade C or above in English and Maths, or equivalent

Experience

• Previous experience within a finance department
• Understanding of double entry principles
• General understanding of accounting and year-end procedures
• General understanding or knowledge of a computerised accounting system
• Working knowledge of IFRS and other applicable statutory legislation

Skills & knowledge

• Good written, verbal and interpersonal communication
• Good IT skills in Word, Excel and email
• Accurate, fast data inputting with attention to detail
• Analytical and problem-solving skills with a methodical, thorough approach
• Ability to explain finance information to non-finance managers

Other

• Commitment to GOSH values
• Good time management and ability to prioritise under pressure
• Flexible approach, working both in a team and alone
• Sustained concentration on complex calculations with accurate results

Nice to have

• Previous accounts experience in an NHS setting
• Understanding of basic VAT rules
• Knowledge of the e-financials system
• Knowledge of NHS procedures
• Good organisational and planning skills
• Creative approach to problem solving
• Ability to work without supervision and use initiative