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A distinguished medical practice in Chipping Barnet is seeking a Finance Manager to oversee financial operations and ensure compliance with NHS standards. The ideal candidate will have at least 3 years of GP management experience, strong analytical skills, and proficiency in financial systems like EMIS and Xero. This pivotal role provides vital support for strategic decision-making and operational excellence.
We are seeking a highly capable and motivated FinanceManager to lead the financial operations of the practice and to assist thepractice manager with overall practice management. This pivotal role isresponsible for ensuring financial accuracy, transparency, andcomplianceproviding vital support to strategic decision-making and enablingoperational excellence.
Oversee day-to-day financial operations using variousaccounting platforms.
Maintain accurate and timely financial records, includingreconciliation of all income, payments, and receipts.
Manage partners drawings and NHS pension schemes.
Coordinate payroll, PAYE, and ledger coding with the ManagedPayroll Service.
Submit claims and maintain a record of it.
QOF call-recalls and send batch texts
Oversee bank accounts and liaise with banking providers.
Maximise income and control expenditure.
Manage year-end reporting with external accountants.
Oversee lease and rental agreements and ensure appropriateincome tracking.
Assist the practice manager with day to day managment tasks.
Cockfosters Medical Centre is a distinguished medical practice committed to delivering exceptional services through our corevalues: Innovation, Teamwork, Education, and Respect.
Prepare monthly, quarterly, and annual financial reports forpartners.
Reconcile accounts, ensuring accurate records.
Track income streams including NHS payments, private income,grants, and teaching income.
Monitor and analyse KPIs and present forecasts to partners.
Claims & Submissions
Submit accurate and timely claims for CQRS, PPA, DES, andLocal Incentivised Services.
Submit enhanced service claims (e.g., immunisations).
Prepare and submit quarterly claims for services (MinorSurgery, IUCD, Wound Care, etc.).
Track rent/service charge claims and liaise with NHSProperty Services.
Ensure all claims have the required documentation.
Expense Management
Oversee practice expenses and ensure proper documentation.
Approve and process payments to suppliers and serviceproviders.
Ensure compliance with expense policies and manage pettycash.
Manage payroll for all staff and ensure HMRC compliance.
Set up new employees in payroll and manage records.
Submit pensions and comply with NHS Pension Schemerequirements.
Invoicing & Billing
Create and issue invoices when needed and maintain a record of claims.
Manage third-party billing and follow up on outstandingpayments.
Audit & Compliance
Prepare financial records for audits.
Ensure compliance with NHS regulations and standards.
Implement internal controls to mitigate financial risks.
Review and improve financial processes for accuracy andefficiency.
Train admin staff on financial procedures as needed.
Strategic Financial Support
Support practice management in strategic planning andfinancial modelling.
Provide financial advice on savings and funding options.
Assist in preparing business cases for new initiatives.
Serve as financial contact for PCSE, NHS England,accountants, and auditors.
Liaise with banks, suppliers, and service providers.
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.