Financial Accountant

King's College Hospital NHS Foundation Trust; City Of London; On-site; GBP 40,000 - 50,000; Full time

Job summary

A leading NHS Trust is seeking a Financial Accountant to manage reconciliations and bank payments. The role includes preparing and posting journals and ensuring timely financial operations. Ideal candidates should have strong financial acumen and the ability to handle various financial tasks efficiently. This position offers the chance to contribute to sustainable healthcare initiatives.

Responsibilities

• Export bank statements for input daily to post journals to the Cashbook Ledger.
• Prepare CHAPS and Foreign Payments as required.
• Prepare and post income journals to Accounts Receivable Ledger and General Ledger once all income has been agreed to invoices.
• Set Up/Amendments and Removing of Standing Orders.
• Responsible for preparing and posting journals for cancelled cheques and recalled BACS.
• Reconciliation and preparation of schedules for all payroll allowance and deduction schedules.

Job description

Overview

The Financial Accountant is responsible for undertaking reconciliations and preparing bank payments in conjunction with the Financial Accounts Manager and allocating of income. This post also provides cover for the Senior Financial Accountant.

Responsibilities

• Export bank statements for input daily to post journals to the Cashbook Ledger.
• Prepare CHAPS and Foreign Payments as required.
• Prepare and post income journals to Accounts Receivable Ledger and General Ledger once all income has been agreed to invoices and/or general ledger codes. Journals must list all income received for the day and reconcile to the relevant bank statement.
• Set Up/Amendments and Removing of Standing Orders.
• Responsible for preparing and posting journals for cancelled cheques and recalled BACS.
• Reconciliation and preparation of schedules, for all payroll allowance and deduction schedules. Investigation and resolution of any queries or errors.
• Reconcile Balance Sheet codes monthly and ensure all queries are dealt with in a timely manner.

About the Trust

The Trust provides a full range of local and specialist services across its five sites. The trust-wide strategy of Strong Roots, Global Reach is our Vision to be BOLD; Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we aim to take Team King’s to another level.

We are at a pivotal point in our history and we require individuals who are ready to join a highly professional team and make a real, lasting difference to our patients and our people.

King’s is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone’s contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust’s carbon emissions, waste and pollution wherever possible.

For further details / informal visits contact: Name: Titi Matuluko
Job title: Senior Financial & Group Accountant
Email address: [e-mail]