Financial Accountant (Treasury)

Barts Health Nhs Trust; City of Westminster; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading healthcare organization in the United Kingdom is seeking a finance professional to support financial services operations. The role involves managing cash flows, balancing bank statements, and liaising with banking partners to ensure accuracy and efficiency in the financial processes. Ideal candidates will have finance experience and the ability to communicate effectively with various stakeholders. The position emphasizes an inclusive work culture that values diversity.

Qualifications

• Experience in financial services and accounting.
• Strong analytical skills to manage cash flow forecasts.
• Effective communication skills for liaison with banking services.

Responsibilities

• Maintain daily records of receipts and payments.
• Update cash position and forecast cash requirements daily.
• Liaise with commercial bankers for accurate forecasts.
• Implement and document new banking procedures.
• Ensure cash is recorded accurately during year-end.

Job description

About the role

The post holder will support the Associate Director of Finance – financial services to deliver all aspects of the service area financial accounts, ensuring the banking service to the Trust is provided accurately and efficiently. They will maintain the Trust's cash book, reconcile bank statements, produce daily cash flow forecasts, invest temporary cash surpluses, and maintain the integrity of the Trust General Ledger through effective communication with Finance and other departments. The role reports to the Deputy Financial Controller.

Key Result Areas

• Daily record of all receipts, payments and bank statements; daily reconciliation of all bank statements to the accounts.
• Daily update of the Trust's cash position and forecast of short‑term cash requirements.
• Daily liaison with the Trust's commercial bankers and the Government Banking Service to obtain up‑to‑date statements and forecast figures.
• Invest cash with institutions authorised by the DHSC in line with the Trust's Investment Policy, using bank information and cash‑flow forecasts to maximise interest income.
• Electronic loading of all bank statements to the Cash Management system on a daily basis.
• Daily reconciliation of bank statements to the Accounts Receivable and Accounts Payable ledgers, investigating discrepancies and coordinating adjustments with AP and AR staff.
• Maintenance of up‑to‑date signatures and details on bank mandates.
• Archiving of all banking information to ensure relevant data is readily available.
• Communication to Trust managers and staff of any operational matters affecting them.
• Assisted development, documentation and implementation of new procedures within Banking Administration arising from new regulations or organisational changes.
• Ensuring cash is recorded and identified within the special timetable set at year‑end.

Values & Equality

We strive to live by our WeCare values and are committed to promoting inclusion, where every staff member has a sense of belonging. We value our differences and fully advocate, cultivate and support an inclusive working environment where staff treat one another with dignity and respect. As an Equal Opportunities Employer, we actively support applications from individuals who apply under the Guaranteed Interview Scheme and will process your application accordingly.