Financial Accountant - Treasury Management, Payables & Receivables

East and North Hertfordshire NHS Trust; Stevenage; On-site; GBP 40,000 - 60,000; Full time

Job summary

A healthcare organization is seeking a Financial Accountant specializing in Treasury Management, Payables & Receivables. The role involves managing the Transaction Team and ensuring the accuracy of financial operations. Candidates should have experience with accounts payable and receivable, cash management, and familiarity with the Oracle platform. The position supports efficient cash flow and involves collaboration with auditors and stakeholders to resolve invoicing issues.

Benefits

Flexible working arrangements

Positive work-life balance

Qualifications

• Experience in managing financial accounting tasks.
• Proficient in accounts payable and receivable.
• Strong knowledge of cash management practices.

Responsibilities

• Manage accounts payable and receivable teams.
• Lead balance agreement exercises.
• Collaborate with auditors to ensure financial integrity.

Skills

Accounts payable management

Accounts receivable management

Financial reporting

Cash management

Oracle platform experience

Education

Professional accounting qualification

Tools

Oracle

Job description

Overview

We are recruiting for a Financial Accountant - Treasury Management, Payables & Receivables to join our Finance team. The role supports the Deputy Financial Controller (Operations) of East and North Hertfordshire Teaching NHS Trust in delivering financial and operational objectives. The post focuses on operational and transactional financial accounts, including accounts payable, accounts receivable, cash management, and working capital management. At the heart of our values are Include, Respect, and Improve. The Financial Accountant will manage the Transaction Team in all matters relating to accounts payable and receivable and will lead the agreement of balances exercise for the Trust. The role involves working closely with NHS Shared Business Services which uses the Oracle platform. The successful candidate will be responsible for monitoring and reporting on the systems and procedure controls designed to ensure integrity and accuracy within the financial services function. The post holder will ensure the smooth functioning of the collection and payment of cash, and, where there is a systems issue, you will take the lead and propose changes to avoid a repeat. The role includes overseeing the processes for debt collection of the Trust’s income, including working with Commissioners and key stakeholders to ensure that any disputed invoices are resolved quickly. You will also work with external and internal audit to ensure efficient and effective delivery of their work programmes while maintaining appropriate internal systems and procedures.

Responsibilities

• Manage the Transaction Team in all matters relating to accounts payable and accounts receivable.
• Lead the agreement of balances exercise for the Trust.
• Work closely with NHS Shared Business Services (Oracle platform).
• Monitor and report on system and procedure controls to ensure integrity and accuracy within the financial services function.
• Ensure the smooth functioning of cash collection and payments; lead proposed changes to prevent recurring issues.
• Oversee debt collection processes for the Trust’s income and resolve disputed invoices with Commissioners and key stakeholders.
• Collaborate with external and internal audits to support delivery of their work programmes.

About East and North Hertfordshire Teaching NHS Trust

We are proud of the range of general and specialist services we provide and our 6,000 or so dedicated staff ensure our patients get the best care. We run the following hospitals:

• The Lister Hospital, Stevenage
• New Queen Elizabeth II (New QEII), Welwyn Garden City
• Hertford County, Hertford
• Mount Vernon Cancer Centre (MVCC), Northwood

We have ambitious plans to become an outstanding, patient-led Trust where dedicated staff provide high-quality, compassionate care. We continue to undergo significant transformation, and our staff and patients are at the heart of delivering this agenda. We are committed to a positive work-life balance for our employees and support flexible working arrangements, balanced against service needs and formal consideration processes.