Head of Accounts Receivable

Sheffield Teaching Hospitals NHS Foundation Trust; Sheffield; On-site; GBP 42,000 - 56,000; Full time

Job summary

The Sheffield Teaching Hospitals NHS Foundation Trust is seeking a senior manager to oversee the Accounts Receivable and Cashiering function, aligning billing policies with trust income, and driving timely cash collection.

You will lead debt recovery, manage credit risk, provide specialist advice on Overseas Visitors and Private Patients, and deliver accurate management information for clinical and corporate directorates. This role emphasises sound financial stewardship and governance adherence.

Responsibilities

• Manage Accounts Receivable and Cashiering functions for the Trust.
• Lead the monthly targets for debt cash collection and aged debt levels.
• Oversee credit risk management and policies to minimise bad debts.
• Provide technical advice on Overseas Visitors, Private Patients and Category II Fee income.
• Deliver centralised credit control, billing and debt collection for clinical and corporate directorates.

Job description

To manage the whole Accounts Receivable and Cashiering function of the Trust and work as a senior member of the Finance Team.

To ensure that policies and procedures are in place for the effective, timely and accurate billing of Trust income.

To promote and maximise the use of Automated Cash Receipting ensuring that (for relevant services) where monies are due to the Trust they are collected before the goods or service are provided.

To set monthly targets on debt cash collection levels and aged debt levels and ensure that the Accounts Receivable team achieves these targets.

To be responsible for the effective management of credit risk and ensure policies and procedures are in place to minimise loss of income from bad or doubtful debts.

To provide technical expertise and advice in relation to Overseas Visitors, Private Patients and Category II Fee income.

To provide Accounts Receivable and Cashiering support and advice to Clinical and Corporate Directorates as necessary.

To provide a centralised credit control, billing, and debt collection function for the Trust.

To provide centralised resources to Clinical Departments for the capture and assessment of all potential income relating to Overseas Visitors, Private Patients and Category II Fees.

To ensure the effective production of accurate and timely Sales invoices, with appropriate credit terms, relating to all the services provided by the Trust.

To ensure the prompt collection of all outstanding monies on the Sales Ledger, minimise the Trust’s exposure to bad debts, and lead Trust’s debt recovery processes.

To provide an onsite cashiering facility for patients and staff, focused upon the highest standards of customer care, professionalism and objectivity.

To ensure sound financial stewardship and probity over the assets and liabilities of the Trust by ensuring adherence to the relevant minimum standards as specified in the Annual Governance Statement and relevant internal and external audit standards.

To provide financial management information on the Trusts outstanding debt.

To provide credit advice on new, or existing, areas of Trust income.

You will be working for an organisation which values and respects all of its staff and the community it serves. The Trust is a leader in the NHS and research sectors and provides excellent benefits for its employees. This includes commitments to professional development but also many policies to support employees in balancing their personal and professional lives.

For further details / informal visits contact: Name: Preeya Wordsworth Job title: Head of Financial Services Email address: [e-mail] Telephone number: 0114 226 9232