Head of Financial Reporting (Developmental Post)

Royal Free London NHS Foundation Trust; Enfield; On-site; GBP 51,000 - 67,000; Full time

Job summary

Join a forward-thinking NHS Trust as the Head of Financial Reporting. This role offers an exciting opportunity to lead the preparation of the Trust's Annual Accounts and work closely with finance teams while pursuing a professional accounting qualification. With a commitment to innovation and patient care, the Trust provides a supportive environment for career development, offering flexible working arrangements and generous benefits. If you are passionate about financial reporting and eager to make a difference in a dynamic healthcare setting, this position is perfect for you.

Benefits

Flexible working

Generous benefits

Next level training

Qualifications

• Professional qualification in accountancy (CIMA, ACA, CIPFA, ACCA) required.
• Degree and relevant post qualification experience preferred.

Responsibilities

• Lead the preparation of the Trust’s Group Annual Accounts.
• Coordinate financial year-end closure process with all finance sections.

Skills

Analytical skills

Excellent communication

Financial analysis

Deadline management

Process improvement

Training and coaching

Education

Professional qualification (CCAB)

Degree

Tools

Excel

Access

Microsoft Word

Job description

Our current vacancies

If you want to be part of the Royal Free London team, search our current vacancies below to find the job for you.

Head of Financial Reporting (Developmental Post)

Band 7 / 8a

Main area Finance Grade Band 7 / 8a Contract Permanent Hours

• Full time
• Flexible working

37.5 hours per week Job ref 391-RFL-12963531

Site Enfield Civic Centre Town Enfield Salary £51,883 - £66,239 per annum, inclusive of HCAS Salary period Yearly Closing 13/02/2025 23:59

Our trust has over 17,000 staff serving 2 million patients every year. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital and more than 30 services in the community. This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.

Developmental Post - permanent appointment subject to successful completion of a professional accounting qualification and achieving related objectives and competencies.

The Finance team has a unique opportunity for someone who has a genuine enthusiasm for Financial Reporting.

This is a newly established post with the opportunity to support the Finance team while gaining a professional accounting qualification.

Main duties of the job

In conjunction with the Head of Financial Services and Assistant Director of Finance – Financial Control, lead the preparation of the Trust’s Group Annual Accounts including PFRs/TACs in accordance with IFRS and Department of Health & Social Care’s (DHSC) Annual Group Accounting Manual.

Interpret guidance from NHS England & Improvement, DHSC and general accounting standards in order to update Finance and Processing staff on changes which may affect their year-end close down and in order to complete the statutory annual accounts in accordance with guidance issued by the DHSC and NHS England & Improvement.

Prepare the Trust’s Annual Accounts timetable and co-ordinate the financial year end closure process with all finance sections and other departments to ensure DHSC submission deadlines are met.

To liaise with and provide documentation and high quality audit working papers to External Auditors to support the information contained in the Annual Accounts and notes drafted in accordance with DHSC Group Accounting Manual, NHS England & Improvement guidance and relevant accounting standards.

Working for our organisation

The Royal Free London NHS Foundation Trust is one of the UK’s biggest and most innovative trusts. Across three main hospitals, our dedicated army of staff care for over 1.6 million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17 million tests.

Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top.

Detailed job description and main responsibilities

Please see attached Job Description and Person Specification for further details of the post and visit our website to find out about working in Royal Free.

Person specification

Royal Free World Class Values

• Demonstrable ability to meet the Trust Values.

Education & Qualifications

• Professional qualification (CCAB) in accountancy (CIMA, ACA, CIPFA, ACCA).
• Evidence of having kept technically up to date since qualification.
• Degree.
• First time passes in professional examinations.
• Attendance at an Accounting for Foundation Trusts course.

Experience

• Relevant post qualification experience or significant management accounting or equivalent experience in a similar organisation.

Skills

• Analytical skills with the ability to communicate clearly the results of such analysis.
• Excellent communicator both verbally and in writing.
• Ability to present and explain financial information in a manner that can easily be understood by non-finance managers.
• Ability to make use of systems (e.g. Excel, Access, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems.
• Record of delivering to tight deadlines.
• Record of improving processes and reporting in previous roles.
• Record of influencing staff, colleagues and budget holders to achieve positive outcomes.
• Record of analysing areas of work to identify and implement improvements.
• Record of successfully training and coaching staff.

Getting vaccinated, and getting a booster, remains the best defence against COVID-19. We encourage and support staff to get COVID-19 vaccine and a booster dose as and when they are eligible.

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