Head of Financial Accounts

Discipline: Finance

Sector: Healthcare

Location: London

Type: Permanent

Date posted: 11/10/2019

Start: ASAP

Duration: Permanent

Salary: £59,083 - £67,760 per annum*


Formed in 2007, Imperial College Healthcare NHS Trust is one of the largest NHS trusts in the country with over 12,000 staff, a turnover of £1.2bn and net assets in excess of £485m. The Trust provides acute and specialist healthcare in North West London for around 1.2m people every year.

The Trust has five main hospital sites which all have a long track record of success in research and education, as well as influencing clinical practice nationally and worldwide. They also have a growing number of community services and provide private healthcare to increase the funds available for NHS services.

In the face of financial challenges the Trust continues to improve its financial position whilst maintaining and improving service quality. The Trust are also a nominated trust in the Health Infrastructure Plan which will lead to a major redevelopment of all its key sites in the coming years, as well as exciting collaborations with the wider health sector in North and West London.

With a rich heritage and an ambitious vision for the future, Imperial College Healthcare NHS Trust are looking for exceptional talent to join their finance team and make a real difference that will improve the service we provide and in turn deliver excellent patient care.

Head of Financial Accounts Job Description:

The Head of Financial Accounts is a key role in the Finance Directorate, with responsibility for overseeing and managing the financial accounting team of eight colleagues. The role provides expertise in complex technical areas including capital accounting, the application of IFRS and NHS accounting rules, cash-flow forecasting, VAT, and leading the production of the statutory monthly and annual accounts. The role is a key part of the leadership of the financial services function and the wider department.

The key elements of the role include:

  • Delivering high quality accounting services which achieve targets for timeliness accuracy and financial control
  • Maintaining the integrity of the financial systems within the Trust, to develop financial policies and practices as required, and liaise with external and internal audit and counter-fraud
  • Leading the month end process for financial accounts and reporting to external agencies
  • Leading the production of the Trust Annual Accounts and manage the external audit process
  • Overseeing the agreement of balances (AOB) quarterly and annual processes

Head of Financial Accounts Person Specification:

The Head of Financial Accounts role would suit a CCAB qualified accountant with post qualification experience in the public sector, practice or industry. It is essential that this person has knowledge of financial and accounting procedures, financial reporting standards and has proven experience managing month and year end financial processes in a timely and accurate way. This person must also have experience leading, managing and developing teams.

You do not need to have NHS experience to be considered for this role, however, experience working in or auditing large, complex organisations is essential

The Trust’s vales incorporate being KIND, COLLABORATIVE, EXPERT and ASPIRATIONAL. The Trust endeavours to live these values and it is important that this person’s values are inline with these expectations and that they are able to communicate well and work with people at all levels of the organisation.

Head of Financial Accounts Package:

  • Band 8b £59,083 – £67,760* (*inclusive of London weighting)
  • 27 days annual leave + 8 bank holidays (holiday entitlement raises to 33 days with service)
  • Flexible working
  • Annual Recognition Awards
  • Excellent personal development, training and education opportunities
  • Excellent Pension Scheme: 33.1% (at Band 8b level)
  • Health services discounts (retail, holidays, entertainment and restaurants)
  • Car lease scheme and season ticket loan

To find out more information about the organisation, the role and to receive the full job descriptions, please contact Brooke Cooper at Allen Lane on brookecooper@allenlane.co.uk or 0203 056 1390 and visit our dedicated microsite: https://allenlanerecruitment.wixsite.com/imperial-bc

Applications close on SUNDAY 3rd NOVEMBER and interviews will follow shortly after. EARLY APPLICATIONS ARE STRONGLY ENCOURAGED.

Register Interest

33 King Street, St. James’s,
London, SW1Y 6RJ

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