Accountancy OfficerinNewcastle upon TyneinNewcastle upon TynePUBLISHED THU 12 DEC 2024

If you have strong knowledge and experience in finance, financial transactions, and accounts, along with excellent communication skills, and are eager to contribute to the growth and development of our treasury function, the NHS Business Services Authority (NHSBSA) has an exciting opportunity for you! We are seeking an Accountancy Officer to join our Treasury Management Team in Newcastle.

What do we offer?

• Hybrid working - offering flexibility to work predominantly from home with the opportunity to be office based should you prefer, or if business needs require it.
• 27 days leave (increasing with length of service) plus 8 bank holidays.
• Opportunities for development
• Active wellbeing and inclusion networks
• Excellent pension
• Various salary sacrifice schemes
• Employee Assistance programme, offering free 24/7 support for you and your loved ones
• Access to a wide range of benefits and high street and online discounts

This role encompasses a range of responsibilities, including processing all payments on behalf of the NHSBSA and it's customers, reconciling account income and expenditure, and monitoring and managing bank accounts.

The successful candidate will ensure the accuracy and timely delivery of outputs, adhere to agreed schedules, use independent judgement, and make routine decisions as required.

We are seeking a dedicated individual with the following attributes:

A solid understanding of relevant legislation and statutory requirements.Exceptional communication skills and the ability to collaborate effectively within a team to achieve objectives under tight deadlines.An open, constructive, and professional approach to challenges, with the ability to encourage others to do the same.Self-motivation, strong organisational skills, approachability, diplomacy, conscientiousness, and a customer-focused mindset.Proficiency in Microsoft Office, particularly Access, Excel, and Word.Strong numeracy, analytical, and problem-solving skills.

About us

In this role, you are accountable for

1. Monitoring and reconciliation of the NHSBSA and hosted/shared service clients balance sheet control accounts.
2. Monitoring and managing the NHSBSA and hosted/shared clients bank balances including inter account transfers, ensuring balances retained overnight in commercial bank accounts are within the Department of Health and Social Cares rules.
3. Processing of all NHSBSA and hosted/shared clients payments electronically using BACS, CHAPS or faster payments as appropriate. Using expert judgement when determining payment method whilst being sensitive to the nature of the payment. Ensuring the clearance of returned payments and other miscellaneous cash receipts.
4. Uploading files to third party websites in relation to the Pharmacy Early Payment Scheme in a secure manner to an agreed payment deadline.
5. Instigating payment recalls as and when required, ensuring funds are returned in a timely manner.
6. Posting of all income to the ledger and monthly bank reconciliations, ensuring receipts are matched against invoices; identifying and resolving errors, discrepancies and unidentified income.
7. Assisting with the preparation of the NHSBSAs and hosted/shared clients statutory accounts.
8. Assist in the monthly and annual provision of information on pharmaceutical spend to management, the DHSC or NHS England as required.
9. Liaison with internal and external auditors on treasury management and annual accounts queries.
10. Maintaining year end working papers ensuring they are produced to a high standard and in line with external audit guidelines.
11. Assist with the maintenance of the general ledger through routine monitoring and the posting of journals using specialist knowledge of accounting with the NHS.
12. Suggest changes to policy, procedures and processes and implement improvements within the Accounts Receivable and Treasury Management Team.
13. To participate and represent the team at business wide projects, contributing to service developments and growth, when necessary.
14. Develop knowledge of Standing Financial Instructions, Standing Orders, and relevant business/work plans.
15. Responsible for achieving ones own objectives and be aware of their development requirements to meet these objectives, seeking opportunities to achieve these.