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Deputy Financial Controller

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Barts Health NHS Trust

1mo ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Healthcare
  • London
  • 15min left

AI generated summary

  • You will manage a team to ensure accurate capital accounting, support financial reporting, maintain the Capital Asset Register, and advise on lease agreements and IFRS compliance.
  • You will manage accountants, oversee capital accounts, ensure accurate reporting, maintain the Capital Asset Register, and support financial audits and compliance with IFRS on lease agreements.

Requirements

  • The post holder will support the Associate Director of Finance – financial services to deliver all aspects of the service area capital accounts.
  • He/she will manage a team of accountants to provide day to day support in all aspects of the service area’s performance whilst maintaining an excellent team ethic.
  • Through a team of accountants, the post holder is required to manage the delivery of accurate and timely monthly reconciliation of all control accounts which feed into the Trust’s position for internal and external corporate reporting.
  • There will be a requirement to support the reported position with an analytical review and to influence actions based upon these findings.
  • The post holder will act as the lead in managing and reporting on the fixed asset position of the Trust.
  • Maintenance of the Capital Asset Register ensuring that the register reflects the assets of the trust and organising revaluation exercises as required by the DHSC.
  • They will deputise for the Head of Corporate Accounts (HoCA) in his or her absence, and attend review meetings with our external NHS financial services client.
  • Provide leadership and support to the financial accounts team and to liaise with other finance teams to ensure the reported financial position is accurate, and that the team delivers a first-class service in every service area.
  • The post holder will support the monthly and year-end production of national performance returns and statutory accounts.
  • Supporting the Head of Corporate Accounts with the requirement in the completion of the Trust’s Annual Accounts, ensuring that accurate and detailed working papers are maintained for audit.
  • This post will be primarily responsible for the capital accounting of the Trust, including accounting for the PFI arrangement and finance leases.
  • Advise on the status of lease agreements, interpreting the IFRS requirements, and ensuring the lease definition are appropriate.

Responsibilities

  • The post holder will support the Associate Director of Finance – financial services to deliver all aspects of the service area capital accounts.
  • He/she will manage a team of accountants to provide day to day support in all aspects of the service area’s performance whilst maintaining an excellent team ethic.
  • Through a team of accountants, the post holder is required to manage the delivery of accurate and timely monthly reconciliation of all control accounts which feed into the Trust’s position for internal and external corporate reporting.
  • There will be a requirement to support the reported position with an analytical review and to influence actions based upon these findings.
  • The post holder will act as the lead in managing and reporting on the fixed asset position of the Trust.
  • Maintenance of the Capital Asset Register ensuring that the register reflects the assets of the trust and organising revaluation exercises as required by the DHSC.
  • They will deputise for the Head of Corporate Accounts (HoCA) in his or her absence, and attend review meetings with our external NHS financial services client.
  • Provide leadership and support to the financial accounts team and to liaise with other finance teams to ensure the reported financial position is accurate, and that the team delivers a first-class service in every service area.
  • The post holder will support the monthly and year-end production of national performance returns and statutory accounts.
  • Supporting the Head of Corporate Accounts with the requirement in the completion of the Trust’s Annual Accounts, ensuring that accurate and detailed working papers are maintained for audit.
  • This post will be primarily responsible for the capital accounting of the Trust, including accounting for the PFI arrangement and finance leases.
  • Advise on the status of lease agreements, interpreting the IFRS requirements, and ensuring the lease definition are appropriate.

FAQs

What is the primary responsibility of the Deputy Financial Controller?

The primary responsibility of the Deputy Financial Controller is to manage the delivery of accurate and timely monthly reconciliation of all control accounts and oversee the capital accounting of the Trust, including managing the fixed asset position and the Capital Asset Register.

Will the Deputy Financial Controller need to manage a team?

Yes, the Deputy Financial Controller will manage a team of accountants, providing day-to-day support in all aspects of the service area’s performance.

What kind of reports will the Deputy Financial Controller be involved in?

The Deputy Financial Controller will support the monthly and year-end production of national performance returns, statutory accounts, and will ensure detailed working papers are maintained for audit purposes.

Will the Deputy Financial Controller need to liaise with external clients?

Yes, the Deputy Financial Controller will attend review meetings with the Trust’s external NHS financial services client and may deputize for the Head of Corporate Accounts in their absence.

What qualifications or experience are preferred for this role?

While specific qualifications are not mentioned in the job description, candidates are typically expected to have relevant financial management experience, accounting qualifications, and familiarity with NHS financial reporting requirements.

Can I contact someone for more information about the job?

Yes, for further details or informal visits, you can contact Bosede Babalola, the Head of Corporate Accounts, at the email address b.babalola@nhs.net.

What are the values that Barts Health promotes?

Barts Health promotes WeCare values and behaviors, emphasizing inclusion, compassion, and excellence in healthcare delivery, ensuring every staff member has a sense of belonging.

Is there a focus on diversity and inclusion in hiring for this position?

Yes, Barts Health particularly welcomes applications from Black, Asian, and minority ethnic candidates as they are underrepresented within the organization at this band.

What are the interview dates for this position?

The interview dates for this position are June 18th and June 20th, 2025.

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Barts Health NHS Trust

Shape your story at Barts Health NHS Trust

Science & Healthcare
Industry
10,001+
Employees
2012
Founded Year

Mission & Purpose

Barts Health NHS Trust operates several major hospitals in East London, providing comprehensive healthcare services including emergency care, surgery, and specialist treatments. Their ultimate mission is to deliver high-quality, patient-centered care and improve health outcomes for the community they serve. Their purpose is to ensure that every patient receives the best possible treatment and support, fostering health and well-being across the diverse populations in their care.