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Deputy Head of Financial Services

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
    Business, Operations & Strategy

AI generated summary

  • You must be a qualified accountant with experience, strong communication skills, ability to interpret complex information, and expertise in financial accounting, VAT compliance, and audit support.
  • You will manage the Financial Services team, ensure compliance, prepare statutory accounts, liaise with stakeholders, support audits, and provide financial advice while fostering a positive culture.

Requirements

  • As a highly motivated qualified accountant with significant experience, the post holder will work as part of a supportive, dynamic and efficient team.
  • The post holder will be confident in liaising with multiple stakeholders, have excellent communication skills and be able to use their initiative to solve problems.
  • Using their professional accounting knowledge they will be able to ensure technical and statutory accounting support and advice is provided to Finance Services and Trust staff.
  • Comfortable interpreting complex information, data and guidance, the post holder will embed key deliverables within the team and continue to improve upon the supportive and approachable culture already within the Financial Services team.
  • The post holder will use professional skills and experience to manage and support the Financial Accounting, Accounts Receivable, Accounts Payable, Cash, Capital, Control and Charity functions and their team to deliver objectives.
  • The post holder will be required to collate the monthly board and committees reporting packs together with monthly external reporting requirements including liaising with NHS Improvement, the Department of Health and other agencies as appropriate.
  • Experience in the preparation of accurate Statutory Annual Accounts (including Charitable Funds) and detailed working papers to the timetable laid down by the Department of Health and Social Care (DHSC).
  • The post holder will liaise with the Trusts VAT advisor's, ensuring VAT is recovered efficiently and that claims are submitted to HMRC within their deadlines.
  • Ensure staff are fully updated and aware of the current VAT guidelines.
  • They will support and facilitate internal and external audits and ensure compliance with any recommendations.
  • Using experience already gained in a similar role they will support in the delivery of key targets across the Financial Services function.
  • Including working closer with their counter part in financial Management to ensure a collaborative approach to tasks.
  • The post holder will be responsible for the provision of advice and information, interpretation of policy, implementation of changes and the management of all aspects of the Trust’s Financial Services function.

Responsibilities

  • The post holder will be directly responsible for the management and performance of the Financial Services department (8.0 WTE).
  • They will promote a positive finance staff development culture and ensure compliance with national and Trust strategies.
  • The post holder will be confident in liaising with multiple stakeholders and have excellent communication skills.
  • They will use their initiative to solve problems.
  • Using their professional accounting knowledge they will ensure technical and statutory accounting support and advice is provided to Finance Services and Trust staff.
  • Comfortable interpreting complex information, data and guidance, the post holder will embed key deliverables within the team and continue to improve the supportive and approachable culture within the Financial Services team.
  • The post holder will use professional skills and experience to manage and support the Financial Accounting, Accounts Receivable, Accounts Payable, Cash, Capital, Control and Charity functions and their team to deliver objectives.
  • The post holder will be required to collate the monthly board and committees reporting packs together with monthly external reporting requirements including liaising with NHS Improvement, the Department of Health and other agencies as appropriate.
  • Experience in the preparation of accurate Statutory Annual Accounts (including Charitable Funds) and detailed working papers to the timetable laid down by the Department of Health and Social Care (DHSC) is necessary.
  • The post holder will liaise with the Trust’s VAT advisors, ensuring VAT is recovered efficiently and that claims are submitted to HMRC within their deadlines.
  • They will ensure staff are fully updated and aware of the current VAT guidelines.
  • They will support and facilitate internal and external audits and ensure compliance with any recommendations.
  • Using experience already gained in a similar role they will support in the delivery of key targets across the Financial Services function.
  • The post holder will work closer with their counterpart in financial management to ensure a collaborative approach to tasks.
  • They will be responsible for the provision of advice and information, interpretation of policy, implementation of changes and the management of all aspects of the Trust’s Financial Services function.

FAQs

What qualifications are required for the Deputy Head of Financial Services position?

The position requires a qualified accountant with significant experience in financial management.

What is the size of the Financial Services department that the Deputy Head will manage?

The Deputy Head will be responsible for managing a Financial Services department consisting of 8.0 WTE (Whole Time Equivalents).

What key functions will the Deputy Head oversee?

The Deputy Head will manage the Financial Accounting, Accounts Receivable, Accounts Payable, Cash, Capital, Control, and Charity functions.

Will the Deputy Head be involved in external stakeholder communication?

Yes, the Deputy Head will liaise with multiple stakeholders including NHS Improvement, the Department of Health, and other agencies.

What kind of reporting will the Deputy Head be responsible for?

The Deputy Head will collate monthly board and committees reporting packs along with external reporting requirements.

Is experience in preparing Statutory Annual Accounts necessary for this role?

Yes, experience in the preparation of accurate Statutory Annual Accounts, including Charitable Funds, is required.

Will the Deputy Head need to support audits?

Yes, the Deputy Head will facilitate internal and external audits and ensure compliance with any recommendations.

Does the Trust have a focus on staff development and training?

Yes, the Trust is fully committed to training and development of the workforce with support for continuing education and learning.

What is the Trust's approach to staff well-being?

The Trust supports staff well-being through regular updates, monthly well-being meetings, 1:1s, and annual appraisals including personal development plans.

Can the Deputy Head expect a collaborative working environment?

Yes, the Deputy Head will work closely with counterparts in Financial Management to ensure a collaborative approach to tasks.

We're a specialist NHS hospital providing life-changing reconstructive surgery, burns care and rehabilitation services

Science & Healthcare
Industry
501-1000
Employees
1930
Founded Year

Mission & Purpose

Queen Victoria Hospital NHS Foundation Trust offers specialized healthcare services, including plastic surgery, orthopedics, and burns treatment. Their mission is to provide outstanding care, support, and innovation to improve patient outcomes and well-being. They are dedicated to delivering high-quality, compassionate services and advancing medical practice through research and education.