Job Purpose: The post holder will support the Chief Finance Officer in the efficient day to day running of the finance department. Duties will include ensuring that Medicus Health Partners has sound and effective financial systems which enable it to achieve its business objectives while providing high quality care to patients. Key Responsibilities: The Senior Assistant Accountant will support the Chief Finance Officer in ensuring that the Finance Department provides high quality financial accounting, budgeting and reporting services in support of the Partnerships business objectives. Specific responsibilities will include those set out below, working closely with and as directed by the Chief Finance Officer.
Initially the primary focus of the role will be to support the Chief Finance Officer in taking forward the development of the organisations financial management functions as set out in section 1) below: - 1) Financial Systems, Monitoring, Reporting and Forecasting Assist with the preparation of the annual budgets in respect of Medical Health Partners, Medicus Health Partners Ltd and Enfield Unity Primary Care Network for approval by the respective Boards, and the uploaded to the financial ledger (Xero) in accordance with the agreed financial reporting timetable. Ensure that all financial transactions are properly and accurately recorded in the financial ledger in accordance with the relevant financial procedures and timetables, paying particular attention to the nominal and departmental coding structure. In accordance with the agreed financial timetable to produce monthly income and expenditure and balance sheet reports for submission for the Chief Finance Officer as the basis of monthly reporting to the Board(s). Undertake financial forecasting and modelling as required in support of the development of the organisations financial strategy Undertake financial analysis arising from monthly reports as required in order to interpret key monthly variances.
This will involve reconciliations of the balance sheet with extra attention and backing to be provided for accruals and prepayments. Monthly reconciliation of Partnership capital and fixed asset accounts Assist the Chief Finance Officer in the production of the annual financial accounts for each of the three organisations, including liaison with the external accountants as required. Assist the Chief Finance Officer in the production of the annual financial accounts for each of the three organisations, including liaison with the external accountants as required. 2) Income Ensure that all income due from commissioners is received and that all debtor invoices for services provided are raised in accordance with agreed timetables Take responsibility for the effective management of patient fees income received by practices and the resolution of any issues preventing payment.
Prepare monthly report of all outstanding debtors for review by the Chief Finance Officer 3) Purchases and Payments To oversee the purchase ledger function, ensuring that processes and procedures are fit for purpose and implemented accordingly. Identify and investigate reasons why a supplier has not invoiced and upkeep of the direct debit and standing order checklists. Ensure all invoices for payment are properly authorised in accordance with financial procedures. To prepare and process weekly payments runs ensuring all controls are adhered to.
Prepare monthly report of all outstanding creditors for review by Chief Finance Officer. 4) Cash Prepare monthly bank reconciliations for all current and deposit accounts for approval by Chief Finance Officer. Post the bank receipts on Xero on a daily basis. Monitor bank balances on a daily basis via on-line banking facility and compare with forecast position bringing any significant variances to the attention of the Chief Finance Officer.
5) Other To be proactive in implementing system and process change to ensure efficiencies are improved in accounts payable, accounts receivable, cash management and monthly reporting. Support the Chief Finance Officer in the production of business cases and associated option appraisals as required. Other duties from time to time as delegated. Person Specification The post holder should be a highly motivated individual with a good work ethic who pays particular attention to detail and has strong communications skills.
The applicant must be able to evidence working in a finance department. Essential GSCE Grade C or higher in English and Maths, or equivalent and a minimum of 2 A Level passes Minimum of 3 years experience working in a finance team Excellent inter-personal skills to ensure effective working relationships both within the finance team and the wider organisations Highly organised with the ability to manage conflicting and changing priorities Experience of dealing with customers and suppliers Intermediate knowledge of Excel and a proficient IT user Desirable Experience of Xero system Actively pursuing a recognised accountancy qualificatio

Please refer the Job description for details