Senior Finance Officer - Losses

at  Cwm Taf Morgannwg University Health Board

Now is a great time to join the Finance Department in Cwm Taf Morgannwg University Health Board. We currently have an opportunity for an enthusiastic and highly motivated individual to join the team as a Senior Finance Officer in the Financial Accounting team.
The post holder will be responsible for all processes on the recording and accounting for losses in line with accounting standards, Manual of Accounts and Control Procedures, and for the management of the Losses and Special Payments Register (LASPAR) system (any system recording of Losses and Special Payments).
They will ensure accurate calculation of provisions for claims, costs, defence fees and Risk Pool reimbursement arising from legal advisors’ quantums; all payments/receipts made against such provisions and the reconciliation of those provisions, payments and receipts to the General Ledger.
The post holder will assist in the completion of all losses notes within the Annual Accounts and subsidiary statements, and quarterly losses reports to the Audit Committee, and liaise with Audit losses issues.
The post holder will ensure all required Welsh Risk Pool Returns are submitted in the required format and within strict deadlines, and support the Claims team in ensuring all Redress payments are captured and submitted for reimbursement in from Welsh Government.
They will provide ad hoc support for the work of other members of the Financial Accounting Team as required, and deputise during the absence of the Financial Accountant on all aspects of that post pertaining to losses, appropriate to the grade.
Cwm Taf Morgannwg University Health Board is part of the NHS Wales family. Our Health Board provides primary, secondary and community health and wellbeing services to around 450,000 people living in three County Boroughs: Bridgend, Merthyr Tydfil, and Rhondda Cynon Taf.

WE LIVE BY OUR CORE VALUES:

We listen, learn and improve
We treat everyone with respect
We all work together as one team
We are a proud local employer; around 80% of our 15000 workforce live within our region, making our staff not only our lifeblood of our organisation but of the diverse communities that we serve.
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click “Apply now” to view in Trac

Please refer the Job description for details