Treasury Team Leader

at  George Eliot Hospital NHS Trust

To support the Treasury Manager in the implementation and reporting of the relevant parts of the Treasury Management Policy and ensure that procedures are adhered to. Responsible for communicating and interpreting information on complex and sometimes sensitive financial issues. Provides advice on financial and corporate issues to non-finance managers. To support the Treasury Manager with the Internal and External Auditors and be responsible for ensuring all working papers are of a high standard.
Ensuring that all relevant audit recommendations in Treasury have been updated. Responsible for the VAT legislation is adhered to by Trusts. This includes: Submission of monthly VAT returns on behalf of Shared Services, Clinical Services and Innovate. Application of VAT as it relates to the NHS.
VAT Partial exemption calculations General Ledger reconciliation of VAT control codes to VAT return Minimising the amount claimed by external VAT advisors on under and over recoveries in relation to invoice transactions. To provide cover and advice for completion of the VAT returns of the other Foundation Group members when/as required. supporting AP with VAT coding at source. Responsible for standardising all VAT Returns & Related Reports that have different VAT rules.
The post holder must ensure procedures are in place to recover and record VAT accurately and to maintain records in accordance with Customs and Excise regulations. Manage the Finance Assistants ensuring the day-to-day provision of a treasury function is complete in a timely manner resolving any anomalies. Undertaken several other agreed control account reconciliations on a timely basis, resolving and clearing reconciling items. Requires and applies expert knowledge and experience of all finance systems and how they integrate e.g., Sales Ledger, cash management and General Ledger.
Interprets and applies this knowledge to ensure the correct functioning of these systems for any transactions in undertaking the control account reconciliations. Analyses complex financial information, providing assistance when required. Creates sometimes complex spreadsheets using advanced spreadsheet skills to provide ad hoc costings/information to managers. Uses other software packages for specific purposes.
The postholder is responsible for ensuring that procedure notes for Cash book, VAT and Controls Team are documented and maintained. To provide finance training to budget holders and internal finance staff on financial services issues

Please refer the Job description for details