Assistant Financial Accountant

Job overview

The postholder will be required to have working knowledge of Finance and Finance systems and actively studying towards an accountancy qualification.

Reporting into the Head of Financial Accounts, the Assistant Financial Accountant will have a range of financial accounting responsibilities, including reconciliation of General Ledger control accounts, assisting with production of VAT, CIS, Income tax, National Insurance and NHS Pension returns, preparing claims for submission to Transport for London Congestion Charges and maintenance of Losses and Special Payments register.

As a key part of the Financial Accounting team, the Assistant Financial Accountant will assist with the production of the statutory accounts and periodic returns in accordance with NHS Improvement, Department of Health and Social Care and HMRC deadlines. They will also produce regular and ad hoc reports as required by the Head of Financial Accounts.

Main duties of the job

• To assist in the production of the monthly, quarterly and annual accounts by completing an assigned portfolio of responsibilities. 2. To assist in producing financial reports, returns to NHS Improvement, Department of Health and Social Care, VAT returns and various monthly and annual statements on a rotational basis as required. 3. To reconcile a specified range of control accounts relating to the Trust’s Statement of Financial Position and ensuring discrepancies are resolved and journals are produced for reconciling items accurately and on a timely basis. 4. To assist in reviewing Income contracts and agree applicable Financial Reporting Standard against each new contract. 5. To co-ordinate interim and year-end stock takes and prepare stock adjustment journals for review. 6. To reconcile and prepare monthly CIS return for review. 7. To reconcile and prepare Congestion Charge reimbursement claims from TFL for review. 8. To ensure that staff payroll deductions on behalf of third parties made via the payroll system are paid over to relevant organisations on a timely basis

Detailed job description and main responsibilities

The full job description provides an overview of the key tasks and responsibilities of the role, and the person specification outlines the qualifications, skills, experience, and knowledge required. For both documents please view the attachment/s below.

Applicant requirements

The postholder will have regular contact with vulnerable people and as such this post is subject to the Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 (Amendment) (England and Wales) Order 2020 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service to check for any previous criminal convictions.