
Job overview
Capital Analyst
Department: Finance
Band: 6
Hours: 37.5
We are seeking a motivated and detail-oriented Capital Analyst to join our Finance team. This role is ideal for someone with a strong interest in capital accounting within the NHS, who is looking to develop their skills in a supportive environment.
Key Responsibilities
- - To ensure that the integrity of the capital and lease asset registers is maintained and to support the Senior Capital Accountant in meeting NHSE and DHSC requests for interim, year end and other accounts submissions. To ensure that the progress of capital projects is monitored accurately, and the provision of robust, accurate reports to the relevant parties is received within the agreed deadlines.
What We’re Looking For
- - Workings towards a relevant finance qualification (e.g. ACCA, CIMA) - Experience in a finance or accounting environment, ideally within the NHS or public sector. - Good working knowledge of Excel and financial systems. - Strong attention to detail and organisational skills. - A team player with good communication skills and a willingness to learn.
You’ll be part of a friendly and experienced team, with opportunities for development and progression. This role offers a valuable insight into capital accounting within the NHS and the chance to contribute to meaningful financial stewardship that supports patient care.
We are unable to offer sponsorship for this role
Interview date: 03.08.2026
Main duties of the job
We care We communicate We collaborate We contribute
NHS Survey, 2024, They feel supported in their employers making reasonable adjustments to help them carry out their work, rating an 82.9%
To provide the capital and lease accounting required to ensure that the trust accurately records its capital assets and adheres to capital accounting policies outlined under IFRS and by NHSIE and the Department of Health. To provide capital accounting and support the Senior Capital Accountant in meeting, NHSE and DHSC requests for interim and year end accounts submissions.
Detailed job description and main responsibilities
- Responsible for the timely and accurate production of monthly and annual capital accounts and reporting.
- Responsible for planning and coordinating own workload to ensure monthly accounts are produced within agreed deadlines.
- Prepare and maintain capital accounting guidance and procedure notes in accordance with Standing Financial Instructions (SFIs) and departmental requirements.
Fixed Asset Register
- Maintain the Trust's fixed asset register (RAM), ensuring completeness, accuracy and integrity. This involves analysing complex data.
- Ensure financial and capital transactions are accurately recorded and reconciled between the fixed asset register and general ledger. Investigating and resolving discrepancies within agreed timescales.
Fixed Asset Accounting
- Capitalise assets onto the fixed asset register in accordance with Trust policies and accounting standards.
- Process monthly depreciation, amortisation and accruals in accordance with Trust policy.
- Process accounting entries relating to fixed asset disposals.
- Undertake asset revaluations in accordance with Trust policy.
Capital Monitoring
- Monitor the financial progress of capital projects, including commitments, purchase orders and expenditure against the approved capital plan.
- Produce monthly capital monitoring reports for the Capital Control Group, Trust Board and external bodies as required.
Lease Accounting
- Maintain the Trust's lease register and ensure the accuracy and completeness of lease accounting records.
- Ensure lease transactions are correctly reflected within the financial statements and fixed asset records.
Forecasting
- Assist in the preparation of capital budget statements for budget holders.
Business Cases
- Provide financial input to support the development and evaluation of business cases.
- Review proposed expenditure to ensure compliance with capitalisation criteria and accounting standards.
- To provide scheme managers and other non-finance staff with advice and guidance in respect of capital ordering processes and capital accounting requirements. Please refer to the job description for further details.
Person specification
Skills
Essential
- Excellent planning and Organisational skills with ability to work to tight deadlines, under pressure, agreeing priorities where necessary.
- Ability to work without direct supervision and direction whilst adhering to Trust Policies and guidelines.
- Ability to communicate (both written & verbal) with people at all levels from within the organisation or external to it, both financial and non-financial.
- Able to interpret guidelines and implement appropriate changes to working practices.
- Ability to analyse and interpret financial data and prepare financial summaries.
- Change management skills
Desirable
- Able to demonstrate attention to detail.
- Experience of presenting financial data to other people
Experience
Essential
- Detail knowledge and understanding of accounting procedures, bookkeeping, and financial systems.
- Experience of accounting for capital transactions
- Experience of working with and manipulating large volumes of data.
- Working knowledge of Microsoft Office IT packages including Excel and Word
- Experience of working within finance controls and procedures.
- Experienced user of computerised Financial and capital accounting and reporting systems, in particular RAM, Oracle R12 and Business Intelligence
- Experience of working to tight deadlines and under pressure.
Desirable
- Experience of working in an NHS organisation.
Communication
Essential
- Excellent communication skills, both verbal and written
- Evidence of personal insight, and willingness to learn and change personal style/approach as appropriate.
Specific requirements
Essential
- Able to perform the duties of the post with reasonable aids and adaptations
Qualifications and knowledge
Essential
- Good basic education to A-level standard (including GCSE Maths and English).
- Experience of working within a finance role in a large organisation.
- AAT technician level or equivalent qualification or experience.
Desirable
- Working towards Professional CCAB Accountancy qualification
Personal and people development
Essential
- High personal standard of conduct and behaviour and ability to act as a role model encouraging others to value and respect staff and stakeholders and holds others to account for this
Desirable
- Evidence of Continuous Professional Development
- Builds and develops multidisciplinary teams and maintains constructive working relationships at all levels and disciplines.
WhatsApp job alerts
Get instant WhatsApp alerts for Band 6 Medical Secretary roles in Milton Keynes
Create your Job Clerk account first. We'll collect your alert preferences during onboarding and help you turn on WhatsApp notifications for matching healthcare roles.
Applying for this NHS job
This advert is for Capital Analyst with Milton Keynes University Hospital NHS Foundation Trust in Milton Keynes, East of England, England. It is listed as a Band 6 Administrative and IT role. The advertised salary is £39,959 - £48,117 Per annum. The contract type is Permanent. The application deadline is 22 Jul 2026.
Before you apply, compare the job description with the person specification and mirror the employer's essential criteria in your supporting information. Use the vacancy title, employer, location, salary, contract type, closing date and posted date (08 Jul 2026) to decide whether this role fits your current NHS job search. If the employer can close applications early, prepare the application before the stated deadline rather than waiting for the final day.
For more context, review related Job Clerk pages for the same profession, band or location where they exist, then use the application-support guides to tailor your statement and prepare for interview.
