Treasury Team Leader

George Eliot Hospital NHS Trust opened in 1948 and provides a range of elective, non-elective, surgical, medical, women's, children's, diagnostic and therapeutic services to a population of more than 350,000 people.The hub of the Trust is located on the outskirts of Nuneaton and its services cover a large footprint, including north Warwickshire, south west Leicestershire, and north Coventry. We also provide primary and community services across Coventry, Warwickshire and Leicestershire.Our vision is "to EXCEL at patient care" . If you think you've got what it takes, help us realise this and join #TeamEliot.Don't meet every single requirement? Studies have shown that women and people of colour aren't as likely to apply unless they meet every qualification of non specialist roles.We're dedicated to building a diverse, inclusive workplace, so if you're excited about this role and meet our values, but your experience doesn't align perfectly with everything in the Job Description or Person Specification- apply anyway or email the Recruiting Manager to discuss the role furtherWe are proud to support the Armed Forces community. We are a Veteran Aware and Reservist Friendly organisation and welcome applications from Veterans, Reservists, Cadet Instructors, and family members of serving personnel.Job overviewJob Title-Treasury Team LeaderHours per week-37.50Perm/Fixed Term-PermanentSalary-£27,055 - £32,934 per annumClosing Date-01.08.2024Interview Date-06.08.2024To support the Shared Services Treasury Manager to lead the team whilst providing a quality and continually improving Financial Services service to the Foundation Group.Manage the Cashbook, VAT, Reports and controls within the Shared Financial Services, Clinical Services & InnovateThis post may close early due to high numbers of applications so you are advised to apply promptly.All correspondence for this vacancy will be sent by email; please check your account regularly including your Junk and SPAM areas.A great and friendly place to work, so bring your passion, commitment and expertise and enjoy the opportunities to make a difference every day.Careers at George Eliot - 'Where you make a difference'Main duties of the jobTo support the Treasury Manager in providing a quality and continually improving Financial Services service to the Foundation Group. Ensure that current procedure notes are maintained and assist with the creation of SOPs.To deputies for the Treasury Manager as required on Financial Services issues.Support with mid- year and annual appraisals, objectives and review new staff with probation meetings.Adhere to mandatory training.Ensure the team adhere to mandatory training.Investigate any escalation that have been reported by the teams.Keep to the same practices and procedures in line with Shared Services, Clinical Servies and Innovate. Suggest efficient ways processes can be improved. Ensures financial information is processed in accordance with procedures, in order to provide information for statutory returns.Monitor, maintain and implement KPI's.Assist Treasury Manager with tracking performance measures.Working for our organisationHere at George Eliot our vision to 'excel at patient care' takes centre stage. An ever evolving clinically-led acute service provider we are on a journey to continually provide high quality, safe and responsive services delivered by inspiring, friendly and compassionate staff who share our corporate values which underpin everything we do. Our values are not just words on a piece of paper, they bond us together, reflect our ambition and shape who we are:Effective Open Communicationexcellence and safety in everything we doChallenge but supportExpect respect and dignityLocal health that inspires confidenceBenefits: On-site nursery, 27 days minimum annual leave plus bank holidays, cycle to work scheme, flexible working, extensive in-house course learning directory, buying and selling of annual leave, subsidised restaurant, tranquillity garden and generous subsidised on-site parking.Detailed job description and main responsibilitiesTo 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 calculationsGeneral Ledger reconciliation of VAT control codes to VAT returnMinimising 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.Person specificationExperience & KnowledgeEssential criteriaProven work experience in a finance role OR a similar level of knowledge acquired through experienceIn depth specialist knowledge and understanding of financial services and relevant accounting procedures/principlesExperience of co-o-ordinating the work of more junior staff in the section.Desirable criteriaFinancial Services experience in NHSQualifications & Professional TrainingEssential criteriaAAT qualified OR Educated to degree level, plus training for recognised professional financial qualification or a similar level of knowledge acquired through experience.Experience and expertise in a range of accounting areas (e.g., reconciliation and balances, VAT payments and deductions, finance computer systems and ledgers, coding structuresVocational TrainingFinance related training and learning programs/coursesSkills & AbilitiesEssential criteriaExpert user of Financial Systems and databases and ExcelDepth and extent of knowledgeDemonstrable evidence of influencing and persuadingHighly numerate and analyticalExcellent verbal reasoningGood report writing skillsUnderstanding of current NHS structures and key policies especially IFRS and Foundation TrustsKnowledge of acute hospital environmentAbility to lead and motivate staff.Analyses financial data. Analyses, investigates and resolves financial queries and discrepancies/ complex financial queries and discrepanciesMicrosoft S Access skills.Able to plan and prioritise workload effectively, to ensure weekly, monthly, quarterly, and annual financial timetables are met.Ability to deliver finance training to non-finance managers.Personal QualitiesEssential criteriaCommitted to Continuing Professional DevelopmentCommands credibility and respect from operational managers and colleaguesAble to concentrate and work under pressure.Professional and reputation for integrityFlexible and supportive work colleagueCommercially astute.OtherEssential criteriaKnowledge and understanding of equal opportunitiesAble to travel between sites.Please note:George Eliot Hospital NHS Trust utilises a third party recruitment system (TRAC). When applying via NHS Jobs, your submitted application will be imported into TRAC where all subsequent information regarding your application will be generated. You will not be able to track the progress of your application or receive messages via the NHS Jobs website. Furthermore, as an employer, we will not be able to respond to any emails/messages sent to us via the NHS Jobs website.By applying for this post you are consenting to George Eliot Hospital NHS Trust transferring the information contained in this application to its preferred applicant management system, TRAC.The Job application data you provide will be used to assess your application for employment at GEH, to verify your information and conduct reference checks, and to communicate with you. If you accept employment with GEH, the information collected will become part of your employment record and will be used for employment purposes.All information provided will be used for recruitment purposes only and processed in a lawful, fair and transparent manner.Other:The Trust is committed to safeguarding and promoting the welfare of individuals and expects all staff and volunteers to share this commitment. As part of our safe recruitment practice, if appropriate for the role, it is a mandatory requirement for all newly appointed staff to complete a Disclosure and Barring Service application.In response to NICE guidance and to support the reduction of health harm from tobacco, the Trust has a smoke-free site policy which applies to anyone on Trust sites. Staff who smoke will be supported to quit or not smoke whilst on Trust sites.George Eliot Hospital NHS Trust is committed to creating and sustaining a positive and inclusive working environment for all our employees as they are at the heart of our patients journey. Our aim is to ensure that employees are equally valued, respected, empowered and included within an organisation that is representative of all members of the community. We define diversity as valuing everyone as an individual - taking pride in that we value employees, job applicants, students, volunteers, patients and visitors as people. This is reflected within our excel behaviours with a vision to create a workplace that represents a culture of kindness, joy and inclusion.Employer certification / accreditation badgesDocuments to downloadJob Description ( PDF , 456.4 KB )Person Specification ( PDF , 264.6 KB )Functional Requirement Form ( PDF , 648.5 KB )Functional Requirements ( PDF , 620.0 KB ) #J-18808-Ljbffr