About this role
Job summary
This post is one of the Head of working capital role in our Financial Accounts Team, that play a key tactical position to support Lewisham and Greenwich NHS Trust to respond appropriately to a dynamic and complex financial environment. The post holder will report to a Head of Financial account, working as part of a wider dynamic team in delivering an effective working capital service supporting finances and staff across our divisions.
Main duties of the job
The post holder serves as the Trust's subject matter expert on liquidity and cash flow management.
They are responsible for overseeing all aspects of working capital on a day-to-day basis, ensuring that robust systems and controls are in place to monitor, report on, and safeguard the Trust's liquidity position. This is critical to ensuring that the Trust consistently has sufficient funding to meet its financial commitments.
The post holder manages a department covering Accounts Payable, Accounts Receivable, Cash Management, and Overseas Visitors. They provide leadership in developing and enhancing systems and processes across these functions to ensure they are fit for purpose and fully compliant with Trust policies and regulations.
Outputs from this department contribute directly to the Trust's financial management reporting, including performance reporting, the Annual Accounts, and statutory and central returns.
About us
Our people are our greatest asset. When we feel supported and happy at work, this positivity reaches those very people we are here for, the patients. Engaged employees perform at their best and our Equality, Diversity & Inclusion (EDI) initiatives contribute to cultivate a culture of engagement. We have four staff networks, a corporate EDI Team and a suite of programmes and events which aim to insert the 5 aspirations:
Improving representation at senior levels of staff with disabilities, from black, Asian, and ethnic minorities background, identify as LGBTQ+ and women, through improved recruitment and leadership development Widening access (anchor institution) and employability Improving the experience of staff with disability Improving the EDI literacy and confidence of trust staff through training and development Making equalities mainstream
Job description Job responsibilities
The post holder serves as the Trusts subject matter expert on liquidity and cash flow management.
They are responsible for overseeing all aspects of working capital on a day-to-day basis, ensuring that robust systems and controls are in place to monitor, report on, and safeguard the Trusts liquidity position. This is critical to ensuring that the Trust consistently has sufficient funding to meet its financial commitments.
The post holder manages a department covering Accounts Payable, Accounts Receivable, Cash Management, and Overseas Visitors. They provide leadership in developing and enhancing systems and processes across these functions to ensure they are fit for purpose and fully compliant with Trust policies and regulations.
Outputs from this department contribute directly to the Trusts financial management reporting, including performance reporting, the Annual Accounts, and statutory and central returns.
Person Specification
Qualifications Essential
CCAB/CIMA Qualified Degree or equivalent experience Evidence of continued professional development specialist training in treasury management
Experience Essential
Significant management experience in the acute healthcare in a position involving responsibility for staff and setting strategic direction Experience in managing debtors and creditors to maximise the cash flow position Full understanding of the invoicing and reconciliation processes between Acute Healthcare organisations
Desirable
Contribution to financial planning, short and long term
Knowledge & Skills Essential
Expert knowledge of the full range of financial accounting processes and procedures Excellent IT skills, including ability to create comp modelling spreadsheets Able to acquire data from a number of sources interpret and present conclusions Very good oral and written communication skills Knowledge of acute healthcare finance policies guidance
Desirable
Understanding of liquidity issues attaching Foundation Trust status VAT knowledge
Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Certificate of Sponsorship Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
UK Registration
Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window).
Employer details Employer name Lewisham and Greenwich NHS Trust
Address Lewisham Town Hall
1 Catford Rd
Catford
SE6 4RU
United Kingdom
Employer's website https://www.lewishamandgreenwich.nhs.uk/ (Opens in a new tab)