Capital Accountant - Kingston Upon Thames, United Kingdom - Your World Healthcare

Your World Healthcare

Verified Company

Kingston Upon Thames, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Capital Accountant

Our Client is looking for a Capital Accountant to ensure that all aspects of purchase and accounting for capital fixed assets (including the asset register) and the revenue programme are carried out in accordance with Trust procedures and policies, relevantaccounting standard covering balance sheet and income and expenditure, and the financial monitoring of projects is accurate, relevant, timely and complete; Advise on strategic and maintenance/replenishment capital requirements and model a 5-year strategiccapital plan taking account of capital and revenue affordability; Lead on preparation of the capital elements of the Trust's Annual Accounts; To assist various projects including the Fixed Asset Register implementation and development.

Location:
Norbiton, Kingston (2-3 days a week remote)

Start Date:

ASAP

Temporary:
Expected to last 3 months with a possible extension

Hours: 37.5 hours per week, Monday to Friday 9am to 5pm

Pay Rates:
£ £25.19 PAYE Inclusive of Holiday pay or £ £28.96 Umbrella depending on experience

Duties included but not limited to:

To provide to the Trust Board and other senior managers within the Trust reports and ad-hoc information on the capital programme and the Trust's fixed asset.
To develop and oversee a 5year strategic capital plan for the Trust
To ensure that the capital programme and fixed assets are accounted for correctly, in line with the relevant statutory and NHS accounting policies and procedures.
Complex Capital issue to managers, staff, and other internal customers, ensuring good budgetary control during the procurement phase.
Responsible for recording, monitoring, and analysing commitment and expenditure against budgets. Reconciling monthly expenditure and producing periodic variance reports appropriate to the differing needs of recipients.
Ensure the Trust's Fixed Asset Register is retained in up to date form and contribute to the development.
Work with scheme managers to plan and develop robust forecast of expenditure in order to monitor projects cost against budget and project cash flow and the resulting capital charges.
Monitor actual and project cash flow against the Capital Plan of the Trust, giving early notification of any forecast variation.
Ensure that the Trust's SFIs are followed in relation to capital expenditure and flag any cases of noncompliance.
Reconcile the Trust general ledger capital control accounts to Fixed Asset Register on monthly basis.
Maintains the Trust asset register in full compliance with the NHS Trust's Capital Accounting Manual and Annual Reporting Manual, including additions, disposal, revaluation, impairments, and transfers. Production of quarterly reconciliation to the ledger.
To ensure that Trust's PFI schemes are correctly accounted for and reported under IFRS.
Prepares all fixed asses working papers, as required by the external auditors in their "prepared by client schedules" in advance of their final audit visit. This information will be used in preparation of the Trust's Annual Accounts.
To calculate the capital charges estimates for the Trust's Annual Plan and provide capital charges forecast as and when required.
To ensure that the proper procedures and process are in place for the reporting of and accounting for capital.
To lead on the annual revaluation of land and buildings, liaising with external valuers and internal stakeholders.
Undertake a full fixed asset verification exercised on yearly basis.
To attend and provide papers to the Trust's monthly capital Investment Committee meetings.

Annual Accounts

Lead on the production of the capital elements of the Trust's Annual Account to meet statutory and audit requirements. Ensure clear and accurate working papers are maintained and filed appropriately.
Under the direction of the Head of Financial Accounting, prepare detailed annual accounts timetables in January of each financial year, ensuring that the Trust complies with relevant DOH/Monitor guidance and adheres to best practice. Ensure that all Financeand nonFinance staff are fully cognisant of the requirements of them as part of the process.
Collate maintain and update the Annual Accounts procedures.
Train staff in the production of accurate and high quality working papers and embed this into monthly reporting routines.
Assist with other areas of Annual Accounts production as required.

Other

To undertake any other ad hoc projects or tasks as determined by the Head of Financial Accounting other the Deputy Finance Director. To ensure new leases are assessed to determine whether operating or finance lease as per IFRS1
To ensure new contracts are assessed for embedded derivatives as per IFRS1
To be continually aware of the need for improvement in the development of all aspects of advice, information, and r=training to customers and colleagues, systems, procedure, and controls.
Identify own training and development needs undertake appropriate training /education as required, supported by regular PDP
Adhere to all the Trust Policies and Health & Safety, as applicable.