Job summary
- Main area
- Finance
- Grade
- Band 5
- Contract
- Permanent
- Hours
- Full time - 37.5 hours per week
- Job ref
- 110-AC237-0624
- Employer
- Cwm Taf Morgannwg University Health Board
- Employer type
- NHS
- Site
- Admin Block, Dewi Sant Hospital
- Town
- Pontypridd
- Salary
- £28,834 - £35,099 per annum
- Salary period
- Yearly
- Closing
- Today at 23:59
Employer heading
![Cwm Taf Morgannwg University Health Board logo](https://static.trac.jobs/employer-logos/374.png)
Senior Finance Officer - Losses
Band 5
We provide healthcare services to people living in Bridgend, Merthyr Tydfil and Rhondda Cynon Taf county borough areas, serving a population of around 450,000. We are ideally situated between Wales’s capital city, Porthcawl to the west, and the stunning scenery in the Brecon Beacons.
Our vision is to care for our communities and patients by preventing ill-health, promoting better health, providing excellent services and reducing the need for inpatient care wherever possible through the provision of strengthened home, primary and community care.
We value the diversity of our staff and welcome applications from people from protected groups under the Equality Act 2010, this specifically includes age, sex, sexual orientation, gender identity/reassignment, race/nationality, religion/belief, disability, pregnancy and maternity and marriage and civil partnership.
Cwm Taf Morgannwg is a Living Wage Employer.
Please check your email account regularly. Successful applicants will receive all recruitment related correspondence via the email account registered on the application form.
All applicants are invited to apply in Welsh or English, and no preference will be given to applications submitted in either language.
Please be advised that there is a temporary top up for Bands 1,2 and 3 to reflect the incorporation of the top up to the living wage of £12 per hour - £23,465 per annum. This temporary top up will be in place until the annual pay uplift for 2024/25 is confirmed
Job overview
Now is a great time to join the Finance Department in Cwm Taf Morgannwg University Health Board. We currently have an opportunity for an enthusiastic and highly motivated individual to join the team as a Senior Finance Officer in the Financial Accounting team.
Main duties of the job
The post holder will be responsible for all processes on the recording and accounting for losses in line with accounting standards, Manual of Accounts and Control Procedures, and for the management of the Losses and Special Payments Register (LASPAR) system (any system recording of Losses and Special Payments).
They will ensure accurate calculation of provisions for claims, costs, defence fees and Risk Pool reimbursement arising from legal advisors’ quantums; all payments/receipts made against such provisions and the reconciliation of those provisions, payments and receipts to the General Ledger.
The post holder will assist in the completion of all losses notes within the Annual Accounts and subsidiary statements, and quarterly losses reports to the Audit Committee, and liaise with Audit losses issues.
The post holder will ensure all required Welsh Risk Pool Returns are submitted in the required format and within strict deadlines, and support the Claims team in ensuring all Redress payments are captured and submitted for reimbursement in from Welsh Government.
They will provide ad hoc support for the work of other members of the Financial Accounting Team as required, and deputise during the absence of the Financial Accountant on all aspects of that post pertaining to losses, appropriate to the grade.
Working for our organisation
Cwm Taf Morgannwg University Health Board is part of the NHS Wales family. Our Health Board provides primary, secondary and community health and wellbeing services to around 450,000 people living in three County Boroughs: Bridgend, Merthyr Tydfil, and Rhondda Cynon Taf.
We live by our core values:
We listen, learn and improve
We treat everyone with respect
We all work together as one team
We are a proud local employer; around 80% of our 15000 workforce live within our region, making our staff not only our lifeblood of our organisation but of the diverse communities that we serve.
Detailed job description and main responsibilities
You will be able to find a full Job description and Person Specification attached within the supporting documents or please click “Apply now” to view in Trac.
Person specification
Qualifications
Essential criteria
- AAT qualified or equivalent experience
Desirable criteria
- Graduate
Experience
Essential criteria
- Experience of working in a finance department
Desirable criteria
- NHS experience
- Experience in the application of financial controls and communicating those to the wider organisation.
Skills
Essential criteria
- Good communication skills
- Use of Microsoft Office packages including excel
Desirable criteria
- Advanced excel skills
Knowledge
Essential criteria
- Excellent Microsoft Excel knowledge and use, and good knowledge/use of other Microsoft Office products (e.g. Word).
- Good knowledge of financial control and governance processes.
Desirable criteria
- Good knowledge of financial and reporting systems.
- Knowledge of the NHS and its structure.
Applicant requirements
Welsh language skills are desirable
Documents to download
Further details / informal visits contact
- Name
- Adele Lewis
- Job title
- Senior Finance Manager
- Email address
- [email protected]
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