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Royal College of General Practitioners, Multiple Locations (Hybrid)
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Page 1 of 14
London, Greater London (Hybrid)
£40,571 per year
Permanent, Full-time
Job description

Full time, 35 hours per week

Permanent

Grade DL, Salary £40,571 per annum

Location: 30 Euston Square, London

Closing date:   10th August 2022

Interview date:  15-19th August 2022

The Royal College of General Practitioners is the largest membership organisation solely for GPs in the United Kingdom. Founded in 1952, it has over 54,000 members who are committed to improving patient care, developing their own skills and promoting general practice as a discipline. General practice is the largest branch of the medical profession. It provides some 1 million consultations for patients in the UK every working day and deals with 86% of the health problems experienced by the UK population.

The role will be responsible for the monthly Balance sheet reconciliations and month end close process for four legal entities and ensuring timely and accurate reporting of management information. To lead the finance processing team including Accounts Receivables & Payables and to assist the Financial Controller with the preparation of statutory accounts.   

Key Result Areas:

  1. Assist the Financial Controller in the preparation of the statutory financial accounts and audit of the College, including its 3 Devolved Councils and 32 Faculties, and 3 trading subsidiaries.
  2. Prepare quarterly investment portfolio reconciliations and post unrealised gains or losses in line with SORP into the accounting system.
  3. Co-ordinate the preparation of the monthly balance sheet accounts reconciliations and reporting to the Financial Controller thereon.
  4. Supervision of 3 staff to ensure effective and efficient delivery of the department’s objectives.
  5. Responsible for performance review and development of team members
  6. Ensure direct reports maintain processing of all transactions in a timely and accurate manner and assist with the month end close
  7. Undertake any duties as required by the Financial Controller.
  8. Monitor existing financial controls and amend in light of any new requirements.
  9. Any other ad hoc duties as requested by the Financial Controller

Qualifications/Experience

Qualifications:

CCAB qualified accountant/QBE or finalist

Experience:

  • Comprehensive experience of providing financial and management information at a senior level
  • Experience of line management and motivation of staff
  • Detailed reconciliations of control accounts and inter-company accounts
  • Working to tight deadlines and planning and allocation of resources to meet defined targets.
  • Use of Great Plains
  • Developing and maintaining spreadsheets on Excel (to macro level) and of Microsoft Word and e-mail.

·Financial reporting to managers at senior and intermediate level.

  • Internal audit procedures within a large organisation including recommending and implementing financial controls and policies.
  • Understanding of VAT annual adjustment calculation.
  • Producing ad hoc financial reports.

Knowledge / Skills / Attributes:

  • Understanding of the culture and workings of membership organisations.
  • Detailed knowledge and understanding of the recommended accounting standards and principles that have an impact on the College, including requirements under Companies Acts.
  • Detailed understanding of direct (e.g. PAYE) and indirect taxation, particularly VAT requirements for charities.
  • Excellent communication and interpersonal skills.
  • Ability to understand the needs of the managers and communicate constructively financial issues to non-financial staff and senior managers and to recommend best practices.
  • Team working, flexibility, persuasion and influencing skills in a diverse and democratically governed organisation.
  • Ability to motivate and monitor staff.
  • Excellent time management skills and the ability to prioritise own and staff workload.
  • Problem-solving skills with ability to identify key issues.
  • Advanced knowledge of Microsoft Excel, Word and Office
  • Customer focussed and will deliver high quality professional advice and support
  • “Can-do “attitude

Dimensions:

·Assist in the preparation of the statutory financial accounts and audit of the College and its 3 trading subsidiaries with turnover £40m.

  • Assist with the preparation of audit schedules for all entities
  • Responsible for complex monthly reconciliations and ensure timely and accurate reporting of the balance sheet
  • Manage all inter-company and inter-branch reconciliations
  • Manage relationship with investment managers and supervision of investment portfolio value £10m
  • Assist with the preparation of quarterly VAT returns for all entities and corporate taxation in compliance with the relevant tax regulations
  • Assist with the review of financial policies and procedures and embed continuous improvement mindset relating to processes and controls
  • Supervision and motivation of 3 Assistant Accountants to work towards various deadlines for the management and statutory accounts.
  • Provide expert technical support and guidance to budget mangers and staff across the organisation
  • Any other ad hoc duties as requested by the Financial Controller
  • Ensure all activities are conducted in accordance with the College’s Health & Safety Policies and procedures
  • To take responsibility for the provision of health and safety for themselves and the compliance of other employees/colleagues in own service area
  • Be an interested and active member of the staff team within Finance department working closely with others and in line with our people values to ensure that the College is seen to be a responsive, courteous and efficient organisation both by its members and other key audiences

In return, the College offers excellent terms and conditions.

The Royal College of General Practitioners is an equal opportunities employer and welcomes applications from all sections of the community

~ Putting members at the heart of everything we do ~

Application resources
More about Royal College of General Practitioners

We are the professional membership body and guardian of standards for family doctors in the UK, working to promote excellence in primary health... Read more

Posted on: 03 August 2022
Closing date: 02 September 2022 at 23:59
Job ref: RCGP624
Tags: Finance,Management

The client requests no contact from agencies or media sales.