Finance Manager - Capital

Main Duties of the Job • Lead monthly capital reporting and ensure accurate delivery of the Trust’s Capital Resource Limit • Maintain the fixed asset and lease registers, ensuring compliance with NHS accounting standards. • Provide expert financial advice to project managers, clinicians, and senior leaders. • Support the development of capital business cases and longterm capital planning. • Linemanage and develop the Assistant Financial Accountant • Play a central role in the production of statutory accounts and audit processes. Detailed Job Description and Main Responsibilities Capital Reporting • Lead the production of monthly capital performance reports, including scheme-level analysis, variance investigation and corrective action planning. • Coordinate and validate monthly capital expenditure and year-end forecasts. • Ensure all capital reporting (internal and external) is accurate, timely, and complaint with NHSE and regulatory requirements. • Actively manage delivery of the Trust’s Capital Resource Limit (CRL), identifying risks and leading mitigation plans. • Support the annual accounts process, preparing schedules, working papers, and audit evidence. • Liaise with internal and external auditors to resolve capital-related queries. • Prepare capital elements of statutory accounts, ensuring compliance with the NHS Manual of Accounts. • Provide financial reports to ICT, Estates and other schemes. Fixed Asset and Lease Management • Maintain and reconcile the Trust’s Capital Asset Register, ensuring accurate recording of additions. Disposals, depreciation, impairments and revaluations. • Manage the Trust’s lease register and ensure correct accounting treatment in line with IFRS and NHS guidance. • Produce annual capital charge forecasts and year-end asset valuations. • Lead the modernisation and ongoing development of asset recording systems. • Coordinate periodic asset verification with Asset Managers and follow up outstanding issues. • Liaise with District Valuer and external VAT advisors on asset valuations and VAT treatment. • Ensure compliance with HMRC Construction Industry Scheme for capital payments. Business Partnering and Capital Programme Support • Act as a Finance business partner for all Capital projects – attending meetings and providing expert financial advice. • Support the development, review, and financial evaluation of capital business cases, ensuring all I&E impacts are understood and documented. • Track progress of capital and revenue business cases, highlighting risks to delivery. • Support the Capital Working Group, including governance, reporting, and administrative arrangements. • Contribute to the Trust’s annual capital plan and maintain a rolling five-year capital and equipment replacement programme. • Provide financial support to the New Hospital Programme, including modelling and capital planning. Leadership and People Management • Line-manage the Assistant Financial Accountant, including objective setting, appraisals, training and development. • Provide leadership to the capital finance function, promoting best practice and continuous improvement. • Deliver training and education on capital finance to non-finance staff. • Provide cover for the Deputy Head of Financial Services when required. Governance, Systems and Continuous Improvement • Ensure capital accounting policies and procedures are implemented, maintained, and regularly reviewed. • Support the development and optimisation of capital accounting systems and processes. • Maintain strong working relationships across finance, operational teams and external partners including ICB’s. • Communicate complex and sensitive financial information clearly and confidently to varied audiences. For any additional enquiries please contact: Michelle Penney, email: Job description Job responsibilities Main Duties of the Job • Lead monthly capital reporting and ensure accurate delivery of the Trust’s Capital Resource Limit • Maintain the fixed asset and lease registers, ensuring compliance with NHS accounting standards. • Provide expert financial advice to project managers, clinicians, and senior leaders. • Support the development of capital business cases and longterm capital planning. • Linemanage and develop the Assistant Financial Accountant • Play a central role in the production of statutory accounts and audit processes. Detailed Job Description and Main Responsibilities Capital Reporting • Lead the production of monthly capital performance reports, including scheme-level analysis, variance investigation and corrective action planning. • Coordinate and validate monthly capital expenditure and year-end forecasts. • Ensure all capital reporting (internal and external) is accurate, timely, and complaint with NHSE and regulatory requirements. • Actively manage delivery of the Trust’s Capital Resource Limit (CRL), identifying risks and leading mitigation plans. • Support the annual accounts process, preparing schedules, working papers, and audit evidence. • Liaise with internal and external auditors to resolve capital-related queries. • Prepare capital elements of statutory accounts, ensuring compliance with the NHS Manual of Accounts. • Provide financial reports to ICT, Estates and other schemes. Fixed Asset and Lease Management • Maintain and reconcile the Trust’s Capital Asset Register, ensuring accurate recording of additions. Disposals, depreciation, impairments and revaluations. • Manage the Trust’s lease register and ensure correct accounting treatment in line with IFRS and NHS guidance. • Produce annual capital charge forecasts and year-end asset valuations. • Lead the modernisation and ongoing development of asset recording systems. • Coordinate periodic asset verification with Asset Managers and follow up outstanding issues. • Liaise with District Valuer and external VAT advisors on asset valuations and VAT treatment. • Ensure compliance with HMRC Construction Industry Scheme for capital payments. Business Partnering and Capital Programme Support • Act as a Finance business partner for all Capital projects – attending meetings and providing expert financial advice. • Support the development, review, and financial evaluation of capital business cases, ensuring all I&E impacts are understood and documented. • Track progress of capital and revenue business cases, highlighting risks to delivery. • Support the Capital Working Group, including governance, reporting, and administrative arrangements. • Contribute to the Trust’s annual capital plan and maintain a rolling five-year capital and equipment replacement programme. • Provide financial support to the New Hospital Programme, including modelling and capital planning. Leadership and People Management • Line-manage the Assistant Financial Accountant, including objective setting, appraisals, training and development. • Provide leadership to the capital finance function, promoting best practice and continuous improvement. • Deliver training and education on capital finance to non-finance staff. • Provide cover for the Deputy Head of Financial Services when required. Governance, Systems and Continuous Improvement • Ensure capital accounting policies and procedures are implemented, maintained, and regularly reviewed. • Support the development and optimisation of capital accounting systems and processes. • Maintain strong working relationships across finance, operational teams and external partners including ICB’s. • Communicate complex and sensitive financial information clearly and confidently to varied audiences. For any additional enquiries please contact: Michelle Penney, email: