Finance Lead / Bookkeeper

Core Responsibilities Financial Management Maximising Income and minimising Expenditure Reconciliation of income from various sources and understanding claiming processes. Annual budget setting (or assisting with budget setting as appropriate). Production of a monthly financial report to include monitoring against budget. Processing of income and expenditure information on the practice accounts system. Record-keeping, Cash-flow monitoring. Purchase and Sales Ledger processing Liaise with the Practice Accountant and provide end of year information, as requested. Manage and reconcile bank accounts; liaise with the Practice bankers. Manage appropriate systems for recording and banking of cash / cheques / petty cash. Management and reconciliation of credit card expenditure Manage HMRC Payments (PAYE and VAT) Manage Systems for claims and reimbursements e.g., maternity and sick leave and other reimbursements e.g., water / rates / CQC / PCN ARR Prepare and submit VAT returns Manage ad hoc
income streams e.g., GP Fellowship / GP Retainers as required Ensure systems are in place for invoicing private consulting rooms Ensure systems are in place for paying the GPs for private work Ensure systems are in place to pay locum GPs Ensure systems are in place to chase up bad debts Manage Partners drawings with assistance of accountants Ensure systems in place to pay property mortgages Provide support within the Practice with regard to NHS Pensions (joining / leaving / retiring from the Pension scheme) / NEST pension administration Submit annual and ad hoc pension updates to PCSE Provide support to the areas of private income and medical indemnity. Financial Leadership Play a lead role in managing the finance function i.e. leading individuals supporting the purchase and sales invoicing