Cash Management Officer - #142963

Role summary:

We have an exciting opportunity for a Cash Management Officer to join our Cash Team.

Skills/Responsibilities:

Reporting to the Senior Cash Management Officer, the role will be responsible for assisting with the operation and maintenance of day to day systems in relation to cash management and maintaining the cash flow forecasting model. Monitoring volumes and costs in relation to cash, accurately maintaining daily cashbook and bank reconciliations, processing of payments on the finance system and interface with the bank. Provide cover for the Senior Cash Management Officer and provide day to day support to the Financial Accountant.

Responsibilities

• Update the cashbook and cash flow on a daily basis in a timely and accurate manner.
• Access online banking to make payments, reconcile bank statements to cashbook and cashflow ensuring all accounts are balanced on a daily basis
• Seeking appropriate authorisations and processing Faster Payment (FP)\CHAPS payment requests on the Finance System to required deadlines, liaising with Payroll as required.
• Processing of supplier payments including BACS, FP\CHAPS, RFT and Foreign payments with the bank.
• Generate payment runs and check the Accounts Payable payment files generated by the finance system prior to payment authorisation and inform the Senior Cash Management Officer of any issues arising, making recommendations for action required. Generate ad hoc payment runs as required
• Liaise directly with the Accounts Payable Team on issues relating to payments making decisions on actions required to resolve issues.
• Assist with entry, checking and reconciling of payroll pay overs on the Finance System for approval for payment to appropriate third parties, discussing and resolving queries with the outsourced payroll provider as required.
• Calculate PAYE, NI and Pension pay overs in conjunction with Payroll .Ensure payments are made within the deadlines.
• Assist in the operation of internal controls, carry out quality checks and maintain records as necessary to provide an appropriate audit trail
• Ensure all internal audit recommendations relating to Cash processes are implemented.
• Assist with statements and reports as required including quarterly report on time to pay Suppliers Invoices.
• Maintain contact with the bank through appropriate communication methods, including email, phone, etc.
• Maintain written procedures for appropriate aspects of this post and to participate in the development of the accounting systems and procedures of the department, and proposing the development of policies and procedures within own work area
• Daily recording of all Customer cash received on the Finance System and updating the Cash Receipts Forecast. Code and post all other cash receipts/payments on the Finance system, investigate and resolve all unidentified cash items
• Assist with Sharepoint requests for Vouchers, reconcile voucher stock, order vouchers and distribute as per authorised requests
• Manage requests for ad hoc payments
• Update BACS Rejects and Overpayments receipts daily for Payroll to send on a weekly basis
  
  
  

We offer hybrid working for this position, meaning you’ll mainly work from home. However, your contractual base will be the closest office to you and you may need to visit the office occasionally for team meetings.

To be successful in this post you will need to

• Good numeracy and communication skills
• Be able to demonstrate a high degree of accuracy and attention to detail
• Have experience of working with in a cash or accounts function or similar environment
• Be able to work on your own initiative with minimal supervision
• Be confident with the use of Excel and data
• Good numerical skills
  
  
  

In return for your commitment, we will offer you some fantastic benefits:

• Generous annual leave allowance - 27 days per year, plus bank holidays
• A commitment to talent management & development
• Values Star of the Month! - Our star of the month award enables you to recognise colleagues or teams that have gone the extra mile and they could win £100 worth of shopping vouchers
• Pension - We’ll contribute up to 10% towards your pension if you join our stakeholder pension scheme
• Life Assurance
• Group Income Protection
• Wellbeing Programme
• Employee Assistance Programme
• Employee Engagement & discounts platform
  
  
  

About Us:

NHS Professionals (NHSP) run the largest NHS flexible staff bank, placing highly skilled temporary workers in NHS Trusts to meet their short, medium and long-term needs. Uniquely we are owned by the Department of Health and Social Care and we therefore reinvest any surplus we make directly back into the NHS.

We are particularly proud of being the first NHS organisation to gain the accreditation of Top Employer by the Top Employers Institute. This is a huge testament to our ongoing commitment to making NHSP a great place to work for all our corporate employees.

Equality, Diversity & Inclusion (EDI)

As part of our commitment to EDI, as well as having a number of related staff support networks and calendar of activities, NHS professionals is also working to the following aims:

• To ensure we become an inclusive recruiter of choice, encompassing a fully diverse workforce, which truly reflects society
• To proactively embed the EDI agenda, in a meaningful way, in all that it does
• To ensure we create a psychological safe environment in which everyone can thrive and be at their best
  
  
  

We particularly welcome applications from people from minority groups and will provide support to ensure an equitable process.