Overview
The Assistant Accountant will be responsible for supporting the accounting and finance team with daily treasury activities and financial tasks. This role requires strong attention to detail and a proactive approach to problem-solving within the healthcare industry.
Client Details
This position is with a UK organisation in the healthcare sector, known for its commitment to delivering excellent services. The company fosters a supportive environment within its Accounting & Finance department.
Description
The Assistant Accountant – Cash Management will play a key role in supporting the financial operations of our group, ensuring accurate and timely recording, reconciliation, and reporting of all cash and bank transactions. This role focuses on managing daily cashbook updates, reconciling patient card payments, processing supplier and payroll payments, and assisting with cash flow forecasting to maintain strong liquidity across our practices.
- Perform daily bank reconciliations for multiple bank accounts, ensuring all transactions are accurately recorded.
- Post and allocate patient receipts, payments, and other incoming funds in the accounting system.
- Oversee card payment reconciliation from patient transactions (POS terminals in practices, online payment portals, finance plan payments), working closely with practice managers to resolve discrepancies.
- Maintain and update the cashbook, ensuring balances align with bank statements.
- Support the cash flow forecasting process, incorporating seasonal and treatment-plan-based payment patterns.
- Prepare daily or weekly cash position reports for senior management.
- Process supplier payments, associate payments, and payroll transactions in line with company controls.
- Investigate and resolve discrepancies in bank and cash transactions promptly.
- Assist in preparing month-end and year-end cash-related journal entries.
- Provide cash-related documentation to support external audits.
- Liaise with practice managers and senior finance staff to ensure efficient cash management across multiple sites.
- Maintain user access and audit logs for banking platforms and payment systems.
- Ensure compliance with internal policies, PCI DSS standards, and relevant healthcare and financial regulations.
Profile
- AAT Level 3 or 4, or working towards ACCA/CIMA (or equivalent).
- 1-3 years’ experience in accounting or finance, with a focus on cash and bank reconciliations.
- Experience in a multi-site environment, ideally within healthcare or similar.
- Understanding of cash flow forecasting principles.
- Knowledge of merchant card systems, card payment processing, and reconciliation processes.
- Familiarity with PCI compliance, billing systems, and patient payment workflows is a plus.
- Strong Excel skills and experience with ERP/accounting software (e.g., Sage, SAP, Oracle, Xero).
- High attention to detail and accuracy.
- Strong organisational skills with the ability to meet deadlines.
- Ability to work independently and collaboratively with practice teams.
- Good interpersonal and communication skills, with a professional approach when liaising with practices and suppliers.
Job Offer
- Permanent position in a reputable organisation within the healthcare industry.
- Opportunities for professional development and growth.
- Inclusive and supportive company culture.
If you are ready to take the next step in your career as an Assistant Accountant, apply today to join this rewarding opportunity in the healthcare sector.
