Job vacancy: Capital Analyst, Milton Keynes University Hospital NHS Foundation Trust, Milton Keynes

Job summary

Main area: Financial Services
Grade: Band 6
Contract: Permanent
Hours: Full time - 37.5 hours per week
Job ref: 430-CORP26-535A

Employer: Milton Keynes University Hospital NHS Foundation Trust
Employer type: NHS
Site: Finance - Financial Services (Dept)
Town: Milton Keynes
Salary: £39,959 - £48,117 Per annum
Salary period: Yearly
Closing: 22/07/2026 23:59
Interview date: 03/08/2026

Capital Analyst

Band 6

At Milton Keynes University Hospital, you will be welcomed into a friendly and supportive environment where teamwork and respect are at the heart of everything we do. We are proud to live our Trust values and behaviours every day, creating a culture where everyone feels heard and valued.

MKUH staff's Motivation and Involvement scores are among the highest in our peer group, showing that our people feel inspired and included in decision-making (Staff Survey, 2024).

Our benefits

We believe in recognising and rewarding the amazing contribution of our staff and that is why we offer a comprehensive benefits package designed to support your wellbeing, work-life balance, and professional growth, including:

Free on-site parking including EV charging
Complimentary refreshments
Flexible working arrangements
Discounted gym membership
Salary sacrifice car scheme
Generous annual leave, with the option to bank holiday entitlement
Membership of the NHS Pension Scheme
On-site nursery (charges apply)
A wide-ranging staff health and wellbeing programme including EAP
VIVUP products to support your mental, physical, and financial Wellbeing

Detailed job description and main responsibilities

Responsible for the timely and accurate production of monthly and annual capital accounts and reporting.
Responsible for planning and coordinating own workload to ensure monthly accounts are produced within agreed deadlines.
Prepare and maintain capital accounting guidance and procedure notes in accordance with Standing Financial Instructions (SFIs) and departmental requirements.

Fixed Asset Register

Maintain the Trust's fixed asset register (RAM), ensuring completeness, accuracy and integrity. This involves analysing complex data.
Ensure financial and capital transactions are accurately recorded and reconciled between the fixed asset register and general ledger. Investigating and resolving discrepancies within agreed timescales.

Fixed Asset Accounting

Capitalise assets onto the fixed asset register in accordance with Trust policies and accounting standards.
Process monthly depreciation, amortisation and accruals in accordance with Trust policy.
Process accounting entries relating to fixed asset disposals.
Undertake asset revaluations in accordance with Trust policy.

Capital Monitoring

Monitor the financial progress of capital projects, including commitments, purchase orders and expenditure against the approved capital plan.
Produce monthly capital monitoring reports for the Capital Control Group, Trust Board and external bodies as required.

Lease Accounting

Maintain the Trust's lease register and ensure the accuracy and completeness of lease accounting records.
Ensure lease transactions are correctly reflected within the financial statements and fixed asset records.

Forecasting

Assist in the preparation of capital budget statements for budget holders.

Business Cases

Provide financial input to support the development and evaluation of business cases.
Review proposed expenditure to ensure compliance with capitalisation criteria and accounting standards.

· To provide scheme managers and other non-finance staff with advice and guidance in respect of capital ordering processes and capital accounting requirements.

Please refer to the job description for further details.

Person specification

Qualifications and knowledge

Essential criteria

Good basic education to A-level standard (including GCSE Maths and English).
Experience of working within a finance role in a large organisation.
AAT technician level or equivalent qualification or experience.

Desirable criteria

Working towards Professional CCAB Accountancy qualification

Experience

Essential criteria

Detail knowledge and understanding of accounting procedures, bookkeeping, and financial systems.
Experience of accounting for capital transactions
Experience of working with and manipulating large volumes of data.
Working knowledge of Microsoft Office IT packages including Excel and Word
Experience of working within finance controls and procedures.
Experienced user of computerised Financial and capital accounting and reporting systems, in particular RAM, Oracle R12 and Business Intelligence
Experience of working to tight deadlines and under pressure.

Desirable criteria

Experience of working in an NHS organisation.

Skills

Essential criteria

Excellent planning and Organisational skills with ability to work to tight deadlines, under pressure, agreeing priorities where necessary.
Ability to work without direct supervision and direction whilst adhering to Trust Policies and guidelines.
Ability to communicate (both written & verbal) with people at all levels from within the organisation or external to it, both financial and non-financial.
Able to interpret guidelines and implement appropriate changes to working practices.
Ability to analyse and interpret financial data and prepare financial summaries.
Change management skills

Desirable criteria

Able to demonstrate attention to detail.
Experience of presenting financial data to other people

Personal and people development

Essential criteria

High personal standard of conduct and behaviour and ability to act as a role model encouraging others to value and respect staff and stakeholders and holds others to account for this

Desirable criteria

Evidence of Continuous Professional Development
Builds and develops multidisciplinary teams and maintains constructive working relationships at all levels and disciplines.

Communication

Essential criteria

Excellent communication skills, both verbal and written
Evidence of personal insight, and willingness to learn and change personal style/approach as appropriate.

Specific requirements

Essential criteria

Able to perform the duties of the post with reasonable aids and adaptations

We believe success lies in the diversity of our employees and are committed to promoting equality, encouraging diversity and embracing inclusion. We welcome applications from everyone interested in working for us.

We reserve the right to expire vacancies prior to the advertised closing date once a sufficient number of applications have been received.

MKUH uses identification scanning technology to confirm the authenticity of documents; all prospective employees of MKUH will have their original documents verified using this technology.

By applying for this role, you accept if successful, that information from your application will be transferred into the national NHS Electronic Staff Record (ESR) system. Your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers.

Applications, offers of employment and contracts may be withdrawn or terminated if it is found that fraudulent statements were made or fraudulent documents provided during the recruitment process. Additional possible consequences include referral to professional bodies or criminal sanctions.