Job summary
- Main area
- Financial Services
- Grade
- NHS AfC: Band 3
- Contract
- Permanent
- Hours
- Full time - 37.5 hours per week
- Job ref
- 435-1LSC-LT-011-26
- Employer
- East Lancashire Hospitals NHS Trust
- Employer type
- NHS
- Site
- Preston Business Centre
- Town
- Preston
- Salary
- £24,937 - £26,598 pa (pending pay award)
- Salary period
- Yearly
- Closing
- 17/03/2026 23:59
Employer heading
Finance Transactions Officer
NHS AfC: Band 3
One LSC is a new collaborative partnership shared service formed by the five NHS Trusts serving the Lancashire and South Cumbria population of 1.8 million people. We are a shared service run by the NHS, for the NHS and are hosted by East Lancashire Hospitals NHS Trust on behalf of the partner Trusts of the Lancashire and South Cumbria system.
One LSC stands for ‘One Lancashire and South Cumbria’ and reflects the Lancashire and South Cumbria System ambition to have one team serving Lancashire and South Cumbria in a joined-up way. It is jointly run by the five Trusts as a collaborative partnership.
The Trusts that make up One LSC are:
· Blackpool Teaching Hospitals NHS Foundation Trust
· East Lancashire Hospitals NHS Trust
· Lancashire and South Cumbria NHS Foundation Trust
· Lancashire Teaching Hospitals NHS Foundation Trust
· University Hospitals of Morecambe Bay NHS Foundation Trust
One LSC brings together the Digital, Data and Technology, Estates and Facilities, Finance, People Services and Procurement and Logistics services from each of the provider Trusts to create one central community of professionals. Under one leadership team, they will provide services for and on behalf of all Trusts.
The aim is to bring services more closely together so that we can deliver the best service possible to each of our partner organisations. At the core of One LSC delivery is eliminating duplication, removing unwarranted variation, realisation of the benefits of sharing common systems and processes and ensuring we deliver value for money for our partners, our system and, ultimately, for the communities we serve.
Job overview
We are on the lookout for a passionate and driven Finance Officer to join our dynamic team. This isn't just a job; it's an opportunity to shape the financial landscape of our Trust . If you're up for a challenge and ready to make a real impact, keep reading!
We are looking for individual with the drive to succeed; to make a difference and support service improvement with the skills to actively engage with stakeholders both internal and external.
This role requires a self-motivated, pro-active individual with a structured and methodical approach to problem solving and excellent analytical, technical and interpersonal skills with the ability to prioritise and manage workload to meet deadlines.
Ideally the candidate will be studying AAT
Main duties of the job
The Finance Transactions Officer provides support to the Finance Transactions Manager and Senior Finance Transactions Officer in ensuring that all aspects related to creditors and payments are accounted for and managed correctly. They also engage in proactive oversight of the shared service provider, ELFS, performing its function in relation to these areas.
Working for our organisation
Passionate individuals with a commitment to excellence in financial accounting.
Innovative thinkers who thrive in a dynamic and challenging work environment.
Team players who can build strong working relationships with various departments.
Ready to embark on a journey of professional growth and contribute to a meaningful cause? Apply now and let's build a brighter financial future together!
We are a forward-thinking organization committed to excellence in all aspects of our work.
Working with us gives you the knowledge and sense of pride that every activity you do genuinely does make a difference to support our patients & staff, ensuring we keep thriving & delivering outstanding healthcare right across our local towns.
You’ll make an impact, be challenged to think differently, be bold & help innovate to keep improving things. Everything we do centres around patient care and enhancing their experience which means your role is pivotal and something really to be proud of.
Detailed job description and main responsibilities
Maintenance and Development of the
Payables and Receivables Ledgers
Accounts Payable
• Reviewing invoices appearing in the PO and Non PO
workflows on a daily basis and ensuring invoices and
notifications are routed correctly via the SBS system for
approval
• Performing regular statement reconciliations and liaising with
SBS / suppliers to ensure any appropriate actions are
undertaken to ensure the payables ledger is updated
accordingly.
• Regularly review supplier accounts which are in credit and
work with the supplier to ensure credits are matched against
invoices or a payment is made to clear the account.
• Maintain supplier accounts
Providing advice and assistance to suppliers and trust
managers to investigate and resolve written and telephone
queries, often of a complex and sensitive nature.
Accounts Receivable
• Reviewing credit memo requests and ensuring these are
dealt with in an appropriate time scale by Trust managers
• Maintain supplier accounts.
• Providing regular statements to debtors and chasing debt
where necessary.
• Providing advice and assistance to customers and trust
managers to investigate and resolve written and telephone
queries, often of a complex and sensitive nature.
Financial Planning and Reporting
Assist the FTM & SFTO to manage and deliver the Better
Payment Practice Code target for paying bills within 30 days
of receipt and produce monthly reports on the position.
• Assist the FTM & SFTOs to ensure timely input into trust
cash flow forecast based on regular contract payments and
due dates, both incoming and outgoing.
• Assist the SFTO to produce the aged debt analysis.
• Run and review “housekeeping” reports on a weekly basis
and take appropriate action where invoices to clear any
issues.
• Production of backing documents and working paper to
support the month-end file and the notes to the annual
accounts.
• Assist in the completion of the inter-NHS agreement of
balances exercise, preparing working papers to reconcile
back to the ledger and escalating any issues where
necessary.
Financial Management and Control
Preparation of the weekly submission of the BACs Runs,
RFT payments and cheque runs
• Monitoring of disputed invoices, goods received not invoiced
accruals and taking action to deal with them.
• Work closely with the Financial Advice Team to ensure
creditor accruals are made where appropriate.
• Raising of invoices where required to ensure Trust income is
received.
Excellent care with compassion
• Monitoring of disputed invoices and assistance with clearing
these down to ensure prompt payment by debtors.
• Monitor the SBS workflow systems for both invoices and
credit memos, produce reports on performance and ensure
that authorised signatories are clearing their workflows
according to Trust procedures.
• Review the ledger for duplicate invoice payments and
establish, with SBS, an action plan for recovery.
• Review unallocated cash to ensure correct coding and deal
with any duplicated receipts.
• Work proactively with the procurement team on all aspects
connected to creditor control, identifying issues that require
escalation.
• Work with SBS to ensure an effective credit control function
to ensure all overdue debts are collected, tracking all aged
debt to ensure that overdue debts are chased and escalated
to the SFTO if appropriate.
• Provide support to the Finance Transaction Assistants
where required
Financial Accounting
Ensure all one-off supplier payment requests are correctly
authorised and input correctly into the ledger.
• Ensure payroll payment request are input accurately in to the
ledger by the required deadlines.
• Support the monthly reconciliation process in respect of
relevant creditor control accounts.
• Ensure cash is correctly allocated and process transactions
for accounting purposes.
• Liaise with internal and external audit, act as a point of
contact to provide creditor information and assist with sample
testing.
• Any other duties as directed by the FTM & SFTO
commensurate with grade
Person specification
Qualifications
Essential criteria
- 5 GCSE’s (Grades A-C) or equivalent including Maths and English Language
Desirable criteria
- NVQ Level 3+ AAT or equivalent experience
Knowledge & Experience
Essential criteria
- Experience in computerised payables and receivables ledger processes and systems
- Working knowledge of the processing of documents relating to goods and services supplied on credit
- Experienced in the analysis, investigation and resolution of financial queries and discrepancies.
Desirable criteria
- Experience of dealing with a high volume of transactions
- Knowledge of NHS financial governance arrangements
- An understanding of VAT issues
- Experience of working with a Shared Business Partner
Documents to download
Further details / informal visits contact
- Name
- Rebecca Linford
- Job title
- Finance Transactions Manager
- Email address
- [email protected]
- Telephone number
- 07891997524
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