Vacancies

Capital Programme Financial Analyst

• Job Reference
• SYS-13997
• Location
• Colchester
• Job Description
• Capital_Programme_Analyst_JD_and_Person_Spec.docx

• Post Code
• CO4 9QB
• Job Copy

• Job title:                      Capital Finance Analyst

  Responsible to:          Senior Development Manager

  Our Values

  • Fulfilling Lives is our core purpose
  • Every one of us makes a difference is the belief that drives us
  • Caring, Passionate and Teamwork are the values that underpin everything we do

   

  Job Summary

  To work within the Care UK Property team to accurately track, forecast and review capital expenditure spend in accordance with agreed policies and ways of working. This new role will be the key interface between Property and Finance teams. 

  The post-holder will regularly liaise directly with senior management to provide insight, reliable projections and assurance over the control environment.

  The candidate should exhibit initiative, enthusiasm and a strong willingness to learn and develop, individually and as part of the team.

  Key Responsibilities

  • Working closely with senior management, within the Property and Finance teams, to support the business in achieving a strong control environment, providing insight and reliable outlook forecasts for the business’s key capital programmes.
  • Ensuring compliance with policies and ways of working to embed a strong capital project control environment, including:
  • Completing, for each major project or workstream, the 'Capital Expenditure Request’ (CER) form to obtain sign off, in accordance with the authority matrix, for the CER budget required to deliver the planned works
  • Recording initial project CER budget in an agreed Property project tracking tool – extracting key information from CER form
  • Determining coding by liaising with Financial reporting team and (if required) set up of cost centre / code - liaising with Business Systems (BS) and Accounts Payable (AP) as required to set up in system
  • Raising Purchase orders (PO based on CER) with suppliers, mandating use of prescribed coding
  • Ensuring related project invoices are recorded correctly according to the project coding - liaising with AP team as required
  • Recording invoices on project tracker against original project 'CER budget'
  • Undertake first stage approval of invoices, following confirmation with Property Managers that works have been completed to satisfactory standard, ensuring that the invoice has been correctly coded.
  • On a monthly basis reconciling project balances to the Property team project tracking tool, with Finance reporting team assistance, as required
  • Building strong working relationships with key members of the Property project and Finance reporting teams to support the planning processes, to include:
  • Working with senior management to assist with the annual budget setting process
  • Acting as the interface between Finance and Property teams to track the allocation of approved projects (CER budgets) from overarching annual budget allocations by project type (Capital Asset Replacement, Health & Safety, Projects, etc).
  • Attendance at monthly project Finance meetings, with both internal parties and external Property consultants, to build valuable knowledge on each programme stream, enabling reliable forecasting
  • Liaising with Property managers to prepare month by month phased outlook for the remaining spend to come on each project. Providing challenge and capturing risks and opportunities
  • Providing critical insight on capital programmes, to include:
  • Supporting Finance and Property teams with analysis of project spend and presenting the results of the analysis to management.
  • Liaising with Property managers to identify any expected project overruns against original CER budget. In accordance with the authority matrix, anticipated overruns greater than an agreed percentage of CER budget must be approved by completing the ‘Capital Expenditure Overrun Request’ (CEOR) form
  • Active and constant improvement of processes and practices together with compliance monitoring, including the ongoing maintenance and continued development of the policies and procedures.

  This list of key responsibilities is not exhaustive, and the post holder may be required to undertake other relevant and appropriate duties as reasonably required.

  Here's what you can benefit from working with Care UK:

  • Wagestream – a money management app that gives you instant access to your pay
  • Award Winning Care Provider (Residential Care Provider of the Year - Health Investor Awards 2022 & more)
  • Long service awards
  • Discounted gym membership
  • Competitive refer a friend bonus
  • GEM Awards - we recognise colleagues who go the extra mile
  • Hundreds of online and in-store discounts
  • Cycle 2 work scheme
  • Annual purchase holiday scheme
  • Wellbeing support
  • Pension contribution

   

Care UK is committed to ensuring that it employs people with the right mix of talent, skills and potential and will assess every applicant fairly regardless of race, gender, religion, sexual orientation, responsibilities for dependents, age, physical/mental disability or offending background. Having a criminal record will not necessarily prevent you from working with us, it will depend on the nature of the role and background of any offence.