Senior Finance Officer - Losses
At a glance
- Band
- Band 5
- Contract
- Permanent
- Pattern
- Full-time, Flexible working, Home or remote working
- Posted
- 25/08/2026
- Closes
- 08/09/2026
Sponsorship verdict
Candidates needing sponsorship are encouraged to apply.
HiveMind found a sponsorship-friendly statement in the source advert welcoming applicants who require a visa. Always confirm on the source before applying.
“Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications.”Quoted verbatim from the source advert
Role summary
This role involves managing all processes related to recording and accounting for losses, ensuring compliance with accounting standards and the Manual of Accounts. The post holder will be responsible for the LASPAR system, calculating provisions for claims, and reconciling these with the General Ledger. They will also assist in preparing annual accounts and quarterly reports for the Audit Committee, liaising with auditors on losses issues. Additionally, the role requires submitting Welsh Risk Pool Returns and supporting the Claims team with Redress payments.
Essential criteria
- Good knowledge of financial control and governance processes.
- AAT qualified or studying for CCAB qualification (or equivalent relevant experience).
- Excellent Microsoft Excel knowledge and use, and good knowledge/use of other Microsoft Office products (e.g. Word).
Desirable criteria
- Graduate.
- Good knowledge of financial and reporting systems.
- Knowledge of the NHS and its structure.
- Experience of working in a finance setting.
- Experience of NHS Financial Systems and Processes.
- Experience of working in a large complex organisation.
- Experience in the application of financial controls and communicating those to the wider organisation.
- Take a helpful and sharing approach to meet customer needs in order to develop their understanding and use of systems and controls.
- Demonstrate a high standard of conduct, integrity and probity.
- Good communicator.
- Demonstrate a resilient attitude to work pressures.
- Adopt a "can do" approach whilst maintaining system and personal integrity.
- Circumstances
- Able to travel within the Health Board, and to be able to attend meetings outside the Health Board in a timely manner.
- Able to work hours flexibly, bearing in mind service needs.
- Must be able to work unsocial hours where necessary eg. during systems testing.
- Aptitude and Abilities Skills
- Be able to demonstrate a customer focus to meet user needs.
- Good communication skills, both orally and in writing and be able to adapt communication style depending on the recipient
- Excellent IT skills to be able to design and format financial spreadsheets with accuracy.
- Good planning and organisation skills.
- Qualifications and knowledge
- Good knowledge of financial control and governance processes.
- AAT qualified or studying for CCAB qualification (or equivalent relevant experience).
- Excellent Microsoft Excel knowledge and use, and good knowledge/use of other Microsoft Office products (e.g. Word).
- Graduate.
- Good knowledge of financial and reporting systems.
- Knowledge of the NHS and its structure.
- Experience of working in a finance setting.
- Experience of NHS Financial Systems and Processes.
- Experience of working in a large complex organisation.
- Experience in the application of financial controls and communicating those to the wider organisation.
- Take a helpful and sharing approach to meet customer needs in order to develop their understanding and use of systems and controls.
- Demonstrate a high standard of conduct, integrity and probity.
- Good communicator.
- Demonstrate a resilient attitude to work pressures.
- Adopt a "can do" approach whilst maintaining system and personal integrity.
- Circumstances
- Able to travel within the Health Board, and to be able to attend meetings outside the Health Board in a timely manner.
- Able to work hours flexibly, bearing in mind service needs.
- Must be able to work unsocial hours where necessary eg. during systems testing.
- Aptitude and Abilities Skills
- Be able to demonstrate a customer focus to meet user needs.
- Good communication skills, both orally and in writing and be able to adapt communication style depending on the recipient
- Excellent IT skills to be able to design and format financial spreadsheets with accuracy.
- Good planning and organisation skills.
Useful to know
Agenda for Change 2024/25 pays Band 5 at £29,970 – £36,483 a year, across England.
This advert: £32,557 – £39,631 — outside the standard scale; check for HCAS/London weighting.
Posted 13d ago · Closes in 2d
Applications close soon — apply now if this is a fit.
Full advert · preview
Cwm Taf Morgannwg University Health Board
Senior Finance Officer - Losses
The closing date is 08 September 2026
Job summary
The post holder will be responsible for all processes on the recording and accounting for losses in line with accounting standards, Manual of Accounts and Control Procedures, and for the management of the Losses and Special Payments Register (LASPAR) system.
They will ensure accurate calculation of provisions for claims, costs, defence fees and Risk Pool reimbursement arising from legal advisors' quantums; all payments/receipts made against such provisions and the reconciliation of those provisions, payments and receipts to the General Ledger.
The post holder will assist in the completion of all losses notes within the Annual Accounts and subsidiary statements, and quarterly losses reports to the Audit Committee, and liaise with Audit losses issues.
The post holder will ensure all required Welsh Risk Pool Returns are submitted in the required format and within strict deadlines, and support the Claims team in ensuring all Redress payments are captured and submitted for reimbursement in from Welsh Government.
They will provide ad hoc support for the work of other members of the Financial Accounting Team as required, and deputise during the absence of the Financial Accountant on all aspects of that post pertaining to losses, appropriate to th
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