Capital Analyst | Milton Keynes University Hospital NHS Foundation Trust


Company:	Milton Keynes University Hospital NHS Foundation Trust
Salary:	£39,959 - £48,117 Per annum
Hours:	Full-time
Location:	Milton Keynes, MK6 5LD
Job type:	Permanent
Posting date:	8 Jul 2026
Closing date:	7 Aug 2026

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Summary

Capital Analyst

Department: Finance

Band: 6

Hours: 37.5

We are seeking a motivated and detail-oriented Capital Analyst to join our Finance team. This role is ideal for someone with a strong interest in capital accounting within the NHS, who is looking to develop their skills in a supportive environment.

Key Responsibilities

- To ensure that the integrity of the capital and lease asset registers is maintained and to support the Senior Capital Accountant in meeting NHSE and DHSC requests for interim, year end and other accounts submissions.To ensure that the progress of capital projects is monitored accurately, and the provision of robust, accurate reports to the relevant parties is received within the agreed deadlines.

What We’re Looking For

- Workings towards a relevant finance qualification (e.g. ACCA, CIMA)

- Experience in a finance or accounting environment, ideally within the NHS or public sector.

- Good working knowledge of Excel and financial systems.

- Strong attention to detail and organisational skills.

- A team player with good communication skills and a willingness to learn.

You’ll be part of a friendly and experienced team, with opportunities for development and progression. This role offers a valuable insight into capital accounting within the NHS and the chance to contribute to meaningful financial stewardship that supports patient care.

We are unable to offer sponsorship for this role

Interview date: 03.08.2026

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NHS Survey, 2024, They feel supported in their employers making reasonable adjustments to help them carry out their work, rating an 82.9%

To provide the capital and lease accounting required to ensure that the trust accurately records its capital assets and adheres to capital accounting policies outlined under IFRS and by NHSIE and the Department of Health.

To provide capital accounting and support the Senior Capital Accountant in meeting, NHSE and DHSC requests for interim and year end accounts submissions.

Milton Keynes University Hospital, in proud partnership with the University of Buckingham, is a University Teaching Hospital committed to advancing patient care through cutting-edge research and education. With a “Good” rating from the CQC and significant investment underway, this is an exciting time to join our team and grow your career.

As a medium sized general hospital, we provide a full range of general medical and surgical services, including a busy Emergency Department, Maternity, and Paediatrics. As the population of our city and surrounding areas continues to grow rapidly, we are expanding and enhancing our facilities to meet rising demand and improve access to care for all our communities.

We are also proud to offer a growing portfolio of specialist services. In January 2025 we opened our state-of-the-art Radiotherapy Centre, bringing advanced cancer treatment closer to home. Our services also include neonatology, specialist surgical care, and a wide range of diagnostics, supported by the new Community Diagnostic Centre at Whitehouse Health Centre. We have just opened the Oak Wards - a new ward block featuring two 24-bed wards.

Further investment is underway, including the recently approved Women and Children’s Centre, set to open by 2030.

Visit our website to explore the latest news and opportunities at MKUH News - Milton Keynes University Hospital-

For further information about Milton Keynes please visit -Visit Milton Keynes

• 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.

This advert closes on Wednesday 22 Jul 2026

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