Band 7 Senior Management Accountant

Royal Free London NHS Foundation Trust; London; On-site; GBP 54,000 - 61,000; Full time

Job summary

Join a prestigious healthcare organization as a Senior Management Accountant, where you will oversee financial processes for the Private Patients Unit. This role offers the opportunity to lead budgeting, financial reporting, and pricing strategies in a dynamic environment. You will collaborate with various departments, providing insights and support to enhance financial performance. With a commitment to excellence and innovation, this role is perfect for a dedicated professional looking to make a significant impact in private healthcare. Embrace this chance to advance your career while contributing to world-class patient care.

Qualifications

• Qualified CCAB accountant with experience in financial reporting and analysis.
• Strong knowledge of IFRS accounting standards and internal controls.

Responsibilities

• Lead month-end process ensuring timely and accurate financial reporting.
• Manage costing and pricing activities for the Private Patients Unit.

Skills

Financial Reporting

Costing Management

Budgeting and Forecasting

Line Management

IFRS Accounting Standards

Business Partnering

Education

Qualified CCAB or equivalent

Job description

Our current vacancies

If you want to be part of the Royal Free London team, search our current vacancies below to find the job for you.

Band 7 Senior Management Accountant - PPU

NHS AfC: Band 7

Main area Finance Grade NHS AfC: Band 7 Contract Fixed term: 6 months (6 months) Hours Full time - 37.5 hours per week Job ref 391-RFL-7145208

Site Private Patients Unit, Royal Free Hospital Town London Salary £54,320 - £60,981 per annum inclusive of HCAS Salary period Yearly Closing 11/05/2025 23:59

Job overview

This role is for a skilled and experienced accountant seeking a position beyond that of a normal NHS finance role. The individual will be responsible for supervising and hands on delivery of timely, complete, and accurate results, plans,, insights and support on the finances and accounts of the Private Patients Unit (PPU) at the Royal Free NHS FT. This includes implementation of the financial close/period end processes, management accounts preparation/presentation, budgeting/forecasting, finance business partnering, costing , pricing/tariff analysis including price quotations support (Self pay, Private Medical Insurance & Embassy), team supervision/management and day to day financial support with patient/payer/provider matters. The individual will be a senior member of the PPU finance team and will report to the Associate Director of Commercial Finance.

The Royal Free London Private Patients Unit (PPU) is part of the Royal Free London NHS Foundation Trust. It combines the convenience, comfort, and personalised care of a private hospital with the state-of-the-art services, technology and professional excellence that would be expected from a top London teaching hospital. It provides care to non-NHS national and international patients and all profit generated is reinvested into the trust

Main duties of the job

· To lead and take complete ownership of the month end process for the Private Patients Unit, ensuring the financial position is complete and accurate and finalised in a timely manner. This includes preparing all journals, prepayments, accruals etc.

· To prepare appropriate financial reports to set timelines with written analysis / commentaries for the various service line senior managers enabling them to manage their areas of the business, analysing reasons for under / over performance and ensuring that the likely full year outcome is well explained.

· To manage all costing and pricing activities for the Private Patients unit, including proposals for new business and ongoing service pricing.

· Oversee the management of Private Medical Insurance (PMI), self-pay, and embassy tariffs, actively contributing to contract negotiations.

· To provide direct line manage the credit control, treasury and billing supervisors ensuring all deadlines are met whilst completing work to a high standard

· To business partner with other departments within PPU and the Trust and to help teams manage their budgets.

· To lead budget holder meetings ensuring the department fully understands their budgets, expenditure and income.

· To manage and oversee day to day patient and consultant related queries

Working for our organisation

Our trust has over 17,000 staff serving 2 million patients every year. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital and more than 30 services in the community. This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.

Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers’ money, being safe and meeting our external duties, and building a strong organisation.

Everyone is welcome at Royal Free London NHS Foundation Trust. We're proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.

Detailed job description and main responsibilities

Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.

Person specification

Experience

• Qualified CCAB or equivalent

Experience

• Financial Reporting and analysis

Experience

• Experience of working in private healthcare

Knowledge

• Thorough experience and up to date knowledge of IFRS accounting standards and internal financial controls

Disposition and Attributes

• Ability to work under pressure and meet objectives with conflicting deadlines

Disposition and Attributes

• Treats others with Integrity and respect

Experience

• Experience of line management of staff

Experience

• Costing, business cases and tariff management

Experience

• Financial planning and forecasting to deliver targets

Employer certification / accreditation badges

The postholder will have access to vulnerable people in the course of their normal duties and as such this post is subject to the Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 (Amendment) (England and Wales) Order 2020 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service to check for any previous criminal convictions.

Name Max Bogaert Job title Senior Management Accountant Email address [e-mail] Telephone number 07739764879 Additional information

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