Band 7 Senior Management Accountant - PPU

Royal Free London NHS Foundation Trust; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

An established industry player seeks a Band 7 Senior Management Accountant to oversee financial operations for the Private Patients Unit. This pivotal role involves leading month-end processes, managing financial reporting, and collaborating with various departments to ensure budgetary control. The successful candidate will contribute to contract negotiations and provide essential insights to senior management, enhancing the financial performance of the unit. Join a dynamic team committed to delivering world-class care and improving patient experiences, while enjoying a supportive work environment that values diversity and equality.

Qualifications

• Qualified CCAB or equivalent required.
• Experience in financial reporting and analysis is essential.

Responsibilities

• Lead the month-end process and ensure accurate financial reporting.
• Manage costing and pricing activities for the Private Patients Unit.
• Provide direct line management to credit control and treasury teams.

Skills

Financial Reporting

Budgeting & Forecasting

Costing

Tariff Management

Line Management

Financial Planning

Education

Qualified CCAB or equivalent

Job description

Band 7 Senior Management Accountant - PPU

Job summary
The post holder will be responsible for managing all finance and accounts for the Private Patients Unit at the Royal Free NHS FT. This includes leading the month-end process, financial reporting, budgeting & forecasting, budgetary control, finance business partnering, costing, tariff management (Self pay, Private Medical Insurance & Embassy), management of Credit Control, Invoicing & Treasury teams, and handling day-to-day financial queries.

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, accurate, and finalized in a timely manner. This includes preparing all journals, prepayments, accruals, etc.
To prepare appropriate financial reports with analysis and commentaries for service line senior managers, enabling them to manage their areas effectively, analyze performance variances, and explain the likely full-year outcome.
To manage all costing and pricing activities for the Private Patients unit, including proposals for new business and ongoing service pricing.
To oversee the management of Private Medical Insurance (PMI), self-pay, and embassy tariffs, actively contributing to contract negotiations.
To provide direct line management to the credit control, treasury, and billing supervisors, ensuring all deadlines are met with high standards.
To business partner with other departments within PPU and the Trust, assisting teams in managing their budgets.
To lead budget holder meetings, ensuring departments understand their budgets, expenditure, and income.
To oversee day-to-day patient and consultant-related queries.

About us
Our trust has over 17,000 staff serving 2 million patients annually. It includes Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital, and more than 30 community services. This large organization offers opportunities to continue pioneering work and improve patient care.
Our mission is to deliver world-class care and expertise, supported by teaching and research. We aim for excellent outcomes, patient and staff experience, value for money, safety, and organizational strength.
We value diversity and are committed to equality for LGBT+, BME, gender equality, staff carers, and people with disabilities, promoting understanding and good relations among staff.

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

Person Specification

Experience

• Essential: Qualified CCAB or equivalent
• Essential: Financial reporting and analysis
• Desirable: Experience in private healthcare

Knowledge

• Desirable: Up-to-date knowledge of IFRS standards and internal financial controls

Attributes

• Essential: Ability to work under pressure and meet conflicting deadlines
• Essential: Treats others with integrity and respect

Management Experience

• Essential: Experience of line management of staff

Additional Skills

• Desirable: Costing, business cases, and tariff management
• Essential: Financial planning and forecasting to deliver targets

Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975. A disclosure check will be required to identify any previous criminal convictions.

Certificate of Sponsorship
Applications requiring Skilled Worker sponsorship are welcome and will be considered alongside other applications. For more info, visit the relevant UK government site. From 6 April 2017, applicants must present a criminal record certificate from each country of residence in the past 10 years if they resided there for 12 months or more.

Additional Information

Details regarding the DBS check and sponsorship are reiterated here for clarity.

Employer details

Employer name: Royal Free London NHS Foundation Trust

Address: Private Patients Unit, Royal Free Hospital, Pond Street, London, NW3 2QG

Employer's website: [URL not provided]