Directorate Management Accountant

Bedfordshire Hospitals NHS Foundation Trust; Bedford, Luton; On-site; GBP 42,000 - 62,000; Full time

Job summary

Bedfordshire Hospitals NHS Foundation Trust is seeking an experienced finance professional to join the Financial Accounts, Management Accounts and Contracting team across Bedford and Luton sites. The role supports budget holders and provides in-depth financial analysis to aid decision-making.

Travel between sites may be required, with a focus on delivering timely, accurate statements and financial insights.

Qualifications

• Graduate or equivalent experience.
• Part qualified CCAB / CIMA or equivalent experience.
• Desirable: CCAB / CIMA Qualified.

Responsibilities

• Produce timely and accurate monthly financial statements for Directorates.
• Support budget holders to achieve financial targets with complex information.
• Report Directorate financial position to Finance Manager monthly.

Skills

Management accounting

Income & expenditure accounting

Forecasting

Data analysis

Communication

Education

Graduate or equivalent

Part qualified CCAB / CIMA

Tools

GL

Spreadsheet skills

Access databases

Job description

Detailed job description and main responsibilities

The Finance Team has over 50 members of staff working in Financial Accounts, Management Accounts and Contracting across the Bedford and Luton Sites. It is a great place to work where we support learning and development of our staff. We have an excellent track record of supporting, developing and promoting our staff internally.

We are also proud to hold the following employer accreditations

• Level 3 accredited One NHS Finance employer


• ACCA Approved Employer Programme


• CIMA Premier Partner


• AAT Employer Scheme

Main responsibilities include

• To produce timely and accurate financial statements for Directorates on a monthly basis.


• To support budget holders in managing their financial position such that the Trust is able to achieve its financial targets. This will include providing complex and sensitive information, and will require skills of negotiation and persuasion.


• To support negotiations with NHS and external organisations over cost / service issues.


• To report Directorates financial position to the Finance Manager (FM) to allow aggregation of the Trust's financial position on a timely monthly basis.


• To assist in the Directorate's procurement strategy to minimise cost incurred.


• To analyse complex financial trends involving many streams of data and forecast financial expenditure, using own initiative to make appropriate assumptions.


• To assist senior financial managers &clinicians with financial decision making and risk mitigation through in depth analysis of activity / income.


• To prepare annual Directorate budgets for service planning, supporting budget holders through the budget setting process.


• To monitor & control budgetary changes throughout the year for relevant Directorates and to propose changes to the control procedures which impact on other team members' areas.


• To provide ad hoc support to FM, Director of Finance & other team members in planning projects that impact across the department and the organisation.


• To help co-ordinate work of other staff members in section and to allocate and check the work to junior staff members and to deliver appropriate training to new / junior staff members.


• Review of activity and income on a monthly basis, to ensure activity is recorded and reflected on SLR.


• Costing for business cases, including for activity, income and expenditure.

Person specification

Qualifications

Essential criteria

• Graduate or equivalent experience


• Part qualified CCAB / CIMA or equivalent experience

Desirable criteria

• CCAB / CIMA Qualified

Experience

Essential criteria

• Management accounting experience including income and expenditure accounting and reporting.


• Forecasting and analysing financial trends


• Experience of analysing financial trends, forecasting expenditure and using initiative to make appropriate assumptions

Desirable criteria

• Management accounts experience in an NHS provider


• Building effective working relationships with senior leaders

Personal Skills

Essential criteria

• Written and verbal communication skills


• Ability to explain financial information to non finance professionals


• Prioritising both predictable and unpredictable workloads

Desirable criteria

• Good report writing skills


• Access database skills

Other skills

Essential criteria

• Plan, Manage and ability to prioritise.


• Manage both predictable and unpredictable workloads


• Computer literate with good spreadsheet skills and knowledge of GL

Desirable criteria

• Good report writing skills work as part of a team

Knowledge

Essential criteria

• Knowledge of financial processes and practices gained through practical experience.

It is an exciting time to join Bedfordshire Hospitals NHS Foundation Trust. We run two busy hospital sites in Bedford and Luton. Our 7,500 staff provide high quality care for a growing population of around 700,000 across Bedfordshire and the surrounding areas.

You will be joining a friendly, high performing Trust committed to ensuring the health and wellbeing of staff. As one of the largest NHS Trusts in our region you will have access to a programme of high quality training and development to help you grow your career. Travel between hospital sites may be required. We have state-of-the art facilities placing us at the heart of cutting edge health care. The Trust continues to be committed to delivering the best patient care using the best clinical knowledge and technology available.

All new staff will be subject to a probationary period covering their first six months in post.