Financial Analyst

Betsi Cadwaladr University Health Board; Bangor; On-site; GBP 25,000 - 45,000; Full time

Job summary

An established health organization is seeking a Financial Analyst to join their finance team in Bangor. This exciting role involves preparing and monitoring budgets, ensuring compliance with financial regulations, and analyzing complex data to support decision-making. The ideal candidate will possess strong analytical and communication skills, with a commitment to enhancing NHS services. This is a fantastic opportunity to advance your finance career while making a meaningful impact on patient care in the community. Join a supportive team dedicated to promoting equality and diversity in the workplace.

Qualifications

• AAT or equivalent qualification or relevant experience required.
• Experience in a finance environment and working with financial management systems.

Responsibilities

• Prepare and monitor income and expenditure with named budgets.
• Support budget compliance and handle complex financial queries.

Skills

Analytical Skills

Communication Skills

Interpersonal Skills

Organizational Skills

Problem Solving

Education

AAT Technician Level Qualification

ECDL or equivalent IT qualification

Tools

Oracle Financial Systems

Spreadsheets

Job description

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Job Overview

We are looking for a dynamic individual to join Ysbyty Gwynedd’s secondary care finance team (as part of the West IHC) as a Financial Analyst. Based in Bangor, you will work closely with our secondary care clinical and operational teams, helping to ensure our services maximise their value for money.

The successful post holder will have an AAT or equivalent qualification or equivalent relevant experience.

The role requires an enthusiastic and motivated individual with excellent analytical, communication and interpersonal skills with a strong commitment to value and patient care.

This is a great opportunity for those looking at furthering their finance career, as well as gaining a wider understanding and experience of the management of NHS services.

If you believe you have the skills, enthusiasm and ambition to join our team, we would love to hear from you.

The ability to speak Welsh is desirable; Welsh and/or English speakers are equally welcome to apply.

Main duties of the job

To work as part of the Management Accounting Finance

Team in the preparation, processing and monitoring of all income and

expenditure with named budgets.

To support the monitoring of all budgets, ensuring compliance with standing orders, standing financial instructions and any other Health Board or Statutory accounting standards, policies and guidelines.

Discuss and respond to / deal with queries from staff, customers or suppliers, any issues in respect of any aspect of Health Board / Delegated Budget income or expenditure, including areas of potential complexity and sensitivity. Resolution requires analysis of often complicated financial data and the interpretation and presentation of the results and recommendations for finance and non-finance staff.

Assist in the preparation of detailed service budgets (for pay, non-pay and

income), including the processing, reconciling and control of all such budgets within the Oracle Financial Systems and general ledger.

Preparation and processing of journals for inputting to the general ledger, in accordance with systems and audit controls and monthly timescales, ensuring all entries are made against to relevant and correct account codes to support monthly and annual financial performance management reporting

Working for our organisation

If you enjoy a challenge, have a passion to help others or just want a fresh start, then Betsi Cadwaladr University Health Board (BCUHB) North Wales has all the right ingredients. The largest health organisation in Wales, providing a full range of primary, community, mental health, acute and elective hospital services to a population of around 700,000, across north Wales . Join our team and get the support you need, in line with our Organisational Values and 'Proud to Lead' competence framework

Enjoy being part of working with engagement leadership at all levels, and be reassured that we are committed to promoting equality and diversity, and are pleased to welcome candidates under the "Disability Confident Employer" scheme.

Check your email account regularly. Successful applicants will receive all recruitment related correspondence through the email account registered on the application form.

Applications can be submitted in Welsh. Applications submitted in Welsh are treated no less favourably than applications submitted in English.

Detailed Job Description And Main Responsibilities

To work as part of the Management Accounting Finance

Team in the preparation, processing and monitoring of all income and

expenditure with named budgets.

To support the monitoring of all budgets, ensuring compliance with standing orders, standing financial instructions and any other Health Board or Statutory accounting standards, policies and guidelines.

Discuss and respond to / deal with queries from staff, customers or suppliers, any issues in respect of any aspect of Health Board / Delegated Budget income or expenditure, including areas of potential complexity and sensitivity. Resolution requires analysis of often complicated financial data and the interpretation and presentation of the results and recommendations for finance and non-finance staff.

Assist in the preparation of detailed service budgets (for pay. non-pay and

income), including the processing, reconciling and control of all such budgets within the Oracle Financial Systems and general ledger.

Preparation and processing of journals for inputting to the general ledger, in accordance with systems and audit controls and monthly timescales, ensuring all entries are made against to relevant and correct account codes to support monthly and annual financial performance management reporting

Person specification

Qualifications

Essential criteria

• AAT Technician Level Qualification or proven equivalent experience of ability to work at this technical and professional level.
• Evidence of continued professional development, particularly in the areas of budget and financial management, control and reporting.
  
  

Desirable criteria

• ECDL or equivalent IT qualification
  
  

Experience

Essential criteria

• Experience working within a finance environment
• Experience of working as part of a team
• Experience of computerised financial management systems and controls.
• Experience of working with people outside own immediate work area in the communication of financial information e.g analyse & report data, answer queries, telephone, .mail etc
  
  

Desirable criteria

• Experience of NHS accounting, including reconciliations, controls, and VAT rules and guidelines.
• Experience of budget setting and budgetary control, including the reporting and management and implementation of corrective action.
• Experience of dealing with external agencies and dealing with Audit queries and responses.
  
  

Knowledge

Essential Criteria

• Knowledge of financial and computerised reporting systems
• Knowledge and understanding of NHS Budgets and the need to report and control these accordingly and appropriately
• Understand the implication of current Accounting and NHS legislation as it affects the area of work
  
  

Skills

Essential criteria

• The ability to effectively organise workload and work within strict deadlines
• Excellent in the use of spreadsheets and other PC-based office applications and ability to process, analyse and interpret complex financial data, and explain the result to non-finance staff
• The ability to work as part of a team, achieving a corporate objective.
• Sound communicative skills
• Ability to process, analyse and interpret complex financial data, and explain the result to non-finance staff.
• The ability to identify errors, resolve discrepancies and handle any problems as they arise.
• Ability to exercise judgement and control.
  
  

Desirable criteria

• The ability to communicate effectively in Welsh.
  
  

Personal Qualities

Essential Criteria

• The ability to act on own initiative without supervision, and prioritise and manage workload accordingly
• Ability to deal with sensitive and confidential issues
• To demonstrate the qualities needed to work as an effective team member.
• To work accurately and adhere to strict deadlines.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Hospitals and Health Care

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