Finance Analyst

University College London Hospitals NHS Foundation Trust; City Of London; Hybrid; GBP 35,000 - 45,000; Full time

Job summary

A leading NHS Trust in London is looking for a Finance Analyst. This role involves financial management for corporate directorates including managing educational funding, planning, and cost improvements. Applicants should be CCAB qualified or equivalent with substantial NHS experience. The position offers flexibility to work remotely part of the week.

Benefits

Interest-free season ticket loan

Access to employee benefits platform

Cycle to work scheme

Qualifications

• Educated to degree level, with a strong academic record.
• Proven and substantial NHS experience within a finance function.
• Experience of using General Ledger and Financial reporting software packages.

Responsibilities

• Provide financial management services including planning and forecasting.
• Ensure funding is managed and allocated to support educational needs.
• Assemble financial reports for Trust policy and decision making.

Skills

Excellent inter-personal skills

Ability to present complex financial information

Understanding of NHS finance

Ability to manage large data sets

Education

CCAB qualified accountant/finalist or equivalent

Degree level education in finance or related field

Tools

General Ledger software

Financial reporting software

Job description

Overview

The use of AI is monitored and if applicants have used it, then they are required to declare this in their supporting statement.

This is an exciting and challenging opportunity for a dynamic and self-motivated individual to join our team as a Finance Analyst, covering corporate directorates including Workforce and Training & Education.

University College London Hospitals NHS Foundation Trust (UCLH), situated in the West End of London, is one of the largest NHS trusts in the United Kingdom and provides first class acute and specialist services both locally and to patients from throughout the UK and abroad.

Responsible to the Finance Manager and Head of Finance you will work in partnership with the relevant directors and service leads to provide an all-round financial management service including planning, forecasting, cost improvement identification and tracking and providing support to business cases.

Main duties of the job

The Trust receives approximately £40m funding annually to support education and Training and a key part of this role is to ensure the funding is managed and allocated out across the Trust to support educational needs. There is also a growing focus on Trusts to clearly demonstrate how the funding it receives is being spent and this role will be essential in developing and maintaining the financial modelling required to support this.

In addition, the role will role will oversee the Workforce Directorate which will involve a more conventional financial management service to be provided but will also offer plentiful challenges and developmental opportunities.

You will be expected to make an active contribution into the running of the Finance department, generating service improvement ideas and to deputise as and when required for the Finance Manager and Head of Finance. You will be a strong communicator and will be able to work with non-Finance staff to present complex financial information in ways which will ensure engagement and understanding.

The post holder will be based at 250 Euston Road in offices across the road from the main hospital site and there will also be the flexibility to work remotely for part of the working week.

Working for our organisation

University College London Hospitals NHS Foundation Trust (UCLH) is one of the most complex NHS trusts in the UK, serving a large and diverse population. We provide academically led acute and specialist services, to people from the local area, from throughout the United Kingdom and overseas. Our vision is to deliver top-quality patient care, excellent education, and world-class research.

We provide first-class acute and specialist services across eight sites:

• University College Hospital (incorporating the Elizabeth Garrett Anderson Wing)
• National Hospital for Neurology and Neurosurgery
• Royal National ENT and Eastman Dental Hospitals
• University College Hospital Grafton Way Building
• Royal London Hospital for Integrated Medicine
• University College Hospital Macmillan Cancer Centre
• The Hospital for Tropical Diseases
• University College Hospital at Westmoreland Street

We are dedicated to the diagnosis and treatment of many complex illnesses. UCLH specialises in women's health and the treatment of cancer, infection, neurological, gastrointestinal and oral disease. It has world class support services including critical care, imaging, nuclear medicine and pathology.

Detailed job description and main responsibilities

For the full Person Specification and more information regarding the main responsibilities of this role, please refer to the attached Job Description.

Come and be a part of the best NHS trust in England to work for, according to our staff*

* UCLH top trust to work at in England - In the most recent NHS staff survey UCLH had the highest percentage of staff who said they would recommend us as a place to work, out of all general acute or acute/community NHS trusts in England - for the third year in a row.

UCLH recognises the benefits of flexible working for staff - To find out more, visit: Flexible working.

To discover more about what makes UCLH a great place to work, visit: Why Choose UCLH?

Person specification

Knowledge & Qualifications

Essential criteria

• Educated to degree level, with a strong academic record.
• CCAB qualified accountant/finalist or equivalent knowledge and experience in a relevant finance role.
• Post graduate level education of a financial nature.

Experience

Essential criteria

• Proven and substantial NHS experience within a finance function.
• Detailed technical knowledge of NHS finance, including costing and income.
• Demonstrate experience of developing and reporting on cost improvement / productivity schemes
• Understands rationale for Standing Financial Instructions and has experience of ensuring that they are adhered to
• Experience of using General Ledger and Financial reporting software packages
• Able to work unsupervised and take decisions with minimal reference to line manager.
• Able to draw inferences from large complex information and data sets which could have major implications for Trust policy and decision making.
• Able to work confidently with large volumes of data of variable quality, presenting outputs in a clear way to enable understanding by finance, operational and clinical staff.

Desirable criteria

• Detailed knowledge of the operation of NHS Service Line Reporting.
• Experience of people management

Values

Essential criteria

• Demonstrate ability to meet Trust Values of safety, kindness, teamwork and improving

Skills & Abilities

Essential criteria

• Excellent inter-personal skills, including the ability to communicate with all levels of non-finance staff (including clinicians) from budget holders to Directors both internal and external to the Trust.
• To report findings to others in the most appropriate and easily understood manner both verbally and in writing.
• Ability to enable quick understanding of complex financial concepts and processes to a very high level and to be able to continuously develop and improve such processes.

Personal and People Development

Essential criteria

• Ability to deliver training clearly and concisely, on complex financial concepts to both finance and non-finance staff.
• Ability to manage, lead &/or work as part of teams.

Responsibilities towards promoting Equality Diversity and Inclusion

Essential criteria

• Demonstratable understanding of the Equality, Diversity, and Inclusion and/or Knowledge of the NHS obligations under the Equality Act 2010 and the Public Sector Equality Duties

At UCLH, we have a real 'One Team' ethos, and our values - safety, kindness, teamwork and improving, are central to the way we work. This is supported by our staff, who voted us as the #1 NHS Acute Trust to work for in the whole of England.

At UCLH we take equality of opportunity seriously and are committed to being a diverse and inclusive employer, with a culture that creates a real sense of belonging and trust. It is our fundamental aim, to recruit, retain and promote a diverse mix of people who are representative of our local communities. Applications are encouraged from candidates of all backgrounds, cultures, and perspectives to support our world class research, innovation and creativity.

UCLH recognises the benefits of flexible working for staff and has a dedicated policy which allows staff to apply for flexible working right from the beginning of employment. For more information please go to: Flexible working.

We offer our permanent staff an interest free season ticket loan for travel, all our staff have access to free independent and confidential support, large retail discounts, a staff discount platform, cycle to work scheme and on-site accommodation to name a few.

Additionally, UCLH Arts and Heritage's staff wellbeing programme, Creative Comfort, offers a variety of ways to engage with the arts as a member of UCLH staff. You can try out the weekly choir, weekly art club and join the Culture Club for exclusive access to free and discounted tickets for opera, exhibitions, theatre and more.

We recognise, reward and thank colleagues by nominating them for our annual Celebrating Excellence Awards, which are funded by UCLH Charity.

We are also members of www.mytrustbenefits.co.uk/ which offers discounts on high street retail stores, offers on travel deals, and also to take advantage of cash back schemes.

This vacancy may close before the current listed closing date. You are advised not to delay submitting your completed application.

Please note that all correspondence regarding your application will be via email. The emails will be sent to you via TRAC.jobs and not via NHS Jobs, we encourage you to check your inbox regularly.

Please note that if you are at present in a training position on the 2016 new junior doctor's contract and are applying for a Trust doctor role your salary will not be pay protected.

You will be placed on the appropriate point of the Trust Doctor pay scale based on your previous experience.

Please note that if you have not heard from us within 3 weeks of the closing date of the advert to assume that you have not been shortlisted on this occasion.

The Trust uses electronic new starter forms on Trac to collect personal details. Information collected is securely stored and used to set up the employee record on the ESR HR system.

For further support on submitting an application please refer to the NLPSS Applicant Toolkit: https://royalfree.pagetiger.com/cuuomnr/1

Employer certification / accreditation badges

Applicant requirements

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.

Documents to download

• Job Description (PDF, 544.3KB)
• Functional Requirements (PDF, 262.3KB)
• UCLH Values (PDF, 860.9KB)