Finance Manager

Stockport Medical Group; Stockport; On-site; GBP 40,000 - 55,000; Full time

Job summary

A progressive GP Practice in Stockport is looking for an experienced Finance Manager to oversee financial management. The successful candidate will manage accounts, budgets, and financial reporting while working closely with the management team. Strong experience in healthcare finance along with relevant qualifications is essential to ensure compliance and strategic guidance in an evolving practice environment.

Qualifications

• Significant experience of managing finances in a healthcare setting.
• Experience in a financial environment.
• Experience of producing financial reports and forecasts.

Responsibilities

• Produce and reconcile monthly management accounts for the practice.
• Monitor budgets and produce Budget v Actuals by department.
• Forecast all staffing costs, income and expenditure for the full year.

Skills

Effective verbal and written communication skills

Computer literate with a good working knowledge of Microsoft Office, especially Excel

Team working skills and ability to work on own initiative

Ability to work under pressure and to meet deadlines

Understanding of the confidential nature of the work

Education

Educated to A level standard or equivalent

Association of Accounting Technicians (ATT) Qualification or equivalent relevant experience

Tools

Microsoft Excel

Accounts software (e.g., Xero)

Job description

Job summary

Job Summary

Are you an experienced Finance Manager looking for anopportunity to work with an ambitious, forward-thinking [RSG] GP Practice thatis keen to develop its opportunities?

We are seeking to recruit a committed and motivated Managerof finance who would like to join our friendly and diverse practice team. Weare a high achieving, GP practice, committed to providing the highest qualityof care for our 18,000+ patients. We are also a growing Practice, one that iskeen to attract candidates who can help maximise the opportunities from anincreasing patient list size. Subsequently, we recognise the benefits of arecognised Finance Manager role within the organisation and the specialisedknowledge such a role would bring to our current management team consisting ofa Practice Business Manager, HR Manager, Nurse Lead and Operational Manager.

Main duties of the job

Main Duties of the Job

You will direct the Stockport Medical Group in all areas offinance management working closely with key staff and our accounting partners.You will coordinate account management activities, financial forecasting andstrategy as well as providing guidance to the partnership and relevantline-managers. You will develop current processes and keep up to date with anystatutory responsibilities regarding financial governance. You will bereporting to the Practice Business Manager. This role supports the guiding strategicdirection of the organisation.

About us

Stockport Medical Group is located within South Manchester and is enthusiastically involved in the delivery and development of primary care services in the locality. With a thriving GP Partnership, keen on developing to meet current opportunities while dealing with clear pressures in a pragmatic manner, our teams drive forward efforts to imporve, be innovative and efefctive. From our management team to our salaried GPs, nursing team and none-clinical staff, we all align to a collective aim.

Job description

Job responsibilities

Key Responsibilities:

• Produceand reconcile monthly management accounts for the practice.
• Monitorbudgets and produce Budget v Actuals by department and review with Budgetholders on a regular basis.
• Forecastall staffing costs, Locum, income and expenditure for full year and maintain ona monthly basis.
• Reconcilebank accounts
• Monitorand reconcile funded income and expenditure from various sources
• Monitorall contract payments from: NHS England, ICB, and any other external clients
• Work withthe Operations Manager to administer the claims invoicing process for allenhanced services, CQRS claims, room rentals, retainer and returner, supplierinvoice, PCN and other external income
• Liaisewith NHS England and the ICB regarding queries with income relating to thecontract and all additional items such as enhanced services and superannuation& AVC contributions (fees and allowances overview) Work with Ops manager
• Ensureaccurate pay details/budget codes are maintained by HR and Payroll to enableaccurate Finance reporting
• To workwith the Operations Manager to ensure appropriate contributions to the practicepension scheme(s) in liaison with the payroll provider and reconcile pensioncontributions against balance sheet.
• Prepareclaims for GP Training/Trainees and ensure correct reimbursements are received
• Prepareyear end records for prompt submission to the practice accountant
• Prepareany other mandatory financial requirements for the Company.
• Liaisewith the practice accountant, bank, creditors and debtors.
• Workingclosely with the management team to provide financial insights
• Ensuringcompliance with financial regulations and industry-specific requirements
• MonitorRing Fenced monies on a rolling basis

Job description
Job responsibilities

Key Responsibilities:

• Produceand reconcile monthly management accounts for the practice.
• Monitorbudgets and produce Budget v Actuals by department and review with Budgetholders on a regular basis.
• Forecastall staffing costs, Locum, income and expenditure for full year and maintain ona monthly basis.
• Reconcilebank accounts
• Monitorand reconcile funded income and expenditure from various sources
• Monitorall contract payments from: NHS England, ICB, and any other external clients
• Work withthe Operations Manager to administer the claims invoicing process for allenhanced services, CQRS claims, room rentals, retainer and returner, supplierinvoice, PCN and other external income
• Liaisewith NHS England and the ICB regarding queries with income relating to thecontract and all additional items such as enhanced services and superannuation& AVC contributions (fees and allowances overview) Work with Ops manager
• Ensureaccurate pay details/budget codes are maintained by HR and Payroll to enableaccurate Finance reporting
• To workwith the Operations Manager to ensure appropriate contributions to the practicepension scheme(s) in liaison with the payroll provider and reconcile pensioncontributions against balance sheet.
• Prepareclaims for GP Training/Trainees and ensure correct reimbursements are received
• Prepareyear end records for prompt submission to the practice accountant
• Prepareany other mandatory financial requirements for the Company.
• Liaisewith the practice accountant, bank, creditors and debtors.
• Workingclosely with the management team to provide financial insights
• Ensuringcompliance with financial regulations and industry-specific requirements
• MonitorRing Fenced monies on a rolling basis

Person Specification

Qualifications

Essential

• Educated to A level standard or equivalent.
• Intermediate level using Microsoft Word and Excel
• Association of Accounting Technicians (ATT) Qualification or equivalent relevant experience

Skills

Essential

• Effective verbal and written communication skills
• Computer literate with a good working knowledge of Microsoft Office, especially Microsoft Excel
• Ability to work under pressure and to meet deadlines
• Team working skills and ability to work on own initiative
• Flexible approach to work
• Understanding of the confidential nature of the work
• Significant experience of managing finances in a healthcare setting

Experience

Essential

• Experience in a financial environment.
• Experience of producing financial reports and forecasts.
• Reconciling and managing bank accounts
• Knowledge of accounts software

Desirable

• Understanding of funding streams in General Practice
• Previous payroll experience and understanding of NHS pensions
• Experience of Accounts software Xero

Person Specification
Qualifications

Essential

• Educated to A level standard or equivalent.
• Intermediate level using Microsoft Word and Excel
• Association of Accounting Technicians (ATT) Qualification or equivalent relevant experience

Skills

Essential

• Effective verbal and written communication skills
• Computer literate with a good working knowledge of Microsoft Office, especially Microsoft Excel
• Ability to work under pressure and to meet deadlines
• Team working skills and ability to work on own initiative
• Flexible approach to work
• Understanding of the confidential nature of the work
• Significant experience of managing finances in a healthcare setting

Experience

Essential

• Experience in a financial environment.
• Experience of producing financial reports and forecasts.
• Reconciling and managing bank accounts
• Knowledge of accounts software

Desirable

• Understanding of funding streams in General Practice
• Previous payroll experience and understanding of NHS pensions
• Experience of Accounts software Xero

Disclosure and Barring Service Check

This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.

Employer details

Employer name

Stockport Medical Group
Address

1-3 Avondale Road

Edgeley

Stockport

SK3 9NX

Employer's website