Financial Reporting Manager

Gloucestershire Hospitals NHS Foundation Trust; Gloucester; On-site; GBP 65,000 - 90,000; Full time

Job summary

Gloucestershire Hospitals NHS Foundation Trust seeks an experienced Financial Reporting Manager to oversee monthly income and expenditure reporting, forecasts and financial analysis. You will lead reconciliations between the general ledger and reporting systems and drive improvements in forecasting tools and reporting platforms.

The role involves guiding budget setting, sign-off, audit-ready working papers and coaching staff within the Corporate Finance team.

Qualifications

• Part qualified professional accountancy qualification.
• Advanced Excel skills including pivots and data analysis.
• Strong knowledge of budgetary control systems, financial reporting and forecasting.
• Experience of financial management within a large organisation.
• Excellent written and verbal communication, project management and organisational skills.

Responsibilities

• Lead the production of accurate monthly income and expenditure reporting and a verified forecast outturn position.
• Maintain robust reconciliations and audit trails between the general ledger and finance reports.
• Develop the general ledger, reporting hierarchy, forecasting tools and other reporting platforms.
• Coordinate budget setting processes including sign-off, reconciliation and working papers for audit requirements.
• Provide financial instruction, guidance and training to budget holders and clinical staff.

Skills

Financial reporting

Forecasting

Budget management

Analytical thinking

Stakeholder communication

Education

Part qualified professional accountancy qualification

Tools

Microsoft Excel

Job description

The Financial Reporting Manager provides a high-quality, timely and comprehensive financial reporting service across financial management, financial services and cost improvement programmes. Working within the Financial Management Team, the post supports the Trust and individual departments in achieving their financial objectives and implementing national and local policies., The role leads monthly reporting, including reconciliations, audit trails, budget management, reserve allocations and forecasting, and provides financial analysis to support strategic decision-making. It also delivers financial advice, guidance and training, improves reporting processes and strengthens organisational controls.,

Lead the production of accurate and timely monthly income and expenditure reporting, including a verified forecast outturn position.

• Maintain robust reconciliations and audit trails between the general ledger and finance reports, including the budget master file and control of reserve allocations.
• Lead the continued development of the general ledger, reporting hierarchy, forecasting tools and other reporting platforms to improve the efficiency and effectiveness of internal and external reporting.
• Facilitate the timely and accurate completion of budget setting, including sign-off, reconciliation and the retention of appropriate working papers to meet audit requirements.

Professional Development, Education and Training

• Provide financial instruction, advice, guidance and training to budget holders, clinical staff, senior managers and finance colleagues.
• Share expert accounting and business knowledge and support colleagues to interpret complex financial information.
• Maintain professional knowledge and skills and apply relevant professional standards, Standing Financial Instructions and Trust policies.
• Support the development of staff within the Corporate Finance team through coaching, feedback and appropriate learning opportunities.

Management and Leadership

• Manage resources across the Corporate Finance team, including direct and dotted-line responsibilities, to make effective use of staff time and support development.
• Lead change and process improvement, strengthening organisational controls and promoting consistent, high-quality financial reporting.

Planning and Organisation

• Plan and coordinate monthly reporting, forecasting and budget-setting timetables to meet Trust deadlines.
• Develop robust key performance indicators for the business partnering service and monitor delivery against short- and medium-term objectives.
• Prioritise a varied and sometimes unpredictable workload, using initiative to resolve problems and obtain information from colleagues.
• Coordinate working papers and evidence to support audit requirements, annual accounts and reference cost returns.
• Respond to ad hoc financial reporting requirements and support strategic decision-making with clear analysis.

Communications and Working Relationships

• Build effective working relationships with Financial Management, Financial Services, budget holders, clinical teams, senior managers and other stakeholders.
• Present highly complex and sensitive financial information clearly to audiences with different levels of financial experience.
• Use advanced influencing, negotiation and persuasive skills where information is contentious or there are significant barriers to acceptance.
• Attend stakeholder meetings as a key finance lead and provide clear written and verbal responses on financial performance issues.
• Work collaboratively with finance colleagues to identify common priorities and provide mutual support in achieving objectives.

Other

• Support the Financial Management Team during the annual accounts and costing cycles.
• Process Trust-wide provisions and budget updates under the instruction of the Associate Director of Financial Management.
• Participate fully in the work of the Financial Management Team and support Trust and departmental financial objectives.
• Undertake other duties appropriate to the role as required by senior finance staff.

• Part qualified professional accountancy qualification
• Advanced training or demonstrable expertise in Microsoft Excel, including spreadsheets and pivot tables, Evidence of continuing professional development relevant to financial management and reporting., Strong knowledge of budgetary control systems, procedures, financial reporting and forecasting.
• Advanced computer literacy, including Microsoft Office, Excel and computerised financial systems.
• Excellent written and verbal communication, presentation, influencing, negotiation, project management and organisational skills., Financial management experience within a large organisation.
• Appropriate experience of using computerised financial systems.
• This role sits in a high performing finance team which has achieved Level 2 One NHS Finance Towards Excellence Accreditation, illustrating a culture where staff feel appreciated and successes are celebrated