Management Accountant

Health Jobs UK; City Of London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A local NHS Trust in London seeks a proactive individual for the Financial Management Team. This role involves budget preparation and financial analysis supporting Children's and Adult Services. The ideal candidate will have AAT qualifications and strong analytical skills. This position offers a collaborative work environment focused on financial performance management across healthcare services.

Qualifications

• AAT Qualified or starting CCAB qualification.
• Sound spreadsheet and word processing skills.
• Ability to work with finance and non-finance staff.

Responsibilities

• Support budget holders with financial performance management.
• Monitor performance against budgets, providing variance analysis.
• Prepare annual budgets and financial reports.

Skills

Sound spreadsheet skills

Ability to communicate with staff

Ability to work to strict deadlines

Analytical skills

Education

AAT Qualified or equivalent relevant experience

Job description

Covid-19 Vaccination

Getting vaccinated, and getting a booster, remains the best defence against COVID-19. We encourage and support staff to get COVID-19 vaccine and a booster dose as and when they are eligible.

Please note in order to progress your application, your data will be processed by our 3rd party recruitment providers - North London Partners Shared Service, who conduct recruitment activities on behalf of Whittington Health NHS Trust.

For our current apprenticeship vacancies, please go to https://www.gov.uk/apply-apprenticeship and use Keyword 'Whittington'

By applying for this role, you accept in the event you are successful that your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which is aimed at saving you time and improving efficiencies within the NHS when your employment transfers.

Job Overview

An opportunity has arisen for an enthusiastic, pro-active individual to join the Financial Management Team at Whittington Health supporting Children and Young People (CYP) and Adult Community Services (ACS) Divisions.

You will provide financial management support to the above Divisions. This will require active engagement with clinical and non-clinical teams in financial performance management, cost improvement development and ensuring that the financial planning process is sound.

Main Duties of the Job

You will be required to support the Financial Management team in the provision of a comprehensive management accounting service, including responsibility for a range of specified budgets to provide support and advice to non-finance managers / budget holders.

The service includes preparation of annual budgets, monitoring and reporting performance against budgets including variance analysis; analysing unit / activity costs, evaluating cost improvement programmes and monitoring achievement against targets. In addition, the post-holder will support senior finance staff in working with, and advising, budget holders in the preparation of business plans and capital investment appraisals.

Working for our Organisation

Whittington Health serves a richly diverse population and works hard to ensure that all our services are fair and equally accessible to everyone. Nowhere is this more obvious than in the way we look after our staff. We aim to employ a workforce which is as representative as possible of this population, so we are open to the value of differences in age, disability, gender, marital status, pregnancy and maternity, race, sexual orientation, and religion or belief. The Trust believes that as a public sector organisation we have an obligation to have recruitment, training, promotion and other formal employment policies and procedures that are sensitive to these differences. We think that by doing so, we are better able to treat our patients as well as being a better place to work.

Detailed Job Description and Main Responsibilities

• Creating budgetary reports from financial information systems, distributing these to budget-holders if required, and meeting with them to discuss performance.
• Prepare and/or input expenditure and pre-payment/accrual journals
• Prepare and/or input internal transfer journals to support improved management information e.g. internal recharges, coding transfers.
• Prepare and/or input budget journals
• Ensuring that all income and expenditure is correctly accounted for in an accurate & timely basis including recharges to and from other organisations, (e.g. prudence and accruals concepts).
• Monitoring performance against budget including variance analysis.
• To respond to requests for information and queries from budget holders in a timely and professional manner, including the production of supplementary analysis using spreadsheets, ad-hoc reports from the financial systems and relevant advice on interpreting information.
• To ensure that all staff change and recruitment requests are processed promptly and with due care and attention.
• To ensure all staff are recorded and reported on the correct financial codes (subjectively and against correct budget/cost centre).
• To ensure the establishment records are updated and reconciled against payroll information on a regular basis.
• To reconcile actual and budgeted whole time equivalent (WTE) values between the establishment list and budget statements.
• To ensure that financial and manpower information is prepared and reconciled in time to meet the financial reporting timetable.
• To provide input into the forecasting template
• To meet with budget-holders as required.
• To be able to provide informal training to budget-holders on financial issues.
• To provide on the job training, in own areas of responsibility, to other staff as necessary.
• To contribute towards the production of information for inclusion in the Trust's Annual Statutory Accounts, in accordance with professional Accounting Standards and NHS guidelines, and in line with the National timetable.
• To ensure that appropriate working papers are prepared for provision to the External Auditors.

Person Specification

EDUCATION/QUALIFICATIONS

• Essential criteria: AAT Qualified OR commencing CCAB qualification (post-graduate, professional accountancy qualification - minimum entry requirement is degree level) OR equivalent relevant experience

SKILLS & ABILITIES

• Essential criteria:
  • Sound spreadsheet skills/data manipulation
  • Sound word processing skills
  • Ability to communicate, formally and informally, written and verbally, with both finance and non-finance staff
  • Ability to work to strict deadlines often with competing demands on time
  • Ability to interpret complex technical written guidance and procedures
• Desirable criteria:
  • High level of analytical skills and ability to interpret and explain results to both finance and non-finance staff.

KNOWLEDGE & EXPERIENCE

• Essential criteria:
  • Understanding of equal opportunities and diversity.
  • Knowledge of and ability to maintain integrity of financial data in General Ledger systems.
• Desirable criteria:
  • Understanding of NHS financial regime and Professional Accounting Standards
  • Awareness of Payment by Results guidance.
  • Budgeting & Financial Planning
  • Ability to create reports from a variety of financial systems

PERSONAL QUALITIES

• Essential criteria:
  • Ability to meet challenging deadlines
  • Ability to plan own work, in line with agreed objectives.
• Desirable criteria:
  • Interpersonal skills suitable for liaison with wide range of healthcare professionals

SAFEGUARDING CHILDREN AND ADULTS

To comply with the Trust's Safeguarding Children and Adults policies, procedures and protocols. All individual members of staff (paid or unpaid) have a duty to safeguard and promote the welfare of children, young people and vulnerable adults This will require you to:

• Ensure you are familiar with and comply with the London Child Protection Procedures and protocols for promoting and safeguarding the welfare of children and young people.
• Ensure you are familiar and comply with the London Multi Agency Safeguarding Vulnerable Adults Pan London Procedures.
• Ensure you are familiar and comply with local protocols and systems for information sharing.
• Know the appropriate contact numbers and required reporting lines.
• Participate in required training and supervision.
• Comply with required professional boundaries and codes of conduct

Whittington Health is committed to safeguarding all children and vulnerable adults and expects all staff and volunteers to share this commitment.