Skip to main content

This job has expired

Management Accountant - Band 6 - Financial Management

Employer
West Suffolk NHS Foundation Trust
Location
Bury St. Edmunds
Salary
£35,392 to £42,618 a year
Closing date
8 Jun 2023

View more

Profession
Other Health Profession
Grade
Band 6
Contract Type
Permanent
Hours
Full Time
An opportunity has arisen for a highly motivated individual to join our Financial Management team in delivering an effective service supporting the Surgery and Anaesthesia Division

The post holder will provide financial advice and management accounting support on all aspects of financial management, including liaising with budget holders, maintenance of monthly reporting, forecasting and budget setting.

The successful candidate will be motivated, be able to demonstrate the ability to work effectively in a small team, have good professional skills and possess excellent communication skills.

Main duties of the job

The post holder will be responsible for providing a proactive management accounting service to one of the Trust's divisions. This includes working closely with Senior Managers and Clinicians within the Trust, advising on financial issues, and dealing with financial matters and enquiries.

The Management Accountant will produce monthly budget statements from the ledger in accordance with the Trust reporting timetables and high-quality financial reports and analyses, including non-financial data to identify and explain directorate variances and trends.

The post holder will support the Finance & Performance Manager and their Deputy with the division's annual budget setting, regular budget holder meetings and preparing forecasts and performance reports.

The post holder will ensure a customer focused service is delivered to the divisions and provide technical finance support to non-finance colleagues.

About us

#BeKnown at West Suffolk NHS Foundation Trust. By us. By our patients. By our community

We are a busy, friendly, rural NHS Trust providing high-quality care and compassion to more than a quarter of a million people across west Suffolk. We care for, treat and support people in hospital, at home and in various community settings.

The West Suffolk Hospital in Bury St Edmunds provides acute and secondary care services (emergency department, maternity and neonatal services, day surgery unit, eye treatment centre, Macmillan unit and children's ward). It has 500+ beds and is a partner teaching hospital of the University of Cambridge.

Adult and paediatric community services, provided in collaboration with West Suffolk Alliance partners, include a range of nursing, therapy, specialist, and ongoing temporary care and rehabilitation, some at our Newmarket Community Hospital.

We do our utmost to achieve outstanding clinical outcomes for patients and our values of fairness, inclusivity, respect, safety and team work guide how we work and behave as a team.

With nearly 5,000 staff, from all over the world, we strive to make our organisation a great place to work. Whatever your role or ambition, we want to help you be the best you can be.

We promote a diverse and inclusive community where everyones voice counts and you can #BeKnown for whoever you are.

Join us. What will you #BeKnown for?

Job description

Job responsibilities

Please see job description for full details.

KEY TASKS:

1. Produce monthly management accounts and robust forecasts in line with agreed timetable, incorporating information provided by Finance and Performance Managers

2. Carry out all month end adjustments including material accruals and prepayments, posting journals, raising

invoices, budget reconciliations and statutory record maintenance.

3. Ensure significant variances are investigated by interrogating the financial ledger sub-systems and other information systems, liaising with budget holders and other Finance colleagues.

4. Present information in a systematic and informative style ensuring accuracy and consistent cross referencing at all times

5. Provide detailed notes based on the management accounts for Finance and Performance Managers to inform Performance review meetings and the monthly Board report

6. Meet regularly (monthly where there are concerns, less frequently where not) with both clinical and non-clinical budgets holders to focus on resolving queries. Actions from these meetings to be documented with any specific requests for information and analysis passed onto the appropriate Business Analyst and any specific concerns being passed onto the Finance and Performance Manager.

7. Produce annual budget in line with agreed timescales through discussions with budget holders, information provided by Finance and Performance Managers and other Finance colleagues.

8. Support communication of information between budget holders and other Finance departments.

9. Maintain the departmental establishment control system to support budget holders and the vacancy control panel in recruitment to funded posts.

10. Ensure all sales invoices are raised appropriately and in a timely manner

11. Assist the Credit Control Officer in maintaining the debtors ledger, by following up non-payment of invoices.

12. Provide training to budget holders and other key stakeholders in budget management and control.

13. Provide ad-hoc costings and investigations as required

14. Provide information and support to aid contract discussions and negotiations as well as in order to meet any contractual requirements

15. Provide regular and ad-hoc reports and analysis to internal stakeholders from a Trust wide perspective (e.g. Trust wide CIP schemes, budget setting summary and annual planning)

16. Any other duties and ad-hoc support as required by the Finance Manager Management Accounts.

Person Specification

Skills & Abilities

Essential

  • Excellent interpersonal skills
  • The ability to understand complex stakeholders needs quickly and respond effectively to them
  • Sound knowledge of NHS Policy and its application to Finance (including activity)
  • Understanding of Finance IT Systems


Desirable

  • Analytical skills and high levels of persuading and influencing skills
  • Sound understanding of payment by results (PbR)
  • Contextualise business reporting through an understanding of both financial and non-financial


Experience

Essential

  • Proved financial management skills
  • Proven analytical and presentation skills
  • Knowledge of financial processes
  • Prepare and present financial information to senior managers including executive directors
  • Experience of budget management in highly complex environment
  • Advanced computer skills, especially in relation to modelling (spread sheets), reporting and use of accounting systems.


Desirable

  • Experience of changing processes
  • Experience of reporting and monitoring of non- financial information


Qualifications

Essential

  • Part qualified CCAB or equivalent


Desirable

  • Degree level qualification


Personal Qualities

Essential

  • Ability to work well within a team
  • Self reliant, with personal initiative and drive
  • Good organisational skills Good presentation skills
  • Good communicator at all levels Critical, but constructive in approach
  • Influence business decisions through reports, presentations and discussions with senior managers and directors
  • Ability to manage conflicting demands and plan appropriately


Desirable

  • Forward thinking results orientated
  • Professional & confident individual who exhibits a strong presence and leadership potential
  • Innovative thinker
  • Committed to continuing personal development


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.

Certificate of Sponsorship

Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab) .

From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab) .

Employer details

Employer name

West Suffolk NHS Foundation Trust

Address

West Suffolk Hospitals Nhs Trust

Hardwick Lane

Bury St. Edmunds

Suffolk

IP332QZ

Any attachments will be accessible after you click to apply.

C9179-23-4021-P

Get job alerts

Create a job alert and receive personalised job recommendations straight to your inbox.

Create alert