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Management Accountant

Employer
The Royal Marsden NHS Foundation Trust
Location
Chelsea
Salary
£34,089 to £41,498 per annum
Closing date
17 Jul 2024

View more

Profession
Other Health Profession
Grade
Band 5
Contract Type
Permanent
Hours
Full Time
Working closely with the Finance Manager and three Assistant Finance Managers, you will be producing high quality financial information, including analysis of grants, commercial trial finances, monthly management accounts and forecasts.

You will be looking to develop your skills in providing sound support and advice to the research teams to help manage their research portfolio finances. You will have excellent communication skills and be highly computer literate, with excellent attention to detail.

Main duties of the job

To assist in the provision of an efficient and professional management accounting service to Departments within the Division/Directorates and the Trust.

The focus of this post will be the production of budget reports from the ledger, investigation of variances from plan and ensuring that any necessary changes are identified and actioned.

About us

The Royal Marsden NHS Foundation Trust is a world-leading cancer centre. Our role is to offer our patients the best cancer care available anywhere in the world, and to continue to make a global contribution to finding better ways of diagnosing and treating cancer. We employ over 4,500 staff in a diverse range of careers including nursing, medical, science, radiography, pharmacy, occupational therapy, finance and administrative services. We have two hospitals - one in Chelsea, London, and one in Sutton, Surrey - as well as a Medical Daycare Unit in Kingston Hospital

At The Royal Marsden, we deal with cancer every day, so we understand how valuable life is. When people entrust their lives to us, they have the right to demand the very best. That's why the pursuit of excellence lies at the heart of everything we do.At the heart of the hospital is our dedicated team. We offer a stimulating and dynamic working environment, a wide range of staff benefits, learning and development opportunities and clear career pathways. There are opportunities to work flexibly across a range of areas and specialities and we welcome flexible working requests from point of hire to support employees work life balance. We are looking for employees who aspire to excellence, share our values and can play a crucial role in our on-going achievements.

Job description

Job responsibilities

For further information on this role, please see the attached detailed Job Description and Person Specification.
1. To identify, investigate and obtain explanations for significant variances and to discuss these variances with budget holders and managers. 2. To meet regularly with budget holders to assess financial performance and to provide information and analysis to them. 3. To ensure that all official meetings with budget holders are documented and the outcome agreed. 4. To respond both to regular and ad-hoc requests for information from Clinical Units, wards, departments and other members of the Divisional team. 5. To assist in the annual budget setting/financial planning process: - To calculate the annual budgets for a wide range of cost centres in accordance with agreed principles and timetables and to be responsible for their input into the Finance systems. - To assist in the identification of cost pressures, service developments and cost improvements.

Person Specification

Education/Qualifications

Essential

  • Degree level or equivalent


Desirable

  • Progress towards the completion of a CCAB recognized accountancy qualification or in exceptional circumstances, to have gained experience with is considered equivalent to progress towards completion of such qualifications


Experience

Essential

  • 1-2 years experience within a finance function in a Management Accounts or Financial control role


Desirable

  • Experience within an acute hospital setting or other large complex organisation as a management accountant
  • Experience in managing Service Level Agreement portfolios and related invoicing and cost tracking


Skills/Abilities/Knowledge

Essential

  • Able to understand and apply the concepts and techniques for budgeting, financial planning, costing, pricing, variance analysis and reporting
  • Good, well presented written and verbal communication skills
  • Strong excel skills, confident in the use of pivots, vlookups, sumifs and other fomulas
  • Able to demonstrate competence in the use of the General Ledger and other financial systems within the department.
  • Able to demonstrate an ability to analyze and interpret financial data
  • Able to demonstrate strong attention to detail
  • Able to work effectively to tight deadlines, often involving the management and prioritization of multiple tasks with conflicting priorities.
  • Able to demonstrate an understanding of the link between financial data and influencing factors
  • Able to demonstrate an understanding of the rationale for budgetary control, Standing Financial Instructions/Standing Orders and the means for ensuring that they are adhered to
  • Able to deal quickly with questions and information requests and to respond in a way in which non-finance staff will understand and can make use of
  • Able to demonstrate an active interest in the development of their skills, experience and career.


Desirable

  • Able to demonstrate competence in the use of other software packages eg Oracle and Qlik Sense


Employer details

Employer name

The Royal Marsden NHS Foundation Trust

Address

The Royal Marsden Chelsea

Chelsea

SW3 6JJ

Any attachments will be accessible after you click to apply.

282-OD1246025

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