Senior Management Accountant

Job description

Job responsibilities

Key Responsibilities

Financial Reporting & Analysis

• Prepare monthly and quarterly management accounts, including profit and loss statements, balance sheets, and cash flow forecasts.

• Reconcile the monthly transactions for each cost centre, liaise with budget holdersto clarify the expenditure and any queries on categorisation

• Analyse variances between actual and budgeted results,identifyingtrends and areas for improvement, report to Director of Finance and Corporate Services.

• Ensure that invoicing,accrualsand prepayment schedules are in order and calculations areaccurate

• Prepare year-end accounts, including all reconciliations and resolving queriesand liaise with external accountants for finalisation and audit preparation.

• Assistwith creating a new set of management accounts pack including setting the coding in the accounting software and designing the reports

Budgeting & Forecasting

• Support the annual budget-setting process in collaboration with the Practice Managers,Partnersand Directors

• Prepare budget templates which are user-friendly, well- developed to accommodate any changes and efficient.

• Develop financial forecasts andmonitorperformance against budgets.

• Provide financial modelling and analysis to support decision-making and long-term planning.

Income & Expenditure Management

• Monitor NHS and non-NHS income streams (e.g. GMS/PMS payments, enhanced services, QOF, private income).

• Track and reconcile PCN payments and reimbursements, including setting automated templates to track the invoicing.

• Manage staff allocationsin payroll journals, provide staff cost reports to budget holders,

Financial Compliance & Controls

• Ensure compliance with NHS financial regulations, tax obligations, and payroll legislation.

• Maintain strong internal financial controls and procedures

• Assistwith providing the documentation of the processes, review financepoliciesand procedures, ensuring that the accounting principles are applied consistently.

• Assistwith data analysis and compliance metrics for Practice Managers

Operational Support

• Advise on cost efficiency, service profitability, and funding opportunities.

• Track and report onPCN funding including reimbursements, shared roles, and service income.

• Provide financial data and insights for CQC inspections, business cases, and funding bids.

Person Specification

Essential

• Part-qualified or qualified accountant (CIMA, ACCA, ACA, or equivalent).

• Proven experience in management accounting orfinancial management.

• Strong analytical andadvancedExcel skillsincluding complex formulas and Power Query

• Experience in budgeting and forecasting

• Excellent attention to detail and accuracy.

• Ability to communicate financial information clearly to non-financial colleagues.

• Understanding of confidentiality and data protection.

Desirable

• Experience in primary care, healthcare, or NHS finance.

• Familiarity with accounting software (e.g. Xero, QuickBooks, Sage).

• Knowledge of GP Practice funding streams and NHS contracts.

Person Specification

Qualifications

Essential

• Part-qualified or qualified accountant (CIMA, ACCA, ACA, or equivalent).
• Proven experience in management accounting or financial management.
• Strong analytical and advanced Excel skills including complex formulas and Power Query
• Experience in budgeting and forecasting
• Excellent attention to detail and accuracy.
• Ability to communicate financial information clearly to non-financial colleagues.
• Understanding of confidentiality and data protection.

Desirable

• Experience in primary care, healthcare, or NHS finance.
• Familiarity with accounting software (e.g. Xero, QuickBooks, Sage).
• Knowledge of GP Practice funding streams and NHS contracts.

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

Bromley by Bow Health Partnership

Address

Alderney Building

Bancroft Road

London

E1 4DG

Employer's website

https://www.bbbc.org.uk/health-centres/ (Opens in a new tab)