Management Accountant

Whittington Hospital NHS Trust

This job is now closed

Job summary

An opportunity has arisen for an enthusiastic, pro-active individual to join the Financial Management Team at Whittington Health supporting Emergency & Integrated Medicine and Surgery & Cancer ICSUs

You will provide financial management support to the above Integrated Clinical Service Units (ICSUs). 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 Finance 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 work with and advise budget holders in the preparation of business plans and capital investment appraisals.

About us

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.

Date posted

20 September 2024

Pay scheme

Agenda for change

Band

Band 5

Salary

£35,964 to £43,780 a year per annum inclusive of HCAS

Contract

Permanent

Working pattern

Full-time, Home or remote working

Reference number

220-WHT-2581

Job locations

Whittington Hospital NHS Trust

Highgate Wing, Dartmouth Park Hill, London N19 5JG

London

N19 5JG

Job description

Job responsibilities

Creating budgetary reports from financial information systems, distributing these to budget-holders and meeting with them to discuss performance.

To be able to perform the following duties competently by the required deadlines: -

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, (eg. 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 forms 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 Trusts 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.

Job description

Job responsibilities

Creating budgetary reports from financial information systems, distributing these to budget-holders and meeting with them to discuss performance.

To be able to perform the following duties competently by the required deadlines: -

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, (eg. prudence and accruals concepts).

Monitoring performance against budget including variance analysis.

To ensure that all staff change and recruitment forms 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 ensure that appropriate working papers are prepared for provision to the External Auditors.

Person Specification

EDUCATION/ QUALIFICATIONS

Essential

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

SKILLS & ABILITIES

Essential

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

High level of analytical skills and ability to interpret and explain results to both finance and non-finance staff.

KNOWLEDGE & EXPERIENCE

Essential

Understanding of equal opportunities and diversity.
Knowledge of and ability to maintain integrity of financial data in General Ledger systems.

Desirable

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

Ability to meet challenging deadlines
Ability to plan own work, in line with agreed objectives.

Desirable

Interpersonal skills suitable for liaison with wide range of healthcare professionals

Person Specification

EDUCATION/ QUALIFICATIONS

Essential

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

SKILLS & ABILITIES

Essential

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

High level of analytical skills and ability to interpret and explain results to both finance and non-finance staff.

KNOWLEDGE & EXPERIENCE

Essential

Understanding of equal opportunities and diversity.
Knowledge of and ability to maintain integrity of financial data in General Ledger systems.

Desirable

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

Ability to meet challenging deadlines
Ability to plan own work, in line with agreed objectives.

Desirable

Interpersonal skills suitable for liaison with wide range of healthcare professionals

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.