Job summary
We have an exciting opportunity to join the Trust's costing team as a Trainee Costing Analyst. The post holder will combine on the job learning and development while playing a key role in developing the Trust's existing Patient Level Costing (PLICS) Model/Service Line reporting.
You will work with key stakeholders across the trust to use PLICs/SLR to further drive efficiency and support patient care. The post holder will support the development of the costing model in line with NHS England's Approved Costing guidance. In addition to SLR the post holder will support the Trust's annual National Cost Collection return and other mandatory cost submissions.
The candidate should demonstrate
- Understanding of ABC costing principles
- Passion for costing
- Knowledge of NHS Finance
- Ability to handle large datasets and working with systems
For those completing a recognised professional Accountancy Qualification a study package is available.
Main duties of the job
Assist the Costing Analyst and the Head of Costing in the timely and accurate production of the Trust's Patient Level Costing and Service Line Reporting (SLR). Work with the Costing Analyst to maintain the Trust's Patient Level Costing system.
Assist in the production of the Trust mandatory costing returns including the National Cost Collection (NCC).
To work with and advise non-finance staff and clinicians in respect of the SLR information and the costing process.
To assist in the continued development of Patient Level Costing across the Trust. To work with colleagues in Information Services, Clinical Coding and Learning & Development to ensure that the underlying activity data is accurate.
About us
Chelsea and Westminster Hospital NHS Foundation Trust is one of England's top-performing and safest trusts. We operate two main acute hospital sites--Chelsea and Westminster Hospital and West Middlesex University Hospital--along with award-winning clinics across North West London.
Our nearly 7,500 staff care for a diverse population of 1.5 million, providing full clinical services, including maternity, A&E, and children's services, plus specialist HIV and sexual health clinics. The Care Quality Commission rates us 'Good' in safety, effectiveness, care, and responsiveness, and 'Outstanding' in leadership and resource use.
We continually invest in our facilities, including a £30m expansion of critical care at Chelsea and Westminster and an £80m Ambulatory Diagnostic Centre at West Middlesex.
We welcome applications for flexible working arrangements, accommodating requests where possible to support our staff and patient needs.
The Trust is committed to equality and welcomes applications from all, regardless of background. Adjustments can be made for disabled candidates. Early application is advised as vacancies may close once sufficient applications are received. If you haven't heard from us within three weeks of the closing date, your application was likely unsuccessful. Employment is subject to a six-month probationary period.
Some roles may require weekend shifts at multiple sites.
Job description
Job responsibilities
Job Summary
Assist the Costing Analyst and the Head of Costing in the timely and accurate production of the Trusts Patient Level Costing and Service Line Reporting (SLR). Work with the Costing Analyst to maintain the Trusts Patient Level Costing system.
Assist in the production of the Trust mandatory costing returns including the National Cost Collection (NCC).
To work with and advise non-finance staff and clinicians in respect of the SLR information and the costing process.
To assist in the continued development of Patient Level Costing across the Trust. To work with colleagues in Information Services, Clinical Coding and Learning & Development to ensure that the underlying activity data is accurate.
Key working relation relationships
Costing Analyst
Head of Costing
Income team
Financial Management team
Financial Accounts
Information team
Divisional operational, nursing and medical teams
Roles and responsibilities
Assist the Costing Analyst to produce the monthly Service Line Reporting and costing information. Support the Costing Analyst so that the monthly SLR information is accurate and produced on a timely basis.
Assist in the continuous development of Patient Level Costing to support:
o Service Line Reporting.
o an understanding of patient level costs at all levels of the organisation in order to drive improvements in efficiency and quality in service delivery.
o the development of prices for NHS work not covered by the National Tariff and for non NHS work.
o compliance with NHS Englands Approved Costing Guidance
Assist in informing the decisions as to the appropriate methods of allocating and apportioning costs in order to facilitate the production of accurate SLR information.
Work with the Costing Analyst, Head of Costing and Finance & Business Partners to develop a rolling programme of review for all cost allocations in Service Line Reporting.
Assist in the production of the Trusts annual National Cost Collection (NCC), Education &Training and any other mandatory cost submission.
Assist in the analysis of the Trusts published National Cost Collection for presentation to Finance and non-finance and Business Managers and clinicians.
Assist the Head of Costing in the implementation and roll-out of the Qlikview reporting tool for Service Line Reporting. This includes the provision of training to Finance and Business Managers and Service Line Leads.
Work closely with the Costing Analyst, Head of Costing & other colleagues in the Financial Planning and Information teams, to ensure the necessary information processes are in place to support accurate and timely costing using the Trusts costing software UserCost
Work with Clinical and Operational colleagues to improve engagement and use of SLR, PLC and PbR information within the Trust
Work within the costing team to work with external stakeholders including NHS England, the Department of Health and other NHS organisations to report, review, revise and benchmark costing information
Keep abreast of any new or future planned changes to the structure and scope of the Payment by Results regime.
Work closely with the Directorate finance teams, to develop and improve systems and procedures for linking contract activity performance more explicitly with the directorate financial position through Service Line Reporting, in order to achieve more accurate interpretation of variances from plan and to support financial planning.
Job description
Job responsibilities
Job Summary
Assist the Costing Analyst and the Head of Costing in the timely and accurate production of the Trusts Patient Level Costing and Service Line Reporting (SLR). Work with the Costing Analyst to maintain the Trusts Patient Level Costing system.
Assist in the production of the Trust mandatory costing returns including the National Cost Collection (NCC).
To work with and advise non-finance staff and clinicians in respect of the SLR information and the costing process.
To assist in the continued development of Patient Level Costing across the Trust. To work with colleagues in Information Services, Clinical Coding and Learning & Development to ensure that the underlying activity data is accurate.
Key working relation relationships
Costing Analyst
Head of Costing
Income team
Financial Management team
Financial Accounts
Information team
Divisional operational, nursing and medical teams
Roles and responsibilities
Assist the Costing Analyst to produce the monthly Service Line Reporting and costing information. Support the Costing Analyst so that the monthly SLR information is accurate and produced on a timely basis.
Assist in the continuous development of Patient Level Costing to support:
o Service Line Reporting.
o an understanding of patient level costs at all levels of the organisation in order to drive improvements in efficiency and quality in service delivery.
o the development of prices for NHS work not covered by the National Tariff and for non NHS work.
o compliance with NHS Englands Approved Costing Guidance
Assist in informing the decisions as to the appropriate methods of allocating and apportioning costs in order to facilitate the production of accurate SLR information.
Work with the Costing Analyst, Head of Costing and Finance & Business Partners to develop a rolling programme of review for all cost allocations in Service Line Reporting.
Assist in the production of the Trusts annual National Cost Collection (NCC), Education &Training and any other mandatory cost submission.
Assist in the analysis of the Trusts published National Cost Collection for presentation to Finance and non-finance and Business Managers and clinicians.
Assist the Head of Costing in the implementation and roll-out of the Qlikview reporting tool for Service Line Reporting. This includes the provision of training to Finance and Business Managers and Service Line Leads.
Work closely with the Costing Analyst, Head of Costing & other colleagues in the Financial Planning and Information teams, to ensure the necessary information processes are in place to support accurate and timely costing using the Trusts costing software UserCost
Work with Clinical and Operational colleagues to improve engagement and use of SLR, PLC and PbR information within the Trust
Work within the costing team to work with external stakeholders including NHS England, the Department of Health and other NHS organisations to report, review, revise and benchmark costing information
Keep abreast of any new or future planned changes to the structure and scope of the Payment by Results regime.
Work closely with the Directorate finance teams, to develop and improve systems and procedures for linking contract activity performance more explicitly with the directorate financial position through Service Line Reporting, in order to achieve more accurate interpretation of variances from plan and to support financial planning.
Person Specification
Education
Essential
- Finance or Accountancy Degree
- Knowledge of accounting processes
- Knowledge of activity base costing
Desirable
- Knowledge of acute Hospital, accounting processes including activity based costing
Skills and knowledge
Essential
- Build excellent working relationships with all Finance Managers, Departmental Managers and Corporate Directors.
- Detailed knowledge and understanding of the financial issues facing the NHS and able to interpret the impact of these issues on Chelsea & Westminster
- Proactive approach to problem solving, anticipating issues before they arise, and developing solutions
- Understanding of Financial Systems and how best to develop them, in conjunction with desk-top applications, to provide a high quality reporting and analysis function.
- Numerate and analytical
- Excellent verbal reasoning
- Experienced user of Excel, Word
Desirable
- Oracle Financial Systems and related applications
- E-Financials and related applications
- Knowledge and experience of SQL
Person Specification
Education
Essential
- Finance or Accountancy Degree
- Knowledge of accounting processes
- Knowledge of activity base costing
Desirable
- Knowledge of acute Hospital, accounting processes including activity based costing
Skills and knowledge
Essential
- Build excellent working relationships with all Finance Managers, Departmental Managers and Corporate Directors.
- Detailed knowledge and understanding of the financial issues facing the NHS and able to interpret the impact of these issues on Chelsea & Westminster
- Proactive approach to problem solving, anticipating issues before they arise, and developing solutions
- Understanding of Financial Systems and how best to develop them, in conjunction with desk-top applications, to provide a high quality reporting and analysis function.
- Numerate and analytical
- Excellent verbal reasoning
- Experienced user of Excel, Word
Desirable
- Oracle Financial Systems and related applications
- E-Financials and related applications
- Knowledge and experience of SQL
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.
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).
Additional information
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.
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
Chelsea and Westminster Hospital NHS Foundation Trust
Address
NHS Jobs
Chelsea and Westminster Hospital NHS FT - Harbour Yard Offices
Chelsea Harbour
SW10 0XD
Employer's website
https://www.chelwest.nhs.uk/ (Opens in a new tab)