Job summary
An exciting opportunity has arisen within our Team for a Senior Management Accountant. You will become an integral part of our dynamic and friendly Finance Team, working in a challenging, diverse but rewarding NHS environment that strives to provide better health and care for all.
Reporting into the Finance Business Manager, you will play a valued role overseeing the routine production of cyclical management accounting reports and providing effective senior financial support to operational managers.
Main duties of the job
The role will be responsible for overseeing the production of the monthly management accounts for ASC, including the review and presentation of year to date and forecast positions with supporting analysis. Delivery of cost improvement and efficiency savings (CIP) will need to be tracked and reported.
The role also requires regular contact with operational colleagues, providing sound, accurate and timely financial advice on a range of topics to enable Operational Managers to have effective financial management of their budgets.
You will provide vital support assisting the Finance Business Manager with the planning and delivery of the annual budget setting process, which in turn contributes to the Trust's short and medium term financial strategies. Throughout your work, you must ensure the operational teams are aware of the need to deliver financial balance.
The post has managerial input to the smooth running of the wider team.
About us
Torbay and South Devon NHS Foundation Trust (TSDFT) is an integrated care organisation, pioneering the integration of health and social care nationally.
The Management Accounting Function forms part of the Business Support offer provided to our frontline, corporate and independent sector teams. The function is made up of 25-30 people, working closely together from both our open plan office located close to the main Torbay Hospital site in Torquay.
We are a valued and respected department within the wider Finance Team, working closely with our Income, Capital and Corporate Reporting colleagues to ensure we produce high quality management reports. The challenges, both local and national, create a fast paced and dynamic environment for us to work in where process efficient and innovation is both encouraged and essential.
Job description
Job responsibilities
- Provide comprehensive and senior level finance support.
- Reporting to a Finance Business Manage to provide service line reporting, benchmarking, business cases, cost improvement and efficiency plans (CIP) and monthly income & expenditure financial positions.
- Significant involvement in the annual planning process including re-costing of budgets and reviews of pay costing during the budget setting process. Working with operational colleagues on the short to medium term financial strategy. This includes production of the information to maintain the Unit 4 system.
- The post holder will need to ensure that the financial implications of service change and cost pressures are fully costed and will be required to play a key role in assisting Senior Budget Holders in prioritising these initiatives in line with key local and national targets.
- The post holder will be required to meet regularly and liaise with Operational Managers and other senior budget holders to advise on complex financial issues, identify possible corrective action on budgets in deficit and run rate increases, and will work with Finance Business Managers to provide analysis of multiple years/months run rates, and examine methods of maintaining a balanced financial position
- The post holder will be required to undertake service efficiency reviews and report on recommended actions, to the Business Support team. The post holder will deputise for their Finance Business Manager where necessary.
- The post holder will be required to provide financial information to the Senior Management Finance Team to support, strategic planning, financial analysis and forecasting.
- The post holder will work autonomously to achieve agreed objectives using their own professional knowledge and experience within the professional regulatory and organisation framework. This includes having a full awareness and operation of Trust and DHSC financial policies and procedures and accounting standards, following procedures when undertaking tasks and interpreting such standards and policies when necessary. The post holder will use their own professional knowledge and judgment to decide appropriate actions and responses, only referring to senior colleagues for any sensitive or ambiguous issues.
- The post holder will be required to be able to use the general ledger budget system (currently Unit4) and associated reporting tools.
- The post holder will propose and implement changes to working practices and procedures, policy or service changes which have an impact on own and other parts of the organisation. For example any Trust documentation that comes through finance for formal review.
- Undertake ad hoc tasks as necessary and provide cover within the section whilst enabling reporting deadlines to be met.
Job description
Job responsibilities
- Provide comprehensive and senior level finance support.
- Reporting to a Finance Business Manage to provide service line reporting, benchmarking, business cases, cost improvement and efficiency plans (CIP) and monthly income & expenditure financial positions.
- Significant involvement in the annual planning process including re-costing of budgets and reviews of pay costing during the budget setting process. Working with operational colleagues on the short to medium term financial strategy. This includes production of the information to maintain the Unit 4 system.
- The post holder will need to ensure that the financial implications of service change and cost pressures are fully costed and will be required to play a key role in assisting Senior Budget Holders in prioritising these initiatives in line with key local and national targets.
- The post holder will be required to meet regularly and liaise with Operational Managers and other senior budget holders to advise on complex financial issues, identify possible corrective action on budgets in deficit and run rate increases, and will work with Finance Business Managers to provide analysis of multiple years/months run rates, and examine methods of maintaining a balanced financial position
- The post holder will be required to undertake service efficiency reviews and report on recommended actions, to the Business Support team. The post holder will deputise for their Finance Business Manager where necessary.
- The post holder will be required to provide financial information to the Senior Management Finance Team to support, strategic planning, financial analysis and forecasting.
- The post holder will work autonomously to achieve agreed objectives using their own professional knowledge and experience within the professional regulatory and organisation framework. This includes having a full awareness and operation of Trust and DHSC financial policies and procedures and accounting standards, following procedures when undertaking tasks and interpreting such standards and policies when necessary. The post holder will use their own professional knowledge and judgment to decide appropriate actions and responses, only referring to senior colleagues for any sensitive or ambiguous issues.
- The post holder will be required to be able to use the general ledger budget system (currently Unit4) and associated reporting tools.
- The post holder will propose and implement changes to working practices and procedures, policy or service changes which have an impact on own and other parts of the organisation. For example any Trust documentation that comes through finance for formal review.
- Undertake ad hoc tasks as necessary and provide cover within the section whilst enabling reporting deadlines to be met.
Person Specification
Qualifications
Essential
- Fully Qualified CCAB Accountant (equivalent to post graduate qualification)
Desirable
- Educated to masters level or equivalent experience
Experience
Essential
- Specialist, in depth understanding of accounting processes and procedures.
- Good organisation skills and an ability to work under pressure to achieve tight deadlines while maintaining a high quality of work.
- Excellent interpersonal skills with the ability to deal with contentious, complex or sensitive issues with internal and external customers.
- Excellent written, verbal, analytical and presentation skills with an ability to explain complex financial issues to non- financial budget holders and managers.
Desirable
- NHS management accounting experience
- Ability to manage and re-prioritise a demanding workload as required
Person Specification
Qualifications
Essential
- Fully Qualified CCAB Accountant (equivalent to post graduate qualification)
Desirable
- Educated to masters level or equivalent experience
Experience
Essential
- Specialist, in depth understanding of accounting processes and procedures.
- Good organisation skills and an ability to work under pressure to achieve tight deadlines while maintaining a high quality of work.
- Excellent interpersonal skills with the ability to deal with contentious, complex or sensitive issues with internal and external customers.
- Excellent written, verbal, analytical and presentation skills with an ability to explain complex financial issues to non- financial budget holders and managers.
Desirable
- NHS management accounting experience
- Ability to manage and re-prioritise a demanding workload as required
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.
