Management Accountant

Job description

Job responsibilities

The post holder will be the financial lead for allocated Primary Care practices and Pharmacy divisions of the business.

Alongside this, the role involves significant levels of liaison with our suppliers, our GP Practices, and our board of directors.

Operational duties

Month End Reporting

o Posting prepayments where appropriate

o Generating accruals and provisions as necessary

o Identify the correct level of income to recognise for the month and either deferring or accruing income as necessary

o Allocating costs to the appropriate cost centres

o Reviewing overheads against budgets/forecasts

o Reviewing salary costs against budgets/forecasts

o Maintain detailed staffing models

o Perform P&L review for reasonableness

o Conducting balance sheet reviews and prepare balance sheet reconciliations

o Correctly accounting for fixed assets

o Conduct variance analysis against budgets, forecasts & prior year information and then providing commentary to explain reasons.

o Assisting the Head of Finance in producing the month end reporting pack for the Board of Directors

o Producing contract/site level reporting packs for budget holders, regional managers and divisional leads

Budgeting & Forecasting

o Working with budget holders for cost centres within the post holders remit to produce a detailed budget on an annual basis

o Working with budget holders for cost centres within the post holders remit to produce a detailed (budget) reforecast at the half-way stage on an annual basis

o Maintaining a working/live P&L forecasting model for each cost centre which is constantly updated to reflect new information as it becomes known and to reflect actual costs as these are produced monthly.

o Providing input into the monthly cashflow forecasting exercise for cost centres within remit

Maintaining Policies, Procedures and Records

o Assist in maintaining a documented system of accounting policies and procedures

o Drive process improvement and policy development initiatives that impact the function

o Maintaining records such as customers, asset registers, risk registers, chart of accounts

Relationships

o Assist with requests for evidence from external auditors

o Liaise with internal and external stakeholders including NHS Pension Authority and NHS Property Services

o Represent IntraHealth in a manner befitting the image of the organisation

o Work unsupervised when necessary whilst recognising the need to refer to others for support/guidance when required.

o To work effectively as part of a team.

o Communicate clearly and in a manner consistent with the individuals level of understanding.

Other duties

o Monthly BACS payment run processing

o Assisting with the year end audit process

o Input into the production of business cases and business development.

o Financial modelling.

o Mentoring of other finance team members

o Producing ad-hoc reports and dealing with requests from the Senior Management Team & Board of Directors

o Monthly review of debtor balances and recovery of aged debts.

Person Specification

Attitudes

Essential

• Flexible and proactive approach to work.
• Can do attitude.
• Team player.
• Calm and friendly personality
• High energy levels and commitment
• Approach challenges in an open, constructive, professional manner
• Ethical and honest
• Professional demeanour.
• Discreet and confidential.
• Innovative and proactive with a solution orientated approach
• Organised, methodical and disciplined

Desirable

• Willingness to learn and develop
• Prepared to undertake further studies to obtain accountancy qualifications

Experience

Essential

• Knowledge of IT applications particularly Microsoft Office packages
• Previous experience of management accounts and budget preparation
• Knowledge of Accounting Standards
• Experience of costing/pricing, variance analysis, financial reporting and forecasting.
• Evidence of sound communication skills with non-financial managers on financial issues
• Experience of presenting information in numerous formats.
• Experience of day-to-day interaction with Budget holders
• Experience of working within a finance team within a busy office environment.

Desirable

• Experience of working with finance systems, Microsoft Dynamics Navision in particular.
• Basic knowledge of the NHS and its current financial regime
• Staff coaching experience
• Draft report writing
• Improving and documenting procedures.

Qualifications

Essential

• 5 GCSEs at Grade A to C or equivalent including Maths
• AAT qualified level 4 or at least 5 years equivalent experience gained working in a relevant role within a finance function.

Desirable

• A Part Qualified accountant studying for the CIMA, ACA or ACCA accountancy qualifications.

Skills and Abilities

Essential

• Demonstrable ability to maintain accuracy at all times.
• Able to communicate in a professional manner both verbal and written.
• Demonstrate a can-do attitude
• Able to manage high volume workload and respond effectively to changing priorities without direct supervision
• Develop strong working relationships with internal and external stakeholders.
• Excellent time management skills.
• Ability to maintain clear focus under pressure.
• Solid computer literacy and a high level of proficiency with Microsoft Excel and Word.
• Able to work in a busy office environment that often demands high levels of concentration, while coping with frequent interruptions
• Logical and systematic in work processes
• Skills for manipulating information.
• Demonstrates clear problem-solving capabilities in pressurised situations.
• Good analytical ability

Desirable

• Skills for manipulating information.
• Computer literate with an advanced working knowledge of Microsoft Excel and Word.
• Supervising another staff member.
• Ability to provide training, performance coaching and feedback to staff.

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.

Employer details

Employer name

Intrahealth Ltd

Address

First Floor, William Brown Centre

Manor Way

Peterlee

County Durham

SR8 5TW

Employer's website

https://www.intrahealth.co.uk/ (Opens in a new tab)