Job Description

This role reports to the Finance Business Partner. It will involve analyzing and reporting on budgetary performance for specified Directorates, as a member of the Management Accounts team you will ensure colleagues develop a thorough understanding of business drivers within their areas of control.

• To prepare appropriate financial reports to set timelines with written analysis / commentaries for the various service line senior managers enabling them to manage their areas of the business, analyzing reasons for under / over performance and ensuring that the likely full year outcome is well explained.
• To contribute towards the preparation of the monthly Management Reports and Board briefings ensuring that information is prepared in a timely manner, is accurate and is accompanied by incisive commentary explaining major variances to budgets / forecasts.
• To manage workload such that all deadlines are met, whilst completing work to a high standard, allowing for appropriate review and amendment by senior management before documents are disseminated outside the finance department.
• To work with the Operational Managers to ensure that annual I&E budgets are prepared in the correct form and according to timelines specified by the Head of Financial Reporting, ensuring that they meet the Trust's financial and clinical objectives.
• To prepare I&E forecasts are prepared for specified service line in the correct form and according to timelines specified by the Head of Financial Reporting, ensuring that any major variances to budget are fully understood and explained.
• To ensure that the Operational Managers are aware of any issues within their profit statements and understand the make-up of their income and expenditure reports
• To ensure that the period end figures are complete and accurate and include appropriate accruals for both income and expenditure.
• To understand the make-up of accruals and be able to explain any changes / adjustments clearly and concisely.
• To represent the Finance department at key meetings.
• To undertake analysis of complex financial data and advise Operational Managers on highly complex financial matters based on this analysis.
• To develop a detailed knowledge of the drivers of both income and expenditure and to advise senior staff how to interpret these to the benefit of the business.
• To work as part of the financial management team to implement process improvements.
• To identify where processes do not work as efficiently as they could and highlight such to the Finance Business Partner, including recommendations of action to be taken to improve.
• To undertake financial analysis of for example reimbursable drugs income and expenditure data on a division wide basis.

Benefits

• We currently work on a hybrid working model, 3 days in office and 2 days working from home.
• The trust provides a free shuttle bus to and from Stanmore tube station Monday to Friday 06:00hrs to 20:45hrs
• Free car parking
• Gym, swimming pool and subsidized canteen on site

Required Knowledge, Skills, and Abilities

The role involves providing advice to budget holders within the clinical divisions and corporate directorates of the Trust. You will be supporting the General Managers for the divisions and Corporate Directors and be responsible for the management of the Divisional Management Accountant.
You should have excellent technical and interpersonal skills with the ability to prioritise and manage workload to deadlines. Be a team player who is self-motivated, innovative and able to actively contribute to both the success of the divisions and the trust. Applicants must be CCAB qualified.