Job summary
Employer heading
Band 5 Management Accountant
Band 5
Our trust has over 17,000 staff serving 2 million patients every year. It comprises Barnet Hospital, Chase Farm Hospital, the Royal Free Hospital, North Middlesex University Hospital and more than 30 services in the community. This larger scale organisation provides an unprecedented opportunity for us to continue our pioneering work, particularly in finding ways to deliver even better care to our patients.
Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers’ money, being safe and meeting our external duties, and building a strong organisation.
Everyone is welcome at Royal Free London NHS Foundation Trust. We're proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.
Click here to view our video Welcome to the Royal Free
Job overview
We have 2 exciting positions available due to internal promotions Central Finance and Corporate Reporting teams
Central Finance Reporting Team
· To support in the adherence and maintenance of a robust management accounting infrastructure.
· To support in the coordination of the Trust’s monthly budget reporting cycle through the General Ledger, ensuring that accurate and timely budgetary control information is circulated to all budget holders in line with agreed reporting deadlines.
· To contribute towards the preparation of the Monthly Management Reports
· Support any deep dive or ad-hoc analysis required to better understand the financial position and quantify changes in trends of key drivers impacting the trust position.
· Support the to respond to information requests, this will often require detailed modelling and analysis to be completed at pace and working to tight deadlines.
· 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 support in coordinating month end to ensure timetable is met.
· To develop relationships and work closely with financial management and other finance functions to review processes and suggest improvements.
Main duties of the job
Corporate Reporting Team
- Responsible for management accounting for specific directorates encompassing both income and expenditure reporting but with specific emphasis on expenditure.
- To assist the Directorate Finance Manager to prepare Monthly Management Reports and Board briefings to set timelines with written analysis / commentaries for the various departmental senior managers enabling them to manage their areas of the business.
- To ensure that the period end reports for the directorates are accurate, error free and include all accruals necessary to present an accurate picture of the financial situation of the directorate.
- To assist the Directorate Finance Manager to prepare incisive commentary on the period end reports explaining major variances to budgets / forecasts.
- 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.
- Support any deep dive or ad-hoc analysis required to better understand the financial position and quantify changes in trends of key drivers impacting the trust position.
- To assist the Directorates to prepare annual I&E budget, ensuring that accurate and timely budgetary control information is circulated to all budget holders in line with agreed reporting deadlines.
- To undertake any other duties appropriate to the role and grade as specified by the line manager.
Working for our organisation
The Royal Free London NHS Foundation Trust is one of the UK’s biggest and most innovative trusts. Across three main hospitals, our dedicated army of staff care for over 1.6million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17million tests.
Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top
For more information please follow link https://www.royalfreelondonjobs.co.uk/
Detailed job description and main responsibilities
Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
Person specification
Royal Free World Class Values
Essential criteria
- Demonstrable ability to meet the Trust Values
Education & Qualifications
Essential criteria
- Existing qualifications at least equivalent to CCAB Certificate level
- Studying for a Professional qualification in accountancy (CIMA, ACA, CIPFA, ACCA).
Desirable criteria
- Graduate
- CCAB Finalist
Experience & Knowledge
Essential criteria
- Initial experience of management accounting or equivalent experience.
- Good working knowledge of double entry book-keeping
- Experience of presenting and explaining financial information in a manner that can easily be understood by non-finance managers.
Desirable criteria
- Extensive management accounting experience in similar organisations
- Knowledge and understanding of the NHS financial environment.
Skills & Aptitudes
Essential criteria
- Able to communicate clearly and concisely both verbally and in writing
- Ability to make use of systems (Excel, PowerPoint, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems.
- Record of delivering to tight deadlines.
Desirable criteria
- Advanced excel skills
- Advanced analytical skills with the ability to communicate clearly the results of such analysis.
Personal Qualities
Essential criteria
- Team player, willing to ‘roll up sleeves’ where necessary
- Positive ‘can do’ attitude
- Embraces change
Documents to download
Further details / informal visits contact
- Name
- Rizwan Ahmed
- Job title
- Head of Central Reporting
- Email address
- [email protected]
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