Senior Management Accountant

apartmentThe Royal Wolverhampton NHS Trust placeWolverhampton calendar_month 

Job overview

An exciting opportunity has arisen for an enthusiastic & motivated part-CCAB Qualified Accountant (or have significant levels of relevant experience), to join the finance team to support our Black Country Pathology Services (BCPS). You will be a self-motivated, proactive individual with strong time management, communication & organisational skills.

You will provide a comprehensive financial analysis and support to the Black Country Pathology service, incl. support around budget setting, financial reporting and business case costings, as well as providing value through financial advice.

An understanding of NHS capital regime would be advantageous.

It’s an excellent opportunity for a motivated finance professional looking to progress their career.

Finance are also continuing to embrace agile working, which means you may be working within the finance department, within service areas or at home. There is an expectation that you would be ‘on site’ at least two days per week.

We are currently a CIMA, ACCA, CIPFA and AAT approved employer & aim to recognise learning opportunities & support staff to ensure they continue their professional development.

Main duties of the job

The post holder will be part of a finance team who are responsible for financial advice, financial information and other financial input (e.g. business planning, service level agreements, costing and market testing) to a range of clinical services.

In addition they will assist in specific Trust-wide projects where the work cannot be divided into separate teams due to the necessity for a single and consistent output and approach.

  1. To participate in the monthly management accounting process, ensuring the correct accounting treatment of provisions made, and that the strict reporting deadlines are adhered to. Delegate and manage completion of tasks as appropriate.
  2. To provide cover for urgent queries in the absence of the Deputy Finance Manager and/or Finance Manager seeking advice on issues arising and/or passing these on to the Head of Financial Management as appropriate. To ensure the team continue to function effectively and all duties are performed in the absence of the Deputy Finance Manager.
  3. Interrogation and manipulation of all financial ledgers and Payroll systems. Use, design and formatting of spreadsheets, databases and ledger report writing systems in order to analyse, interpret and present information. To monitor financial coding to ensure that data contained in the ledger is accurate. Maintenance of the financial coding and organisational view structure within the ledger. To provide training on systems to other members of finance department, including new starters.

Working for our organisation

The Royal Wolverhampton NHS Trust is one of the largest NHS trusts in the West Midlands providing primary, acute and community services and we are incredibly proud of the diversity of both our staff and the communities we serve. We are building a workforce that can help us to fulfil our values, improve the quality of care for patients, and solve the health care problems of tomorrow.

We’re passionate about the value that diversity of thinking and lived experience brings in enabling us to become a learning organisation and leader in delivering compassionate care for our patients.

We are delighted that we have been rated as “Good” by CQC. We have achieved numerous awards; The Nursing Times Best Diversity and Inclusion Practice and Best UK Employer of the Year for Nursing Staff in 2020.

The Trust is a supportive working environment committed to creating flexible working arrangements that suit your needs and as such will consider all requests from applicants who wish to work flexibly.

Detailed job description and main responsibilities
  1. Contribute towards the Divisional/Directorate management team and be fully appraised of issues facing them, so that comprehensive financial support can be given to all management decisions. To assist in the delivery of financial training to a range of non-financial staff.
  2. Meet regularly with Directorate management teams and budget holders to discuss the financial position and associated issues. Be satisfied that financial objectives are being met and ensure
that action is being planned and implemented that will correct any adverse trends or meet specified cost reductions. Ensure Deputy Finance Manager is informed of financial issues
within the budget areas.
  1. To advise the Directorate Managers and budget holders on a wide range of financial issues, including identifying cost improvement targets, income generation, costing of rebased establishments, service developments, financial management and business planning. To ensure that all financial proposals have been accurately costed, and that the department is aware of the full implications of the proposals. To seek advice on issues from the Deputy Finance Manager as appropriate.
  2. Prepare year end financial forecasts for Directorate budgets incorporating all known and potential financial issues. Discuss and agree resultant figures with directorate managers and
budget holders.
  1. To assist the Deputy Finance Manager in the financial input into all business cases prepared for presentation to Management Board, Trust Board and commissioners, including full financial
analysis of the options available.
  1. To attend Directorate team meetings to present and discuss the financial performance of the Directorate.
  2. Contribute towards the annual Trust business planning and budget setting process. Ensure that all relevant issues are considered by Directorate Managers and budget holders (e.g. cost pressures, cost improvements plans, service developments), and that the financial implications have been fully costed and included in the business plan submission. Attend each round of budget setting meetings with members of directorate management to discuss the Business Plan, and provide.
  3. To be aware of and understand the Trust’s policies and procedures, SOs and SFIs. To ensure they are brought to the attention of relevant managers. To report any non-compliance or potential non-compliance to Deputy Finance Manager, as appropriate.
  4. To provide relevant information for the production of accurate Reference Costs for the Trust, e.g. costing of Care Profiles and Apportionment Tables.
  5. To participate in and supervise junior staff in accurate completion of the Trust final accounts process, ensuring tasks are completed in line with the year-end timetable and comply with External Audit requirements. Assist in preparation of notes to the accounts as required by the DoH.
  6. To ensure a professional approach in the provision of information. To ensure that all information is timely and accurate and presented in the appropriate format.
  7. To participate in departmental meetings, e.g. Team Brief and Health and Safety, and support other colleagues as appropriate.
  8. To assist the Deputy Finance Manager in the recruitment and selection of junior staff within the team.
  9. To remain appraised of up-to-date relevant professional guidance and standards, and be aware of NHS specific legislation for inclusion in day to day work, e.g. Payment by Results, Agenda for Change, Consultant Contracts, change in Pension Scheme costs and National Insurance contributions.

Person specification

Qualifications

Essential criteria
  • Educated to A-level or equivalent.
  • Part qualified CCAB Accountant (in final year of study), with relevant experience in financial management or AAT qualified with extensive Acute NHS Management Accounting experience.

Other

Essential criteria
  • Understanding the importance of confidentiality e.g. payroll and patient data.
Desirable criteria
  • Studying to become a fully qualified CCAB Accountant with a commitment to personal development.

Experience / Skills

Essential criteria
  • Previous experience of working within a management accounts role, with knowledge and understanding of the finance function as a whole.
  • Experience of business planning and budget setting processes.
  • Ability to work on own initiative and prioritise workload.
  • Must be computer literate with previous experience of Microsoft office (or similar) and good knowledge of Excel.
  • Good experience of computerised ledger packages, and their application and development.
  • Good level of analytical skills and ability to process detailed financial data.
Desirable criteria
  • Previous experience of working within an NHS Finance department.
  • Experience of supervising and training more junior members of staff.

Communication Skills

Essential criteria
  • Ability to communicate confidently and professionally to all levels of staff within and outside the organisation, using all forms of communication. Often this may involve detailed financial information.

Flexibility

Essential criteria
  • Ability to deal with urgent queries in the absence of the Clinical Finance Manager escalating when appropriate.
Flexible Working - As a major employer in the Black Country and West Birmingham region we are committed to supporting all employees to achieve a healthy work life balance. We want the Black Country and West Birmingham region to be the best place to work and as such will consider all requests to work flexibly taking into account personal and individual circumstances alongside the needs of the service.

We encourage all prospective applicants to discuss their individual circumstances with the Recruiting Manager as part of the on-boarding process.

Qualifications - Please be advised that if the post that you are applying for requires any level of qualification (e.g. A-Levels, Degree etc) or Professional Registration (e.g. Nursing and Midwifery Council, General Medical Council etc) you will be required to provide proof as part of the pre-employment process.
By submitting your application you are giving the Trust permission to check the qualification certificates provided back to the source provider. Please note that a sample of all applicant’s qualifications will be checked with the educational institution or provider.

Furthermore, a sample of all applicants’ qualifications will be checked back to the educational institution or provider to interview letters to further deter fraud.

Sponsorship - Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. As of 1 January 2021, free movement ended and the UK introduced a points-based immigration system.

Further information is available regarding two types of visa; Health Care Visa https://www.gov.uk/health-care-worker-visa/your-job and Skilled worker visa https://www.gov.uk/skilled-worker-visa.

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