Job summary
Job Summary
Are you an experienced Finance Manager looking for an
opportunity to work with an ambitious, forward-thinking [RSG] GP Practice that
is keen to develop its opportunities?
We are seeking to recruit a committed and motivated Manager
of finance who would like to join our friendly and diverse practice team. We
are a high achieving, GP practice, committed to providing the highest quality
of care for our 18,000+ patients. We are also a growing Practice, one that is
keen to attract candidates who can help maximise the opportunities from an
increasing patient list size. Subsequently, we recognise the benefits of a
recognised Finance Manager role within the organisation and the specialised
knowledge such a role would bring to our current management team consisting of
a Practice Business Manager, HR Manager, Nurse Lead and Operational Manager.
Main duties of the job
Main Duties of the Job
You will direct the Stockport Medical Group in all areas of
finance management working closely with key staff and our accounting partners.
You will coordinate account management activities, financial forecasting and
strategy as well as providing guidance to the partnership and relevant
line-managers. You will develop current processes and keep up to date with any
statutory responsibilities regarding financial governance. You will be
reporting to the Practice Business Manager. This role supports the guiding strategic
direction of the organisation.
About us
Stockport Medical Group is located within South Manchester and is enthusiastically involved in the delivery and development of primary care services in the locality. With a thriving GP Partnership, keen on developing to meet current opportunities while dealing with clear pressures in a pragmatic manner, our teams drive forward efforts to imporve, be innovative and efefctive. From our management team to our salaried GPs, nursing team and none-clinical staff, we all align to a collective aim.
Job description
Job responsibilities
Key Responsibilities:
- Produce
and reconcile monthly management accounts for the practice.
- Monitor
budgets and produce Budget v Actuals by department and review with Budget
holders on a regular basis.
- Forecast
all staffing costs, Locum, income and expenditure for full year and maintain on
a monthly basis.
- Reconcile
bank accounts
- Monitor
and reconcile funded income and expenditure from various sources
- Monitor
all contract payments from: NHS England, ICB, and any other external clients
- Work with
the Operations Manager to administer the claims invoicing process for all
enhanced services, CQRS claims, room rentals, retainer and returner, supplier
invoice, PCN and other external income
- Liaise
with NHS England and the ICB regarding queries with income relating to the
contract and all additional items such as enhanced services and superannuation
& AVC contributions (fees and allowances overview) Work with Ops manager
- Ensure
accurate pay details/budget codes are maintained by HR and Payroll to enable
accurate Finance reporting
- To work
with the Operations Manager to ensure appropriate contributions to the practice
pension scheme(s) in liaison with the payroll provider and reconcile pension
contributions against balance sheet.
- Prepare
claims for GP Training/Trainees and ensure correct reimbursements are received
- Prepare
year end records for prompt submission to the practice accountant
- Prepare
any other mandatory financial requirements for the Company.
- Liaise
with the practice accountant, bank, creditors and debtors.
- Working
closely with the management team to provide financial insights
- Ensuring
compliance with financial regulations and industry-specific requirements
- Monitor
Ring Fenced monies on a rolling basis
Job description
Job responsibilities
Key Responsibilities:
- Produce
and reconcile monthly management accounts for the practice.
- Monitor
budgets and produce Budget v Actuals by department and review with Budget
holders on a regular basis.
- Forecast
all staffing costs, Locum, income and expenditure for full year and maintain on
a monthly basis.
- Reconcile
bank accounts
- Monitor
and reconcile funded income and expenditure from various sources
- Monitor
all contract payments from: NHS England, ICB, and any other external clients
- Work with
the Operations Manager to administer the claims invoicing process for all
enhanced services, CQRS claims, room rentals, retainer and returner, supplier
invoice, PCN and other external income
- Liaise
with NHS England and the ICB regarding queries with income relating to the
contract and all additional items such as enhanced services and superannuation
& AVC contributions (fees and allowances overview) Work with Ops manager
- Ensure
accurate pay details/budget codes are maintained by HR and Payroll to enable
accurate Finance reporting
- To work
with the Operations Manager to ensure appropriate contributions to the practice
pension scheme(s) in liaison with the payroll provider and reconcile pension
contributions against balance sheet.
- Prepare
claims for GP Training/Trainees and ensure correct reimbursements are received
- Prepare
year end records for prompt submission to the practice accountant
- Prepare
any other mandatory financial requirements for the Company.
- Liaise
with the practice accountant, bank, creditors and debtors.
- Working
closely with the management team to provide financial insights
- Ensuring
compliance with financial regulations and industry-specific requirements
- Monitor
Ring Fenced monies on a rolling basis
Person Specification
Qualifications
Essential
- Educated to A level standard or equivalent.
- Intermediate level using Microsoft Word and Excel
- Association of Accounting Technicians (ATT) Qualification or equivalent relevant experience
Skills
Essential
- Effective verbal and written communication skills
- Computer literate with a good working knowledge of Microsoft Office, especially Microsoft Excel
- Ability to work under pressure and to meet deadlines
- Team working skills and ability to work on own initiative
- Flexible approach to work
- Understanding of the confidential nature of the work
- Significant experience of managing finances in a healthcare setting
Experience
Essential
- Experience in a financial environment.
- Experience of producing financial reports and forecasts.
- Reconciling and managing bank accounts
- Knowledge of accounts software
Desirable
- Understanding of funding streams in General Practice
- Previous payroll experience and understanding of NHS pensions
- Experience of Accounts software Xero
Person Specification
Qualifications
Essential
- Educated to A level standard or equivalent.
- Intermediate level using Microsoft Word and Excel
- Association of Accounting Technicians (ATT) Qualification or equivalent relevant experience
Skills
Essential
- Effective verbal and written communication skills
- Computer literate with a good working knowledge of Microsoft Office, especially Microsoft Excel
- Ability to work under pressure and to meet deadlines
- Team working skills and ability to work on own initiative
- Flexible approach to work
- Understanding of the confidential nature of the work
- Significant experience of managing finances in a healthcare setting
Experience
Essential
- Experience in a financial environment.
- Experience of producing financial reports and forecasts.
- Reconciling and managing bank accounts
- Knowledge of accounts software
Desirable
- Understanding of funding streams in General Practice
- Previous payroll experience and understanding of NHS pensions
- Experience of Accounts software Xero
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.