Job summary
Finance Analyst AFC Band 5 to support Financial Management team within Finance Department.
We are looking for an enthusiastic and motivated individual with excellent analytical, communication and interpersonal skills with a strong commitment to value and patient care. This will be a support role to assist Finance Managers through the production of Management Accounts for Clinical Directorate within the organisation supporting Budget Holders. The post will also provide support to the wider Financial Management team through the Month End process and through completion of ad-hoc projects. This is a great opportunity for those looking at furthering their finance career, as well as gaining a wider understanding and experience of the management of NHS services. If you believe you have the skills, enthusiasm and ambition to join our friendly and progressive organisation, we would love to hear from you.
Main duties of the job
The key focus of this post will be the production of budget reports from the ledger, investigation of variances from plan, and ensuring that action on changes required is taken. Any changes required to budgets, covering both staff and expenditure, will be made by the Financial Analyst. In all other cases they will be referred to the relevant Financial Operations department.
Regular reviews with budget holders as intelligence gathering is another key focus of the role. Providing information and analysis to them and supporting them in interpreting their reports and in developing robust end of year forecasts.
The key skills required are those for interrogating all the various sub-systems of the ledger and the Financial Analyst requires a good working knowledge of the operation of these systems and the basic accounting principles involved. Since there will be a significant involvement in developing and updating spreadsheets, advanced spreadsheet skills are required. The major spreadsheets will be for 'costing', and for projections.
The Financial Analyst is expected to take an active interest in the development of his/her skills, experience and career.
About us
Guy's and St Thomas' NHS Foundation Trust comprises five of the UK's best known hospitals - Guy's, St Thomas', Evelina London Children's Hospital, Royal Brompton and Harefield - as well as community services in Lambeth and Southwark, all with a long history of high quality care, clinical excellence, research and innovation.
We are among the UK's busiest, most successful foundation trusts. We provide specialist care for patients including heart and lung, cancer and renal services as well as a full range of local hospital and community services for people in Lambeth and Southwark.
We have a long tradition of clinical and scientific achievement and - as part of King's Health Partners - we are one of England's eight academic health sciences centres, bringing together world-class clinical services, teaching and research. We have one of the National Institute for Health Research's biomedical research centres, established with King's College London in 2007, as well as dedicated clinical research facilities.
Job description
Job responsibilities
To generate and maintain budget reports and other spreadsheet based reports in accordance with agreed timetables and department policies and procedures.
To investigate significant variances by interrogating all the financial ledger sub-systems, and to summarise conclusions in spreadsheet and other forms for use by managers and senior finance staff.
To prepare costing spreadsheets for budget setting, and for financial planning.
To meet regularly with budget holders and to provide information and analysis to them. In addition to support communication of information between them and other departments within Finance.
To resolve queries from managers and budget holders regarding financial management matters with minimal supervision.
To resolve queries and explain the relevant regulations to individual members of staff of the Trusts Standing Financial Instructions.
Job description
Job responsibilities
To generate and maintain budget reports and other spreadsheet based reports in accordance with agreed timetables and department policies and procedures.
To investigate significant variances by interrogating all the financial ledger sub-systems, and to summarise conclusions in spreadsheet and other forms for use by managers and senior finance staff.
To prepare costing spreadsheets for budget setting, and for financial planning.
To meet regularly with budget holders and to provide information and analysis to them. In addition to support communication of information between them and other departments within Finance.
To resolve queries from managers and budget holders regarding financial management matters with minimal supervision.
To resolve queries and explain the relevant regulations to individual members of staff of the Trusts Standing Financial Instructions.
Person Specification
Qualifications
Essential
- Educated to at least AAT certificate level, or degree level, or equivalent experience.
- Significant progress made towards completing a CCAB qualification.
Experience
Essential
- A minimum of three years experience of working in an accounting department of which approximately one year's experience has been in a financial management role.
Skills
Essential
- Advanced ECDL qualification, spreadsheet skills to 'macro' level.
- A good working knowledge of the method of operation of all the accounting sub-systems.
- Understand the use and purpose of accounting accruals and provisions.
- Understand the use and purpose of balance sheet accounts for stock accounting.
- Understand the concepts and methodologies used in the costing of services.
- Be able to prepare statements of budget and actual performance from a trial balance.
Person Specification
Qualifications
Essential
- Educated to at least AAT certificate level, or degree level, or equivalent experience.
- Significant progress made towards completing a CCAB qualification.
Experience
Essential
- A minimum of three years experience of working in an accounting department of which approximately one year's experience has been in a financial management role.
Skills
Essential
- Advanced ECDL qualification, spreadsheet skills to 'macro' level.
- A good working knowledge of the method of operation of all the accounting sub-systems.
- Understand the use and purpose of accounting accruals and provisions.
- Understand the use and purpose of balance sheet accounts for stock accounting.
- Understand the concepts and methodologies used in the costing of services.
- Be able to prepare statements of budget and actual performance from a trial balance.
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.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
Additional information
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.
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
