Trainee Management Accountant
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Job summary
The post holder will be responsible for the accurate and timely production of management accounts for the division (designated areas within it) following agreed monthly deadlines. They will be expected to produce high quality financial reports and analysis, including non-financial data and identify and explain variances and trends.
Pro-actively seek ways to improve monthly reporting processes, sharing practice and challenging status quo by working collaboratively across the financial management team and the wider finance team.
The post holder will also ensure that the Head of Financial Reporting is made aware of the monthly journals, invoices raised and other work undertaken by maintaining and presenting workings/backing papers and any other appropriate records. They will also verbally update and escalate to the Finance Business Partner information arising in relation to financial performance or risks; in a timely manner.
Main duties of the job
- To generate and produce monthly divisional management accounts and financial reports in accordance with the Trust's agreed timetables and departmental policies and procedures
- To investigate variances from plan by interrogating the Trust's financial systems, to summarise and report on these in monthly reports to prepare for Finance Business Partners. To ensure that effective monitoring processes are maintained to minimise variances. To support the Budget Holders by analysing trends and identifying potential and actual variances through enhanced reporting techniques
- Responsible for preparation of backing and input to the finance system of journals, (standard & reversing, financial and workforce stats), budget virements and invoicing (recharges to and from NHS and non NHS organisations) to ensure the completeness and accuracy of the clusters, departments, services and divisions' financial statements
- Respond to budget holder queries directly and on behalf of senior members of the team relating to investigating transactions, validate payroll and gaining information for invoices to be raised when required. Give appropriate and timely Responses through email, phone or in meetings
- To prepare and maintain the staff's registers from the payroll data and information and verify these to planned establishment and pay costs, liasing with People analytics team to ensure triangulation of data
About us
Trust Values
Kingston Hospital NHS Trust has five key values and we want to employ and work with people who share these values and demonstrate behaviours that support them. They are:
- Caring- Design and deliver care around each individual patient's needs and wants.
- Safe- Make the safety of patients and staff our prime concern as safety comes first
- Responsible- All staff take responsibility for the hospital, its services and reputation
- Value Each Other- Value each other's contribution
- Inspiring- We always strive to empower each other to develop and deliver improvements to benefit our patients
Details
Date posted
28 March 2024
Pay scheme
Agenda for change
Band
Band 5
Salary
£32,720 to £39,769 a year pa pr inc HCAS (Outer)
Contract
Permanent
Working pattern
Full-time
Reference number
396-NN-6144100-A&C-Z
Job locations
Thames House
180 High Street
Teddington
TW11 8HY
Employer details
Employer name
Kingston Hospital NHS Foundation Trust
Address
Thames House
180 High Street
Teddington
TW11 8HY
Employer's website
https://kingstonhospital.nhs.uk/work-for-us/ (Opens in a new tab)
Employer contact details
For questions about the job, contact:
Supporting documents
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