Job summary
Income Assistant Accountant
Department: Finance
Band 6 £35,392 - £42,618 per annum
Hours: 37.5 hours per week, all MKUH roles will be considered for flexible working
*Hybrid working arrangement*
Milton Keynes University Hospital (MKUH) NHS Foundation Trust is a medium-sized district hospital that provides a full range of acute hospital services and an increasing number of specialist services to the growing population of Milton Keynes and the surrounding areas. With around 550 beds and employing more than 4,000 staff, the hospital sees and treats approximately 400,000 patients each year comprising both outpatient and emergency attendances.
Reporting into the Head of Head of Income and Contracting, the Income Assistant Accountant will be responsible for the reconciliation and reporting of Income into the Trust to support optimal understanding of income sources.
They will assist with preparation of monthly management accounts, projections, and performances indicators; analysis of significant variances and trends and providing suggestions for corrective action where appropriate. They will be a primary point of contact for external auditors, providing timely responses and information to support them in their work.
Interview date: 16 April 2024
Main duties of the job
This role would suit a well-rounded, Part Qualified and conscientious Accountant who is proactive in their approach to work. They will be able to demonstrate a sound knowledge of Management Accounting, activity, income, and expenditure forecasts and be able to use well-developed analytical skills to solve complex problems.
The post holder will support the Head of Income and Contracting as well as other stakeholders for all aspects of Trust income. The post holder will need to demonstrate accounting and business knowledge, analytical support and clear presentation of financial and business information to clinical and non-clinical colleagues. He/she will constructively and positively challenge all aspects of income reporting to ensure efficiency and effectiveness.
About us
You can expect a warm welcome at Milton Keynes University Hospital, our staff are friendly and welcoming. We listen to each other and work together to embed our Trusts values and behaviours. At MKUH we appreciate our staff and reward them with an outstanding benefits package including:
- Free on-site parking
- Free tea and coffee
- Great flexible workingopportunities
- Discounted gym membership
- Lease car scheme
- Generous annual leave and pension scheme
- On site nursery (chargeable)
- Extensive staff health and well-being programme
Milton Keynes University Hospital NHS Foundation Trust, in partnership with the University of Buckingham, is a University Teaching Hospital; we conduct research and teaching on site to improve the care of our patients. The hospital is undergoing significant investment, and we are proud to be rated good by the CQC. Visit our website to catch up on our latest news.
Job description
Job responsibilities
- Monitor all income sources working closely with Commissioners and providing monthly income reconciliations, working closely with divsions and Finance Business Partners on income allocation.
- To assist in the preparation of monthly management accounts, reports, projections and performance indicators; analysing and investigating all significant variances, undertaking trend analysis and making recommendations for corrective action where appropriate.
- Management of Sales ledger matching direct income to internal sales invoices
- Raise ad hoc invoices including contract income with supporting schedules.
- Reconcile Commissioners payment schedules.
Please refer to the attached Job Description for more details on the role and responsibilities.
MKUH is committed to equal opportunities and improving the working lives of our staff and as such we offer a range of flexible working practices. We promote an inclusive workforce and encourage applications from applicants from all backgrounds.
We reserve the right to expire vacancies prior to the advertised closing date once a sufficient number of applications have been received.
MKUH uses identification scanning technology to confirm the authenticity of documents; all prospective employees of MKUH will have their original documents verified using this technology.
By applying for this role, you accept if successful, that information from your application will be transferred into the national NHS Electronic Staff Record (ESR) system. Your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers.
Upon commencing employment with the Trust, all employees (except Medical & Dental Staff on national terms and conditions) are subject to a probationary period lasting a period of six months with an option to extend for a further six months to a total of 12 months.
Job description
Job responsibilities
- Monitor all income sources working closely with Commissioners and providing monthly income reconciliations, working closely with divsions and Finance Business Partners on income allocation.
- To assist in the preparation of monthly management accounts, reports, projections and performance indicators; analysing and investigating all significant variances, undertaking trend analysis and making recommendations for corrective action where appropriate.
- Management of Sales ledger matching direct income to internal sales invoices
- Raise ad hoc invoices including contract income with supporting schedules.
- Reconcile Commissioners payment schedules.
Please refer to the attached Job Description for more details on the role and responsibilities.
MKUH is committed to equal opportunities and improving the working lives of our staff and as such we offer a range of flexible working practices. We promote an inclusive workforce and encourage applications from applicants from all backgrounds.
We reserve the right to expire vacancies prior to the advertised closing date once a sufficient number of applications have been received.
MKUH uses identification scanning technology to confirm the authenticity of documents; all prospective employees of MKUH will have their original documents verified using this technology.
By applying for this role, you accept if successful, that information from your application will be transferred into the national NHS Electronic Staff Record (ESR) system. Your personal data may be transferred from the Trust to another NHS organisation where your employment transfers within the NHS. This is in accordance with the streamlining programme which aims at saving you time and improving efficiencies within the NHS when your employment transfers.
Upon commencing employment with the Trust, all employees (except Medical & Dental Staff on national terms and conditions) are subject to a probationary period lasting a period of six months with an option to extend for a further six months to a total of 12 months.
Person Specification
Qualifications and knowledge
Essential
- Educated to degree level in a relevant subject (e.g. accountancy or financial discipline) or equivalent knowledge and experience
- Part Qualified (CCAB) Qualification or demonstrable equivalent experience plus knowledge, experience and expertise in a finance management role.
- Up-to-date knowledge and experience of the NHS income and contracts
Desirable
- Relevant finance experience in an NHS organization
Experience
Essential
- Evidenced continuous professional development record
- Highly developed and demonstrable knowledge of management accounting and accounting procedures within the NHS
- Experience of developing activity, income and expenditure forecasts, including the modelling of different scenarios
Desirable
- Experience in staff line management and development
Skills
Essential
- Advanced user of Microsoft Excel, required to design new and/or improve existing financial monitoring systems
- Expert analytical skills to solve highly complex financial and non-financial problems
- Computer literate with experience of using Microsoft office applications
- Ability to interpret highly complex information, including national financial policies
- Ability to manage extensive data sets, and detailed financial information
Personal and people development
Essential
- Excellent interpersonal and communication skills.
- Confident in dealing with people at all levels of the organisation.
- Ability to work as part of a team
- Ability to work to strict deadlines
- Ability to use initiative, work autonomously, and demonstrate flexibility
- Well organised, a completer/ finisher with the ability to multi-task complex issues
Communication
Essential
- Ability to explain complex financial terminology to both finance and non-finance colleagues.
- The ability to interpret complex numerical data and present information to non-finance professionals.
- Clear and accurate written and verbal communication skills.
Specific requirements
Essential
- Able to perform the duties of the post with reasonable aids and adaptations
Person Specification
Qualifications and knowledge
Essential
- Educated to degree level in a relevant subject (e.g. accountancy or financial discipline) or equivalent knowledge and experience
- Part Qualified (CCAB) Qualification or demonstrable equivalent experience plus knowledge, experience and expertise in a finance management role.
- Up-to-date knowledge and experience of the NHS income and contracts
Desirable
- Relevant finance experience in an NHS organization
Experience
Essential
- Evidenced continuous professional development record
- Highly developed and demonstrable knowledge of management accounting and accounting procedures within the NHS
- Experience of developing activity, income and expenditure forecasts, including the modelling of different scenarios
Desirable
- Experience in staff line management and development
Skills
Essential
- Advanced user of Microsoft Excel, required to design new and/or improve existing financial monitoring systems
- Expert analytical skills to solve highly complex financial and non-financial problems
- Computer literate with experience of using Microsoft office applications
- Ability to interpret highly complex information, including national financial policies
- Ability to manage extensive data sets, and detailed financial information
Personal and people development
Essential
- Excellent interpersonal and communication skills.
- Confident in dealing with people at all levels of the organisation.
- Ability to work as part of a team
- Ability to work to strict deadlines
- Ability to use initiative, work autonomously, and demonstrate flexibility
- Well organised, a completer/ finisher with the ability to multi-task complex issues
Communication
Essential
- Ability to explain complex financial terminology to both finance and non-finance colleagues.
- The ability to interpret complex numerical data and present information to non-finance professionals.
- Clear and accurate written and verbal communication skills.
Specific requirements
Essential
- Able to perform the duties of the post with reasonable aids and adaptations
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.
