Job summary
- Main area
- Financial Management
- Grade
- Band 4
- Contract
- Permanent
- Hours
- Full time - 37.5 hours per week
- Job ref
- 430-CORP1463A
- Employer
- Milton Keynes University Hospital NHS Foundation Trust
- Employer type
- NHS
- Site
- Finance - Financial Management (Dept)
- Town
- Milton Keynes
- Salary
- £25,147 - £27,596 per annum
- Salary period
- Yearly
- Closing
- 30/07/2024 23:59
- Interview date
- 14/08/2024
Employer heading
Management Accountant
Band 4
MKUH staff scored highest for ‘I look forward to coming to work’ (NHS Staff Survey 2023).
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 working opportunities
- 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 overview
Management Accountant, Finance
Band 4
Hours: 37.5 per week
Due to career development an exciting opportunity has arisen to join the Financial Management team. We are looking for an ambitious, motivated and enthusiastic individual to support our department and our key operational and clinical stakeholders to help deliver the best care for our patients.
Predominately supporting the Finance Business Partners this role is wide and varied. Applicants must have excellent interpersonal and communication skills, and be confident in the use of Microsoft Excel to a high standard.
Most of all, we are looking for applicants who are willing to learn about the NHS, to develop their accounting skills, and deliver a professional service. The individual will need to also have excellent analytical skills and be able to manipulate large amounts of data, work diligently and accurately.
MKUH are looking for individuals who can demonstrate a commitment to professional development and, if not qualified, have a desire to continue their professional studies within a dynamimc and forward-looking finance team. The postholder will be encouraged and supported to study a professional qualification.
Interview date: 14th August 2024
Main duties of the job
To provide direct financial support to the Finance Business Partner, Division and CSU ensuring the Division is fully compliant with best financial practice in the areas of:
Financial budget reporting
Business case development
Activity and capacity planning
Maximisation of income (particularly with regard to National Tariff)
Budgeting
Forecasting of expenditure and activity income
Service line reporting
Working for our organisation
MKUH staff scored highest for ‘I look forward to coming to work’ (NHS Staff Survey 2023).
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.
Detailed job description and main responsibilities
- Assist in the production of monthly financial reporting packs which set out clearly performance in all aspects of finance, activity and contractual targets delivery, ensuring a clear story of outcomes and causal factors is provided.
- Undertake management accounting tasks to deliver month end reporting (i.e. budget journals, accruals etc.)
- Lead a number of monthly meetings with budget holders, adding training, expert analysis and advice to budget holders in understanding cost centre variances.
- Assist in the Production monthly financial reporting packs which set out clearly performance in all aspects of finance, activity and contractual targets delivery, ensuring a clear story of outcomes and causal factors is provided.
- Assist the Finance Business Partner in developing business cases as necessary in line with prescribed Trust format and process. Ensure that content of cases is robust and reflect full consideration of options to deliver best value.
- Be able to work effectively under the direction of the Finance Business Partner or Associate Finance Business Partner as well as independently
- Encourages, supports and facilitates divisional and CSU staff to contribute and innovate for the improvement of patient care and the efficiency, safety, quality and effectiveness of services; finding ways to empower staff to implement their ideas for improvement.
- The post holder will be expected to operate with discretion and without direct supervision to deliver the requirements of both the finance function and the Division/CSU. This will necessitate skill in balancing priorities
- Acts as a role model to demonstrate the Trust’s values and behaviours at all times.
- Ensures own professional and personal development demonstrating self-awareness and willingness to continually learn and develop.
- Acts with integrity and treats others with respect at all times.
Please refer to the job description for further details.
Person specification
Qualifications and knowledge
Essential criteria
- Working towards an accountancy qualification
- Knowledge and experience in a management accounts setting. Including month-end, year-end management accounting procedures and forecasting
Desirable criteria
- Graduate or equivalent experience
- Sound understanding of financial and accounting procedures, financial and other aspects of legislation and NHS finance policies; QUIP; CIP; SLR; experience and expertise in financial accounting and disciplines relevant to commercial finance including: procurement, human resources, general management theory and information management and technology.
- Examples of the above areas include; Standing Orders, Standing Financial Instructions, Financial Directives, International Financial Reporting Standards/Statements of Standard Accounting Practice, Government Policy as it effects the NHS, Charitable Funds legislation, Audit principles of internal check and control, VAT, EU Procurement Directives, NHS procurement guidance, NHS staffing terms and conditions and employment law.
- Understanding of NHS Income and proven ability to analyse variances
Experience
Essential criteria
- Experience working within finance department
Desirable criteria
- Experience within an NHS finance department
Skills
Essential criteria
- Ability to analyse highly technical issues and provide practical guidance and recommendations that can be understood and acted upon by Executives and users on matters such as capital investment, business cases and savings plans.
- The post holder will be expected to operate with discretion and with and without direct supervision to deliver the requirements of both the finance function and the Division/CSU. This will necessitate skill in balancing priorities.
- Highly numerate; able to analyse reports and complex data sets
- Ability to achieve demanding tasks and objectives against deadlines.
- Ability to follow instruction as well as working on own initiative
Personal and people development
Essential criteria
- High personal standard of conduct and behaviour and ability to act as a role model encouraging others to value and respect staff and stakeholders and holds others to account for this.
Desirable criteria
- Builds and develops multidisciplinary teams, and maintains constructive working relationships at all levels and disciplines.
Communication
Desirable criteria
- Ability to communicate clearly and effectively to a wide range of individuals, e.g. preparing, and presenting financial information to Management Board members and staff groups, working with Trust senior managers and project managers and assisting external auditors.
- Evidence of personal insight, and willingness to learn and change personal style/approach as appropriate.
Specific requirements
Essential criteria
- Able to perform the duties of the post with reasonable aids and adaptations
Employer certification / accreditation badges
Documents to download
Further details / informal visits contact
- Name
- Connor Jordan
- Job title
- Finance Manager
- Email address
- [email protected]
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