Trainee Management Accountant | Kingston Hospital NHS Foundation Trust
| Posting date: | 28 March 2024 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | £32,720 - £39,769 pa pr inc HCAS (Outer) |
| Hours: | Full time |
| Closing date: | 27 April 2024 |
| Location: | Teddington, TW11 8HY |
| Company: | Kingston Hospital Foundation Trust |
| Job type: | Temporary |
| Job reference: | 6144100/396-NN-6144100-AC-Z |
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.
1. To generate and produce monthly divisional management accounts and financial reports in accordance with the Trust’s agreed timetables and departmental policies and procedures
2. 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
3. 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
4. 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
5. 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
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
The post holder is expected to ensure a customer focused service is delivered to the budget holders across the Trust and provide technical finance support to non-finance colleagues, answering queries both verbally and by email, where necessary investigating and co-ordinating answers from across the finance department and other corporate functions.
The role requires to cover all aspects of the Job description across KHFT and HRCH.
The post holder will be based at Thames House in Teddington but the role offers agile working arrangements, with approximately 50% office based and 50% working from home. The role may include travel to other sites, including Kingston Hospital.
Please find the attached job description and person specification for more detail on the main responsibilities of the role.
This advert closes on Wednesday 10 Apr 2024