Financial Analyst | Guy's and St Thomas' NHS Foundation Trust
| Posting date: | 16 April 2024 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | £34,089 - £41,498 inc HCA |
| Hours: | Full time |
| Closing date: | 16 May 2024 |
| Location: | London, SE1 9RT |
| Company: | Guys and St Thomas NHS Foundation Trust |
| Job type: | Contract |
| Job reference: | 6159568/196-COF10181-T |
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 youbelieve you have the skills, enthusiasm and ambition to join our friendly and progressive organisation, we would love to hear from you.
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.
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.
• 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.
• Recommend improvements and changes to local working practices
• To comply with the requirements of the Data Protection Act with regard to the confidentiality of personal information and patient confidentiality.
• To undertake any other duties as required, which are consistent with the grade and nature of the post
This advert closes on Tuesday 23 Apr 2024