Assistant Finance Manager R&D | The Royal Marsden NHS Foundation Trust
| Posting date: | 23 April 2024 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | £42,471 - £50,364 per annum |
| Hours: | Full time |
| Closing date: | 23 May 2024 |
| Location: | Chelsea, SW3 6JJ |
| Company: | The Royal Marsden NHS Foundation Trust |
| Job type: | Contract |
| Job reference: | 6253750/282-OD1245656-A |
Summary
Our Research and Development has remained a key strategy of the Trust throughout, collaborating with a number of world leading institutions to lead on developing highly innovative and technologically advanced treatments.
A vacancy has arisen within the Research and Development Finance team for an enthusiastic and highly motivated Assistant Finance Manager for a 12-month fixed term contract. Ideally, applicants would have experience in management accounting and would be looking to develop their financial management skills within a dynamic NHS environment. A keen interest in research environment is would be advantageous but not essential. We are seeking an organised, hard-working and ambitious individual who has a passion for best practice.
Reporting to a Finance Manager, you will be producing high quality financial information, including monthly management accounts, forecasts and variance analysis. You will need to provide sound support and advice to the business to help manage their research portfolio finances. You will have excellent communication skills and be highly computer literate, with excellent attention to detail.
The Trust is based over two main sites in Chelsea and Sutton, Surrey and whilst the post will be based in Chelsea, the post holder will be required to attend meetings at other Royal Marsden sites as necessary.
To provide an efficient and professional management accounting service to Departments within the Divisions/Directorates and the Trust.
The postholder will be responsible for producing and reporting monthly accounts, analysis and liaising with budget holders and other managers to generate “intelligence” to support forecasting, costings for funding applications and grant management support.
The Royal Marsden NHS Foundation Trust is a world-leading cancer centre. Our role is to offer our patients the best cancer care available anywhere in the world, and to continue to make a global contribution to finding better ways of diagnosing and treating cancer. We employ over 4,500 staff in a diverse range of careers including nursing, medical, science, radiography, pharmacy, occupational therapy, finance and administrative services. We have two hospitals – one in Chelsea, London, and one in Sutton, Surrey – as well as a Medical Daycare Unit in Kingston Hospital.
At The Royal Marsden, we deal with cancer every day, so we understand how valuable life is. When people entrust their lives to us, they have the right to demand the very best. That's why the pursuit of excellence lies at the heart of everything we do.
At the heart of the hospital is our dedicated team. We offer a stimulating and dynamic working environment, a wide range of staff benefits, learning and development opportunities and clear career pathways. There are opportunities to work flexibly across a range of areas and specialities and we welcome flexible working requests from point of hire to support employees work life balance. We are looking for employees who aspire to excellence, share our values and can play a crucial role in our on-going achievements.
For further information on this role, please see the attached detailed Job Description and Person Specification.
1. To be responsible for the production of the monthly budget statements and associated reports for a wide range of R&D budgets in accordance with agreed timetables.
2. To develop and maintain integrated financial performance reports, including year end forecasts, highlighting key variances and trends in activity and finance, commenting on influencing factors and advising on any necessary management action.
3. To meet regularly with budget holders and Senior Managers to assess financial performance and to provide financial management information, analysis and advice to them regarding key risks and critical success factors in achieving financial targets.
4. To ensure budget holders and managers have an awareness of financial performance requirements, including the need for budgetary control and adherence to SFIs, and to provide financial awareness training where necessary.
5. To contribute to the annual budget setting/financial planning process
- to assist in the calculation of the annual budgets for a range of cost centres in accordance with agreed principles and timetables and to be responsible for their input into the Finance Systems.
- to work with budget holders and managers to identify cost pressures, service developments and cost improvements.
- to liaise with the budget holders to formulate annual budget plans.
6. To assist in assessing the impact of changes in government, charitable and commercial funding and legislative changes on the R&D Division.
This advert closes on Monday 6 May 2024
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