Assistant Management Accountant
| Posting date: | 27 June 2024 |
|---|---|
| Salary: | £28,407.00 to £34,581.00 per year |
| Additional salary information: | £28407.00 - £34581.00 a year |
| Hours: | Full time |
| Closing date: | 11 July 2024 |
| Location: | Plymouth, PL6 5YE |
| Company: | NHS Jobs |
| Job type: | Permanent |
| Job reference: | C9216-24-1208 |
Summary
This role it to provide basic management accounting support to a number of service lines and to support the work of the Management Accounts team with financial and technical accounting support. The role involves utilising detailed understanding of accounting procedures, processes, regulations, financial techniques and relevant legislation, for individual Service lines. The role gives an opportunity to expand and develop these skills within and with the support of the team. This includes Providing routine financial support and general guidance to the designated budget holders on all aspects of management accounting, utilising specialist knowledge of complex NHS accounting regulations and relevant legislation. Utilising detailed understanding of accounting procedures to assist with the production of timely and accurate monthly financial reports on the activity, income and expenditure positions of the Care Groups to Service line Managers, Budget Holders and Senior Finance Managers. To assist the Management Accountants in the production of month end and year end financial reports using knowledge of financial systems and other software packages including a narrative where required explaining key issues and reasons for budgetary variances, forecast outturn, discretionary staffing analysis and FIP progress. To assist Service Line Managers and Budget Holders with complex funding, expenditure and manpower queries. To review all staff change forms and vacancy panel forms in a timely manner and in line with Trust financial control procedures, liaising with Budget holders where not completed accurately, and HR department for processing. Apply best accounting practices to ensure an accurate representation of the Service Lines financial performance. Use persuasion, motivation and negotiation skills to encourage and influence Service Line Management Team Budget Holders within the Service Lines to ensure cost-effective decision making by management. Work with Budget Holders to understand their needs for financial information and to promptly provide it, allowing and ensuring budget holders understand and achieve budgetary control. Assist the Management Accountants with the budget setting process for Service Lines ensuring that budgets are reflective of the resources required to deliver services. Be able to use the Trust accounting packages to a high standard, thereby ensuring maximum information is available to the Service Lines and Trust. To analyse variances by comparing actual income and expenditure versus budget, to take account of the complex interaction between activity and income and expenditure and highlight areas of concern to the Management Accountant, Service line Managers and Budget Holders to identify any financial and activity problem areas to persuade Managers to implement appropriate action. Identify and maximise the financial impact of Service Line Financial Improvement Programme (CIP) schemes. Work with the relevant Managers to generate accurate financial forecasts for Service Lines, forecasting expenditure and non-contract income. To input and manipulate financial data in detailed computer spreadsheets and reports, where speed and accuracy are essential. To undertake light physical effort and extended periods of computer use in an office environment To concentrate when inputting data, checking and reconciling information and making calculations