Financial Analyst
| Posting date: | 02 June 2025 |
|---|---|
| Salary: | £26,928.00 to £29,551.00 per year |
| Additional salary information: | £26928.00 - £29551.00 a year |
| Hours: | Full time |
| Closing date: | 16 June 2025 |
| Location: | Abergele, LL22 8DP |
| Company: | NHS Jobs |
| Job type: | Permanent |
| Job reference: | H9050-25-1641 |
Summary
To work as part of the Financial Services/ Management Account Team in the preparation, processing and monitoring of all income and expenditure in relation to a specific and named Delegated Budget within the overall Health Boards allocations of £2.3 billion, providing cover / support for other delegated Budgets as may be required. To support the monitoring of all Budgets, ensuring compliance with standing orders, standing financial instructions and any other Health Board or Statutory accounting standards, policies and guidelines. Discuss and respond to / deal with queries from staff, customers or suppliers, any issues in respect of any aspect of Health Board / Delegated Budget income or expenditure, including areas of potential complexity and sensitivity. Resolution requires analysis of often complicated, financial data and the interpretation and presentation of the results and recommendations for finance and non-finance staff. Assist in the preparation of detailed service budgets (for Pay, Non-pay and income), including the processing, reconciling and control of all such budgets within the Oracle Financial Systems and general ledger Preparation and processing of journals for inputting to the general ledger, in accordance with systems and audit controls and monthly timescales, ensuring all entries are made against to relevant and correct account codes to support monthly and annual financial performance management reporting Calculate & prepare accounting adjustments e.g. Accruals & Prepayments for input into the general ledger as part of the monthly and annual Accounts process To undertake monthly balancing and reconciliation of accounts / ledgers, ensuring sound audit trails are maintained. Undertake monthly analysis of the financial performance of the Named Budgets in order to accurately project the financial position at year end, using often complex mathematical formulae to forecast year end costs Use of Excel spreadsheets to input and manipulate financial data to calculate the financial impact of service development or change and the presentation of that financial data in the form of graphs and professional reports. To support the search for cost savings by identifying high cost areas and suggesting alternative cost solutions, which assist the Delegated Budget Holder / Director in meeting its annual financial targets. Ensures that budget managers receive accurate and relevant budget and exception reports within the agreed monthly and annual reporting timetables. Liaison with external agencies, Local Authorities, Welsh Government, Shared Services, External Audit on any aspect of Budgets. Plan own workload, as well as coordinating the work of others, to ensure all monthly and annual timescales are met, promoting excellent working relationships within and outside of Finance at all times. Works within defined operational procedures, as well as implements existing policies and procedures and review and propose changes to departmental work practices