Finance Analyst | Chelsea and Westminster Hospital NHS Foundation Trust
| Posting date: | 23 July 2025 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | £44,485 - £52,521 per annum inc. HCAS |
| Hours: | Full time |
| Closing date: | 22 August 2025 |
| Location: | Isleworth, TW7 6AF |
| Company: | Chelsea and Westminster Hospital NHS Foundation Trust |
| Job type: | Permanent |
| Job reference: | 7341832/289-CR-33 |
Summary
Finance Analyst -
This is an exciting and challenging opportunity for a dynamic and self-motivated individual to join our team as a Financial Analyst, covering the directorates of Radiology, Endoscopy, Pharmacy & Patient Access
The role is responsible for ensuring efficient and effective service delivery by providing timely, accurate, relevant financial advice, support, reports and information to internal and external stakeholders.
You will provide all-round financial management and business support services, as well as supporting the senior Finance Manager with financial returns and reports.
The ideal candidate will have previously worked within a finance department, be actively studying for a CCAB qualification, for at least one year, or be part qualified. They will be able to demonstrate a proven record of accomplishment, of delivering to tight deadlines within a financial management setting.
Candidates must possess excellent communication, organisational, IT and analytical skills, and be committed to working flexibly within a team which delivers excellent service to its customers.
To support the Senior Finance Manager(Clinical Support Services)in providing the directorate with a comprehensive and high quality service and support for issues relating to management accounting.
To assist and support Financial Accounts, General Managers and other service managers on financial and business development issues. To develop expert knowledge of budgetary areas for contribution to costing and pricing processes.
Chelsea and Westminster Hospital NHS Foundation Trust is one of England's top-performing and safest trusts. We operate two main acute hospital sites—Chelsea and Westminster Hospital and West Middlesex University Hospital—along with award-winning clinics across North West London.
Our nearly 7,500 staff care for a diverse population of 1.5 million, providing full clinical services, including maternity, A&E, and children’s services, plus specialist HIV and sexual health clinics. The Care Quality Commission rates us 'Good' in safety, effectiveness, care, and responsiveness, and 'Outstanding' in leadership and resource use.
We continually invest in our facilities, including a £30m expansion of critical care at Chelsea and Westminster and an £80m Ambulatory Diagnostic Centre at West Middlesex.
We are committed to equal opportunities and believe that diversity drives innovation and excellence. As part of our dedication to equity, we actively welcome applications from individuals from the global majority, veterans and underrepresented communities. We value the unique perspectives and experiences that diverse teams bring and are committed to creating an environment where all voices are heard, respected, and empowered to succeed."
If you haven’t heard from us within three weeks of the closing date, your application was likely unsuccessful. Employment is subject to a six-month probationary period.
Some roles may require weekend shifts at multiple sites.
• To work as part of the Financial Management team to provide financial advice, support and guidance to the directorates in accordance with the Trust’s policies and procedures for financial management and corporate governance.
• To attend meetings on behalf of the Senior Finance Manager as and when required
• Working closely with other Financial Analysts, Management Accounts Team and Financial Accounts team to ensure that accurate financial reports are completed within agreed deadlines
• Providing analyses as required to the Senior Finance Manager, Head of Financial Management, Directorate Managers and Budget Holders to support the monthly Directorate reports including:
o Variance analysis
o Analysis of actuals versus forecast
o Monthly/quarterly reforecast
o Analysis of significant accruals
o Narrative report focusing on key issues and risks
• To provide comprehensive financial support to the Clinical Support Services Division including the month end processes, raising of invoices, tracking of billing and income and expenditure
• To hold regular meetings with Budget Holders to review their monthly financial position and discuss areas of over-spend and mitigations.
• To ensure that budgets are accurately input into the ledger and that a full audit trail exists for changes to budgets.
• To review transactions continuously within Directorate to ensure compliance with delegated limits and approved processes ensuring that, where breaches have occurred, appropriate disclosure is made and action taken to prevent recurrence.
• To assist in the identification of efficiency savings. To give guidance on the implementation of cost improvement programmes and recovery plans and to facilitate the delivery of a cost efficient and effective service.
• To ensure that all accounting adjustments are appropriately authorised and disclosed
• To assist the Senior Finance Manager and Financial Accounts in the dissemination of financial policies and procedures to appropriate staff and managers. To assist actively in the training of non-financial staff in developing a wider understanding of financial policies and procedures and the financial circumstances of the Directorate.
• To assist the Financial Planning Team in the preparation of annual financial budgets for the Directorate and clearly understand the planned activity these resources are intended to support;
• To maintain budgets in the ledger to reflect accurately the Directorate’s activity, income and expenditure plans.
• To maintain cost centre budget establishments reconciling to the budget in the ledger and work with the HR Workforce Team to reconcile to ESR.
• To assist in the development of training of managers throughout the directorate in the Trust’s Standing Financial Instructions and core financial and budgetary procedures.
• To support the Senior Finance Manager in ensuring effective communication throughout the Directorate on relevant and key issues for finance.
• Provide ad-hoc costing information or financial analysis to Budget Holders and Senior Finance Manager as and when required.
This advert closes on Wednesday 6 Aug 2025