Management Accountant​/Trainee Management Accountant | University Hospitals NHS Trust

Overview

This is an exciting time to join Nottingham University Hospitals NHS Trust. Following significant organisational change, we are strengthening our Financial Management structure to support the Trust as it progresses through the second year of its multiyear financial recovery plan.

Reporting to the Finance Manager, the post holder will deliver accurate, insightful financial information to the speciality leadership team and budget holders within their portfolio, enabling effective budget management, timely income recognition, and support for the Trust in meeting its financial duties.

The post holder will also collaborate closely with finance colleagues across the department to contribute to the delivery of the Trust’s strategic and operational objectives.

The post holder will be based at Trust HQ (City Campus). The successful candidate may be expected to travel when necessary between the City Campus and the QMC Campus and occasionally to other sites to attend meetings.

• The principles of the NHS, where high quality care is provided on the basis of need rather than the ability to pay.
• The contribution of the local community to the development of our services.
• Preserving and developing our reputation as a caring organisation.
• Developing services that are designed around the patient.
• Working co-operatively with others in the interests of patients and their families.
• Valuing the contribution of staff and investing in their development.
• Valuing the diversity of all our staff, patients and carers and demonstrating a zero tolerance of discrimination.
• Responsible and wise stewardship of public money and effective use of resources.
• To adopt a proactive and assertive approach when working with other customers and finance colleagues.
• Interact in a positive manner to develop a productive and supportive relationship with speciality leadership team, budget holders, managers, patients, suppliers and colleagues.
• The post will demand corporate awareness, the need for confidentiality, discretion and commercial awareness.
• Provide induction and coaching to new starters.

The post holder will support the development of financial reporting which will include the analysis and interpretation of complex financial information. This will include ensuring that there is a continuous quality improvement programme for this financial information, that it takes account of the views and information needs of the service.

• Organise and attend meetings with speciality leadership team and budget holders to review and monitor performance. The post holder will work with the managers to interpret complex financial information and variances from plan and offer guidance and advice on corrective action as necessary.
• Facilitate the delivery of financial support and training to Care Group or Corporate Group staff to enable them to understand and effectively manage their budgets and monitor performance on an ongoing basis.
• Develop and maintain an understanding of each service area within the Care Group or Corporate Group to identify the level of financial support required.
• Review contracts, quotations and invoices, identify opportunities to reclaim VAT with the support of the internal Tax and Compliance Team.
• Assist the Finance Manager with the development of financial efficiency and recovery plans, engaging with the services as part of the process.
• Work in partnership with the services staff to provide and interpret complex financial information for projects, business cases, suppliers and capital planning.
• Prepare and input budgets and journals, including appropriate recharges. To assist management with variance analysis, forecasting and reconciliation of control accounts.
• Prepare accurate and timely monthly and annual management and financial accounts.
• Provide input as required to the Trust’s statutory financial reports.
• Proactively respond to complex and sensitive financial queries with managers and with external organisations, including other NHS bodies, universities, local authorities and trade suppliers in an appropriate manner and in the best interests of the Trust. Provide advice on complex financial and…