Job 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. Main duties of the job 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. About us Chelsea and Westminster Hospital NHS Foundation Trust is one of England's top-performing and safest trusts. We operate two main acute hospital sitesChelsea and Westminster Hospital and West Middlesex University Hospitalalong 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 welcome applications for flexible working arrangements, accommodating requests where possible to support our staff and patient needs. The Trust is committed to equality and welcomes applications from all, regardless of background. Adjustments can be made for disabled candidates. Early application is advised as vacancies may close once sufficient applications are received. 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. Date posted 14 February 2025 Pay scheme Agenda for change Band Band 6 Salary £44,806 to £53,134 a year per annum inc. HCAS Contract Permanent Working pattern Full-time, Part-time, Flexible working Reference number 289-CR-1687 Job locations West Middlesex University Hospital Twickenham Road Isleworth TW7 6AF Job description Job responsibilities To work as part of the Financial Management team to provide financial advice, support and guidance to the directorates in accordance with the Trusts 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 analysiso Analysis of actuals versus forecasto Monthly/quarterly reforecasto Analysis of significant accrualso 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 research related invoices, tracking of billing and income. To work closely with members of the research services and research delivery teams to ensure studies are costed correctly and liaise with support departments to capture costs and attribute income. 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 Directorates 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 Trusts 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. Job description Job responsibilities To work as part of the Financial Management team to provide financial advice, support and guidance to the directorates in accordance with the Trusts 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 analysiso Analysis of actuals versus forecasto Monthly/quarterly reforecasto Analysis of significant accrualso 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 research related invoices, tracking of billing and income. To work closely with members of the research services and research delivery teams to ensure studies are costed correctly and liaise with support departments to capture costs and attribute income. 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 Directorates 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 Trusts 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. Person Specification Essential Essential Be actively studying for a CCAB qualification, for at least one year, or be part qualified Experience in the full financial management cycle for a division or equivalent, including budget setting, savings plans, budget management, staff costings and year-end accounts. Ability to work in a multi-disciplinary environment, and to strict deadlines Highly experienced user of MS Office, including Excel, Word and PowerPoint Desirable Experienced User of Reporting Systems (e.g. Business Objects, Crystal Reports, Qlikview) Oracle Financial Systems and related applications Person Specification Essential Essential Be actively studying for a CCAB qualification, for at least one year, or be part qualified Experience in the full financial management cycle for a division or equivalent, including budget setting, savings plans, budget management, staff costings and year-end accounts. Ability to work in a multi-disciplinary environment, and to strict deadlines Highly experienced user of MS Office, including Excel, Word and PowerPoint Desirable Experienced User of Reporting Systems (e.g. Business Objects, Crystal Reports, Qlikview) Oracle Financial Systems and related applications Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions. UK Registration Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window). Additional information Disclosure and Barring Service Check This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions. UK Registration Applicants must have current UK professional registration. For further information please see NHS Careers website (opens in a new window). Employer details Employer name Chelsea and Westminster Hospital NHS Foundation Trust Address West Middlesex University Hospital Twickenham Road Isleworth TW7 6AF Employer's website https://www.chelwest.nhs.uk/ (Opens in a new tab)