The post-holder will provide a comprehensive and rigorous management accounting service for a given portfolio of Business Development Units within a multi-million pound contract. The post- holder will ensure that financial information is accurate, timely, relevant, useful and adds value. The role will include mentoring and supervision of a finance assistant, along with providing training and advice to budget managers throughout the organisation. The role requires continuous professional development, which the organisation will support. The post holder will communicate with all levels of staff, including Senior Management and will play a key role in the efficient and effective management and operation of the finance function. The role entails driving to various work bases to meet with budget holders face to face as well as virtually. Principle Tasks: Undertaking monthly budget monitoring including reporting and support/advice to a portfolio of Budget Holders, including regular scheduled meetings which may include the discussion and resolution of complex financial issues; Utilising in-depth specialist knowledge of finance to assist in development of proposals and plans that impact on the organisations Financial Strategy; Developing detailed and accurate reports from complex IT systems, including monthly budget statements and circulating to budget managers in accordance with agreed timescales Analysis, identification and investigation of budget variance within their portfolio; with escalation where appropriate Maintaining and reporting on Action Plans agreed with budget holders to address variance. Providing training to budget managers to utilise the Access Financials dashboards to provide real time information in regard to their budget; Provide technical finance support and advice to non-finance managers; Meeting strict deadlines to submit financial information for inclusion in various board reports and external reports; Undertaking often complex calculations for setting of budgets in accordance with the organisations budget setting policies, and subsequent discussions and agreements with budget holders; Resolving any queries and assisting budget holders with the calculation of cost improvement plans that have been identified during the budget setting process; Investigating and analysing transactional data to identify errors and discrepancies, preparing journals for input to the financial system; Using appropriate software, identifying ways or working more efficiently and effectively. Actively participating in improving systems or structures within the finance department. Developing changes to business-wide structures and monitoring their success. Calculation of monthly system accruals and prepayments; calculation of estimated accruals; Ensuring that work undertaken complies to the accounting procedures and policies of the organisation and UK GAAP; Maintaining financial procedures, ensuring they are accurate and adhering to standing financial instructions, whilst looking for ways to make all processes as efficient as possible; Providing financial support to budget managers on various corporate projects and service developments; Undertaking accountancy tasks on the ledger system; such as inputting large, complex feeder files from external sources (e.g. Payroll Feeder file), creating journals, budget virements, setting up ledger codes, running ad-hoc reports etc; adhering to a strict month end timetable. Performing ledger reconciliations to prevent errors and omissions Submitting financial information to a strict timetable for inclusion in the annual accounts; Assisting in the collation and production of statutory reports, benchmarking exercises and statistical returns; Working as an integral part of the finance team; providing certain elements of cover, and deputising where appropriate, in the absence of the Senior Management Accountant. Monthly detailed pay budget analytical review to identify miscodes and changes in a timely manner. Liaising with HR colleagues where necessary Supporting organisation wide recruitment by performing checks upon receipt of a vacancy notification to ensure post to be advertised is funded and affordable and to give approval upon such assurance in a timely manner; Assisting in complex and confidential issues such as costing of restructures, service re-design or tendering for service developments or new services; Supervising routine accounting tasks on the finance system, such as inputting journals, setting up ledger codes within agreed coding structure, ledger enquiries, running ad-hoc reports etc; Supervising and mentoring finance assistant, carrying out annual PDR and recruitment and selection of finance assistant in the event of a vacancy; Ad-hoc duties as required to meet the exigencies of the service PERSONAL RESPONSIBILITIES As well as the departmental rules and procedures, which you are required to observe and follow, the organisation has developed a number of general policies and procedures that apply to your employment. Whilst the organisation recognises specific responsibilities fall upon management, it is also the duty of all employees to accept personal responsibility for the practical application of these policies, procedures and standards. You should familiarise yourself with these, and ensure that you understand and adhere to them. Particular attention is drawn to: Health and Safety: Under the Health & Safety at Work Act 1974 it is the responsibility of individual employees at every level to take care of their own health and safety at work and that of others who may be affected by their acts at work. This includes co-operating with management in complying with health and safety obligations, particularly by reporting promptly any defects, risks or potential hazards. Fire Procedure: The post holder must adhere to the organisations Fire Policy, including training attendance. Equal Opportunities: The Trust has policies covering Equal Opportunities and Harassment. The aim is to ensure that no colleagues, potential employees, patients/clients are harassed, or receive less favourable treatment on the grounds of disability, age, sex, sexual orientation, marital status, race, colour, religion or ethnic/national origin. Security and Confidentiality: The post holder must adhere to a range of policies, procedures and legislation relevant to security and confidentiality; these include: Data Protection Act 1998 Copyright, Designs and patents Act 1988 Access to Health Records Act 1990 Computer Misuse Act 1990 BS7799 (Information Governance) Caldicott Document and Records Management Additionally, all staff are required to attend an annual briefing on Information Governance and Security. This job description is not a definitive or exhaustive list of the responsibilities but identifies the key tasks and duties of the post holder. Specific objectives for the post holder will be regularly agreed and reviewed as part of the personal development review process