The post holder will be responsible for providing a comprehensive income reporting service. They will report an accurate year-to-date position each month in line with financial accounting standards and will investigate and explain unusual variances. The post holder will each month produce a full year income forecast, clearly articulating reasons where income varies from budget.
The post holder will manage and maintain the Trust's overseas patient charging function.
The post holder will support and assist the Associate Finance Director - Income & Contracting, as required, and will undertake other duties as commensurate with the banding.
Main duties of the job
1. To prepare the Trust monthly income position in accordance with the agreed timetable, ensuring the general ledger reflects that position.
2. To produce full-year income forecasts as part of the month-end timetable.
3. To complete the income sections of the Trust's monthly NHSI (PFR) submission.
4. To oversee the raising of monthly invoices and adjustments to commissioner payment schedules as required.
5. To help the debtors team resolve invoice disputes and generally support in the management of aged debt.
6. To be the income lead in the annual finance budget setting exercise.
7. To strengthen and improve the Trust's identification of overseas patients, with a particular focus on the Trust's entry points, eg ED dept and outpatients desk.
8. To develop and maintain a good understanding of the national overseas guidance.
9. To identify and investigate potential overseas patients who present at the Trust, through the various access points, in line with the overseas guidance. This will involve liaising with clinical colleagues and families.
10. To raise invoices (estimates in advance) for those patients identified as overseas and not covered by an international reciprocal agreement.
11. To provide information to internal and external auditors as part of annual audits.
About us
As one of Europe's biggest and busiest children's hospitals, at Alder Hey Children's NHS Foundation Trust, we treat everything from common illnesses to highly complex and specialist conditions. In addition to our main hospital site, we offer paediatric services at a number of community sites and hold local clinics across Merseyside, Cumbria, Shropshire, Wales and the Isle of Man. We also provide specialist inpatient care for children with complex mental health needs in our recently relocated and newly opened state of the art facility.
Alder Hey has a thriving research portfolio and leads research into children's medicines, infection, inflammation and oncology. We are becoming recognised as one of the world's leaders in children's healthcare and research. We contribute to public health, lead cutting-edge research and teach the next generation of children's specialists. Alongside this is our Innovation Hub, a dedicated space where clinicians and industries can come together to create new products and technologies.
We know that a children's hospital is different and that our job is more than just treating an illness. To us, every child is an individual. As well as giving them the very best care, we set out to make them feel happy, safe and confident as they play, learn and grow. At Alder Hey we are here to look after a child and their family and that includes mums, dads, brothers and sisters.
Job description
Job responsibilities
1. To prepare the Trust monthly income position in accordance with the agreed timetable, ensuring the general ledger reflects that position.
2. To monitor income variances, explore and seek reasons for those variances and discuss significant issues with divisional accountants and service managers.
3. To produce full-year income forecasts as part of the month-end timetable.
4. To complete the income sections of the Trust's monthly NHSI (PFR) submission.
5. To oversee the raising of monthly invoices and adjustments to commissioner payment schedules as required.
6. To help the debtors team resolve invoice disputes and generally support in the management of aged debt.
7. To read and understand annual income & contracting guidance.
8. To be the income lead in the month 9 and 12 Agreement of Balances (TAC) exercises.
9. To be the income lead in the annual finance budget setting exercise.
10. To be the Health Education England income contact.
11. To strengthen and improve the Trust's identification of overseas patients, with a particular focus on the Trust's entry points, eg ED dept and outpatients desk.
12. To develop and maintain a good understanding of the national overseas guidance.
13. To identify and investigate potential overseas patients who present at the Trust, through the various access points, in line with the overseas guidance. This will involve liaising with clinical colleagues and families.
14. To raise invoices (estimates in advance) for those patients identified as overseas and not covered by an international reciprocal agreement.
15. To maintain an internal record/database of all overseas patients and ensure that patients are logged on the national overseas portal.
16. To complete the Trust's monthly overseas debtors scheme submission.
17. To support the contracting function as required.
18. To provide information to internal and external auditors as part of annual audits.
Person Specification
Scored offline
Essential
1. CIMA part-qualified
Desirable
1. 3 year experience
Employer details
Employer name
Alder Hey Children's NHS Foundation Trust
Address
Innovation Park
Digital Way
Liverpool
L7 9NJ
Any attachments will be accessible after you click to apply.
411-COR-24-6800782 #J-18808-Ljbffr