Job summary The R&D Management Accountant is responsible for providing timely and accurate management information to the Trust's budget holders and senior management ensuring that the data is understood and used by non-finance managers allowing them to meet their own performance targets. They will work with minimal supervision, under the direction of the Finance Business Partner to carry out these duties and maintain high levels of satisfaction with a range of stakeholders, including budget holders, PIs, Researchers and colleagues around the Finance department. They will be involved to provide robust financial costing and monitoring of R&D projects undertaken within the Trust. To work closely with the Joint R&D Office at the Institute of Psychiatry, Psychology, and Neuroscience (IoPPN) and other research partners. To provide financial advice and guidance to Managers, Research Clinicians and Administrators within the Trust and its Research Partners. They will be involved to assist in production of all external R&D related reporting requirements, including financial statements to NIHR (ASTOXs) and CRN and for other research related projects. Main duties of the job Support the Finance Business Partner, ensuring the effective provision of a comprehensive management accounting service. Working closely with the Financial Services Team to prepare the monthly trust accounts in line with requirements as set out by the Associate Directors of Financial Services and Operational Finance Producing accurate and timely budgetary control reports. Undertake regular meetings with budget holders, PIs and Researchers (without supervision) to review accounts and support their understanding of the financial position Investigating and analysing variances from budget and reporting and explaining these to budget holders and other senior managers. About us South London and Maudsley NHS Foundation Trust (SLaM) provide the widest range of NHS mental health services in the UK as well as substance misuse services for people who are addicted to drugs and alcohol. We work closely with the Institute of Psychiatry, Psychology and Neuroscience (IoPPN), King's College London and are part of King's Health Partners Academic Health Sciences Centre. There are very few organisations in the world that have such wide-ranging capabilities working with mental illness. Our scope is unique because it is built on three major foundations: care and treatment, science and research, and training. Date posted 04 November 2024 Pay scheme Agenda for change Band Band 6 Salary £42,939 to £50,697 a year per annum inclusive of HCAS Contract Permanent Working pattern Full-time Reference number 334-NCL-6744848-TA Job locations Jeanette Wallace House Croydon CR0 1FE Job description Job responsibilities Support the Finance Business Partner, ensuring the effective provision of a comprehensive management accounting service. Working closely with the Financial Services Team to prepare the monthly trust accounts in line with requirements as set out by the Associate Directors of Financial Services and Operational Finance Producing accurate and timely budgetary control report Undertake regular meetings with budget holders, PIs and Researchers (without supervision) to review accounts and support their understanding of the financial position Investigating and analysing variances from budget and reporting and explaining these to budget holders and other senior managers. Participation in the costing and pricing of the Trusts activity. Reviewing financial transactions to ensure that they have been correctly processed and recorded. Produce accurate year end forecasts. Produce monitoring returns to external bodies as and when required. Assisting managers in developing business plans for their areas of responsibility. To liaise with internal departments and external agencies to obtain relevant information in a timely manner. Support Finance Business Partner, with preparation of a monthly financial accounts and forecast, including journal preparations for accruals, adjustments, coding and budgets changes. Involved in costing R&D projects, analysing existing projects and reporting to internal and external organisations. Monitoring and invoicing all research related funding income. Involved with the preparation of all statutory reporting of R&D Projects, including CRN and ASTOX-NIHR annual reports. Maintain adequate records for audit purposes. To ensure work structure information (ESR) reconciles with budgets and ensure the efficient processing of authorisation requests on the Trust recruitment system (currently TRAC) Ensure the budget is kept updated for alterations throughout the year in line with budget rules and Standing Financial Instructions. Work through complex financial and non-financial workloads with minimal supervision or support To manage stakeholder expectations and satisfaction, engaging with a range of internal and external customers with different backgrounds and sometimes competing objectives Assisting in other ad-hoc financial exercises as required. Undertake any other duties applicable to the grade/post as required. This post involves the use of display screen equipment as a significant part of normal works and the job holder will be a user as defined in the Health & Safety Policy on work with DSE. This post currently involves working from home full time with Trust provided equipment. Post-pandemic, it may be a combination of working from home / office work / travel to meetings as and when required. Job description Job responsibilities Support the Finance Business Partner, ensuring the effective provision of a comprehensive management accounting service. Working closely with the Financial Services Team to prepare the monthly trust accounts in line with requirements as set out by the Associate Directors of Financial Services and Operational Finance Producing accurate and timely budgetary control report Undertake regular meetings with budget holders, PIs and Researchers (without supervision) to review accounts and support their understanding of the financial position Investigating and analysing variances from budget and reporting and explaining these to budget holders and other senior managers. Participation in the costing and pricing of the Trusts activity. Reviewing financial transactions to ensure that they have been correctly processed and recorded. Produce accurate year end forecasts. Produce monitoring returns to external bodies as and when required. Assisting managers in developing business plans for their areas of responsibility. To liaise with internal departments and external agencies to obtain relevant information in a timely manner. Support Finance Business Partner, with preparation of a monthly financial accounts and forecast, including journal preparations for accruals, adjustments, coding and budgets changes. Involved in costing R&D projects, analysing existing projects and reporting to internal and external organisations. Monitoring and invoicing all research related funding income. Involved with the preparation of all statutory reporting of R&D Projects, including CRN and ASTOX-NIHR annual reports. Maintain adequate records for audit purposes. To ensure work structure information (ESR) reconciles with budgets and ensure the efficient processing of authorisation requests on the Trust recruitment system (currently TRAC) Ensure the budget is kept updated for alterations throughout the year in line with budget rules and Standing Financial Instructions. Work through complex financial and non-financial workloads with minimal supervision or support To manage stakeholder expectations and satisfaction, engaging with a range of internal and external customers with different backgrounds and sometimes competing objectives Assisting in other ad-hoc financial exercises as required. Undertake any other duties applicable to the grade/post as required. This post involves the use of display screen equipment as a significant part of normal works and the job holder will be a user as defined in the Health & Safety Policy on work with DSE. This post currently involves working from home full time with Trust provided equipment. Post-pandemic, it may be a combination of working from home / office work / travel to meetings as and when required. Person Specification Qualifications Essential AAT qualified or at management level for CIMA (50% completion) or at least 50% of exams completed for ACCA (skills level) or 50% complete CIPFA or ACA. Attained full European Computer Driving License or equivalent experience Knowledge Essential A detailed understanding of finance & accounting procedures with some understanding of its application within an NHS environment Experience Essential Significant experience in relevant finance areas Experience of using and developing complex financial management systems Experience of working to tight deadlines, within a highly pressured change orientated environment Desirable Costing experience in an NHS environment Presentation of financial information to a range of stakeholders, including senior management R&D Finance experience in the NHS, University or equivalent research oriented organisation. Skills Essential oGood supervisory and leadership skills as at times this post holder might be responsible for supervising and training a Trainee Accountant whilst meeting deadlines and competing priorities oAble to express complex and technical issues, both orally and in writing in an easily understood and persuasive manner for a range of audiences oProfessional and self-motivated with a proactive approach to problem solving Person Specification Qualifications Essential AAT qualified or at management level for CIMA (50% completion) or at least 50% of exams completed for ACCA (skills level) or 50% complete CIPFA or ACA. Attained full European Computer Driving License or equivalent experience Knowledge Essential A detailed understanding of finance & accounting procedures with some understanding of its application within an NHS environment Experience Essential Significant experience in relevant finance areas Experience of using and developing complex financial management systems Experience of working to tight deadlines, within a highly pressured change orientated environment Desirable Costing experience in an NHS environment Presentation of financial information to a range of stakeholders, including senior management R&D Finance experience in the NHS, University or equivalent research oriented organisation. Skills Essential oGood supervisory and leadership skills as at times this post holder might be responsible for supervising and training a Trainee Accountant whilst meeting deadlines and competing priorities oAble to express complex and technical issues, both orally and in writing in an easily understood and persuasive manner for a range of audiences oProfessional and self-motivated with a proactive approach to problem solving 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. Certificate of Sponsorship Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab). From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab). 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. Certificate of Sponsorship Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab). From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab). 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 South London and Maudsley NHS Foundation Trust Address Jeanette Wallace House Croydon CR0 1FE Employer's website https://www.slam.nhs.uk/ (Opens in a new tab)