The aim of the role is to support the Head of Finance to provide a full financial accounting and reporting service ensuring timely management information is produced. The role will have responsibility for ensuring all management accountant duties are fulfilled in line with timescales. This will include budget setting, forecasting and variance analysis and month end reporting. You will provide financial information, analysis and advice to budget holders and have responsibility for the management accounting for specified areas. You will closely support budget holders and therefore your ability to communicate financial performance compared to budget to colleagues from a non-financial background will be paramount. Depending on the needs of the business your role may place more emphasis on one or more of the duties above, but you will be required to have knowledge of all.
The post holder will also be responsible for revenue recognition across contracts and associated balance sheet reconciliations.
The post holder will support all divisions of the business, partnering the management team of the divisions and the Directors as needed.
The post holder will also be required to ensure systems and processes are fully documented, identifying and implementing efficiencies and enhancing financial controls. You will also work alongside the Head of Finance in developing the financial reporting system and the implementation of a new finance system.
Main duties of the job
1. Month End Reporting
2. To ensure all transaction processing is accurate, complete and timely - raising journals and accruals/prepayments/provisions as appropriate
3. Oversee completion of monthly management accounts in line with deadlines
4. Review/calculation of monthly income recognition ensuring accuracy of deferring or accruing income as necessary
5. Assisting team with production of monthly management accounts
6. Conducting balance sheet reviews and preparing balance sheet reconciliations
7. Conduct variance analysis against budgets, forecasts & prior year information and then providing commentary to explain reasons.
8. Assisting the Head of Finance in producing the month end reporting pack for the Board of Directors
9. Assisting/reviewing contract/site level reporting packs for budget holders, regional managers and divisional leads
10. Assisting the Head of Finance with reporting improvements
11. Budgeting & Forecasting
12. Working with budget holders for cost centres within the post holders remit in order to produce a detailed budget on an annual basis
13. Working with budget holders for cost centres within the post holders remit in order to produce a detailed (budget) reforecast at the half-way stage on an annual basis
14. Maintaining a working/live P&L forecasting model for each cost centre which is constantly updated to reflect new information as it becomes known and also to reflect actual costs as these are produced on a monthly basis.
About us
IntraHealth is one of the UKs leading provider of NHS Primary and Community Care services. We serve a range of patients across our three divisions of Primary Care (general practice), Pharmacy and Clinical Services which includes anticoagulation monitoring, patient medication reviews and childhood immunisation programmes.
We also provide management and clinical support to other GP practices and NHS bodies. We are a well-established organisation having provided NHS services since the company was founded in 1999. Our team is made up of GPs, Advanced Nurse Practitioners (ANPs), Nurses, Pharmacists, Pharmacy Technicians, Health Care Assistants (HCAs) and local administration teams supported by a centralised back office function; providing finance, HR, administration and data analysis support.
We operate NHS services across the North East, North West and Yorkshire.
Job responsibilities
1. Month End Reporting
2. To ensure all transaction processing is accurate, complete and timely - raising journals and accruals/prepayments/provisions as appropriate
3. Oversee completion of monthly management accounts in line with deadlines
4. Review/calculation of monthly income recognition ensuring accuracy of deferring or accruing income as necessary
5. Assisting team with production of monthly management accounts
6. Conducting balance sheet reviews and preparing balance sheet reconciliations
7. Conduct variance analysis against budgets, forecasts & prior year information and then providing commentary to explain reasons.
8. Assisting the Head of Finance in producing the month end reporting pack for the Board of Directors
9. Assisting/reviewing contract/site level reporting packs for budget holders, regional managers and divisional leads
10. Assisting the Head of Finance with reporting improvements
11. Budgeting & Forecasting
12. Working with budget holders for cost centres within the post holders remit in order to produce a detailed budget on an annual basis
13. Working with budget holders for cost centres within the post holders remit in order to produce a detailed (budget) reforecast at the half-way stage on an annual basis
14. Maintaining a working/live P&L forecasting model for each cost centre which is constantly updated to reflect new information as it becomes known and also to reflect actual costs as these are produced on a monthly basis.
15. Providing input into the monthly cashflow forecasting exercise for cost centres within the post holders remit
16. Maintaining a staff model for cost centres to ensure accurate staff cost forecasts
17. Maintaining Policies, Procedures and Records
18. Assist in maintaining a documented system of accounting policies and procedures
19. Drive process improvement and policy development initiatives that impact the function
20. Maintaining records such as customers, asset registers, chart of accounts
21. Relationships
22. Assist with requests for evidence from external auditors
23. Liaise with internal and external stakeholders including NHS Pension Authority and NHS Property Services
24. Represent IntraHealth in a manner befitting the image of the organisation
25. Work unsupervised when necessary whilst recognising the need to refer to others for support/guidance when required.
26. To work effectively as part of a team.
27. Communicate clearly and in a manner consistent with the individuals level of understanding.
28. Other duties
29. Assisting with the year end audit process
30. Support Head of Finance with finance projects specifically new finance system implementation
31. Finance support for tenders, including completion of models
32. Input in to the production of business cases and business development.
33. Producing ad-hoc reports and dealing with requests from the Senior Management Team & Board of Directors
34. Monthly review of debtor balances and recovery of aged debts.
35. Supporting and developing junior members of the team
36. BI Reporting systems maintenance and development
Person Specification
* Flexible and proactive approach to work.
* Team player.
* Calm and friendly personality
* High energy levels and commitment
* Approach challenges in an open, constructive, professional manner
* Ethical and honest
* Discreet and confidential.
* Innovative and proactive with a solution orientated approach
* Organised, methodical and disciplined
* Demonstrable ability to maintain accuracy at all times.
* Able to communicate in a professional manner both verbal and written.
* Able to manage high volume workload and respond effectively to changing priorities without direct supervision
* Develop strong working relationships with internal and external stakeholders.
* Ability to maintain clear focus under pressure.
* Solid computer literacy and a high level of proficiency with Microsoft Excel and Word.
* Able to work in a busy office environment that often demands high levels of concentration, while coping with frequent interruptions
* Logical and systematic in work processes
* Skills for manipulating information.
* Demonstrates clear problem-solving capabilities in pressurised situations.
* Good analytical ability
* Understanding of the data protection act and GDPR
* Willingness to learn and develop
* Prepared to undertake further studies to obtain accountancy qualifications
* Supervising another staff member.
* Ability to provide training, performance coaching and feedback to staff.
* Understanding of patient confidentiality, consent, clinical governance, information governance and Caldicott requirements
Experience
* Knowledge of IT applications particularly Microsoft Office packages
* Experience of management accounts and budget preparation
* Knowledge of Accounting Standards
* Experience of costing/pricing, variance analysis, financial reporting and forecasting.
* Evidence of sound communication skills with non-financial managers on financial issues
* Experience of Business Partnering Divisional Leads.
* Balance sheet reconciliations completion and/or review.
* Experience of presenting information in numerous formats.
* Experience of financial modelling.
* Experience of day-to-day interaction with Budget holders
* Experience of working within a finance team within a busy office environment.
* Experience of working with finance systems, Microsoft Dynamics Navision in particular and BI reporting.
* Basic knowledge of the NHS and its current financial regime
* Staff coaching experience
* Improving and documenting procedures.
* System implementation/improvements
* Experience of calculating contract tenders and bids
Qualifications
* 5 GCSEs at Grade A to C or equivalent including Maths
Skills and Abilities
* Demonstrable ability to maintain accuracy at all times.
* Able to communicate in a professional manner both verbal and written.
* Able to manage high volume workload and respond effectively to changing priorities without direct supervision
* Develop strong working relationships with internal and external stakeholders.
* Ability to maintain clear focus under pressure.
* Solid computer literacy and a high level of proficiency with Microsoft Excel and Word.
* Able to work in a busy office environment that often demands high levels of concentration, while coping with frequent interruptions
* Logical and systematic in work processes
* Skills for manipulating information.
* Demonstrates clear problem-solving capabilities in pressurised situations.
* Good analytical ability
* Computer literate with an advanced working knowledge of Microsoft Excel and Word.
* Supervising another staff member.
* Ability to provide training, performance coaching and feedback to staff.
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.
#J-18808-Ljbffr