Employer: South London and Maudsley NHS Foundation Trust
Employer type: NHS
Site: Jeanette Wallace House
Town: Croydon
Salary: £42,939 - £50,697 per annum inclusive of HCAS
Salary period: Yearly
Closing: 18/11/2024 23:59
Management Accountant
Band 6
South London and Maudsley NHS Foundation Trust has a rich history, well-established community links and an international reputation. We deliver specialist services in the London boroughs of Croydon, Lambeth, Lewisham and Southwark, Bexley, Bromley, Greenwich, Wandsworth and Richmond.
We are committed to providing high quality and specialist care to our service users and we are recognised for the care and treatment we provide. The Care Quality Commission already rates our services as ‘good’.
We launched our five-year strategy, Aiming High; Changing Lives in 2021 together with Our Care Improvement System as our quality management system methodology to make a positive impact on patient care, outcomes and staff experience. By joining SLaM, all staff will get the opportunity to be part of this exciting improvement journey supported with learning and development to harness everyone’s potential as change makers.
The trust recognises the unique and valuable contribution that people with lived experience of mental illness can bring to a role. We therefore welcome applications from people with lived experience and consider them as an asset to the Trust.
Our Values
We take pride in providing specialist care to our service users where our Trust values and our promise to be caring, kind, polite, prompt, honest, listen and do what I say I’m going to do is at the heart of everything we do. When you join us, you’ll be part of something special.
As a Trust, we are happy to talk flexible working.
Job Overview
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 in providing 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 assist in the 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.
* Work 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.
* Produce 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.
* Investigate and analyse variances from budget and report and explain these to budget holders and other senior managers.
Working for Our Organisation
South London and Maudsley NHS Foundation Trust (SLaM) provides 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.
Detailed Job Description and Main Responsibilities
* Support the Finance Business Partner, ensuring the effective provision of a comprehensive management accounting service.
* Work 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.
* Produce 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.
* Investigate and analyse variances from budget and report and explain these to budget holders and other senior managers.
* Participate in the costing and pricing of the Trust’s activity.
* Review 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.
* Assist managers in developing business plans for their areas of responsibility.
* Liaise with internal departments and external agencies to obtain relevant information in a timely manner.
* Support Finance Business Partner with preparation of monthly financial accounts and forecasts, including journal preparations for accruals, adjustments, coding and budget changes.
* Involved in costing R&D projects, analysing existing projects and reporting to internal and external organisations.
* Monitor and invoice 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.
* Ensure work structure information (ESR) reconciles with budgets and ensure the efficient processing of authorisation requests on the Trust recruitment system (currently TRAC).
* Keep the budget 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.
* Manage stakeholder expectations and satisfaction, engaging with a range of internal and external customers with different backgrounds and sometimes competing objectives.
* Assist 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 work 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
* 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
* A detailed understanding of finance & accounting procedures with some understanding of its application within an NHS environment.
Experience
* 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-oriented environment.
* 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
* Good 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.
* Able to express complex and technical issues, both orally and in writing in an easily understood and persuasive manner for a range of audiences.
* Professional and self-motivated with a proactive approach to problem-solving.
The Trust is committed to providing services which embrace diversity and that promote equality of opportunity. We are a Disability Confident Employer, we welcome applicants from all sections of the community and people of all protected characteristics. We provide reasonable adjustments for candidates with a disability and are committed to treating people fairly with compassion, respect and dignity and in promoting equality and human rights.
Please note:
* All applications for this post will need to be made online.
* Read and understand the Job Description and Personal Specification attached to the role. Your Statement in Support should reflect the requirements specified as your application will be judged against these criteria.
* The closing date listed is a guide only and that the vacancy may close earlier should sufficient number of applicants have been received. We advise that you submit your application as early as possible.
* Once you have submitted your application you agree to your application being transferred to a 3rd party e-recruitment system. All subsequent information regarding your application will be generated from apps.trac.jobs.
* Should you not have heard from us within three weeks from the closing date your application has not been successful.
* Priority consideration for applications may be given to at-risk NHS employees.
* Should you be successful and appointed, you authorise South London and Maudsley NHS Foundation Trust to confirm your previous NHS service via an Inter Authority Transfer (IAT) process.
* We are a smoke-free Trust.
SLaM is a Stonewall Diversity Champion. Stonewall is the largest Lesbian, Gay, Bi and Trans (LGBT) rights charity in Europe.
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