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Assistant Management Accountant

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Great Western Hospitals NHS Foundation Trust

Sep 6

  • Job
    Full-time
    Junior & Mid Level

AI generated summary

  • You need accounting experience, AAT Advanced or NVQ Level 3, GCSE C in English & Maths, spreadsheet skills, and ability to advise non-financial managers. NHS experience is a plus.
  • You will assist in monthly management accounts, budget preparation, financial reporting, and resolve queries while maintaining accurate records and supporting divisional financial analysis.

Requirements

  • Experience Essential
  • Experience of spread sheet and system design to confirm validity of large amounts of data, minimise errors whilst ensuring work is completed in line with financial timescales and procedures
  • Use of accounting software packages
  • Experience of advising non-financial managers on financial issues
  • Desirable
  • Experience of Oracle Financial Accounting software
  • Experience of business reporting tools
  • Experience of dealing with queries from both internal and external parties
  • Qualifications Essential
  • AAT Advanced Diploma in Accounting or NVQ Level 3 or equivalent
  • Grade C or above at GCSE English and Maths or equivalent
  • Experience of a management accounting environment to include all aspects of production, using principles and adhering to Standing Financial Instructions
  • Desirable
  • NHS experience

Responsibilities

  • To assist in the production of the Divisions Management Accounts on a monthly basis to an agreed timetable.
  • Responsible for assisting the Finance Business Partner and divisional finance team, in the financial reporting for specific departments or Divisions, covering areas including financial position, budget and efficiencies.
  • Responsible for assisting the Finance Business Partner in the production of budgets for specific areas of reporting responsibility.
  • Responding to queries from Divisional and Departmental Managers.
  • To facilitate the production of accurate staff in post listings, budget reconciliation and financial figures in support of Divisions financial position.
  • Prepare and input to the ledger system actual and budget journals, as required, to ensure planned and actual expenditure is recorded under appropriate account and cost centre codes.
  • Analyse, investigate and resolve errors within Supplies and Payroll systems and take appropriate corrective action within monthly reporting timescales.
  • Responsible for compiling and maintaining the Divisions billing schedules, ensuring that the income claimed is uplifted on an annual basis.
  • Responsible for raising and cancelling invoices as requested by Departmental Managers and Finance Business Partners, ensuring that all queries are resolved.
  • To calculate and notify payroll in respect of appropriate deductions or additional payments to be made via salaries, e.g. private telephone calls.
  • To assist in the preparation of both monthly and ad hoc management information as and when required including input in to the Trusts board report.
  • To carry out variance analysis for Divisions to understand and provide information to budget managers and Finance Business Partners.
  • To provide financial information as required enabling Finance Business Partners to produce monthly Division Finance Reports including recovery plans.
  • To produce and maintain spread sheets and databases and to ensure that the analysis is accurate and robust, e.g. staff in post.
  • To contribute in the preparation of the Trusts annual budget setting process, including the production of the Trusts budget book.
  • To undertake pay costing for Divisions.
  • Meet with budget holders to discuss current financial position, agree staff in post, explanations of variances and to ensure proper process and governance is followed.
  • Develop and maintain good working relations with budget holders to develop knowledge and understanding of their area that may have financial implications.
  • To assist in the production of information to be included in the year-end accounts, including creditors, debtors and supporting analysis.
  • Provide support and participate in stock takes for inclusion in the annual accounts.
  • Proactively assist Senior Management Accountant and Management Accountants in reviewing current work practices and recommending improvement and changes where required.
  • Assist in the production of procedure notes for Finance Management and also develop and maintain procedure notes for Division specific tasks, in order to facilitate cover arrangements whilst on leave.
  • To help and assist other staff members as required and requested by management and to provide cover for absent colleagues within Financial Management.
  • Proactively focus on continued professional development within the role.

FAQs

What qualifications are required for the Assistant Management Accountant role?

A minimum AAT Level 3 or NVQ Level 3 Qualification or equivalent is required, as well as Grade C or above at GCSE in English and Maths or equivalent.

What experience is necessary for this position?

Experience in spreadsheet and system design for data validation, use of accounting software packages, and advising non-financial managers on financial issues is essential. Experience in a management accounting environment is also required.

Is NHS experience necessary?

NHS experience is desirable but not essential for this role.

Are there opportunities for professional development in this role?

Yes, the role encourages continued professional development.

What are the working hours for this position?

The position involves hybrid working, with a requirement to be onsite a minimum of two days a week.

Will I need to assist with financial reporting?

Yes, you will be responsible for assisting in the production of management accounts and financial reporting for specific departments or divisions.

How will I support budget managers?

You will provide financial support and advice, hold regular meetings with budget managers, and assist in budget production and financial monitoring.

What responsibilities do I have regarding invoices?

You will be responsible for raising and cancelling invoices as requested by Departmental Managers and Finance Business Partners.

Is there a focus on teamwork in this role?

Yes, teamwork is emphasized, and you will need to develop good working relations with budget holders and other finance team members.

What tools will I need to use in this position?

You will use various accounting software packages and may work with business reporting tools.

What kind of analytical work is involved in this role?

You will carry out variance analysis, investigate financial discrepancies, and analyze data to support budget managers and provide financial information.

Can I apply for this role if I need a visa to work in the UK?

Yes, applications from job seekers requiring a Skilled Worker sponsorship are welcome and will be considered alongside all other applications.

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Great Western Hospitals NHS Foundation Trust

Together we are Great

Science & Healthcare
Industry
5001-10,000
Employees
2006
Founded Year

Mission & Purpose

Great Western Hospitals NHS Foundation Trust operates several hospitals and healthcare services in the Swindon area. Their mission is to provide exceptional care and improve health outcomes for their community. They are dedicated to delivering high-quality, patient-centered services, ensuring that care is accessible, effective, and tailored to the needs of individuals within their catchment area.