Band 6 Finance Analyst
1 week ago
**AIM OF THE ROLE**:
To provide a high quality analytical service to the Business Partnering Team to support the delivery of an
appropriate Financial Risk Rating as determined by the Financial Compliance Framework.
To provide assurance to the Senior Finance Manager of the quality of historic and forecast financial information through completion of analytical review processes.
To be accountable to the Finance Manager for the adherence to Trust financial policies and procedures, statutory requirements and requirements from Department of Health, Monitor and the Trust Development
**The post holder must be part qualified with a CCAB or equivalent qualification, and have significant experience within finance and be fully committed to Continuous Professional Development**.
We are absolutely committed to ensuring that our patients have the best possible experience within our hospitals. We are looking for people who are committed to delivering excellent patient care, whatever their role, and who take pride in what they do. Weplace a high value on treating all patients, customers and colleagues with respect and dignity, and seek people who strive for excellence and innovation in all that they do.
We value all of our staff and aim to provide rewarding careers and benefits, fulfilling work environments and exciting opportunities.
**Imperial College Healthcare NHS Trust Values**
- **Kind** - We are considerate and thoughtful, so you feel respected and included.
- **Collaborative** - We actively seek others’ views and ideas, so we achieve more together.
- **Expert** - We draw on our diverse skills, knowledge and experience, so we provide the best possible care.
- **Aspirational** - We are receptive and responsive to new thinking, so we never stop learning, discovering and improving.
**KEY WORKING RELATIONSHIPS**:
- Finance Business Partners
- Finance Managers
- Senior Finance Managers
- Income Team
- Accounting Team with Financial Services
- Budget Holders
**KEY RESULT AREAS**:
- Finance & Business Planning
- Reporting
- Procurement & Supply Chain
- Workforce Planning
- Training
- Performance Review
**MAIN TASKS AND RESPONSIBILITIES**:
- **Finance & Business Planning**
1.1. To provide analytical support to the Senior Finance Manager/Finance Manager to identify key issues from financial and other business information.
1.2. To maintain a detailed schedule of "normalizing adjustments" to ensure the underlying trend analysis and year on year comparison can be clearly reported.
1.3. Contribute to the continued development of effective management accounting services and information systems.
- **Monthly Reporting**
2.1. To support the Senior Finance Manager/Finance Manager in undertaking comprehensive analytical reviews of monthly financial reports to ensure accuracy of information.
2.2. To review accounting accruals and adjustments input by the Financial Accounting team and prepare journals to finalise the financial position for the review by the Senior Finance Manager /Finance Manager.
2.3. Take the lead of preparing the monthly reports for review by the Senior Finance Manager/Finance Manager.
2.4. Provide support in the monitoring and reporting of the CIP programme.
2.5. Provide a level of support to the division to complement standard reporting and manager self service.
2.6. Provide support to ensure forecasts are regularly updated in the finance system.
- **Procurement & Supply Chain**
3.1. To ensure compliance with the Trust Procure to Pay policies and procedures.
3.2. To produce weekly reports on non-compliance with Purchase to Pay processes.
- **Workforce Planning**
4.1. To undertake a detailed analytical review of the monthly payroll and identify any significant changes which have not been identified in financial forecasts and plans as well as identify issues which require management action.
4.2. Assist the Senior Finance Manager/Finance Manager in the weekly reporting and forecasting of agency costs.
4.3. Maintain establishment reports and ensure regular reconciliation with the ESR system.
- **Other**
5.1. Assist in the rolling programme of training and development of non-financial managers in the Trust.
5.2. Provide ad-hoc support as required by the Senior Finance Manager/Finance Manager to support the needs of the department.
5.3. Support the costing and profitability team with review of allocation and identification of costs.
5.4. Provide support to maintain and develop the collaborative planning system.
**Scope and Purpose of Job Description**
**_A job description does not constitute a 'term and condition of employment’. It is provided only as a guide to assist the employee in the performance of their job. The Trust is a fast moving organisation and therefore changes in employees’ dutiesmay be necessary from time to time. The job description is not intended to be an inflexible or finite list of tasks and may be varied from time to time after consultation/discussion with the postholder._**
**PERSON SPECIFICATION**
**EDUCATION**
**Essential**
- Part qualified CCAB
**SKILLS/ABILITIES**
**Essential**
- Accounting skills including financial analysis, reconciliation and simple modelling
- Able to work autonomously with the skills to make simple decisions independently
- Ability to work with competing priorities to meet deadlines
- Excellent organisation and time management skills
**EXPERIENCE**
**Essential**
- Relevant work experience within the NHS crucial
- Experience of computerised financial systems
- Experience in accounting e.g. processing journals
- Experience of reconciliation
- Working effectively in a fast-changing environment
- Knowledge of NHS finance policy and NHS legislation
**Desirable**
- Working within the NHS for at least 3 years
**COMMUNICATION SKILLS**
**Essential**
- Good writing skills
- Good verbal skills
- Ability to produce clear written information for budget holders
**VALUES**
**Essential**
- Demonstrable ability to meet Trust values
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