Management Accounts Assistant

4 weeks ago


Bolton, United Kingdom Bolton NHS Foundation Trust Full time

Bolton NHS Foundation Trustwould like to appoint a placement student to gain invaluable experience of working in a finance office to underpin the theoretical knowledge being taught.

The Management Accounts Assistant will support the Financial Management team in the provision of financial information, analysis and advice to managers and staff within the Trust in the most timely and effective manner.

To support the Finance Business Partner (FBP) and Divisional Finance Teams in ensuring the Division make effective use of the available financial resources in pursuit of agreed Divisional and Corporate goals.

To support with providing a comprehensive financial management and support service to the Division, providing a range of advice, information and analysis to budget holders at various levels within the Division.

To support the FBP in the formulation and co-ordination of Divisional budget setting, financial planning, forecasting, monthly monitoring and reporting whilst adhering to corporate standards and timetables.

Bolton NHS Foundation Trust is an integrated care organisation. Royal Bolton Hospital (RBH) has approximately 700 beds and a turnover of £320m. It is one of the busiest hospitals in Greater Manchester for urgent care and is a regional 'supercentre' for maternity services, babies and children. As an integrated organisation we also provide care and support in the community at over 20 health centres and clinics, including the Bolton One complex in the town centre, as well as services such as district and school nursing. We serve a population of around 270,000 and employ approximately 5,300 staff.

The Finance department is accredited at the highest level for Finance Skills development at FSD Level 3, training and development is at the heart of what we are about. Working with the Management Accountant, Deputy Finance Business Partner and Finance Business Partner, you will be an integral part of the Financial Management team.
- To contribute to the completion and analysis of the monthly Divisional management accounts, ensuring accuracy and completeness in accordance with strict reporting deadlines and accounts journal processing procedures.
- To assist the FBP and DFBP with achieving a detailed understanding of the drivers behind all significant variances to both Divisional expenditure budgets and activity/income plans and produce detailed analysis to support any explanations.
- To assist the Management Accountant with budget holders meetings within the Division to ensure that any potential financial problems are identified as early as possible and plans developed to rectify these.
- To ensure all Divisional income due to the Trust is recovered in full as quickly as possible through raising invoices and providing support to deal with any invoice queries that may arise.
- To liaise with other departments to ensure correct budget codes are used when coding invoices and employee records.
- To collate information from various sources both internal and external to the Trust and process the information onto the general ledger in a timely and accurate manner.
- To undertake a range of monthly control account reconciliations with reference to adequate source documentation.
- To support with the annual budget setting process for the Division ensuring all expected expenditure and income is budgeted for or known and detailed in full.
- To support the Divisional Finance Team with identifying potential financial opportunities for change and growth within the Division where appropriate.



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