Assistant Financial Manager

3 weeks ago

Wimborne Minster, Dorset, United Kingdom NHS Dorset Full time

Position Overview

At NHS Dorset, we recognize the importance of genuine applications and encourage candidates to present their authentic skills and experiences. We are committed to a fair evaluation process, appreciating the role of technology while valuing individual contributions.

This is a remarkable opportunity for a dedicated finance professional to become a vital part of our dynamic management accounts team. The Assistant Financial Manager position will be crucial in delivering precise and timely financial reporting, analysis, and guidance to support the organization.

As a member of our extensive and active management accounts team, you will play a significant role in:

  • Assisting in the management accounts function as we transition towards a fully integrated care system.
  • Providing support in the financial management of designated business areas.
  • Actively participating as a member of a team of highly skilled finance professionals.

If you possess the enthusiasm and commitment to contribute to a large and busy management accounts function, supporting the broader healthcare system, we look forward to your application.

We promote flexible working arrangements, including options for location and hours, and are open to discussing arrangements that enhance your work-life balance.

Main Responsibilities

The successful candidate will be responsible for:

  • Working towards a full qualification with the Association of Accounting Technicians (AAT) or an equivalent qualification at NVQ level 4.
  • Effectively communicating both verbally and in writing, including the ability to convey complex financial information.
  • Demonstrating adaptability and working collaboratively within a team in a demanding environment.
  • Engaging with internal and external stakeholders with a customer-centric approach.

About NHS Dorset

We are dedicated to addressing the factors that influence health and well-being, driving meaningful change, and enhancing services for our communities.

Core Objectives

  • Enhance health outcomes and healthcare delivery.
  • Address disparities in outcomes, experiences, and access to services.
  • Improve efficiency and value for money.
  • Support broader social and economic development through healthcare initiatives.

Job Duties

Purpose of the Role

  • Support the Senior Management Accountant in producing integrated, efficient, and accurate management accounting information for senior finance teams and decision-makers.
  • Assist in providing financial information and advice to decision-makers, external agencies, and partner organizations.
  • Ensure financial data is processed according to approved procedures through personal contributions and coordination of team efforts.
  • Collaborate with all departments to provide financial information, advice, and support.
  • Assist in managing budgets for Personal Health Commissioning (PHC), including month-end processes, monitoring expenditures, and forecasting.
  • Investigate complex inquiries to provide necessary advice and contribute to corporate reporting and business planning.
  • Maintain professionalism in all interactions with stakeholders, ensuring timely and clear communication.

Specific Tasks and Objectives

You will support the Senior Management Accountant as the finance lead for Personal Health Commissioning, responsible for delivering complex financial information that requires a solid understanding of financial procedures and NHS finance regulations. The Management Accounting function is essential for providing financial insights that enable effective organizational operations and informed decision-making.

The role of Assistant Financial Manager includes:

  • Establishing and maintaining communication regarding complex financial matters, often requiring the ability to simplify information for non-financial audiences.
  • Assisting in setting PHC budgets, maintaining financial forecasts, and analyzing variances from established budgets.
  • Calculating monthly accruals and provisions related to PHC.
  • Monitoring and analyzing complex expenditure trends and budget performance, identifying significant issues and providing advice.
  • Preparing and posting financial journals.
  • Assisting in completing financial returns and supporting non-financial information requirements.
  • Handling confidential financial and patient data in compliance with organizational policies.
  • Managing line responsibilities for assigned staff.
  • Developing and maintaining desktop procedures for financial processes to ensure efficiency and accuracy.
  • Utilizing major financial management systems to process and analyze information for accurate reporting.
  • Assisting in identifying and mitigating financial risks.
  • Participating in project work as required.
  • Providing coverage for team members during absences.
  • Being prepared to work additional hours during year-end processes.

Please note that we reserve the right to extend the closing date or close this vacancy early if we receive sufficient applications for the role.

For further information, please refer to the full Job Description.

Skills, Abilities, and Knowledge

Essential

  • Proficiency in Microsoft Office, particularly Excel.
  • Ability to prioritize tasks effectively and meet deadlines.
  • Strong keyboard skills for accurate data entry.
  • Capacity to use initiative within the scope of responsibilities.
  • Excellent communication skills, both verbal and written, with the ability to convey complex financial information.
  • Ability to exercise tact and diplomacy in various situations.
  • Analytical skills to assess situations and provide resolutions.
  • Familiarity with IT systems, including SBS and Business Intelligence.
  • Flexibility and teamwork in a challenging environment.

Qualifications

Essential

  • Part Qualified (Finalist/Diploma) Professional Consultative Committee of Accountancy Bodies (CCAB) Accountancy Qualification.
  • Fully qualified AAT or actively pursuing full AAT qualification / Proven Professional Accountancy qualification at NVQ level 4.

Experience

Essential

  • Recent experience in a comparable role at a similar level.
  • Proven ability to work under pressure and meet strict deadlines.
  • Experience in engaging with internal and external stakeholders with a customer-focused approach.
  • Experience in the NHS or local government sector.

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