Cost and Income Accountant

Overview The overarching aim of this post is to be a role model effectively act as the Trust’s financial lead responsible for providing proactive and interventional financial leadership to the Commissioning, Contracting, Costing, Information/performance management and Business Development teams, in respect of income and service line reporting. The role will be an integral part of the Finance Team providing support to the Assistant Director of Finance and provide a reliable and responsive financial management service to ensure the provision of high‑quality financial advice and information to Service Managers, Senior Managers and other stakeholders. The Cost and Income Accountant is responsible for the successful financial monitoring of all Private Patients and Overseas Visitor income and activity including continual development and improvement of financial management practices in these income streams. The role will also include line management and development of staff. Manage the relationship with the Lead Commissioner at a technical financial level and provide cover for the Assistant Director of Finance in this relationship at Operational level. Responsible for negotiations and responses to contractual challenges from Commissioners, and proactive in making changes to improve this process. Ensure that the Trust is compliant with the terms of the contract and where not help quantify the potential risks and liabilities. Production, review and update of contract finance schedules for specified contracts, ensuring inclusion of all contract variations and contract changes. As part of the month end process provide variance analysis and identify areas for investigation. Support the Financial Management teams to identify the financial consequences of changes on the Trust's Income and Expenditure budgets. Support the development, implementation and operation of Service Line Reporting (SLR) across the wider organisation to produce accurate, timely and reliable management information to facilitate Service Line Management and drive forward service improvements and efficiencies. This will include overseeing the national cost collection return. Cambridgeshire and Peterborough NHS Foundation Trust is a health and social care organisation dedicated to providing high‑quality care with compassion to improve the health and wellbeing of the people we care for, as well as supporting and empowering them to lead a fulfilling life. Our clinical teams deliver many NHS services, not only via inpatient and primary care settings, but also within the community. These services include children’s, adult and older people’s mental Health, forensic and specialist mental Health, learning disabilities, primary care and liaison psychiatry, substance misuse, social care, research and development. To achieve our goal, we look to recruit high‑calibre candidates who share our vision and values. As an equal opportunities employer, we encourage applications from all sectors of the community, particularly from under-represented groups including people with long term conditions and members of our ethnic minority and LGBTQ+ communities. Key Responsibilities Provide proactive and interventional financial leadership to the Commissioning, Contracting, Costing, Information/performance management and Business Development teams, in respect of income and service line reporting. Support the Assistant Director of Finance and provide reliable and responsive financial management services to Service Managers, Senior Managers and other stakeholders. Monitor the financial performance of all Private Patients and Overseas Visitor income and activity, and continually improve financial management practices in these income streams. Line‑manage and develop staff within the Finance Team. Maintain a technical financial relationship with the Lead Commissioner and provide operational cover for the Assistant Director of Finance in this relationship. Negotiate and respond to contractual challenges from Commissioners, proactively improving the process. Ensure compliance with contract terms and quantify potential risks and liabilities. Produce, review and update contract finance schedules for specified contracts, incorporating all variations and changes. Provide variance analysis as part of the month‑end process and identify areas for investigation. Support the identification of financial consequences of changes on the Trust's Income and Expenditure budgets. Develop, implement and operate Service Line Reporting (SLR) across the wider organisation, overseeing the national cost collection return. Seniority level Mid‑Senior level Employment type Full‑time Job function Accounting/Auditing and FinanceIndustries: Hospitals and Health Care Additional Information Please be advised we reserve the right to close adverts earlier than the closing date should we receive sufficient applications. Regrettably, we cannot offer sponsorship for all our job roles. If you apply for a role that we cannot offer sponsorship for, unfortunately, your application form will be rejected from the process. For further details / informal visits contact: Name: Tendai MnangagwaJob title: Assistant Director of FinanceEmail address: tendai.mnangagwa@cpft.nhs.uk #J-18808-Ljbffr