Financial Analyst
1 month ago
Job summary
North West London Pathology (NWLP) is an NHS pathology partnership joint venture between Imperial College Healthcare NHS Trust, Chelsea & Westminster NHS Foundation Trust and The Hillingdon Hospitals NHS Foundation Trust. NWLP is modelled as a shared services organisation jointly owned by the three Trusts. The organisation is hosted by Imperial College Healthcare NHS Trust and as the legal entity for NWLP our staff are employed by Imperial College Healthcare NHS Trust.
Our vision is to be a state of the art integrated pathology network, delivering diagnostics to users and patients alike across primary, secondary and tertiary care. To be at the forefront of diagnostic innovation, translating research into routine pathology.
Our values are to be patient-focused, collaborative, expert and caring.
As the Financial Analyst for NWLP you will:
Support for operations to understand and manage financial performance Support for business case development, implementation and post implementation reviews Support NWLP to meet the broader financial governance requirements of the Host Continue to develop an acceptable financial reporting environment that supports the requirements of our operations, partners and external stakeholders" Even shorter turnaround times for budget holder queries. Increase the team's ability to close down month end quicker.
Main duties of the job
Verify data quality, ensuring investigation, accuracy and correction of errors as necessary
Assist in monthly reporting process; ensure work is completed within agreed timescales and complies with relevant policies
Assist in the Annual Accounts process; ensure work is completed within agreed timescales and complies with relevant policies, procedures and legislative requirements.
Ensure the departmental procedures and the Host Trust's Standing Financial Instructions are strictly adhered to.
Assist in the production of periodic monitoring returns to the Department of Health and other governing bodies.
Support team members, acting as finance contacts for Internal and External Audit for the Financial Accounting area, assisting them in implementing recommendations and ensuring action points are cleared prior to follow up visits.
Analyse costs, calculation and subsequent input of the relevant accruals/prepayments for the service area reporting on. These may include complex calculations.
Ensure all feeders are posted as per the reporting time table, this will involve liaising with financial accounts team and clearing any mismatches (GRN, Non Po etc).
Answer basic budget holder queries via telephone or email, or escalate to the appropriate person if the query cannot be answered.
About us
Benefits include career development, flexible working, staff wellbeing programmes, staff awards and recognition scheme. We also have available benefits including cycle to work, car lease schemes, season ticket loan or membership options for onsite leisure facilities.
NWLP Induction
The NWLP induction will run on the first Monday of each month (provided it does not fall on a bank holiday) and includes laboratory training (for relevant laboratory roles). All new staff must attend the NWLP induction during their first week with NWLP.
For 2023, see below the start dates which you will be able to book once you have completed all your pre-employment checks.
Monday 13 May 2024 Monday 3 June 2024 Monday 1 July 2024 Monday 5 August 2024 Monday 2 Sept 2024 Monday 7 October 2024 Monday 4 November 2024 Monday 2 December 2024Candidates are advised to consider these start dates before agreeing end of service date with their current employer.
Job description
Job responsibilities
The full job description provides an overview of the key tasks and responsibilities of the role and the person specification outlines the qualifications, skills, experience and knowledge required. For both overviews please view the Job Description attachment with the job advert.
Person Specification
Education
Essential
Part finalist CCAB
Desirable
CCAB qualified
Skills
Essential
Good organiser with realistic time management skills Ability to use a full range of formulae to create spreadsheets capable of recording, manipulating and analysing complex data sets Evidence of excellent oral and written communication Able to concentrate for long periods of time, often analysing complex data
Experience
Essential
Experience of working within the NHS or similar sized organisation Experience of translating complex data from various systems into clear and comprehensive financial models Experience of computerised accounting financial systems Working effectively and efficiently in a fast-changing environment
Desirable
Working within the NHS for at least 3 years-
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