Royal Surrey NHS Foundation Trust Hiring for Finance Analyst – Band 5 Job at Guildford, England Full Time

• To support Income and Planning & Reporting team within Corporate Support Services.
• To provide commissioned income, activity, financial information & reporting to clinical and non-clinical colleagues.
• To support the Income and Planning & Reporting Managers, with data and information requirements, reporting criteria, and other ad hoc tasks using Spreadsheets, Service Level Agreement Monitoring software (SLAM) and the General Ledger. Involve in financial month end process by generating the standard reports, Journals and divisional packs.
• Role also entails working within the Finance Department’s policies and procedures, to agreed timetables and to deal with ad hoc tasks.
• 3. KEY RESULT AREAS/MAIN DUTIES AND RESPONSIBILITIES:
• KEY RESULT AREAS
• – Accounting & Financial Reporting
• – Productivity & Efficiency
• – Financial training & advice
• – Clinical Engagement
• – Financial Responsibilities
• – Commissioned Income Planning & Reporting
• – Development and Training
• MAIN DUTIES & RESPONSIBILITIES
• To maintain knowledge of NHS accounting and financial reporting requirements, particularly relating to Payment by Results and Reference Costs. This will require the interpretation of general requirements and applying them appropriately in specific situations.
• To manage the ledger transactions to ensure all income categories are presented within Trust financial reports.
• Investigate cash variances by CCG, liaising with Accounts Receivable as necessary.
• To undertake analysis of financial data when required, in order to enable CCGs & External colleagues to understand and interpret Trust reports to facilitate prompt payment or minimize disputes.
• To undertake and support detailed work on budgeting, pricing, financial control and monitoring of all central income.
• Plan workload effectively to ensure all weekly, monthly, quarterly and annual deadlines are met within specified timetables.
• Ensure that standard checks are performed to provide assurance of the accuracy of information contained within the Trust’s financial systems.
• Act as first point of contact for Freedom of Information requests for the Finance Department. This will involve preparing reports to answer simple requests for review by the Planning & Reporting Manager and assisting with the production of more complex requests.
• Update of cost Improvement Programmed (CIP) reports, Central tasks and upload into the dashboard along with other internal reports.
• Assist in the transactional aspects of the development of a rolling 18 month forecast, including CIPs, for income, expenditure, workforce, activity and capacity
• Assist in the production and delivery of Finance training including SBS and BI, Ms-Power BI and the CIP monitoring system. Ensure all the reports should be validate.
• To contribute to the continuous development of good practice within the department. Continually reviews current procedures, redesigning processes to improve service delivery.
• Involve in month end process by adding central tasks journals. Generate the reporting packs for Divisional and SBU.
• Credits control/monitoring of outstanding invoices and Aged Debtors to ensure that all debts owed to the Trust are collected in a prompt manner.
• To ensure that detailed procedure notes are prepared and kept up to date for all key tasks to allow for cross cover when required.
• To undertake any other duties as required. Assist with project work and other ad-hoc duties to ensure that all the routine work of the department is covered.

Job Types: Full-time, Permanent

Salary: From £28,408.00 per year

Benefits:

• On-site parking
• Store discount

Schedule:

• Day shift
• No weekends

Reference ID: Finance