London Ambulance Service NHS Trust Hiring for Financial Analyst Job at London, England Full Time

As the Financial Analyst you will be accountable to the Finance Manager for delivering the accounts for given areas of responsibility. You will investigate financial transactions within the ledger, reconcile large amounts of data and provide valuable information to senior managers within Finance and across the Trust, including financial risk assessment, costing and forecasting. You will also be responsible for the line management of a one year fixed term placement student.

You will also produce financial information in accordance with strict timetables and short deadlines and be responsible for ensuring that financial transactions are in accordance with Standing Financial Instructions and Standing Orders.

We are looking for an enthusiastic and dedicated finance professional who is adaptable, able and willing. You will be expected to promote and deliver a customer-focussed service and to work as part of a team and to contribute to effective team working.

You will need to have excellent keyboard skills and be a competent user of Microsoft Excel and Word and have the ability to analyse and interpret data. You should also be able to manage your workload and prioritise effectively. You must possess excellent written and verbal skills and be able to communicate financial information in a meaningful way to others across the Trust.

Please note, you are required to be studying for a CCAB qualification and the post holder will pursue a programme of continuous professional development in accordance with any relevant professional registration or statutory requirements, whilst maintaining appropriate awareness of service provider requirements.

Applicants are advised to read all the information enclosed in the advert and the supporting information before completing and submitting an application. As you complete your application please ensure you clearly demonstrate how you meet the criteria in the person specification for this post by adequately completing the supporting information section of the application form.

Priority will be given to staff at risk candidates.

We reserve the right to close the application window early if we receive a high volume of suitable applications.

London Ambulance Service NHS Trust is the busiest ambulance Trust in the UK. We are seeking someone who will fit with the Trust values of being respectful, professional, innovative and collaborative.

The team works widely across the Trust at all levels up to Board and with a variety of other partners such as external NHS Trusts, commercial organisations, Heathrow Airport, Stadia, Londons Air Ambulance and Healthcare UK and Department for International Trade.

You will, therefore, have the opportunity to join the team at an exciting time of growth and to gain experience of being involved in a varied portfolio.

Annual leave starts at 27 days rising to 33 days, plus bank holidays, in line with agenda for change (NHS terms and conditions).

Employees can access Blue Light (emergency services) discounts as well as NHS discount schemes.

• Financial Analysis and Control. Acts as the main financial liaison for a given Directorate(s), advising Deputy Director or Directors on financial management issues within their areas. Develops and interprets analysis that benchmarks or highlights issues that enables senior managers to manage resources effectively.
• Proactively advises and influences managers on business management issues and on business plans within the Directorate. Undertakes the economic and financial elements of business cases. Identifies potential efficiency savings and persuades managers to address these.
• Engages with senior managers in robust discussions around developments with a financial impact, influencing the decision-making process and ensuring financial requirements are appropriately considered.
• Leads for the given Directorate(s) on business planning (budget setting) including top-down and bottom-up budgeting and 3-year financial plans.
• Assesses and provides costing support for development expenditure requirements.
• Continually develops finance technical knowledge in line with progression through the full CCAB qualification. Understands the contexts in which this knowledge should be applied and advises accordingly.
• Carries out the month-end procedures and analysis for each cost centre in the given Directorate(s) within a 5 day deadline, reporting and discussing the results with budget holders.
• Financial management of projects within the Directorate(s), including costing, monitoring expenditure and projecting future years’ spend.
• Forecasting – Responsible for income and expenditure forecasts for the Directorate. Develops and maintains an in-depth understanding of all areas of the Directorate and co-ordinates this knowledge as well as expenditure trends and other statistical information and assumptions to produce ongoing up to date robust forecasts of annual income and expenditure. Holds reviews of these forecasts with Directors and uses persuasion where necessary to manage the forecast position.
• Manages and prioritises own workload, juggling requirements from a number of managers as well as own month-end work and forecasting deadlines. Manages expectations and maintains quality, providing realistic estimates of when work can be completed.
• Ensures that financial procedures as set out in the Standing Orders, Standing Financial Instructions and Scheme of Delegation are adhered to and promotes good financial governance across the Directorate.
• Implements control recommendations raised by internal or external audit.
• Proposes and implements changes to accounting and financial policies and procedures within the given Directorate(s) and raises and jointly implements with other finance analysts changes affecting all areas. Proposes and works with the finance systems team to implement improvements to financial systems, both for own Directorate(s) and with other analysts across Directorates (for example, improvements to the forecasting model).
• Training – Delivers the Finance for Non Finance Managers training module to managers at all levels and departments in the Trust and provides financial systems training to budget holders as required.
• IT Awareness – Understands and contributes to the IM&T strategy in order to ensure continuous improvement and development of financial systems.
• Uses and reconciles information from other Trust software, such as there sourcing and payroll systems.
• Undertakes any other relevant duties and contribute to special projects, deputising for the Senior Finance Manager as required.
• The post holder will work flexibly across other areas of Finance in accordance with the trust’s needs during the duration of their training and will be rotated within the finance team to gain necessary skills and experience as required by their accounting body.