Our mission is to deliver world class care and expertise in our clinical services, underpinned by world class teaching and research and we will continue to measure our progress against our five governing objectives: excellent outcomes, excellent patient and staff experience, excellent value for taxpayers' money, being safe and meeting our external duties, and building a strong organisation.
Everyone is welcome at Royal Free London NHS Foundation Trust. We're proud of our diversity and we continue to undertake new initiatives to advance equality for LGBT+, BME, gender equality, staff carers and people with disabilities and lived experiences to promote good relations and understanding between our staff.
Job overview We have 2 exciting positions available due to internal promotions in the Central Finance and Corporate Reporting teams.
Central Finance Reporting Team To support in the adherence and maintenance of a robust management accounting infrastructure. To support in the coordination of the Trust's monthly budget reporting cycle through the General Ledger, ensuring that accurate and timely budgetary control information is circulated to all budget holders in line with agreed reporting deadlines. To contribute towards the preparation of the Monthly Management Reports. Support any deep dive or ad-hoc analysis required to better understand the financial position and quantify changes in trends of key drivers impacting the trust position. Support the team to respond to information requests, often requiring detailed modelling and analysis to be completed at pace and working to tight deadlines. Manage workload such that all deadlines are met, whilst completing work to a high standard, allowing for appropriate review and amendment by senior management before documents are disseminated outside the finance department. To support in coordinating month end to ensure timetable is met. To develop relationships and work closely with financial management and other finance functions to review processes and suggest improvements.
Main duties of the job Corporate Reporting Team Responsible for management accounting for specific directorates encompassing both income and expenditure reporting but with specific emphasis on expenditure. To assist the Directorate Finance Manager to prepare Monthly Management Reports and Board briefings to set timelines with written analysis/commentaries for the various departmental senior managers enabling them to manage their areas of the business. To ensure that the period end reports for the directorates are accurate, error-free and include all accruals necessary to present an accurate picture of the financial situation of the directorate. To assist the Directorate Finance Manager to prepare incisive commentary on the period end reports explaining major variances to budgets/forecasts. Manage workload such that all deadlines are met, whilst completing work to a high standard, allowing for appropriate review and amendment by senior management before documents are disseminated outside the finance department. Support any deep dive or ad-hoc analysis required to better understand the financial position and quantify changes in trends of key drivers impacting the trust position. To assist the Directorates to prepare annual I&E budget, ensuring that accurate and timely budgetary control information is circulated to all budget holders in line with agreed reporting deadlines. To undertake any other duties appropriate to the role and grade as specified by the line manager.
Working for our organisation The Royal Free London NHS Foundation Trust is one of the UK's biggest and most innovative trusts. Across three main hospitals, our dedicated army of staff care for over 1.6 million patients, treat more than 200,000 in A&E, deliver over 8,000 babies and carry out more than 17 million tests.
Our size, scale and influence offer you unrivalled career opportunities and a forward-thinking approach to working that works around your lifestyle. From flexible hours and generous benefits, to next level training, we make it easier to take your career to the top.
Detailed job description and main responsibilities Please see attached job description for more information about this role and working at Royal Free London NHS Foundation Trust.
Person specification Royal Free World Class Values Essential criteria
Demonstrable ability to meet the Trust Values Education & Qualifications Essential criteria
Existing qualifications at least equivalent to CCAB Certificate level Studying for a Professional qualification in accountancy (CIMA, ACA, CIPFA, ACCA). Desirable criteria
Graduate CCAB Finalist Experience & Knowledge Essential criteria
Initial experience of management accounting or equivalent experience. Good working knowledge of double entry book-keeping Experience of presenting and explaining financial information in a manner that can easily be understood by non-finance managers. Desirable criteria
Extensive management accounting experience in similar organisations Knowledge and understanding of the NHS financial environment. Skills & Aptitudes Essential criteria
Able to communicate clearly and concisely both verbally and in writing Ability to make use of systems (Excel, PowerPoint, Microsoft Word) to prepare and present accurate, clear information and to identify what can be produced from other financial systems. Record of delivering to tight deadlines. Desirable criteria
Advanced excel skills Advanced analytical skills with the ability to communicate clearly the results of such analysis. Personal Qualities Essential criteria
Team player, willing to 'roll up sleeves' where necessary Positive 'can do' attitude Embraces change
Covid-19 Vaccination Getting vaccinated, and getting a booster, remains the best defence against COVID-19. We encourage and support staff to get COVID-19 vaccine and a booster dose as and when they are eligible.
Applications are welcome from people wishing to job share or work flexible patterns. We are committed to equal opportunities.
Please note:
Due to the high number of applications that are received for some posts we may close this vacancy before the advertised closing date. Therefore please apply for this post as soon as you can, if you are interested and you meet the requirements of the Person Specification. Only those candidates who clearly demonstrate how they meet the person specification will be shortlisted for this job. Interview arrangements will be communicated via email so please check your email regularly following the closing date.
Please be advised that due to exceptionally high demand, all Royal Free accommodation is at full capacity and waiting lists are being held. Average waiting times are 12 months. Please do not rely on Trust accommodation when you commence your role and ensure you investigate alternative accommodation for your arrival.
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