NHS
Senior Finance Analyst
This job is now closed
Job Description
- Req#: C9213-25-0349?language=en&page=241&sort=publicationDateDesc
- Part qualified CCAB or CIMA with experience
- Full accreditation within 12 months of being in post
- Evidence of CPD
- Experience of working in an NHS accounting department including experience in a management accounting role
- Experience of using General ledger and financial reporting software packages.
- Preparing business cases and cost improvement initiatives
- Accounting skills including being able to identify, articulate and evaluate key risks and assumptions in reaching conclusions
- Microsoft Office skills including advanced Excel
- Understanding of good financial governance
- Worked with Power BI
- Part qualified CCAB or CIMA with experience
- Full accreditation within 12 months of being in post
- Evidence of CPD
- Experience of working in an NHS accounting department including experience in a management accounting role
- Experience of using General ledger and financial reporting software packages.
- Preparing business cases and cost improvement initiatives
- Accounting skills including being able to identify, articulate and evaluate key risks and assumptions in reaching conclusions
- Microsoft Office skills including advanced Excel
- Understanding of good financial governance
- Worked with Power BI
Job summary
The Finance Analyst role is responsible for generating and producing monthly budget statements and financial reports, in accordance with the Trust agreed timetables and departmental policies and procedures under the line management of a Senior Business Support Analyst.
Alongside this, the post holder will be responsible for investigating variances from plan by interrogating the Trust's financial systems and to summarise and report on these in monthly performance narratives. In addition, the Business Support Analyst will provide timely resource management information to the Budget Holders with which the role is linked and to assist in the provision of comprehensive financial management information and advice to a range of areas within the Trust.
The role will include meeting budget holders to support the Finance Business Partners and Senior Support Analysts in the budgeting, forecasting and business planning process.
The role requires good communication skills particularly in explaining finance to non-finance staff.
In providing specialist financial expertise and leadership to the business there is an almost constant requirement for the post holder to exercise intense concentration and sustained mental effort in order to analyse, understand, retain and convey information.
There is a frequent need for the post holder to prioritise and re-prioritise workloads according to the demands of stakeholders and to meet financial deadlines.
Main duties of the job
Leadership
Be a role model in how to provide a customer focused, high quality service to managers, directors, clinicians and finance business partners
Work with colleagues in Contracting, Income, Costing and information/performance management to ensure the Trust has coherent integrated information, analysis and plans.
Support the implementation of actions in response to recommendations from Internal Audit for the enhancement of internal controls and procedures in own areas of responsibility.
Ensure strong relationships and regular communications with all Trust finance managers to ensure they are informed of any data quality issues relating to the financial position of the Trust, new national guidance and policy issues, etc and to provide them with clear guidance as appropriate.
Financial Reporting, Budget Setting and Forecasting
Produce annual income and expenditure base budget schedules for each subdivision/department assigned. Including providing prompt and professional advice to Budget Holders for service developments, cost pressures & cost improvement programmes
Produce comprehensive, robust, accurate and timely monthly financial reports for each assigned directorate/department, covering:
- Income and Expenditure
- Variance Analysis
- Forecasts
- Integration of non-financial (manpower and activity) information
- Narrative and audit trail reports
About us
King's College Hospital NHS Foundation Trust is one of the UK's largest and busiest teaching Trusts with a turnover of c£1.8 billion, 1.5 million patient contacts a year and more than 15,000 staff based across South East London. The Trust provides a full range of local and specialist services across its five sites. The trust-wide strategy of Strong Roots, Global Reach is our Vision to be BOLD; Brilliant people, Outstanding care, Leaders in Research, Innovation and Education, Diversity, Equality and Inclusion at the heart of everything we do. By being person-centred, digitally-enabled, and focused on sustainability, we aim to take Team King's to another level.
We are at a pivotal point in our history and we require individuals who are ready to join a highly professional team and make a real, lasting difference to our patients and our people.
King's is committed to delivering Sustainable Healthcare for All via our Green Plan. In line with national Greener NHS ambitions, we have set net zero carbon targets of 2040 for our NHS Carbon Footprint and 2045 for our NHS Carbon Footprint Plus. Everyone's contribution is required in order to meet the goals set out in our Green Plan and we encourage all staff to work responsibly, minimising their contributions to the Trust's carbon emissions, waste and pollution wherever possible.
Date posted
26 March 2025
Pay scheme
Agenda for change
Band
Band 6
Salary
£44,806 to £53,134 a year per annum inc HCA's
Contract
Permanent
Working pattern
Full-time, Home or remote working
Reference number
213-CORP-7067498
Job locations
Coldharbour Works Building
245a Coldharbour Lane
London
SW9 8RR
Job descriptionJob description
Job responsibilities
Accurately prepare any specific internal & external recharges, accruals and amendment journals for processing by the Financial Management Finance Analysts.
Maintain and contribute to the development of detailed standard operating procedure notes in relation to the month end duties you undertake.
Provide training and advice to budget holders and other finance colleagues regarding financial management issues arising out of variance and other ad hoc analysis.
Implement audit recommendations as required and ensure sound system of internal control is maintained.
Understand the Trusts standing financial instructions, procurement policies, audit recommendations and any other centrally issued guidance relating to financial control and bring possible breaches of these policies to the attention of the Senior Finance Manager.
Provide assistance as necessary to line managers and divisional managers with respect to calculations that underpin the formulation of cost improvement programmes and financial schedules incorporated within business cases.
Attend directorate meetings and provide an explanation of financial performance with or without the support of the Senior Business Support Analyst
.
Working with Senior Finance Analysts, Senior Finance Manager and Financial Business Partners to ensure the delivery of accurate and timely reporting of financial information to appropriate levels of management.
Cover other Business Support Analyst roles when required.
Please refer to the job description for full details.
Job responsibilities
Accurately prepare any specific internal & external recharges, accruals and amendment journals for processing by the Financial Management Finance Analysts.
Maintain and contribute to the development of detailed standard operating procedure notes in relation to the month end duties you undertake.
Provide training and advice to budget holders and other finance colleagues regarding financial management issues arising out of variance and other ad hoc analysis.
Implement audit recommendations as required and ensure sound system of internal control is maintained.
Understand the Trusts standing financial instructions, procurement policies, audit recommendations and any other centrally issued guidance relating to financial control and bring possible breaches of these policies to the attention of the Senior Finance Manager.
Provide assistance as necessary to line managers and divisional managers with respect to calculations that underpin the formulation of cost improvement programmes and financial schedules incorporated within business cases.
Attend directorate meetings and provide an explanation of financial performance with or without the support of the Senior Business Support Analyst
.
Working with Senior Finance Analysts, Senior Finance Manager and Financial Business Partners to ensure the delivery of accurate and timely reporting of financial information to appropriate levels of management.
Cover other Business Support Analyst roles when required.
Please refer to the job description for full details.
Person SpecificationPerson Specification
Qualifications
Essential
Experience
Essential
Skills
Essential
Desirable
Qualifications
Essential
Experience
Essential
Skills
Essential
Desirable
Additional informationDisclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Certificate of Sponsorship
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Certificate of Sponsorship
Applications from job seekers who require current Skilled worker sponsorship to work in the UK are welcome and will be considered alongside all other applications. For further information visit the UK Visas and Immigration website (Opens in a new tab).
From 6 April 2017, skilled worker applicants, applying for entry clearance into the UK, have had to present a criminal record certificate from each country they have resided continuously or cumulatively for 12 months or more in the past 10 years. Adult dependants (over 18 years old) are also subject to this requirement. Guidance can be found here Criminal records checks for overseas applicants (Opens in a new tab).
Employer details
Employer name
King's College Hospital NHS Foundation Trust
Address
Coldharbour Works Building
245a Coldharbour Lane
London
SW9 8RR
Employer's website
https://www.kch.nhs.uk/ (Opens in a new tab)
Employer details
Employer name
King's College Hospital NHS Foundation Trust
Address
Coldharbour Works Building
245a Coldharbour Lane
London
SW9 8RR
Employer's website
https://www.kch.nhs.uk/ (Opens in a new tab)
About the company
National Health Service (NHS) is the umbrella term for the publicly-funded healthcare systems of the United Kingdom (UK). The founding principles were that services should be comprehensive, universal and free at the point of delivery—a health service based on clinical need, not ability to pay. Each service provides a comprehensive range of health services, free at the point of use for people ordinarily resident in the United Kingdom apart from dental treatment and optical care.