Management Accountant
UK Visa Sponsorship Analytics
Occupation Type
Chartered and certified accountants
Occupation Code Skill LevelHigher Skilled
Sponsorship Salary Threshold
£49,200
(£25.23 per hour)
Occupation rate applies
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Description
Working as part of a team, the post holder will assist in completing the monthly management accounting processes. The post holder will provide financial support and advice to specified departments. This will include advising a range of budget holders, e.g., Department Heads.
The Management Accountant will be part of a finance team who are responsible for financial advice, financial information and other financial input (e.g., business planning, service level agreements, costing and market testing) to a range of clinical and support services. In addition, they will assist in specific Trust-wide projects where the work cannot be divided into separate teams due to the necessity for a single and consistent output and approach
Walsall Healthcare NHS Trust is an integrated Trust and the only provider of NHS acute care in Walsall, serving a population of 284,300. It provides inpatient and outpatient services at the Manor Hospital as well as a wide range of services in the community. Walsall Manor houses the full range of district general hospital services under one roof. The £170 million development was completed in 2010, and ongoing upgrades ensure the Trust now has state-of-the-art facilities, including a Critical Care Unit, Neonatal Unit, Obstetric Theatre, and Integrated Assessment Unit. A new Urgent and Emergency Care Centre, opened in March 2023, has significantly improved emergency care facilities and capacity, providing almost 5,000 square metres of additional clinical space.
To undertake, delegate and supervise tasks as part of the monthly management accounting cycle, within specified criteria and deadlines.
To ensure procedure notes for junior staff are clearly documented and revised on a timely basis, and that correct accounting treatment is understood and applied.
To interrogate all financial ledgers and Payroll systems and use, design and format spreadsheets and databases in order to analyse, interpret and present information.
To take responsibility for preparing monthly budget reports, ensuring all jobs are complete and reports are as up to date and accurate as possible.
Preparation of variance analysis and investigation of variances on budget reports and taking corrective action where necessary. Presentation of detailed
Final variance analy
- PREVIOUS APPLICANT NEED NOT APPLY*
The Management Accountant will be part of a finance team who are responsible for financial advice, financial information and other financial input (e.g., business planning, service level agreements, costing and market testing) to a range of clinical and support services. In addition, they will assist in specific Trust-wide projects where the work cannot be divided into separate teams due to the necessity for a single and consistent output and approach
Walsall Healthcare NHS Trust is an integrated Trust and the only provider of NHS acute care in Walsall, serving a population of 284,300. It provides inpatient and outpatient services at the Manor Hospital as well as a wide range of services in the community. Walsall Manor houses the full range of district general hospital services under one roof. The £170 million development was completed in 2010, and ongoing upgrades ensure the Trust now has state-of-the-art facilities, including a Critical Care Unit, Neonatal Unit, Obstetric Theatre, and Integrated Assessment Unit. A new Urgent and Emergency Care Centre, opened in March 2023, has significantly improved emergency care facilities and capacity, providing almost 5,000 square metres of additional clinical space.
To undertake, delegate and supervise tasks as part of the monthly management accounting cycle, within specified criteria and deadlines.
To ensure procedure notes for junior staff are clearly documented and revised on a timely basis, and that correct accounting treatment is understood and applied.
To interrogate all financial ledgers and Payroll systems and use, design and format spreadsheets and databases in order to analyse, interpret and present information.
To take responsibility for preparing monthly budget reports, ensuring all jobs are complete and reports are as up to date and accurate as possible.
Preparation of variance analysis and investigation of variances on budget reports and taking corrective action where necessary. Presentation of detailed
Final variance analy
sis to Deputy Divisional Business Accountant.
To meet with budget holders on a monthly basis to explain and discuss the financial position. To appraise the Deputy Divisional Business Accountant of any concerns/issues regarding financial objectives being met so to ensure that action can be planned and implemented that will correct any adverse trends or meet specified cost reductions.
To contribute to the ongoing training and support to budget holders in understanding and making the best use of their budget reports.
To advise the budget holders on a wide range of financial issues, including identifying cost improvement targets, income generation, costing of rebased establishments and financial management. To ensure that all financial proposals have been accurately costed, and that the department is aware of the full implications of the proposals. To seek advice on issues from the Senior Management Accountant/ Deputy Divisional Business Accountant.
Prepare year end financial forecasts for Departmental budgets incorporating all known and potential financial issues. Discuss and agree resultant figures with budget holders and Senior Management Accountant/Deputy Divisional Business Accountant.
Contribute towards the annual Trust business planning and budget setting process. Ensure that all relevant issues are considered by budget holders (e.g., cost pressures, cost improvements plans, service developments), and that the financial implications have been fully costed and feedback to the Senior Management Accountant/ Deputy Divisional Business Accountant so they can be included in any business cases, service developments or business plan submission.
Investigating and responding to complex ad-hoc queries, both internally and externally, in an appropriate format and in a timely and accurate manner, involving more senior team members where appropriate.
Responsibility for specific projects within the team, or department wide, as directed by Senior Management Accountant/Deputy Divisional Business Accountant. E.g. completion of budget reconciliations, involvement in Reference Costing, development of processes, systems and reports.
Provision of detailed pay and non pay costing information.
Deal with ad-hoc financial coding queries and amendments e.g., from Creditors, Procurement, budget holders and managers.
Responsibility for ensuring the team year end control account codes are fully reconciled and have
To meet with budget holders on a monthly basis to explain and discuss the financial position. To appraise the Deputy Divisional Business Accountant of any concerns/issues regarding financial objectives being met so to ensure that action can be planned and implemented that will correct any adverse trends or meet specified cost reductions.
To contribute to the ongoing training and support to budget holders in understanding and making the best use of their budget reports.
To advise the budget holders on a wide range of financial issues, including identifying cost improvement targets, income generation, costing of rebased establishments and financial management. To ensure that all financial proposals have been accurately costed, and that the department is aware of the full implications of the proposals. To seek advice on issues from the Senior Management Accountant/ Deputy Divisional Business Accountant.
Prepare year end financial forecasts for Departmental budgets incorporating all known and potential financial issues. Discuss and agree resultant figures with budget holders and Senior Management Accountant/Deputy Divisional Business Accountant.
Contribute towards the annual Trust business planning and budget setting process. Ensure that all relevant issues are considered by budget holders (e.g., cost pressures, cost improvements plans, service developments), and that the financial implications have been fully costed and feedback to the Senior Management Accountant/ Deputy Divisional Business Accountant so they can be included in any business cases, service developments or business plan submission.
Investigating and responding to complex ad-hoc queries, both internally and externally, in an appropriate format and in a timely and accurate manner, involving more senior team members where appropriate.
Responsibility for specific projects within the team, or department wide, as directed by Senior Management Accountant/Deputy Divisional Business Accountant. E.g. completion of budget reconciliations, involvement in Reference Costing, development of processes, systems and reports.
Provision of detailed pay and non pay costing information.
Deal with ad-hoc financial coding queries and amendments e.g., from Creditors, Procurement, budget holders and managers.
Responsibility for ensuring the team year end control account codes are fully reconciled and have
supporting information.
Support the Management Accountancy Assistant where required. Provide cover during Senior Management Accountants absence.
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Support the Management Accountancy Assistant where required. Provide cover during Senior Management Accountants absence.
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