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Assistant Finance Analyst

NHS

London

On-site

GBP 31,000 - 35,000

Full time

Yesterday
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Job summary

An established industry player is seeking an Assistant Finance Analyst to join their dynamic team. This role is pivotal in processing financial information and supporting budget holders in the financial planning process. The successful candidate will exercise strong analytical skills to ensure data integrity and provide robust financial reports. You will collaborate with various departments, enhancing internal controls and ensuring compliance with national accounting standards. If you thrive in a fast-paced environment and are passionate about finance, this opportunity offers a chance to make a significant impact in a vital sector.

Qualifications

  • Experience within management accounts is essential.
  • Relevant qualifications include NVQ Level 4 or AAT Technician level.

Responsibilities

  • Process financial information on the general ledger accurately.
  • Support budgeting, forecasting, and business planning processes.
  • Provide timely financial data to meet internal and external deadlines.

Skills

Ability to work to tight deadlines
Experience of Microsoft Office
Ability to work as part of a team
Worked with Power BI

Education

NVQ Level 4
AAT Technician level
CCAB Foundation stage

Job description

King's College Hospital NHS Foundation Trust

The Assistant Finance Analyst role is responsible for processing financial information on the general ledger, the analysis of general ledger transactions and support to the Senior Finance Analysts.

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.

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.
  • Develop and maintain an understanding of the Trust's accounting processes and procedures and financial systems.
  • 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.
  • Develop a comprehensive knowledge of national accounting standards and a good understanding of financial and other NHS legislation, NHS finance policies and initiatives relating to the NHS financial regime.
  • Provide robust, accurate and timely core financial data to meet internal and external month end/ year end deadlines.
  • 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.
Job responsibilities

Financial Transactions

Within the standard operating procedures and Trusts Standing Financial Instructions assist the Head of Transactions in the monthly monitoring of the general ledger to ensure the accuracy and integrity of the data prior to distribution to the Head of MA Analytics team.

Review financial transactions to ensure that they have been correctly processed and recorded to meet audit requirements.

Upload budget journals including SLR budget journals and WTE budgets.

Monthly reconciliation of budget movements, forecast movements and balance sheet.

Monthly reconciliation of the payroll files with ESR and liaising with the ESR team and Business Support Officers to ensure that errors are corrected at source.

Process payroll recoding, accrual, prepayment, recharge and amendment journals accurately and in a timely manner and that the suitable supporting documentation is maintained.

Raising invoices as requested ensuring these are accurately coded.

Liaising with the Finance Business Partners support the Trusts recruitment control process and prepare A to E forms as informed by the Senior Finance Analysts.

Provide monthly reports to HR, Finance Business Partners and Head of MA transactions to support the month end and year end processes.

  • Covers other Asst Finance Analyst roles when required.

Please refer to the job description for full details.

Person Specification
Qualifications
  • NVQ Level 4 or Association of Accounting Technicians (AAT) at Technician level or CCAB Foundation stage or equivalent experience relevant to the role.
Experience
  • Experience within management accounts.
Skills
  • Ability to work to tight deadlines and maintain a high standard of work.
  • Experience of Microsoft Office.
  • Ability to work as part of a team and maintain good working relationships with large and diverse staff group.
  • Worked with Power BI.
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.

King's College Hospital NHS Foundation Trust

Deputy Head of Financial MI and Analysis

£31,944 to £34,937 a year, including high cost allowance.

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