Management Accountant

Job overview

The Management Accountant is responsible for providing timely and accurate management information to the Trust’s budget holders and senior management ensuring that the data is understood and used by non-finance managers allowing them to meet their own performance targets.

They will work with minimal supervision, under the direction of the Finance Business Partner to carry out these duties and maintain high levels of satisfaction with a range of stakeholders, including budget holders and colleagues around the Finance department.

Main duties of the job

• Support the Finance Business Partner, ensuring the effective provision of a comprehensive management accounting service.
• Working closely with the Financial Services Team to prepare the monthly trust accounts in line with requirements as set out by the Associate Directors of Financial Services and Operational Finance
• Producing accurate and timely budgetary control reports, and to produce the directorate performance packs within the agreed timetable.
• Undertake regular meetings with budget holders (without supervision) to review accounts and support their understanding of the financial position
• Investigating and analysing variances from budget and reporting and explaining these to budget holders and other senior managers.

Detailed job description and main responsibilities

• Support the Finance Business Partner, ensuring the effective provision of a comprehensive management accounting service.

• Working closely with the Financial Services Team to prepare the monthly trust accounts in line with requirements as set out by the Associate Directors of Financial Services and Operational Finance

• Producing accurate and timely budgetary control reports, and to produce the directorate performance packs within the agreed timetable.

• Undertake regular meetings with budget holders (without supervision) to review accounts and support their understanding of the financial position

• Investigating and analysing variances from budget and reporting and explaining these to budget holders and other senior managers.

• Participation in the costing and pricing of the Trust’s activity.

• Reviewing financial transactions to ensure that they have been correctly processed and recorded.

• Produce accurate year end forecasts.

• Produce monitoring returns to external bodies as and when required.

• Assisting managers in developing business plans for their areas of responsibility.

• To liaise with internal departments and external agencies to obtain relevant information in a timely manner.

• Support Finance Business Partner in implementing Service Line Reporting.

• Maintain adequate records for audit purposes.

• To ensure work structure information (ESR) reconciles with budgets and ensure the efficient processing of authorisation requests on the Trust recruitment system (currently TRAC)

• Ensure the budget is kept updated for alterations throughout the year in line with budget rules and Standing Financial Instructions.

• Work through complex financial and non-financial workloads with minimal supervision or support

• To manage stakeholder expectations and satisfaction, engaging with a range of internal and external customers with different backgrounds and sometimes competing objectives

• Assisting in other ad-hoc financial exercises as required.

• Undertake any other duties applicable to the grade/post as required.

• This post involves the use of display screen equipment as a significant part of normal works and the job holder will be a user as defined in the Health & Safety Policy on work with DSE.

• This post currently involves working from home full time with Trust provided equipment. Post-pandemic, it may be a combination of working from home / office work / travel to meetings as and when required.