Management Accountant

Details of the offer

An exciting opportunity has arisen for a Management Accountant in Estates and Facilities Services. The service is looking for an energetic and a highly motivated individual with a strong desire for supporting vital infrastructure.
The key responsibilities will be to prepare and manage budgets, forecasts, and financial reports specific to the service. Conduct variance analysis to monitor financial performance and identify trends. Assist in financial planning and decision-making processes with insightful reports and recommendations. Oversee financial transactions and ensure compliance with accounting standards and regulations. Collaborate with the Estates and Facilities team to optimize financial efficiency and cost-effectiveness. Support audits and financial reviews, providing necessary documentation and explanations.
The successful candidate will play a key role in supporting the smooth operation of our Estates and Facilities services. Opportunities for professional development and career advancement will be available. Join a collaborative and forward-thinking team committed to excellence.
Ready to make a difference with your financial expertise? Apply now to become a vital part of our Estates and Facilities team at West London NHS Trust.
Main duties of the jobTo deliver a high standard of management accounting services to the service lines whilst adhering to the Trust's Standard Financial Instructions (SFIs).
You are expected to assist the line manager with the core month-end tasks per the timetable, to determine the financial performance of the service line. To carry out detailed variance analysis on a monthly basis to evaluate the impact on the services line.
You will support the leads in managing the risks through the formation of financial recovery plans and an accurate forecast outturn. You will be expected to provide updates on the progress, the barriers and associated risks. Transparency and openness is paramount to ensure the service line delivers a balanced budget.
The delivery of budget management training will play a pivotal role in the sound understanding of the budgetary management responsibilities amongst the clinicians, covering a wide range of tasks i.e. recruitment and online budget authorisations etc.
About usWest London NHS Trust is one of the most diverse healthcare providers in the UK, delivering a range of mental health and physical healthcare and community services. The Trust runs Broadmoor Hospital, one of three high secure hospitals in the country, with an international reputation.
Our high secure services care for patients from South of England and we provide low and medium secure services across eight London boroughs. The Trust also provides mental and physical healthcare in three London boroughs (Ealing, Hounslow and Hammersmith & Fulham). We employ over 5,000 staff, of whom 59% are BME. Our turnover for 2024-25 is over £500m.
The Trust is rated as 'Good' overall by the Care Quality Commission. Forensic services are rated as 'Outstanding'.
The Trust is an established partner and contributor in the development of the evolving North West London Integrated Care System and the Integrated Care Board. The Trust leads the NW London Children and Adolescent Mental Health provider collaborative.
Job responsibilitiesThe Candidate Pack provides an overview of the key tasks and responsibilities of the role, and the person specification outlines the qualifications, skills, experience and knowledge required.
Person SpecificationQualificationsGood general education at GCSE/ A level/ NVQ level 3 or above or two to three years' equivalent experienceAAT qualified/ or actively studying for an accountancy qualification (and achieved at least CCAB certificate/foundation level or considerable equivalent experience)ECDL or equivalent IT qualification or equivalent experienceExperienceRecord of successfully working to deadlinesMinimum of one year's experience in management accounting environmentDemonstrate ability to manage own workload seeking support as requiredExperience of monitoring budgetsAbility to prepare, analyse and interpret financial information accuratelyNHS Experience or Experience in a Healthcare environmentAbility to deal with queries effectively and on own initiativeExperience of training both finance and non-finance personnelKnowledgeExperienced in the use of PC spreadsheets and word processing packagesGeneral understanding of accounting proceduresIT literate - experienced in the use of PC spreadsheets and word processing packagesKnowledge of financial systems and robust control measures e.g. monitoring budget management, processing invoices and procurementUnderstand and be able to apply the concepts below seeking support and guidance when requiredBasic Costing, Variance Analysis and financial reporting, Accruals & provisionsGood Understanding of NHS Agenda and Knowledge of NHS Financial frameworkUnderstanding of the public sectorSkillsAbility to work as a member of a number of multi-disciplinary teamsAble to review own workload, prioritising items in order to meet deadlines agreed with line manager, highlighting potential issues to manager when they ariseWilling and quick to learnFlexible and willing to persevere to get a job doneLogical and well organisedAble to understand financial issues and use numeracy analytical ability to review financial informationConversant with information management and technologyAbility to influence, command respect and to establish credibility with staff at all levels of the organisationDisclosure and Barring Service CheckThis 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.

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