Job overview
To provide support and assist the division in matters of budgetary and general financial control so that Budget Managers and Business Partners can exercise their discretion, initiative and responsibility for planning and managing their budgets. To assist the Business Partner in completing the month-end cycle, assist with the production of timely and accurate monthly budget reports, forecasts and variance analysis in line with department deadlines. Assist in the identification and investigation of any variances in expenditure from budget and report on findings or conclusions to the Finance Business Partner. Provide advice and support to budget managers concerning their financial reports, and establish good relationships with the Divisions, Departments and other NHS bodies. Contribute to streamlining processes and share best practice with the team. Staff will be actively encouraged to gain qualifications (ACCA, CIMA, CIPFA, AAT, NVQs) and provision made as widely as possible for personal and professional development.
Main duties of the job
This list is not exhaustive, please refer to the full job description for more details:
1. Assisting the Finance Business Partner and Senior Management Accountants with the setting and maintenance of budgets for several directorates within the trust. Liaising with budget managers to produce annual budgets and regular amendments.
2. To assist with working on the month-end process and work to tight deadlines for the purpose of calculating accruals, prepayments, budget movements and adjustments to the General Ledger. Understand the Trust’s sub-ledgers, such as the sales ledger and purchase ledger, and be able to extract relevant financial information from these ledgers for the purposes of completing month-end and interrogating information to formulate variance analysis and explanations.
3. Assisting with the day-to-day financial operations of the post holder’s local area of responsibility.
4. Assist in providing routine analysis investigation and provide explanations of variances to aid in the understanding of the financial position.
Working for our organisation
Oxford University Hospitals NHS Foundation Trust is one of the largest NHS teaching trusts in the country. It provides a wide range of general and specialist clinical services and is a base for medical education, training and research. The Trust comprises four hospitals - the John Radcliffe Hospital, Churchill Hospital and Nuffield Orthopaedic Centre in Headington and the Horton General Hospital in Banbury. For more information on OUH please view
Our values, standards and behaviours define the quality of clinical care we offer and the professional relationships we make with our patients, colleagues and the wider community.
We call this Delivering Compassionate Excellence and its focus is on our values of compassion, respect, learning, delivery, improvement and excellence.